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$2,995,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 3,045 Sq. Ft.
  • Updated 5 days ago
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Exceptional custom canal-front home with private boat slip, this property offers a waterfront oasis for those who want to enjoy life on the water. Thoughtfully built by a local builder as his personal residence, this home reflects craftsmanship and attention to detail. Tucked away on a large lot on a dead-end street, the privacy and tranquility are unparalleled. The resort-style outdoor living area is a standout feature, centered around an 18' x 36' heated saltwater pool framed by tropical palms and mature landscaping. The seawall and boathouse were rebuilt in 2022. The boat slip can accommodate up to a 12-foot beam vessel and includes a 16,000 lb lift. Inside, the home showcases 10' ceilings, engineered wood floors, casement windows, pecky cypress wood accents, and a gas fireplace. An elevator adds convenience, while the expansive 18' wide sliding glass doors fill the home with natural light and open to a spacious, wrap-around covered porch overlooking the pool and boathouse. The open floor plan is anchored by a beautifully appointed kitchen outfitted with premium Thermador appliances. The primary suite offers a luxurious retreat with marble floors and walls, claw-foot tub, and walk-in closet. Upstairs, you'll find a generous second living area, full bathroom, a guest bedroom with an ensuite, and an additional bedroom with an oversized walk-in closet or flexible storage space. This level also offers the potential to easily create a fourth-or even fifth-bedroom. Additional highlights and features include approx 2100 sq ft of enclosed garage space, upgraded 200-amp electrical panel, hardwired security system, whole-home indoor and outdoor audio system, waterproofed decks with Trex decking, outdoor shower, and irrigation system. This casual yet refined home was intentionally designed and constructed to seamlessly blend boating, fishing, and poolside living.

Full Property Details for 209 Water Dr

General

  • Price: $2,995,000
  • Status: Active
  • Type: Single Family
  • Source: 933
  • MLS ID: 328120
  • Updated: 4/22/2026
  • Added to Site: 5 day(s) ago

Interior

  • Rooms/Areas: Blinds, First Floor
  • Interior Features: Carbon Monoxide Detector, Elevator, Gas Fireplace, Kitchen Island, Pantry, Recessed Lighting, Security System, Shelving, Smoke Detector, Storage, Walk-In Closet(s), Window Treatment All, Woodwork Painted, Woodwork Stained
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Gas Water Heater, Microwave, Range Hood, Refrigerator w/Ice Maker, Tankless Water Heater, Wine Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Engineered, Hardwood, Marble, Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Pool: Yes
  • Pool Description: Concrete, Heated, In Ground, Salt Water, See Remarks

Exterior

  • Exterior Features: Boat Lift, Boat Slip, Dock, Landscaped, Shower, Sprinkler System
  • Porch/Patio/Deck: Balcony, Covered Patio, Covered Porch, Wrap Around

Parking

  • Parking Features: Boat, Driveway, Garage Attached, Golf Cart-Enclosed, Oversized

Location

  • Area: Mexico/St. Joe Beach
  • Subdivision: No Named Subdivision
  • Driving Directions: Hwy 98 in Mexico Beach to N 36th Street, right onto Water Dr (East). House is at the end of the street on the left.

Heating & Cooling

  • Cooling Type: Electric, Multi-Units
  • Heating Type: Electric, Multi Units

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected, Water Connected

Structural Information

  • Architectural Style: 2+ Story, Custom
  • Construction Status: Construction Complete
  • Exterior Const.: Frame, HardiPlank Type
  • Square Feet: 3,045
  • Living Area: 3,045 Sq. Ft.
  • Year Built: 2022

Unit Information

  • Occupancy Rate: Owner

Lot Features

  • Lot Dimensions: irregular
  • Lot Features: Boating Access, Dead End, Easements, Irregular Lot, Survey Available, Water View, Within 1/2 Mile of Water
  • Fencing (Description): Back Yard, Wood

Water Features

  • Water Front: Yes
  • Water View: Yes

Disclosures and Reports

  • Legal Description: MEXICO BEACH UNIT # 8 PART OF LOTS 5 & 6 BLK 6 A/K/A COM AT THE SE COR LOT 4 BLK 6 MB U#8 TH NELY 146', SELY 10.13' FOR POB TH NELY 126.59', SELY 44.88', NELY 12.09', SELY, 5.01', SELY 31.36', SELY 30.49' TO ROW TH SWLY 87.31', SWLY 77.24', TO POB SU
  • Exclusions: hot tub, grill, furniture, outdoor container/flower pots, garage fridge
  • Flood Zone Info: AE
  • Property ID: 04788-020-000

Listed by Marquardt Realty, Inc.

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Listing agent

— 209 Water Dr —

  • Marquardt Realty, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 209 Water Dr

School District:Bay County School District
NameGradesDistance
Tyndall Elementary School
7800 Tyndall Pkwy, Tyndall Air Force Base, FL 32403
PK-814.4 mi
Rutherford High School
1000 School Avenue, Panama City, FL 32401
6-818.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 209 Water Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/22/2026
Listed
$2,995,000
181966.87%
MLS
7/31/2020
Sold
$1,645
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 209 Water Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,529
—
$752,009
3%
2024
$11,515
1%
$730,815
3%
2023
$11,443
200%
$709,529
226%
2021
$3,814
-10%
$217,795
-24%
2022
$4,243
11%
$285,025
-7%
2021
$3,814
53%
$305,854
129%
2019
$2,491
-35%
$133,829
-38%
2018
$3,851
8%
$216,810
-1%
2017
$3,566
-2%
$217,920
-1%
2016
$3,624
—
$219,030
1%
2015
$3,629
9%
$217,023
9%
2014
$3,334
5%
$198,380
-2%
2013
$3,164
—
$202,385
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Marquardt Realty, Inc.

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209 Water Dr, Mexico Beach, FL 32456 (MLS# 328120) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 209 Water Dr is currently listed for $2,995,000 and was received on April 22, 2026. Want to learn more about 209 Water Dr? Do you have questions about finding other Single Family real estate for sale in Mexico Beach? You can browse all Mexico Beach real estate or contact a Coldwell Banker agent to request more information.

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