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$674,999 -$24,001 (-3.43%) Price Reduced
Property Description
2BR + Bunk Room | 2.5BA | Gulf Views | No HOA | STR-Permitted | Built 2021 | ~325 Feet to Beach Now priced under $675,000, this 2021-built Mexico Beach property offers a combination that's increasingly hard to find: Gulf views, short-term rental flexibility, and no HOA restrictions, all within an easy, approximately one-minute walk to the beach. No elevators, no long walks to parking, and no additional association fees. Just a direct path to the sand and a setup that feels simple, functional, and easy to enjoy. The layout includes two bedrooms, an enclosed bunk room, and 2.5 bathrooms, comfortably accommodating up to 8 guests. Two oversized balconies provide Gulf views and outdoor living space. At the same time, the open-concept main level is centered around a large kitchen island with seating, modern finishes, and a layout designed for gathering, hosting, or extended stays. The primary suite offers direct balcony access, a double vanity, and a walk-in shower, creating a private retreat separate from guest areas. Built to current Florida coastal construction standards, the home includes impact-rated windows and sliding glass doors, elevated construction, a durable roof system designed for coastal conditions, covered parking, an outdoor shower, and dedicated storage for beach gear. Short-term rentals are permitted, and there are no HOA fees or rental restrictions, offering flexibility that's increasingly difficult to find along the Gulf. The property has demonstrated strong guest performance, reflected in consistent five-star reviews and an exceptional 9.8/10 rating on VRBO, with guests highlighting the layout, proximity to the beach, and overall experience, valuable insight for buyers evaluating rental potential. Insurance costs have been competitive for a Gulf-area property of this age and construction, which can make a meaningful difference when comparing overall ownership costs. Mexico Beach is known for its uncrowded shoreline, low-density feel, and slower pace compared to nearby coastal markets. With close access to the Mexico Beach Marina, Cape San Blas, St. Joseph Bay, and Port St. Joe, the area continues to attract buyers seeking a more relaxed coastal experience. For buyers comparing Gulf-view condos with HOA fees, older construction, or limited rental flexibility, this offers a different option, one that's newer, easier to manage, and already positioned and proven for both personal use and rental performance. If you've been watching the market and waiting for the right combination of location, condition, and flexibility at a more accessible price point, this is worth a closer look.
Full Property Details
Full Property Details for 2501 Hwy 98 #UNIT C
General
- Price: $674,999
- Taxes: $9,647 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1000615
- Updated: 4/14/2026
- Added to Site: 2 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Carport Spaces: 2
- Parking Features: Carport, Covered
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: MEXICO BEACH UNIT 04
- Driving Directions: Property is located on the south side of Hwy 98 at Mexico Beach.
School Information
- Elementary School: St. Joe
- Middle School: St. Joe
- High School: St. Joe
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Phone, Public Water, TV Cable
Structural Information
- Architectural Style: Beach House
- Stories/Levels: 3
- Square Feet: 1,440
- Sq. Ft. Source: County PA Records
- Year Built: 2021
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,306.8
- Lot Dimensions: 20’ x 75’
- Zoning: Resid Multi-Family
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $9,647.01
- Tax Year: 2025
Disclosures and Reports
- Legal Description: MEXICO BCH UNIT 4 (8.03) 235C2 COM AT NE COR LOT 8 SWLY 75' NWLY 51.39' FOR POB TH CONT NWLY 20.07' NELY 74.91' SELY 20.13' SWLY 74.94'TO POB BEING PART LOT 8 AKA UNIT #C BLK S ORB 4675 P 1769
- APN: 04610-030-000
- Property ID: 04610-030-000
Listed by Compass and ECN - Unknown Office
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Schools
Schools serving 2501 Hwy 98 #UNIT C
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tyndall Elementary School 7800 Tyndall Pkwy, Tyndall Air Force Base, FL 32403 | PK-8 | 15 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 19.3 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 2501 Hwy 98 #UNIT C
Date
Details
Price
Change
Source
4/14/2026
Listed
$674,999
-1.46%
MLS
3/31/2023
Sold
$685,000
—
Public Record
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
Tax History for 2501 Hwy 98 #UNIT C
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,647
-2%
$593,885
1%
2024
$9,837
48%
$588,357
49%
2023
$6,664
525%
$396,110
550%
2021
$1,067
-82%
$60,900
-83%
2022
$5,837
447%
$350,219
391%
2021
$1,067
-19%
$71,340
1%
2019
$1,318
-62%
$70,800
-63%
2018
$3,445
15%
$191,663
3%
2017
$2,989
10%
$185,498
13%
2016
$2,721
-1%
$164,438
—
2015
$2,741
—
$163,927
1%
2014
$2,736
6%
$162,790
-1%
2013
$2,579
—
$164,994
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2501 Hwy 98 #UNIT C
2501 Highway 98 #UNIT C, Mexico Beach, FL 32456 (MLS# 1000615) is a Single Family property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 2501 Highway 98 #UNIT C is currently listed for $674,999 and was received on April 14, 2026. Want to learn more about 2501 Highway 98 #UNIT C? 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.
