364 Salt Creek Ln · Mexico Beach, FL 32456

$278,000

3 bd · 2.5 ba · 1,490 sqft · SingleFamily · 42 Days on market

Built 2024 1,786 sqft lot $81/mo HOA · 4% of rent ↓ 32% since listing

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +7.5/15.0
• Cash flow +7.2/30.0
• Schools +4.3/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0
• DSCR +1.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

Key facts

• Luxury evp flooring
• Modern coastal style
• Townhome community

Tags

• TOWNHOME COMMUNITY
• MODERN COASTAL STYLE
• LOW-MAINTENANCE LIVING
• HARDIE BOARD EXTERIORS
• 30-YEAR DIMENSIONAL SHINGLES
• LUXURY EVP FLOORING

Property features AI

Finance

• Other: Subdivision: Salt Creek at Mexico Beach
• HOA & community: Homeowners association with quarterly fee; Association fee includes grounds maintenance

Exterior

• Parking: Attached driveway; 2 parking spaces
• Security: Security system; Smoke detectors
• Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected; Cable available; Phone available
• Home design: Townhouse (attached single family); 2 stories; New construction; Level interior lot
• Construction: Frame construction with HardiPlank-type siding; Shingle/composition roof; Slab foundation; Built as new construction
• Exterior features: Covered rear porch; Porch

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Refrigerator
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air; Electric cooling; Ceiling fan(s)
• Interior features: Kitchen island; Pantry; Walk-in closets; Double-pane windows

🏗️ New construction. The $278,000 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $289,681.

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $278k.

Deal economics

• At list price, monthly cash flow is $-396 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $220k (20.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $212k (23.8% below list).
• Recommended offer: $212k (23.8% below list) — sets the bar for 1% rule.
• Cap rate 4.7% vs local median 1.0% in Mexico Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 66/100 on livability (#627 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+; Watch: schools F, amenities F, commute F.
• Bay (suburban): math 51% / reading 51% proficiency, ranked #29 of 73 in FL (top 40%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 1035 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 2,473 units permitted in Bay County in 2024 (559 in 5+ unit buildings).
• This rent runs 39% of the median local income ($65k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Bay County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($270k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $211,721 (23.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.73% ✗
• Cap rate: 4.65%
• Cash-on-cash: -5.85%
• DSCR: 0.74
• GRM: 11.4

CMA / ARV

• ARV (median comp): $289,681
• List price: $278,000
• Delta: -4.03%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
256 Salt Creek Ln	0.03mi	3/2.5	1,460 (-2%)	3mo	$269,900	$185	93
239 Salt Creek Ln	0.04mi	3/2.5	1,460 (-2%)	3mo	$274,900	$188	92
243 Salt Creek Ln	0.04mi	3/2.5	1,460 (-2%)	4mo	$280,000	$192	92
231 Salt Creek Ln	0.04mi	3/2.5	1,460 (-2%)	4mo	$276,000	$189	91
260 Salt Creek Ln	0.03mi	3/2.5	1,460 (-2%)	5mo	$274,900	$188	91
264 Salt Creek Ln	0.04mi	3/2.5	1,460 (-2%)	5mo	$274,900	$188	91
247 Salt Creek Ln	0.04mi	3/2.5	1,460 (-2%)	5mo	$274,900	$188	91
267 Salt Creek Ln	0.05mi	3/2.5	1,460 (-2%)	8mo	$269,900	$185	88
477 Salt Creek Ln #3	0.06mi	3/2.0	1,526 (+2%)	4mo	$364,990	$239	88
436 Salt Creek Ln	0.04mi	3/2.0	1,516 (+2%)	8mo	$355,990	$235	87
436 Salt Creek Ln #27	0.06mi	3/2.0	1,526 (+2%)	8mo	$355,990	$233	85
252 Salt Creek Ln	0.03mi	4/2.5 (+1)	1,710 (+15%)	3mo	$329,900	$193	67

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -26.3%
• Equity multiple: 0.11×
• Total profit: $-72,058
• Equity at exit: $43,192

10-year hold

• IRR: -23.2%
• Equity multiple: -0.17×
• Total profit: $-94,889
• Equity at exit: $25,046

Cash invested: $81,111 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32456

• Home prices YoY: -21.3%
• Active inventory: 1035
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $2,117 medium
• Mortgage (P&I): −$1,519
• Tax from tax record: −$347 /mo · $4,167/yr
• Insurance: −$121
• HOA: −$81
• Vacancy / Maint / Mgmt: −$445
• Net cashflow: $-396

Break-even live

Break-even rent $2,618

Max offer price $219,812

Occupancy floor —

Sensitivity live

Price	-10% $-232	-5% $-314	+0% $-396	+5% $-478	+10% $-559
Rent	-10% $-563	-5% $-479	+0% $-396	+5% $-312	+10% $-228
Rate	-1.0pp $-250	-0.5pp $-322	base $-396	+0.5pp $-471	+1.0pp $-547

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $72,420
• Closing costs: $8,690
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
264 Salt Creek Ln Port Saint Joe, FL	3.0	2.5	1533	$2,300	$1.50	15d	1	0.00mi
260 Salt Creek Ln Port Saint Joe, FL	3.0	2.5	1460	$2,300	$1.58	15d	1	0.01mi
231 Salt Creek Ln Port Saint Joe, FL	3.0	2.5	1460	$2,100	$1.44	15d	1	0.02mi
155 Town Village Blvd Mexico Beach, FL	1.0–3.0	1.0–2.0	1121	$2,085	$1.86	15d	9	0.14mi

HOA detail

• Monthly dues: $81 · $972/yr
• Likely covers: watersecurity

Listing history 41 events

1. 2026-06-21
   days on market $278,000 Active 42 DOM
2. 2026-06-19
   days on market $278,000 Active 40 DOM
3. 2026-06-18
   days on market $278,000 Active 39 DOM
4. 2026-06-17
   days on market $278,000 Active 38 DOM
5. 2026-06-16
   days on market $278,000 Active 37 DOM
6. 2026-06-15
   days on market $278,000 Active 36 DOM
7. 2026-06-14
   days on market $278,000 Active 34 DOM
8. 2026-06-13
   days on market $278,000 Active 33 DOM
9. 2026-06-10
   days on market $278,000 Active 31 DOM
10. 2026-06-09
    days on market $278,000 Active 30 DOM
11. 2026-06-08
    days on market $278,000 Active 29 DOM
12. 2026-06-07
    days on market $278,000 Active 28 DOM
13. 2026-06-05
    days on market $278,000 Active 25 DOM
14. 2026-06-03
    days on market $278,000 Active 24 DOM
15. 2026-06-02
    days on market $278,000 Active 23 DOM
16. 2026-06-01
    days on market $278,000 Active 22 DOM
17. 2026-05-31
    days on market $278,000 Active 21 DOM
18. 2026-05-30
    days on market $278,000 Active 20 DOM
19. 2026-05-09
    listed $292,000 Active 1499-char remark
20. 2024-11-22
    historical $2,100
21. 2024-10-30
    listed $2,100
22. 2024-10-21
    historical $2,100
23. 2024-10-18
    price $2,100
24. 2024-09-18
    listed $2,200
25. 2024-07-29
    status Pending 1364-char remark

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

26. 2024-07-26
    soldstatus $291,925 Closed 1364-char remark

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

27. 2024-07-26
    soldstatus $291,925 Closed

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

28. 2024-06-21
    price $301,925 1364-char remark

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

29. 2024-06-21
    price $301,925

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

30. 2024-06-17
    price $311,925

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

31. 2024-06-17
    price $311,925 1364-char remark

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

32. 2024-05-13
    price $321,925

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

33. 2024-05-13
    price $321,925 1364-char remark

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

34. 2024-05-01
    price $398,610 1364-char remark

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

35. 2024-05-01
    price $398,610

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

36. 2024-04-04
    price $396,585

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

37. 2024-04-04
    price $396,585 1364-char remark

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

38. 2024-03-29
    price $399,900 1364-char remark

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

39. 2024-03-29
    price $399,900

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

40. 2024-02-20
    listed $406,585 Active

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

41. 2024-02-12
    listed $406,585 Active 1364-char remark

    Show marketing remark (1364 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. This community is nestled on the eastern edge of Bay County. This is a 3 bedroom and 2.5-bathroom townhome. On the outside of these units, you will see quality Color-Plus Hardie Board exteriors, complemented by prairie-style doors and 30-year dimensional shingles. Convenience meets security with steel garage doors equipped with openers, weatherproof outlets, hose bibs, and Kwikset deadbolts on all exterior doors. As you enter inside, you will feel right at home with beautiful EVP flooring at your feet, leading you to the open living room and kitchen or the spacious upstairs. In the kitchen and bathrooms, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances. Stay cool at the beach with energy-efficient cooling and heating systems, Low-E insulated windows with screens, and water-saving elongated commodes. For added security, every home comes equipped with a Safe Haven Surveillance system, Skybell doorbell, Honeywell thermostat, and DEAKO Smart Switches. A one-year builder's warranty and a ten-year structural warranty is included. Escape the hustle and bustle with a peaceful community atmosphere free from heavy traffic and short-term rentals. Welcome to Salt Creek - where coastal living meets modern comfort.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $4,167 · $347/mo
• Projected year-2 tax: $4,167 · $347/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $25,407
• − Mortgage interest: −$16,227
• − Property taxes: −$4,167
• − Insurance: −$1,448
• − Repairs & maintenance: −$2,033
• − Management: −$2,033
• − HOA: −$972
• − Depreciation: −$8,427
• Taxable loss: −$9,900
• Est. tax savings @ 24.0%: +$2,376
• After-tax cash flow: $-2,370/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Bay
• NCES district ID: 1200090
• Math proficiency: 51% ▼ -8.00%
• Reading proficiency: 51% ▼ -7.00%
• Median HH income: $47,740
• Composite: 43.41/100
• National rank: #3014
• State rank: #29 of 73 in FL

Livability — Mexico Beach

• Score: 66/100
• State rank: #627
• US rank: #12224

Category grades

Amenities F Commute F Cost of living C+ Crime A+ Employment C Housing A+ Health & safety F User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Mexico Beach, FL
• County: Gulf County · 7,510 people
• Metro: Panama City, FL
• Population (ZIP): 7,510
• Household income: $64,681
• Rent vs Own: 17.9% rent · 82.1% own
• Severe rent burden: 194.0

Population outlook (Bay County) Hauer SSP2

• Today (2025): 206,264 people
• By 2030: 217,740 · +5.6%
• By 2040: 238,738 · +15.7%
• By 2050: 255,545 · +23.9%
• By 2075: 288,295 · +39.8%
• By 2100: 288,638 · +39.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Black 5% Two or more races 5% Hispanic / Latino 3%
• Common ancestry: Slovak 5% Lithuanian 2% Italian 1%
• Foreign-born: 4% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Bay

• 2024 margin: Solid R (+47.4) · D 25.8% · R 73.1% · Other 1.1%
• 2008→2024 swing: -6.6pp toward R · 2008: -40.7pp · 2024: -47.4pp
• All cycles: 2024: R+47.4 2020: R+43.5 2016: R+46.3 2012: R+43.6 2008: R+40.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -107.36%
• Current HPI: 396.0936
• Rent YoY: —
• Metro: Panama City, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-31.6% since first listed

25 events — show timeline

• 2026-05-27 Price Changed $278,000 RAFGC
• 2026-05-27 Price Changed $288,000 RAFGC
• 2026-05-09 Listed $292,000 RAFGC
• 2024-11-22 Rental Removed $2,100 Avail
• 2024-10-30 Listed for Rent $2,100 Avail
• 2024-10-21 Rental Removed $2,100 Avail
• 2024-10-18 Price Changed $2,100 Avail
• 2024-09-18 Listed for Rent $2,200 Avail
• 2024-07-29 Pending — CPARMLS
• 2024-07-26 Sold (MLS) $291,925 RAFGC
• 2024-07-26 Sold (MLS) $291,925 CPARMLS
• 2024-06-21 Price Changed $301,925 CPARMLS
• 2024-06-21 Price Changed $301,925 RAFGC
• 2024-06-17 Price Changed $311,925 RAFGC
• 2024-06-17 Price Changed $311,925 CPARMLS
• 2024-05-13 Price Changed $321,925 RAFGC
• 2024-05-13 Price Changed $321,925 CPARMLS
• 2024-05-01 Price Changed $398,610 CPARMLS
• 2024-05-01 Price Changed $398,610 RAFGC
• 2024-04-04 Price Changed $396,585 RAFGC
• 2024-04-04 Price Changed $396,585 CPARMLS
• 2024-03-29 Price Changed $399,900 CPARMLS
• 2024-03-29 Price Changed $399,900 RAFGC
• 2024-02-20 Listed $406,585 RAFGC
• 2024-02-12 Listed $406,585 CPARMLS

Property tax history

+4999.1%/yr

Latest (2025): $4,167 · +4999.1% YoY. Source: county tax records.