Residential Land for Sale in Mexico Beach, Florida

119 42nd St Mexico Beach, FL 32456

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$720,000
0.16 acres
Active sale agoEst $5,679/mo

Seize a unique investment opportunity with this prime 2nd-tier lot in the heart of Mexico Beach! Perfectly positioned landward of the CCCL line and located on a quiet, dead-end street, this lot offers incredible potential for development. Platted to accommodate a quadplex, you have the flexibility to build either a single-family home or up to four townhomes. Located in the X flood zone, the lot boasts the added benefit of having already been cleared with utilities already in place. Enjoy convenient beach access at the end of the road, making it a desirable location for future residents. This is an Investor Special with limitless potential--don't miss out on this chance to capitalize on a thriving area with high rental demand! The current owners have building plans for 4 seperate 1303 sq ft, 2 bedroom/3 bathroom, ground level 2 story townhome with a rooftop deck. The proposed homes feature 'mid-line' interior finishes. Plans have not been finalized, so customization is an option.

Directions

From Tyndall AFB: Travel East on Hwy 98, Right on 42nd St, lot is on the Left, see sign.

Location

Street Address
119 42nd St
Elevation
10 feet
Coordinates
29.9512, -85.4274

Property details

MLS Number
RAKSGC 318457
Date Posted

Resources

This 0.16-acre property is located at 119 42nd St in Mexico Beach, FL 32456 with latitude 29.9512 and longitude -85.4274. The property is currently available for sale for $720,000 with a price per acre of $4,615,385. Listing data is sourced from Realtor Association of Franklin and Gulf Counties # 318457.

Verify sale details at the property source or contact 98 Real Estate Group at (850) 648-2200.

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Copyright (C) 2024 Realtor(R) Association of Franklin & Gulf Counties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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