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412 California Avenue

Mexico Beach, FL 32456
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Bed 2

Bed

Bath 2

Bath

Acres0.24

Acre(Lot)

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 equi pped 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.

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Detail Ic Property Details

Property Type : Residential

Price : $420,000

AD Id : 88108619

MLS Id : 792743

Beds : 2

Lot Size : 0.24 Acre

Year Built : 1991

County : Bay

Subdivision: No Named Subdivision

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Map

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 3

    Roofing Information

    Metal
  • Interior Features

    Intercom, SeeRemarks, TubShower
    Roof: Metal
    Appliances: ElectricCooktop, ElectricOven
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Fireplaces, VariesByUnit Has Cooling: Yes Cooling: CentralAir, CeilingFans, WindowUnits, WallUnits

  • Building Information

    Year Built: 1991
    Building Area Total: 1130
    Construction Materials: VinylSiding
    Stories: 2
    Patio And Porch Features: Deck, Covered, Patio
    Private Pool: No
  • Exterior Features

    Exterior Features: Deck, Patio, OutdoorShower

  • Lot Information

    Lot Dimensions: 100.0 ft x 108.0 ft Main Square Feet: 0.24 Lot Size Acres: 0.24 Lot Size Square Feet: 10,454 Lot Description: Paved

    Property Information

    Subdivision: No Named Subdivision Source Property Type: Residential MLS Area Minor: 0517 - Bay East - Mexico Beach Zoning Description: Resid Single Family Property SubType: Single Family Residence Levels: Two Property Age: 35

  • Listing Price Information

    Listing Price: $420000

  • Tax Information

    Parcel Number: 04973-430-000 Tax Year: 2025 Annual Tax: $2467 Tax Legal Desc: MEXICO BEACH UNIT 14 236A2 LOT 14 BLK E ORB 4494 P 921

  • Utility Information

    ElectricityAvailable
  • Location Information

    Direction: 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.
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ByOwner last updated this listing 07/22/2026 @ 11:11

MLS: 792743 LISTED BY: Denise Vickers, Keller Williams Success Realty 850-249-0313 SOURCE: CPAR

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