$169,000
UNDER CONTRACT $111K PRICE DROP

208 5th St Mexico Beach, FL 32456

Estimated payment $1,108/month

Total Views 9,045
0.19 Acre
$876,556 Price per Acre
8,400 Sq Ft Lot

Highlights

  • Gulf View
  • No HOA
  • Additional Land

About This Lot

Beach Lot Two Blocks from the Beach with unobstructed clear view of the ocean from your lot frontage. Huge Lot Size 75X112, No HOA and instant equity on New Construction Financing Available! Primary, Second Home, or Investment property ready to build. "Little as 5% down One time close Lot & Construction Loan on Primary Residence available". The rental market is red hot for a great return on investment. Golf Cart Friendly neighborhood. Short walk to crystal white beach sands or Golf cart ride & park on beach curb with all your beach supplies and walk to the beach down public beach access. Section between beach and road are designated and will not be developed. Boating, Deep sea fishing, Kayaking, Scuba Diving, Wind surfing. Riding bikes along the board walk throughout the quaint Mexico Beach area neighborhoods. Get your own slice of heaven.

Listing Agent

Howard Cox

Forgotten Coast Realty of NW Florida Brokerage Email: 8506483000, carol@buytheforgottencoast.net License #3571100 Listed on: 05/10/2024

Property Details

Property Type

  • Land

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 75 x 112
  • Additional Land

Property Views

  • Gulf Views

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04891050000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: From Hwy 98 in Mexico Beach. Turn onto 5th Street. The sign will be in the yard to the right.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.1928
  • Lot Size: 75 x 112
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Special Features: UnderContract

Exterior Features

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

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8400
  • Additional Parcels: No
  • Parcel #: 04891050000
  • Zoning Description: Residential Single Family

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,770 $174,206 $174,206 --
2024 $2,583 $165,656 $165,656 --
2023 $2,583 $150,693 $150,693 $0
2022 $1,535 $86,213 $0 $0
2021 $1,373 $78,375 $78,375 $0
2020 $1,261 $67,687 $67,687 $0
2019 $2,231 $119,842 $119,842 $0
2018 $2,432 $128,814 $0 $0
2017 $1,963 $119,979 $0 $0
2016 $1,964 $118,697 $0 $0
2015 $1,985 $118,697 $0 $0
2014 $1,827 $108,722 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 Price Changed $169,000 -5.6% --
10/20/2025 10/20/25 Price Changed $179,000 -5.8% --
07/12/2025 07/12/25 Price Changed $190,000 -4.0% --
06/19/2025 06/19/25 Price Changed $198,000 -13.9% --
05/16/2025 05/16/25 Price Changed $229,900 -3.8% --
08/05/2024 08/05/24 Price Changed $239,000 -9.8% --
06/17/2024 06/17/24 Price Changed $265,000 -5.4% --
05/10/2024 05/10/24 For Sale $280,000 +69.8% --
04/10/2024 04/10/24 Sold $164,900 0.0% -- View Prior Sale
03/09/2024 03/09/24 For Sale $164,900 -- --
Source: Forgotten Coast REALTOR® Association

Purchase History

Date Type Sale Price Title Company
Warranty Deed $164,900 Setco Services
Warranty Deed $164,900 Setco Services
Quit Claim Deed -- Costin Charles A
Warranty Deed $195,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,353 Credit Line Revolving
Closed $168,353 Credit Line Revolving
Previous Owner $146,250 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Forgotten Coast REALTOR® Association

MLS Number: 317519

Forgotten Coast REALTOR® Association

APN: 04891-050-000