NOT LISTED FOR SALE

512 Highway 98 Mexico Beach, FL 32456

Estimated Value: $508,000 - $1,046,338

0.09 Acre
$9,803,722 Price per Acre
3,920 Sq Ft Lot

Last Sold February 18, 2020

Last sale price $146,000

Est. 504% increase in value since last sale

Current estimated payment $5,721/month

5 Days on Market

About This Lot

As of February 2020

SPECTACULAR UNOBSTRUCTED GULF VIEWS IN THE HEART OF MEXICO BEACH!! Beautiful cleared and ready to build Gulf view duplex lot on Hwy 98 in Mexico Beach across from the beach. Lot measures 25x153 with almost .09 acres. This lot has access from Hwy 98 and from Oleander at the back of the property. Rare find due to proximity to water. Must come see the area; lots of new development all around. Located across from the world's most beautiful beaches and only 15 minutes from shopping, restaurants and beautiful downtown Port St. Joe.

Last Agent to Sell the Property

Kaye Haddock

Beach Properties Real Estate Group License #3068203 Listed on: 01/16/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,125

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 25 x 153
  • Property fronts a highway

Property Views

  • Gulf Views

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04296000000

Property Details

Property Type

Land

Est. Annual Taxes

$2,125

Lot Details

0

Listing Details

  • Directions: From Port St. Joe, Travel W on Hwy 98 toward Mexico Beach, Lot is on the right just before 6th St. Look for Sign.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.09
  • Lot Size: 25 x 153
  • Road Frontage Type: Highway, City Street
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Special Features: None

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Additional Parcels: No
  • Parcel #: 04296000000
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2124.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Feb 17, 2020
Sold by
Asche Steven and Larsen Christena
Bought by
Bhalla Jennifer T
Seller's Agent
Kaye Haddock
Beach Properties Real Estate Group
List Price
$139,900
Sold Price
$146,000
Premium/Discount to List
$6,100
4.36%
Current Estimated Value
$882,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,335
Avg. Annual Appreciation
37.69%
Original Mortgage
$94,900
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2017
Sold by
Brown Mary G
Bought by
Asche Steveb and Larsen Christena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
4.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 1, 2002
Sold by
Mayes Tommy Wayne and Mayes Gretchen Marie
Bought by
Brown Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,200
Interest Rate
6.21%
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
Bhalla Jennifer T $146,000 Attorney
Asche Steveb $275,000 Landmark Title Of Florida In
Brown Mary G $196,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhalla Jennifer Therese $530,000
Closed Bhalla Jennifer T $94,900
Previous Owner Asche Steveb $247,500
Previous Owner Brown Mary G $165,400
Previous Owner Brown Mary G $50,000
Previous Owner Brown Mary G $186,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $146,000 +4.4% --
01/22/2020 01/22/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $139,900 -- --
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 $12,241 $731,385 $224,125 $507,260
2023 $12,241 $705,948 $224,125 $507,260
2022 $3,010 $180,627 $180,625 $2
2021 $2,627 $150,002 $150,000 $2
2020 $2,053 $135,001 $135,000 $1
2019 $1,677 $91,201 $91,200 $1
2018 $4,435 $235,649 $0 $0
2017 $2,643 $139,208 $0 $0
2016 $2,094 $126,553 $0 $0
2015 $2,076 $124,120 $0 $0
2014 $1,954 $116,289 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 303667

Forgotten Coast REALTOR® Association

APN: 04296-000-000