I hope everyone had a good week. Before we get into this week’s numbers, a quick correction from last week. I made a mistake in the header, listing May 30 as the end date; I meant May 1. Still not sure where May 30th came from, but apparently, I was already looking forward to summer. We’ll chalk it up to the lack of sleep. Now, onto the market. The MB/SJB/WMB area stayed busy this week, with 15 new listings coming online and 10 properties going under contract, continuing the momentum we’ve seen building through the spring season. Sellers remain active on the pricing front, with 33 price reductions across the market, the most we’ve seen in several weeks. Let’s dive into this week’s sales.
135 Saltspray Ct
This fully furnished 4BR/3.5BA beach house in WindMark closed at $778,000 after 77 days on the market, selling at roughly 92% of its $850,000 list price to a cash buyer. Built in 2021, the 2,684 sq ft single-story home is the highest sale in Phase 2 of the neighborhood in over a year and sold at $289.87 per square foot. What makes this one stand out in WindMark is the layout. The Camden floorplan is not seen in WindMark a lot, and has a lot to offer, such as a large flex room, a split floor plan with a private guest suite, and a 3-car garage. The home is also close to the Village Center, which significantly increases its value.
118 Blue Sky Way
Another 4-bedroom furnished home in WindMark closed at $590,000 after three-quarters of a year on the market, selling at roughly 98% of its $599,900 adjusted list price, though the original ask was $635,000 when it hit the market back in August 2025. Built in 2020 and sitting on a corner lot, the 2,211 sq ft DR Horton resale sold at $266.85 per square foot with conventional financing. The home features the Victoria floorplan, which is notable because DR Horton no longer builds it, making this a true one-of-a-kind find within the neighborhood for buyers who want something they simply can’t purchase new. The extended days on market likely reflect both the original pricing and the broader absorption pace in homes that are further from the Village Center.
1056 Backwater Rd
DR Horton’s newest floorplan in WindMark, the Ozark, made its debut on the sales board this week, closing at the full list price of $499,900 after 47 days on the market, with closing cost concessions included for the cash buyer… Typical DR Horton stuff. The brand-new 2026 build offers 4BR/3.5BA across 2,245 sq ft of living space at $222.67 per square foot. The two-story layout puts the primary suite on the first floor alongside an open-concept kitchen and living area, while the second floor has two additional bedrooms, a full bath with dual vanities and soaking tub, and a second living space, a more flexible configuration than most of the single-story DR Horton product that has dominated WindMark to this point. As the builder continues rolling out new floor plans in WindMark North, it will be worth watching how buyers respond to this two-story format compared to the more established single-story inventory.
213 Nannook Rd
This furnished 5BR/3BA Gulf-view beach house in Mexico Beach’s Grand Isle neighborhood closed at $650,000 after only 37 days on the market, selling at roughly 87% of its original $749,000 list price via seller financing. The home is a 2022 Affinity Modular Home on pilings with a metal roof and an addition downstairs that was built on-site. The 2,074 sq ft home sits on a 75×100 lot with no HOA and a documented GRI of $45,000 in 2025. The home does have a Gulf view, looking over the El Governor RV Park. The seller’s willingness to offer owner financing at reasonable terms likely played a meaningful role in getting this one to the closing table, given the unique financing structure reflected in the MLS.
118 & 120 16th St
Two side-by-side vacant lots at the end of a quiet, dead-end street in Mexico Beach closed at $225,000 total, well off the original $325,000 ask when the package deal hit the market in January. Each lot measures 75×100, sits in the X flood zone, and has beach access directly across Hwy 98, a legitimate selling point for any builder or investor looking to develop in the heart of Mexico Beach. The 77 days on market and steep discount from original pricing reflect typical buyer sensitivity on raw land, but the end result is still a reasonable comp for the area, given the location and dual-lot configuration.
8184 Hwy 98
This first-tier, 3BR/2.5BA two-story house in St. Joe Beach sold fully furnished at $790,000 after 224 days on the market, selling at 83% of its original $949,000 list price to a cash buyer with no concessions. Built in 2000, the 1,928 sq ft home sits on an oversized 70×205 corner lot in the X flood zone with Gulf views, direct beach access across the street, and a community pool. At $409.75 per square foot, this is a solid comp for St. Joe Beach homes North of Hwy 98, despite the extended market time.
206 4th St
A 2022 modular home in Mexico Beach closed at $510,000 after just 7 days on the market, selling at 96% of its $529,900 list price via conventional financing. The 4BR/2BA, 1,432 sq ft home sits on a 75×112 lot in the X flood zone with no HOA, and features a covered front porch, screened rear porch, and a split bedroom layout. At $356.15 per square foot, this is on the higher end of the price-per-foot range for modular homes in Mexico Beach, though the quick sale reflects genuine buyer demand for move-in-ready, post-hurricane-standard product in a clean, no-HOA setting.
Area Info/Market Updates
There has been a good deal of infrastructure progress made over the past few weeks and it is about time for an update. Leading off with the Pier, the City Administrator released this statement with an update:
“Great News! The EA (environmental assessment) has been completed by FEMA. EHP (Environmental Planning and Historical Preservation) is in contact with the USACE (U.S. Army Corps of Engineers) and is providing the EA to them. The project is turned back to the CRC (Consolidated Resource Center) for the cost revision (taking the original estimate and approving the bid price). We have a meeting scheduled for Monday with FEMA to get any updates. Our concern now is a price increase because the contractor, by contract, held bid pricing until April 15.”
Moving on to Sunset Park. Work has begun there, and significant progress has been made with the remodel. They are shooting to have the work completed by Memorial Day, per the City of Mexico Beach.
Next, the Canal Parkway roundabout was completed and striped last week, and let me tell you, it is a traffic game-changer. It makes it far better for fishermen to park, lookers to turn around, and saves the house at the end of the street, a lot of traffic in his driveway, with drivers no longer using it to turn around.
Regarding the boat ramp expansion, bidding will open on May 15th, and revised drawings have been sent back to the Army Corps for permit review.
Lastly, the Amphitheater has made some good progress. The concrete piling foundation has been completed, and the main focus right now is on the site preparation. They are anticipating that the actual pavilion should be erected between May 25 and June 12, with a tentative completion date of June 22.
Lots of things to be excited about!
Carter Dorsch
My Top 3 Deals of the Week