$1,030,000
SOLD MAR 21, 2025

1405 Highway 98 Mexico Beach, FL 32456

0.12 Acre
$8,373,984 Price per Acre
5,360 Sq Ft Lot

Recently Sold

21% Below List Price

250 Days on Market

Highlights

  • Property fronts gulf or ocean
  • No HOA
  • 4-minute walk to Mexico Beach Sunset Park
  • Corner Lot

About This Lot

As of March 2025

GULF FRONT vacant lot with 67' feet on the beach. This property is perfect for a custom-built 7+ bedroom house with a pool and would be an excellent income producing vacation rental projected at $300K GRI annually. The zoning would allow for a single-family home, duplex or townhouses. The property is conveniently located within walking distance of restaurants, shops, and city parks. The water and sewer taps are already paid. No HOA or fees. Make an offer! Call your Realtor today.

Last Agent to Sell the Property

Ryan Harmon

Mexico Beach Harmon Realty Inc Brokerage Phone: 8506485767 License #3099129 Listed on: 06/07/2024

Last Buyer's Agent

Ryan Harmon

Mexico Beach Harmon Realty Inc Brokerage Phone: 8506485767 License #3099129 Listed on: 06/07/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,966

Lot Details

  • 5,360 Sq Ft Lot
  • Lot Dimensions are 67 x 80
  • Property fronts gulf or ocean
  • Property fronts a state road
  • Corner Lot
  • Cleared Lot
  • Zoning described as Commercial,Residential Multi-Family

Property Views

  • Gulf Views

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04394000000

Property Details

Property Type

Land

Est. Annual Taxes

$8,966

Lot Details

0

Listing Details

  • Attribution Contact: 8506485767
  • Directions: Traveling east on Hwy 98 in Mexico Beach the lot will be on the right side just past the intersection of Hwy 98 & 15th St.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.123
  • Lot Size: 67 x 80
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Special Features: None

Exterior Features

  • Lot Features: Aerials/Topo Available, Cleared, Corner Lot, Within 1/2 Mile of Water
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Disclosures: City Zoning

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Tap Fee Paid, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5360
  • Additional Parcels: No
  • Parcel #: 04394000000
  • Zoning Description: Commercial,Residential Multi-Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Mar 14, 2025
Sold by
Shirley R Fisher Family Revocable Trust and Fisher Shirley R
Bought by
Badger-Investments Llc
Seller's Agent
Ryan Harmon
Mexico Beach Harmon Realty Inc
Buyer's Agent
Ryan Harmon
Mexico Beach Harmon Realty Inc
List Price
$1,299,000
Sold Price
$1,030,000
Premium/Discount to List
-$269,000
-20.71%
Views
16
Current Estimated Value
$1,048,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,098
Avg. Annual Appreciation
4.13%

Purchase Details

Closed on
Sep 16, 2008
Sold by
Fisher Shirley R and Fisher Tom S
Bought by
Fisher Shirley R
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,030,000 None Listed On Document
Warranty Deed $1,030,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $1,030,000 -13.8% --
07/19/2024 07/19/24 Price Changed $1,195,000 -8.0% --
06/08/2024 06/08/24 For Sale $1,299,000 -- --
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
2024 $8,966 $430,991 -- --
2023 $8,966 $391,810 $802,124 $0
2022 $6,637 $356,191 $0 $0
2021 $6,058 $323,810 $0 $0
2020 $5,725 $334,529 $334,529 $0
2019 $4,982 $267,612 $267,612 $0
2018 $9,186 $547,791 $0 $0
2017 $8,779 $536,523 $0 $0
2016 $8,737 $528,084 $0 $0
2015 $8,894 $531,900 $0 $0
2014 $9,558 $568,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 317800

Forgotten Coast REALTOR® Association

APN: 04394-000-000