NOT LISTED FOR SALE

116 16th St Mexico Beach, FL 32456

Estimated Value: $233,000 - $316,000

0.17 Acre
$1,546,649 Price per Acre
7,500 Sq Ft Lot

Last Sold September 29, 2022

Last sale price $220,000

Est. 21% increase in value since last sale

Current estimated payment $1,532/month

33 Days on Market

About This Lot

As of September 2022

This is one of the best deals in Mexico Beach and won't last long. 16th Street is a quiet dead end street with the beach just a short block away. This is a good size (75X100) single family zoned lot that is surrounded by nice homes. Most of the lot and where a house would practically be located is in the X flood zone. A home was previously located here prior to Hurricane Michael and the lot comes with paid water and sewer taps. There is a shed in usable condition on the lot that is part of the sale. No HOA dues, no rental restrictions, no buildout timeframe, RV's not allowed.

Last Agent to Sell the Property

Zach Childs

98 Real Estate Group, LLC License #3153944 Listed on: 07/27/2022

Last Buyer's Agent

Kaye Haddock

Beach Properties Real Estate Group License #3068203

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,507

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 75 x 100

Property Views

  • Gulf Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04380000000

Property Details

Property Type

Land

Est. Annual Taxes

$1,507

Lot Details

0

Listing Details

  • Directions: From Hwy 98 in Mexico Beach, turn onto 16th Street. Lot will be on right.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.1722
  • Lot Size: 75 x 100
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Special Features: None

Exterior Features

  • Lot Features: Aerials/Topo Available, Within 1/2 Mile of Water
  • View: Gulf, Water
  • View: Yes
  • Waterfront: No
  • Disclosures: City Zoning

Utilities

  • Utilities: Tap Fee Paid, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7500
  • Additional Parcels: No
  • Parcel #: 04380000000
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Sep 29, 2022
Sold by
Lacy Alicia
Bought by
Goldammer Benjamin and Goldammer Elizabeth
Seller's Agent
Zach Childs
98 Real Estate Group, LLC
Buyer's Agent
Kaye Haddock
Beach Properties Real Estate Group
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$266,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,333
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
May 11, 2021
Sold by
Rudd Betty
Bought by
Lacy Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2010
Sold by
Mcfarland Christopher F and Mcfarland Deborah C
Bought by
Rudd Donald and Rudd Betty

Purchase Details

Closed on
Mar 10, 2007
Sold by
Rudd Donald and Rudd Betty
Bought by
Mcfarland Christopher F and Mcfarland Deborah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.19%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Goldammer Benjamin $220,000 --
Goldammer Benjamin $220,000 --
Lacy Alicia $135,000 Advantage Title Group Llc
Lacy Alicia $135,000 Advantage Title Group Llc
Rudd Donald $6,300 Attorney
Rudd Donald $6,300 Attorney
Mcfarland Christopher F $75,000 Attorney
Mcfarland Christopher F $75,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lacy Alicia $236,000
Previous Owner Mcfarland Christopher F $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2022 09/29/22 Sold $220,000 0.0% --
08/30/2022 08/30/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $220,000 -- --
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
2025 $1,782 $567,973 -- --
2024 $2,935 $106,565 $106,564 $1
2023 $2,935 $171,233 $171,232 $1
2022 $1,806 $108,375 $108,375 $0
2021 $1,507 $86,062 $86,062 $0
2020 $215 $60,827 $0 $0
2019 $206 $59,459 $0 $0
2018 $273 $69,453 $0 $0
2017 $274 $68,024 $0 $0
2016 $270 $66,625 $0 $0
2015 $285 $66,162 $0 $0
2014 $281 $65,637 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 311905

Forgotten Coast REALTOR® Association

APN: 04380-000-000