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$420,000
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Property Description
TWO FOR THE PRICE OF ONE! This property is equal parts investment and enjoyment. Welcome to 412 California Avenue--a rare opportunity in the heart of Mexico Beach offering two completely separate living spaces under one roof. Whether you're looking for a primary residence with rental income, a beach retreat for extended family, or an investment property with short or long-term rental potential, this one checks all the boxes. A local vacation rental management company conservatively estimates average annual gross rental income at approximately $15,000 for the combined units. On the long-term rental market, each unit can command approximately $1,400/month. Located in desirable Flood Zone X--where flood insurance is not typically required by lenders--this home features a fully equipped upper residence with an open-concept living area, kitchen, spacious bedroom, full bath and soaring wood-accented ceilings that create a warm coastal retreat. The lower level is completely independent with its own private entrance, kitchenette, living area, bedroom and full bath, making it ideal for guests, multi-generational living or generating rental income while maintaining privacy for everyone. Outside, the Mexico Beach lifestyle truly comes to life. Start your mornings with coffee on the expansive upper deck, spend afternoons relaxing beneath the covered patio, and enjoy the beautifully landscaped yard filled with mature palms and plenty of room to entertain. The detached shed/workshop provides exceptional storage for beach gear, fishing equipment and all the toys that come with living at the beach. Best of all, you're just a short golf cart ride or bike ride from Mexico Beach's sugar-white sand, Gulf waters, locally owned restaurants, marina, parks and unforgettable sunsets. Being sold mostly furnished, this is a turnkey opportunity to begin enjoying the Forgotten Coast lifestyle from day one--whether you're moving in full-time, creating a family beach getaway or adding a versatile income-producing property to your portfolio.
Full Property Details
Full Property Details for 412 California Dr
General
- Price: $420,000
- Taxes: $2,467 (2025)
- Status: Active
- Type: Single Family
- Source: 933
- MLS ID: 329148
- Updated: 8/6/2026
- Added to Site: 20 day(s) ago
Interior
- Interior Features: See Remarks, Storage, Washer/Dryer Hookup, Window Treatment All
- Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Freezer, Microwave, Refrigerator, Washer
- Furnishings: Furnished
- Flooring: Luxury Vinyl, Terrazzo
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Landscaped
- Porch/Patio/Deck: Covered Patio, Deck
Parking
- Parking Features: Driveway
Location
- Area: Mexico/St. Joe Beach
- Subdivision: No Named Subdivision
- Driving Directions: From Panama City, take Highway 98 East. In Mexico Beach, turn left on 15th Street. Turn right on California Ave. House will be on left. Look for realtor sign.
Heating & Cooling
- Cooling Type: Central Air, Window/Wall Unit(s)
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Internet Available, Natural Gas Available, Sewer Connected, Water Connected
Structural Information
- Architectural Style: 2+ Story, Beach House
- Construction Status: Construction Complete
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Stories/Levels: 2
- Square Feet: 1,130
- Living Area: 1,130 Sq. Ft.
- Year Built: 1991
Unit Information
- Occupancy Rate: Vacant
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Dimensions: 100 x 108
- Lot Features: Within 1/2 Mile of Water
Financial Considerations
- Tax Amount: $2,467
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: As Is
- Legal Description: MEXICO BEACH UNIT 14 236A2 LOT 14 BLK E ORB 4494 P 921
- Flood Zone Info: X
- Property ID: 04973-430-000
- Block/Lot/Section: 14/E/14
Listed by Keller Williams Success Realty
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Price & Sales History for 412 California Dr
Date
Details
Price
Change
Source
8/05/2026
Listed
$420,000
—
MLS
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 412 California Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,449
—
$199,143
3%
2024
$2,449
1%
$193,531
3%
2023
$2,415
2%
$187,894
6%
2021
$2,363
1%
$177,108
-3%
2022
$2,336
-1%
$182,421
-2%
2021
$2,363
-30%
$185,638
2%
2019
$3,391
26%
$182,148
26%
2018
$2,694
19%
$145,075
5%
2017
$2,264
191%
$138,386
50%
2016
$778
-10%
$92,217
-5%
2015
$868
1%
$96,569
1%
2014
$858
5%
$95,803
-1%
2013
$819
—
$96,584
—
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 412 California Dr
412 California Dr, Mexico Beach, FL 32456 (MLS# 329148) is a Single Family property with 2 bedrooms and 2 full bathrooms. 412 California Dr is currently listed for $420,000 and was received on August 05, 2026. Want to learn more about 412 California 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.
