NOT LISTED FOR SALE

2703 Highway 98 Unit A Mexico Beach, FL 32456

Estimated Value: $629,000 - $847,000

0.04 Acre
$18,184,867 Price per Acre
1,800 Sq Ft Lot

Last Sold September 04, 2019

Last sale price $75,000

Est. 901% increase in value since last sale

Current estimated payment $4,773/month

11 Days on Market

About This Lot

As of September 2019

This is a townhouse lot, 24 feet wide. The adjacent lot is also for sale. Buy both and have 40 feet to build a single family or build a duplex. This lot is in the X flood zone and will remain so according to the preliminary maps, this means flood insurance is extremely affordable and you have the option to build on pilings or not! Four lots from the beach. Walking distance to restaurants and shopping!

Last Agent to Sell the Property

Mary Blackburn

Sundance Realty License #3018180 Listed on: 07/22/2019

Last Buyer's Agent

Mary Blackburn

Sundance Realty License #3018180 Listed on: 07/22/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,167

Lot Details

  • 1,800 Sq Ft Lot
  • Lot Dimensions are 24 x 75
  • Zoning described as City

Property Views

  • Gulf Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04586000000

Property Details

Property Type

Land

Est. Annual Taxes

$8,167

Lot Details

0

Listing Details

  • Directions: Corner of Hwy 98 and 27th Street.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.0413
  • Lot Size: 24 x 75
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Special Features: None

Exterior Features

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

Utilities

  • Utilities: Water Connected, Sewer Connected

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 1800
  • Additional Parcels: No
  • Parcel #: 04586000000
  • Zoning Description: City
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Sep 3, 2019
Sold by
Cannon Glen
Bought by
Shepherd Brian and Shepherd Amy
Seller's Agent
Mary Blackburn
Sundance Realty
Buyer's Agent
Mary Blackburn
Sundance Realty
List Price
$82,000
Sold Price
$75,000
Premium/Discount to List
-$7,000
-8.54%
Current Estimated Value
$751,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$676,035
Avg. Annual Appreciation
46.17%
Original Mortgage
$54,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Cannon Glen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,707
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2014
Sold by
Not Provided
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 27, 2003
Sold by
Blanton Deborah P and Blanton Glen P
Bought by
Edwards Claudia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2000
Sold by
Cahill Brian A
Bought by
Blanton Deborah P and Blanton Glen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Shepherd Brian $75,000 None Available
Cannon Glen $113,000 Premium Title Services Inc
Deutsche Bank National Trust Company $98,100 None Available
Edwards Claudia J $189,900 --
Blanton Deborah P $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepherd Brian Kelly $258,000
Closed Shepherd Brian $54,000
Previous Owner Cannon Glen $94,707
Previous Owner Edwards Claudia J $262,000
Previous Owner Edwards Claudia J $151,900
Previous Owner Blanton Deborah P $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2019 09/04/19 Sold $75,000 -8.5% --
08/03/2019 08/03/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $82,000 -- --
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 $8,167 $482,368 $168,903 $313,465
2023 $8,167 $476,415 $158,079 $318,336
2022 $6,273 $376,405 $80,325 $296,080
2021 $1,280 $73,080 $73,080 $0
2020 $1,595 $85,608 $85,608 $0
2019 $1,556 $84,960 $84,960 $0
2018 $2,872 $152,433 $0 $0
2017 $2,359 $138,575 $0 $0
2016 $2,084 $125,977 $0 $0
2015 $2,068 $123,683 $0 $0
2014 $2,016 $119,947 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 302235

Forgotten Coast REALTOR® Association

APN: 04586-000-000