$548,000
235 Kim Kove, Mexico Beach, FL 32456
Turnkey 3BR/2BA Beach House — Walk to Mexico Beach & Park
3 Bed · 2 Bath · 1,897 Sq Ft
Updated, move-in ready coastal home a short walk to the Gulf.
3
Beds
2
Baths
1,897
Sq Ft
1979
Built
0.20 acres
Lot
No garage — off-street parking
Garage
About 235 Kim Kove
A short stroll from the sand, 235 Kim Kove is a thoughtfully updated coastal residence that blends comfortable daily living with strong vacation potential. This single-level beach house offers 3 bedrooms and 2 full baths across 1,897 square feet, refreshed with luxury vinyl plank floors and new paint throughout. The living area centers on a cozy fireplace and opens to a functional layout that makes entertaining effortless. The kitchen contains updated appliances and a layout designed for coastal living and easy cleanup after a day at the beach.
Major systems deliver peace of mind: the roof was replaced in 2021 and the home features a tankless water heater for steady hot water and improved efficiency. Outdoors, the generous 8,625 SF lot gives you a fully fenced backyard, a large patio and a charming pergola — perfect for evenings grilling, outdoor meals, or a private retreat after the beach. Landscaping has been refreshed for curb appeal and low maintenance.
Situated in a golf-cart friendly, no-HOA neighborhood, this property is an ideal full-time residence, seasonal home, or short-term rental (buyers should confirm local rental rules). Municipal Park is just around the corner with playgrounds, pickleball, tennis and basketball courts, picnic shelters, and convenient restroom facilities — and the Mexico Beach shoreline is an easy walk away. With turnkey condition and a location that buyers prioritize in this market, this house is ready to be enjoyed immediately.
Schedule a showing with listing agent Beth Cooper to see why this Mexico Beach home checks all the boxes for lifestyle and investment. Call 850-648-3000 or email carol@buytheforgottencoast.net.
Home Highlights
Property Features
Interior Features
- 3 bedrooms, 2 full bathrooms
- 1,897 SF open plan living
- Luxury vinyl plank flooring (new)
- Fresh interior paint
- Fireplace in living room
- Updated appliances
- Tankless water heater
Exterior & Lot
- Lot size: 8,625 SF (~0.20 acres)
- Fully fenced backyard
- Large patio and pergola for outdoor entertaining
- Fresh landscaping
- Roof replaced in 2021
- Golf-cart friendly neighborhood; no HOA
Location & Neighborhood
- Short walk to Mexico Beach shoreline (0.1–0.2 mi)
- Adjacent to Municipal Park with playground and courts
- Quiet residential streets with a coastal community feel
- Convenient drive to Panama City Beach regional services (~25–30 min)
Walkability & Recreation
- Walkability Rating: 70/100
- Minutes to public beach access points
- Easy access to Municipal Park courts and picnic facilities
- Nearby opportunities for fishing, boating and Gulf recreation
Neighborhood & Location
Mexico Beach is a small, tight-knit Gulf Coast community prized for its white-sand shoreline and relaxed, low-density feel. Streets are compact and golf-cart friendly; Municipal Park functions as a local hub for families and outdoor activities. The town draws both seasonal visitors and full-time residents who value coastal access and a quieter alternative to larger nearby resort towns.
Market Insights
Mexico Beach is a compact coastal market within the Panama City MSA where turnkey, walk-to-beach homes command a premium and typically move faster than inland properties. Inventory is often limited, particularly for single-level homes that are updated and close to the shore. Median sale prices in the area have risen in recent years following the rebuilding cycle after 2018; current local trends show modest annual appreciation (low single digits) but stronger 3–5 year gains. Sellers receive significant interest from second-home buyers and short-term rental investors. For buyers, this market rewards homes with recent systems updates and curb-to-backyard usability. At the listed price of $548,000, 235 Kim Kove competes well among similar updated homes that trade in the mid-to-upper price tier for Mexico Beach.
Nearby Schools
Mexico Beach Elementary (Bay District Schools)
Elementary · 0.5 mi
Mosley Middle School (Bay District Schools — nearest middle)
Middle · 15 mi
Mosley High School (Bay District Schools)
High · 15 mi
Walkability & Recreation
Excellent immediate access to beach and Municipal Park with courts, playgrounds and picnic areas; boating and Gulf recreation nearby.
Investment Highlights
- Short walk to the Gulf and Municipal Park — strong locational premium.
- Move-in ready: new luxury vinyl plank flooring, fresh paint, updated appliances.
- Major systems: roof replaced in 2021, tankless water heater for efficiency.
- Fenced yard, large patio and pergola — turnkey outdoor living.
- No HOA and golf-cart friendly streets — flexible usage including vacation rental (verify local regs).
Key Findings
- 3 bedrooms, 2 baths, 1,897 SF living area on 8,625 SF lot (per listing).
- List price: $548,000; list price per SF: $289.
- Recent updates include roof (2021), tankless water heater, flooring, paint, and appliances.
- Located a short walk from beach access and Municipal Park amenities.
- No HOA; off-street parking but no enclosed garage.
Things to Consider
- Flood zone and insurance costs (coastal property) will materially affect carrying costs.
- Exact school attendance zones should be verified with Bay District Schools.
- Potential short-term rental regulation or permitting limits — verify local ordinances.
- Mechanical and HVAC specifics not listed — buyer should confirm age and condition.
Opportunity Analysis
Buyers seeking immediate coastal lifestyle or investors targeting short-term rental income will find this turnkey Mexico Beach home attractive. The combination of proximity to the beach/park, recent major updates, and an absence of HOA constraints supports near-term rental yield and medium-term appreciation tied to limited inventory for move-in-ready beach homes.
Potential Use Scenarios
- For owner-occupier: confirm flood insurance, incorporate modest coastal-hardy landscaping and hurricane prep kit; minimal cosmetic upgrades could increase comfort and resale value.
- For investor: model short-term rental income against higher coastal insurance and management fees; verify permitting and occupancy limits before purchase.
- For flipper/resale: consider targeted kitchen/bath upgrades and staged outdoor areas to push toward upper range of estimated value.
Risk Factors
- Coastal flood risk and evolving insurance market raising ongoing costs.
- Seasonality of short-term rental demand and occupancy variability.
- Potential localized regulation limiting vacation rental operations.
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$515K
Midpoint
$550K
High
$585K
$289/SF estimated price per square foot
Estimate anchored to list price ($548,000) and internal knowledge of Mexico Beach coastal market. No live comparable sales pulled — range reflects similar nearby beach houses and condition/updates noted (roof 2021, tankless water heater, recent interior upgrades). Verify with recent closed sales.
As of 2026-03-12
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Coastal vacation communities like Mexico Beach experienced elevated buyer interest and price appreciation after 2018 rebuilding and during the strong short-term rental market; growth has moderated but demand for turnkey beach homes remains higher than inland Bay County averages.
Nearby Points of Interest
- Municipal Park (0.1 mi)
- Gulf of Mexico / beach access (0.1-0.2 mi)
Short walk to Mexico Beach shoreline and Municipal Park (playground, pickleball, tennis, basketball and picnic facilities). Local dining and small shops within a few minutes by car; Panama City Beach regional retail and services ~25-30 minutes west.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
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