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$725,000 Just Listed
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Property Description
?? Turnkey Income-Producing Beach Home - 402 California Dr, Mexico Beach, FL ?? Welcome to 402 California Dr, a 4-bedroom, 2.5-bathroom coastal retreat just minutes from the gorgeous white sands of Mexico Beach! With 1,766 square feet of living space, this beautifully maintained home is a rare opportunity to own a full-time income-producing property with consistent positive cash flow. Currently operating as a successful short-term rental, this home comes fully furnished and is professionally managed-offering seamless ownership and reliable returns. Whether you're an investor looking to grow your portfolio or a beach lover wanting a getaway that pays for itself, this property delivers. The spacious open floor plan includes a modern kitchen with updated appliances, a bright living area, and four well-sized bedrooms ideal for hosting large families or groups. Outside, you'll find a generous yard perfect for entertaining, relaxing, or future enhancements. Located in a short-term rental friendly area with no HOA, it's just a golf cart ride away from the beach, local dining, and shopping. ? Property Highlights: 4 Bedrooms | 2.5 Bathrooms | 1,766 Sq Ft Fully furnished and rental-ready Proven positive cash flow with solid rental history Modern kitchen and coastal-inspired finishes Spacious yard with potential for outdoor upgrades No HOA and located in a high-demand rental zone Easy access to the beach, restaurants, and shops Whether you're looking to invest or nest, 402 California Dr is the beachside opportunity you've been waiting for. Contact The Joe Real Estate Group today for rental financials or to schedule your private tour!
Full Property Details
Full Property Details for 402 California Dr
General
- Price: $725,000
- Status: Active
- Type: Lots/Land
- Source: 933
- MLS ID: 325018
- Updated: 1/16/2026
- Added to Site: 1 day(s) ago
Location
- Area: Mexico/St. Joe Beach
- Subdivision: No Named Subdivision
- Driving Directions: Hwy 98 to left on 386. Left on 15th Street. To left on California home will be on the left.
Utilities
- Utility Description: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Lot Features
- Lot Dimensions: .247
- Lot Features: Cleared, RV Pad
Disclosures and Reports
- Legal Description: MEXICO BEACH UNIT 14 236A2 LOT 4 BLK E ORB 4774 P 1021
- Restrictions: Recorded Plot
- Property ID: 04973-419-004
Listed by The Joe Real Estate Partners
Get Pre-Approved Today
Schools
Schools serving 402 California Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tyndall Elementary School 7800 Tyndall Pkwy, Tyndall Air Force Base, FL 32403 | PK-8 | 16.1 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 20.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 402 California Dr
Date
Details
Price
Change
Source
1/16/2026
Listed
$725,000
11.54%
MLS
2/15/2024
Sold
$650,000
—
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 402 California Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,835
383%
$531,806
398%
2023
$1,831
99%
$106,800
100%
2021
$920
-8%
$53,400
-18%
2022
$998
8%
$64,970
33%
2021
$920
14%
$48,950
14%
2019
$805
13%
$43,076
10%
2018
$712
22%
$39,160
10%
2017
$583
7%
$35,600
8%
2016
$545
—
$32,930
—
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 402 California Dr
402 California Dr, Mexico Beach, FL 32456 (MLS# 325018) is a Lots/Land property with a lot size of acres. 402 California Dr is currently listed for $725,000 and was received on January 16, 2026. Want to learn more about 402 California Dr? Do you have questions about finding other Lots/Land 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.

