NOT LISTED FOR SALE

2902 Us Highway 98 Mexico Beach, FL 32456

Estimated Value: $1,103,293

0.19 Acre
$5,806,805 Price per Acre
8,276 Sq Ft Lot

Last Sold September 14, 2023

Last sale price $1,125,000

Est. 2% decrease in value since last sale

Current estimated payment $7,091/month

About This Lot

As of September 2023

3 commercial lots in Mexico Beach including 1 building.

Last Agent to Sell the Property

Zach Childs

98 Real Estate Group, LLC Brokerage Phone: 8506482200 License #3153944 Listed on: 09/14/2023

Last Buyer's Agent

Zach Childs

98 Real Estate Group, LLC Brokerage Phone: 8506482200 License #3153944 Listed on: 09/14/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,963

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 100 x 80
  • Property fronts a highway
  • Zoning described as Commercial

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04512000000

Property Details

Property Type

Land

Est. Annual Taxes

$12,963

Lot Details

0

Listing Details

  • Attribution Contact: 8506482200
  • Directions: Corner of Hwy 98 and N 29th St.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.19
  • Lot Size: 100 x 80
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Special Features: None

Exterior Features

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

Utilities

  • Utilities: Electricity Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Additional Parcels: No
  • Parcel #: 04512000000
  • Zoning Description: Commercial
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Sep 13, 2023
Sold by
Vacation Rental Services Llc
Bought by
Mb 101 Llc
Seller's Agent
Zach Childs
98 Real Estate Group, LLC
Buyer's Agent
Zach Childs
98 Real Estate Group, LLC
List Price
$1,125,000
Sold Price
$1,125,000
Views
1
Current Estimated Value
$1,103,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,707

Purchase Details

Closed on
Sep 15, 2021
Sold by
Wood Thomas L and Thomas L Wood Revocable Trust
Bought by
Vacation Rental Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,300
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 4, 2005
Sold by
Wood Tom and Wood Thomas L
Bought by
Wood Thomas L

Purchase Details

Closed on
Nov 15, 2001
Sold by
Woodward Lawtis J and Woodward A
Bought by
Wood Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,700
Interest Rate
6%
Mortgage Type
Seller Take Back
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
Mb 101 Llc $1,125,000 None Listed On Document
Vacation Rental Services Llc $829,000 Attorney
Wood Thomas L -- --
Wood Tom $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vacation Rental Services Llc $580,300
Previous Owner Wood Tom $84,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $1,125,000 0.0% --
09/14/2023 09/14/23 For Sale $1,125,000 -- --
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 $12,963 $887,189 $695,678 $191,511
2023 $12,963 $756,192 $649,299 $106,893
2022 $12,590 $755,400 $649,299 $106,101
2021 $2,853 $162,899 $141,265 $21,634
2020 $2,870 $157,100 $141,265 $15,835
2019 $2,582 $138,674 $122,839 $15,835
2018 $3,945 $144,584 $0 $0
2017 $2,366 $144,584 $0 $0
2016 $2,392 $144,584 $0 $0
2015 $2,279 $136,283 $0 $0
2014 $2,291 $136,283 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 315315

Forgotten Coast REALTOR® Association

APN: 04512-000-000