Spring break season is full steam ahead, with Tift County, Dothan Schools, and Bainbridge(Decatur County) all on break, bringing families to the coast for some beach time starting this weekend. Despite the great weather, the Mexico Beach/St. Joe Beach/WindMark Beach real estate market showed moderate activity, with 13 new listings coming online and 5 properties going under contract. Sellers continued to adjust pricing aggressively, with 18 price reductions across the market as they work to capture buyers’ attention in the heart of the spring break season. This is going to be their best shot at showing and selling until the summer rolls around. We saw just 3 sales close this week, highlighted by a $1.42 million Gulf-front townhome in St. Joe Beach that closed after an extended market time and multiple reductions. Let’s dive into this week’s sales.
8255 Hwy 98
After being on and off the market for over a year, this 4BR/3BA Gulf-front townhome in St. Joe Beach closed at $1.42 million, selling at a $180,000 discount from its original $1,599,000 list price. Built in 2023 with 18 feet of Gulf frontage on a .14-acre lot, the 2,206 sq ft unit sold fully furnished at $644 per square foot. The property saw 2 reductions before eventually getting an executed contract. This is only the second Gulf front townhome to sell in St Joe Beach since 2022.
512 Vermillion Cir
A 4BR/3BA Kennedy floorplan in WindMark North closed at $415,000 after 73 days on the market, selling at roughly 92% of its original $449,000 list price. It is not your typical DR Horton sale, where they stuck to the asking price, so that is refreshing to see. The 2,129 sq ft new build features a private mother-in-law suite sold at $195 per square foot. This is only DR Horton’s 4th detached single-family sale in WindMark this year.
7412 Georgia Ave
A 3BR/2BA manufactured home in the 3rd block of St. Joe Beach closed at $230,000 after 156 days on the market, selling at roughly 68% of its original $339,000 list price. The 1,248 sq ft home sits on a .25-acre lot in the X flood zone with an insulated shed, but it needed significant work, including new appliances and general TLC. The steep discount from the original asking price reflects both the property’s condition and the market’s price sensitivity for older mobile homes, mainly due to financing and insurance.
Area Info/Updates
Time for a pier update. This week, we got a notice of a United States Army Corps of Engineers Permit Application, as I’m sure many of y’all within a mile of the pier site received as well. The packet explained the dimensions of the proposed pier along with additional information and an updated copy of the drawings. As of 3/24/2026, the pier is shaping up to be 19’ wide and 810’ feet long with a 30×60 foot terminal on the end. The future site will be built “Top-Down,” similar to the Panama City Beach and Pensacola piers. Although it would be 810’ long, the pier would only protrude 660’ from the Mean High Water Line(MHWL). We are all hoping this application gets approved, and the pier can be one step closer to construction.
That’s all for this week’s market update. Thanks for reading!
Carter Dorsch