373 Salt Creek Ln · Mexico Beach, FL 32410

$391,900

4 bd · 2.5 ba · 1,710 sqft · SingleFamily · 821 Days on market

Built 2024 $229/sqft · 35% below area Est $601k · 35% under

---

Why this score? — see what drove the D- 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 +15.0/15.0
• Cash flow +5.4/30.0
• Appreciation +5.0/10.0
• Schools +4.3/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +0.7/10.0
• DSCR +0.0/10.0

Listing remarks MLS

Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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

• 2 garage spots
• Built 2024
• Listed 821 days

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $392k.

Deal economics

• At list price, monthly cash flow is $-859 ($-10k/yr) — negative.
• To cash-flow at today's rent, offer at most $240k (38.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $222k (43.4% below list).
• Recommended offer: $222k (43.4% below list) — sets the bar for 1% rule.
• Cap rate 3.7% 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: 22 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 2,473 units permitted in Bay County in 2024 (559 in 5+ unit buildings).

Forward outlook

• In year one you build about $14k of equity ($3k loan paydown + $12k appreciation (3.0% local appreciation)).
• Bay County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 3, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 821 days — a 12% lower offer ($345k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 2y ago; this cycle's ask has dropped $56k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $221,712 (43.4% 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 821 days. Have you received any prior offers? Is the seller open to a 43% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 0.57% ✗
• Cap rate: 3.66%
• Cash-on-cash: -9.39%
• DSCR: 0.58
• GRM: 14.7

CMA / ARV

• ARV (median comp): $600,551
• List price: $391,900
• Delta: -34.74%
• Verdict: UNDERPRICED
• Comps: 10 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
272 Salt Creek Ln	0.07mi	4/2.5	1,710 (0%)	9mo	$349,900	$205	89
235 Salt Creek Ln	0.07mi	4/2.5	1,710 (0%)	12mo	$368,496	$215	87
436 Salt Creek Ln	0.04mi	3/2.0 (-1)	1,516 (-11%)	8mo	$355,990	$235	66

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: -1.2%
• Equity multiple: 0.93×
• Total profit: $-7,516
• Equity at exit: $176,215

10-year hold

• IRR: 2.9%
• Equity multiple: 1.45×
• Total profit: $49,928
• Equity at exit: $271,569

Cash invested: $109,732 (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 32410

• Active inventory: 22
• Price-to-rent: 14.7×

Monthly cashflow live

• Estimated rent: $2,217 medium
• Mortgage (P&I): −$2,055
• Tax from tax record: −$392 /mo · $4,703/yr
• Insurance: −$163
• HOA: −$0
• Vacancy / Maint / Mgmt: −$466
• Net cashflow: $-859

Break-even live

Break-even rent $3,304

Max offer price $240,185

Occupancy floor —

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: $97,975
• Closing costs: $11,757
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
260 Salt Creek Ln Port Saint Joe, FL	3.0	2.5	1460	$2,300	$1.58	13d	1	0.05mi
264 Salt Creek Ln Port Saint Joe, FL	3.0	2.5	1533	$2,300	$1.50	13d	1	0.06mi
231 Salt Creek Ln Port Saint Joe, FL	3.0	2.5	1460	$2,100	$1.44	13d	1	0.07mi
155 Town Village Blvd Mexico Beach, FL	1.0–3.0	1.0–2.0	1121	$2,085	$1.86	13d	9	0.19mi

Listing history 50 events

1. 2026-06-19
   days on market $391,900 Active 821 DOM
2. 2026-06-18
   days on market $391,900 Active 820 DOM
3. 2026-06-17
   days on market $391,900 Active 819 DOM
4. 2026-06-16
   days on market $391,900 Active 818 DOM
5. 2026-06-15
   days on market $391,900 Active 817 DOM
6. 2026-06-14
   days on market $391,900 Active 815 DOM
7. 2026-06-13
   days on market $391,900 Active 814 DOM
8. 2026-06-10
   days on market $391,900 Active 812 DOM
9. 2026-06-09
   days on market $391,900 Active 811 DOM
10. 2026-06-08
    days on market $391,900 Active 810 DOM
11. 2026-06-07
    days on market $391,900 Active 809 DOM
12. 2026-06-05
    days on market $391,900 Active 806 DOM
13. 2026-06-03
    days on market $391,900 Active 805 DOM
14. 2026-06-02
    days on market $391,900 Active 804 DOM
15. 2026-06-01
    days on market $391,900 Active 803 DOM
16. 2026-05-31
    days on market $391,900 Active 802 DOM
17. 2026-05-30
    days on market $391,900 Active 801 DOM
18. 2025-04-30
    soldstatus $383,925 Closed 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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.

19. 2025-04-30
    soldstatus $383,925 Closed 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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.

20. 2025-04-25
    status Pending 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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.

21. 2025-04-25
    status Pending 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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.

22. 2025-04-02
    price $393,925 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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.

23. 2025-03-01
    price $393,925 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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.

24. 2025-02-25
    price $374,900 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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.

25. 2025-02-25
    price $374,900 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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. 2025-01-27
    price $379,900 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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. 2025-01-27
    price $379,900 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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. 2025-01-07
    status Active 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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. 2024-12-31
    historical 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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. 2024-11-08
    price $393,925 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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. 2024-11-08
    price $393,925

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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. 2024-10-31
    price $391,900
33. 2024-10-30
    price $391,900 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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. 2024-10-04
    price $391,900
35. 2024-09-24
    price $393,925
36. 2024-09-21
    price $393,925
37. 2024-09-20
    price $393,925 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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. 2024-09-03
    price $391,925
39. 2024-09-03
    price $391,925
40. 2024-08-26
    price $391,925 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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. 2024-08-15
    status Active
42. 2024-08-15
    price $378,300
43. 2024-08-02
    historical
44. 2024-07-18
    price $376,925

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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.

45. 2024-07-18
    status Active 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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.

46. 2024-07-18
    price $376,925 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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.

47. 2024-06-18
    price $376,925
48. 2024-06-17
    status Pending 1363-char remark

    Show marketing remark (1363 chars)

    Introducing Salt Creek, the newest townhouse development in Mexico Beach. Nestled on the eastern edge of Bay County. This is a 4 bedroom, 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 bathroom, you will find gorgeous quartz countertops, white cabinets with brushed nickel hardware, and stainless-steel appliances in the kitchen. 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. Rest assured with a one-year builder's warranty and a ten-year structural warranty. 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.

49. 2024-05-29
    price $366,925
50. 2024-05-14
    price $364,900

ⓘ 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: $4,703 · $392/mo
• Projected year-2 tax: $4,703 · $392/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: $26,605
• − Mortgage interest: −$21,952
• − Property taxes: −$4,703
• − Insurance: −$1,960
• − Repairs & maintenance: −$2,128
• − Management: −$2,128
• − Depreciation: −$11,401
• Taxable loss: −$17,667
• Est. tax savings @ 24.0%: +$4,240
• After-tax cash flow: $-6,066/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
• Population (ZIP): 499

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 (94%)
• Race & ethnicity: White 94% Black 5% Two or more races 1%
• Common ancestry: Slovak 4% Lithuanian 2% Italian 1%
• Foreign-born: 4% · Canada
• Languages at home: 91% English-only · Spanish 6% Other Indo-European 3%

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: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• 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

-84.4% since first listed

42 events — show timeline

• 2025-04-30 Sold (MLS) $383,925 RAFGC
• 2025-04-30 Sold (MLS) $383,925 CPARMLS
• 2025-04-25 Pending — RAFGC
• 2025-04-25 Pending — CPARMLS
• 2025-04-02 Price Changed $393,925 RAFGC
• 2025-03-01 Price Changed $393,925 CPARMLS
• 2025-02-25 Price Changed $374,900 RAFGC
• 2025-02-25 Price Changed $374,900 CPARMLS
• 2025-01-27 Price Changed $379,900 RAFGC
• 2025-01-27 Price Changed $379,900 CPARMLS
• 2025-01-07 Relisted — CPARMLS
• 2024-12-31 Listing Removed — CPARMLS
• 2024-11-08 Price Changed $393,925 CPARMLS
• 2024-11-08 Price Changed $393,925 RAFGC
• 2024-10-31 Price Changed $391,900 RAFGC
• 2024-10-30 Price Changed $391,900 CPARMLS
• 2024-10-04 Price Changed $391,900 Zillow
• 2024-09-24 Price Changed $393,925 RAFGC
• 2024-09-21 Price Changed $393,925 Zillow
• 2024-09-20 Price Changed $393,925 CPARMLS
• 2024-09-03 Price Changed $391,925 RAFGC
• 2024-09-03 Price Changed $391,925 Zillow
• 2024-08-26 Price Changed $391,925 CPARMLS
• 2024-08-15 Price Changed $378,300 Zillow
• 2024-08-15 Relisted — Zillow
• 2024-08-02 Delisted — Zillow
• 2024-07-18 Price Changed $376,925 RAFGC
• 2024-07-18 Relisted — CPARMLS
• 2024-07-18 Price Changed $376,925 CPARMLS
• 2024-06-18 Price Changed $376,925 Zillow
• 2024-06-17 Pending — CPARMLS
• 2024-05-29 Price Changed $366,925 Zillow
• 2024-05-14 Price Changed $364,900 Zillow
• 2024-05-13 Price Changed $364,900 RAFGC
• 2024-05-13 Price Changed $364,900 CPARMLS
• 2024-04-02 Price Changed $439,900 Zillow
• 2024-03-29 Price Changed $439,900 CPARMLS
• 2024-03-29 Price Changed $439,900 RAFGC
• 2024-03-06 Listed $447,415 Zillow
• 2024-03-04 Listed $393,925 RAFGC
• 2024-03-04 Listed $447,415 CPARMLS
• 2023-07-06 Sold (Public Records) $2,458,098 Public Records

Property tax history

+5653.9%/yr

Latest (2025): $4,703 · +5653.9% YoY. Source: county tax records.