NOT LISTED FOR SALE

101 S 25th St Mexico Beach, FL 32456

Estimated Value: $925,000 - $1,852,008

4 Beds
2 Baths
1,344 Sq Ft
$1,166/Sq Ft Est. Value

Last Sold June 12, 2015

Last sale price $400,000 $298 Per Sq Ft

Est. 292% increase in value since last sale

Current estimated payment $9,528/month

416 Days on Market

Highlights

  • Resort Property
  • Deck
  • Corner Lot
  • Gulf View
  • Wood Flooring
  • Furnished

About This Home

As of June 2015

Great place with a beautiful Gulf View. Duplex with 2 Bedrooms and 1 Bath on each side. Shared Washer & Dryer located in storage room on ground floor. Large deck for relaxing and watching the sunsets. Also zoned Tourist commercial with opportunity for boutique, souvenir shop or similar business. Use your imagination! Currently vacation rental with great rental income. No HOA! Desired X Flood Zone!

Last Agent to Sell the Property

Allen Gaddis

Forgotten Coast Realty of NW Florida License #3266886 Listed on: 03/26/2014

Co-Listed By

Teresa Carlton

Forgotten Coast Realty of NW Florida License #3067146

Last Buyer's Agent

Zach Childs

98 Real Estate Group, LLC License #3153944

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,112

Year Built

  • Built in 1983

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 1,344 Sq Ft Home
  • Furnished
  • Drapes & Rods
  • Living Room
  • Combination Kitchen and Dining Room
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Rear Porch

Utilities

  • Multiple cooling system units
  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Resort Property

Listing and Financial Details

  • Assessor Parcel Number 04143010000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,112

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Directions: Corner of Hwy 98 and 25th St in Mexico Beach.
  • Prop. Type: Residential
  • Property Sub Type: Duplex,Dup/Tri/Quad (Multi-Unit)
  • Lot Size Acres: 0.12
  • Lot Size: 50 x 100
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: 112
  • Co List Office Phone: 850-648-3000
  • Subdivision Name: No Named Subdivision
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: Duplex
  • Year Built: 1983
  • NAV22_Room4Name: Living Room
  • NAV22_Room10Name: Living Room
  • NAV22_ResortRentalYN: Yes
  • NAV22_Room8Name: Full Bath
  • NAV22_Room3Name: Full Bath
  • NAV22_Room7Name: Additional Bedroom
  • NAV22_Room2Name: Additional Bedroom
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Additional Bedroom
  • NAV22_Room1Name: Additional Bedroom
  • NAV22_Room5Name: Dining/Kitchen Combo
  • NAV22_Room11Name: Dining/Kitchen Combo
  • NAV22_Room9Name: Laundry
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Microwave, Refrigerator, Electric Oven, Gas Water Heater
  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Tile, Hardwood, Wall to Wall
  • Living Area: 1344
  • Window Features: Drapery Rods, Window Treatments

Exterior Features

  • Exterior Features: Outdoor Shower
  • Lot Features: Landscaped, Corner Lot, Level, Within 1/2 Mile of Water
  • Roof: Composition
  • Pool Features: None
  • Pool Private: No
  • View: Water, Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Pilings
  • Patio And Porch Features: Balcony, Deck, Porch, Rear Porch
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Covered, See Remarks
  • Total Parking Spaces: 4

Utilities

  • Cooling: Multi Units, Other
  • Heating: Central Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, City Trash
  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Additional Parcels: No
  • Parcel #: 04143010000
  • Zoning Description: Commercial,Mixed Use,Residential Multi-Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2014
Closed on
Jun 11, 2015
Sold by
Taylor Mark and Collins Scott
Bought by
Whiddon Properties Llc
Seller's Agent
Allen Gaddis
Forgotten Coast Realty of NW Florida
Buyer's Agent
Zach Childs
98 Real Estate Group, LLC
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%
Current Estimated Value
$1,567,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,167,502
Avg. Annual Appreciation
14.31%

Purchase Details

Closed on
May 23, 2005
Sold by
Dehildren Properties Inc
Bought by
Taylor Mark and Collins Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2004
Sold by
Faske Wilford B and Faske Jo Ann
Bought by
Dehildren Properties Inc
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Whiddon Properties Llc $400,000 Attorney
Taylor Mark $750,000 --
Dehildren Properties Inc $590,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Mark D $20,000
Previous Owner Taylor Mark $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2015 06/12/15 Sold $400,000 -2.4% $298 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
03/27/2014 03/27/14 For Sale $410,000 -- $305 / Sq Ft
Source: Forgotten Coast REALTOR® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,112 $767,437 -- --
2023 $14,112 $1,090,250 $561,200 $529,050
2022 $6,797 $377,488 $0 $0
2021 $6,072 $343,171 $0 $0
2020 $2,323 $130,000 $130,000 $0
2019 $2,067 $111,050 $111,050 $0
2018 $4,316 $223,557 $0 $0
2017 $3,619 $221,147 $0 $0
2016 $3,467 $209,538 $0 $0
2015 $3,183 $190,343 $0 $0
2014 $3,215 $191,278 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 251485

Forgotten Coast REALTOR® Association

APN: 04143-010-000