Don't miss this opportunity to assume a 3.25% VA loan with a balance of approximately $372,000 — a remarkable advantage in today's market. This recently remodeled 3BR/2BA beach cottage has been worked on inside and out, featuring new siding, a new roof, new fencing, fresh interior paint, and all-new furniture that conveys with the home. The kitchen has been updated with new cabinets and countertops, and luxury vinyl plank flooring runs throughout, perfect for a beach house. A brand new hot tub, a 10x12 storage shed, and a new backyard playground make this property as functional as it is fun, while the oversized covered back porch outfitted with polywood furniture creates the ideal space for entertaining or unwinding after a day at the beach. The large master bedroom accommodates a king-size bed, and the concrete driveway and fully fenced yard round out the package. A new HVAC was installed in 2025, giving buyers added peace of mind. Located just a short walk from the beach and the City Park, complete with pickleball courts, tennis and basketball courts, and a playground, this home is close to the amenities, while still being located on one of Mexico Beach's less-traveled roads. With a strong short-term rental history and everything already in place to hit the ground running, this property works equally well as a primary residence or a turnkey investment opportunity. Call today!
Single-familyProperty Type
2003Year Built
8,364 sq ftLot Size
$332Price/Sq.Ft.
4 spacesParking
Listed by Carter Dorsch• 98 Real Estate Group, LLC
Est. $2,603 per month, based on comparable rentals
Sale and tax history for 231 Nannook Rd
Sale History
Tax History
Date
Event
Price
RAFGC #326462
Sep 30, 2026
Sold
$480,000
$332/sq ft
Jul 30, 2026
Contingent
—
Jul 10, 2026
Price Changed
$499,000
$346/sq ft
Jun 2, 2026
Price Changed
$519,000
$359/sq ft
Feb 20, 2026
Listed
$529,000
$366/sq ft
RAFGC #316138
Jun 21, 2024
Sold
$460,000
$319/sq ft
May 9, 2024
Contingent
—
May 9, 2024
Pending
—
Apr 25, 2024
Contingent
—
Mar 17, 2024
Price Changed
$499,000
$346/sq ft
Mar 2, 2024
Price Changed
$510,000
$353/sq ft
Jan 23, 2024
Price Changed
$539,000
$373/sq ft
Jan 5, 2024
Listed
$549,000
$380/sq ft
+29
3.25% assumable VA Loan balance approx. $390,000. the buyer would need to be approved to assume loan. This home would make a great primary residence or a investment property as a shorterm rental property. It has 3 bedrooms 2 baths and is a short walk to the beach as well as the City Park w/ pickleball courts, tennis/basket ball courts, & a playground. Luxury vinyl plank throughout the house which is perfect for the beach life. The kitchen cabinets & countertops have been remodeled and their is a big cover patio for outdoor living! The master bedroom is big and accomodates a kind size bed. Big outdoor storge shed and nice size yard with fence and concrete driveway. New HVAC in 2019. This home was a short term rental prior to the current owners and rented very well.
RAFGC #308445
Nov 30, 2021
Sold
$408,000
$283/sq ft
Jul 9, 2021
Listed
$420,000
$291/sq ft
CPARMLS #347379
Dec 14, 2021
Listing Removed
—
Mar 8, 2006
Listed
$339,000
$235/sq ft
RAFGC #92630
May 3, 2002
Sold
$35,900
$25/sq ft
Apr 15, 2002
Listed
$35,900
$25/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,314 (+133.1%)
$117,346 + $271,327
$388,673
2021
$2,709 (+3.4%)
2020
$2,620 (+88.2%)
$48,393 + $92,218
$140,611
2019
$1,392 (−38.4%)
$42,119 + $32,670
$74,789
2018
$2,261 (+19.4%)
$42,119 + $76,074
$118,193
2017
$1,894 (−2.1%)
$38,247 + $77,474
$115,721
2016
$1,934 (−1.4%)
$38,047 + $78,874
$116,921
2015
$1,962 (−0.8%)
$37,113 + $80,275
$117,388
2014
$1,977
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
75 ft.
Lot depth
112 ft.
Lot size
8,364 Sq. Ft.
Year renovated
2020
Sq. Ft.
1,444
Year built
2003
Style
Single Family Residential
County
Bay County
APN
04973650000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
RLD
Residential Low-Density District
This zoning district allows for single family residential at a maximum density of 6 dwelling units per acre and non-residential development as defined below.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Senior
Public service
Educational/school
Recreation
Golf related
Park & open space
Aug 27, 2003 • Final
Legacy - residential
Construct a new single-family home.
New construction
Jun 3, 2003 • Final
Mechanical
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Utilities: Natural Gas Available, Sewer Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
Sewer: Public Sewer
Location
Location Information
Directions: Heading West on Hwy 98 take a right turn onto 19th St, then take a right turn at the first stop sign. Take a left onto Nannook and look for the sign. The home will be on the left.
Subdivision Name: Grand Isle
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,444
Stories: 1.0
Lot Size: 8,364 square feet
Style: Single Family Residential
Year Built: 2003
Year Renovated: 2020
County: Bay County
APN: 04973650000
Home facts updated by county records on Sep 14, 2026
Other
Listing Information
AttributionContact: 8506482200
Around this home
Schools
Tyndall Elementary School
Public PreK-8 • Assigned • 15.3mi
8/10
Rutherford High School
Public 6-12 • Assigned • 19.6mi
2/10
Provided by GreatSchools
Climate risks
3/10 Flood Factor
Estimated 11-17% chance of a flood reaching the building in the next 30 years
4/10 Fire Factor
3% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 21 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Mexico Beach, FL • 32456
Average low and high temperatures (°F)
62
41
69
50
74
56
80
60
83
68
88
74
91
77
88
75
88
69
81
62
76
56
67
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Mexico Beach. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.2 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$469,000 – $568,000
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