402 California Dr, Mexico Beach, FL, 32456
About This Home
?? 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!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Construction Complete
- Year built: 2024
Materials
- Roof: Metal
- Construction materials: HardiPlank Type
Type & Style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal
- Laundry features: Washer/Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Kitchen Island,Pantry,Shelving
Interior Area
- Total structure area: 2,345
- Total interior livable area: 2,345 sqft
Property
Details
- Parcel number: 04973419004
- Zoning description: City
Lot
- Lot size: 10,759 sqft
- Features: Level
- Lot size dimensions: .247
Parking
- Total spaces: 2
- Parking features: Driveway,Garage Attached
- Has garage: Yes
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Coastal Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,539 | $42,468 |
| Home Insurance * | $311 | $3,732 |
| Property Taxes | $965 | $11,580 |
| Electricity | $235 | $2,831 |
| Total | $5,050 | $60,600 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Price change | $709,000 |
| 2026-01-16 | Listed for sale | $725,000 |
| 2026-01-01 | Listing removed | $725,000 |
| 2025-07-26 | Listed for sale | $725,000 |
| 2024-02-16 | Sold | $650,000 |
| 2024-01-20 | Contingent | $675,000 |
| 2023-12-08 | Listed for sale | $675,000 |
| 2023-11-27 | Listing removed | $675,000 |
| 2023-11-22 | Price change | $675,000 |
| 2023-11-11 | Price change | $680,000 |
| 2023-10-23 | Price change | $699,900 |
| 2023-10-04 | Price change | $715,000 |
| 2023-09-28 | Price change | $719,000 |
| 2023-09-20 | Price change | $719,500 |
| 2023-08-11 | Price change | $719,000 |
| 2023-07-15 | Price change | $724,900 |
| 2023-06-05 | Price change | $744,900 |
| 2023-04-20 | Listed for sale | $745,000 |
| 2022-01-18 | Sold | $95,000 |
| 2021-12-20 | Contingent | $99,900 |
| 2021-12-17 | Listed for sale | $99,900 |
| 2016-11-04 | Sold | $50,000 |
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