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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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1016 15th Street 5a , Mexico Beach, FL 32456
$289,000
Est. Payment: $1,465.75/mo
3 Bed
2 Bath
1320 Sqft
Status: active | Days on site: 4
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Turn-Key Townhome | Short-Term Rentals Allowed | Fully Furnished Welcome to The Palms, one of Mexico Beach's most sought-after townhome communities. This 3-bedroom, 2-bath residence offers an exceptional opportunity for short-term rental income, a second home, or full-time coastal living & all just a short golf-cart ride or easy half-mile walk to the beach. The main level features a bright, open-concept living and dining area, ideal for entertaining or relaxing after a day on the Gulf. The primary suite is conveniently located on the first floor, providing comfort and privacy. Upstairs, two additional bedrooms and a full bath offer flexible accommodations for guests or renters. This home is being sold fully furnished and rental-ready, making it an easy, turn-key investment. Owners and guests enjoy access to the community pool and well-maintained grounds, enhancing the laid-back beach lifestyle. With short-term rentals allowed, low HOA dues, this property represents one of the best values in Mexico Beach for investors or buyers seeking a coastal getaway with income potential. Whether you're looking to generate rental income, enjoy weekend escapes, or settle into full-time beach living, 1016 15th St #5A delivers lifestyle, flexibility, and value.

Highlights

Listed by Carol E Erwin , 850-819-1205 Forgotten Coast Realty of NW Florida LLC , 850-648-3000. Bay County Association of REALTORS

Property Type

Condo/Townhome

Lot/Acreage
0.02

HOA Fee

Year Built

2005

County

Bay

Area

05 - Bay County - East

Neighborhood

The Palms

Listing ID

791918

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Electric Oven, Electric Water Heater
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • Additional:Main Level Primary, Walk-In Closet(s)

Exterior Features

Lot:Paved
Lot Dimensions:24 x 55
Zoning:City
Roof:Composition,Shingle
Others:
  • Additional:Patio
Sewer:Public Sewer
Principal Interest
$1,466
Taxes
$184
HOA
$0

Home Price

$289,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$57,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,465.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,465.75 $184.24 $0.00 $1,649.99
Yearly $17,589.04 $2,210.85 $0.00 $19,799.89
Total $527,671.25 $66,325.50 $0.00 $593,996.75

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Mexico Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS