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119 42nd St, Mexico Beach, FL 32456

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For Sale

$720,000

0.16 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.2 acres
    Lot size

Explore this Property

Seize a unique investment opportunity with this prime 2nd-tier lot in the heart of Mexico Beach! Perfectly positioned landward of the CCCL line and located on a quiet, dead-end street, this lot offers incredible potential for development. Platted to accommodate a quadplex, you have the flexibility to build either a single-family home or up to four townhomes. Located in the X flood zone, the lot boasts the added benefit of having already been cleared with utilities already in place. Enjoy convenient beach access at the end of the road, making it a desirable location for future residents. This is an Investor Special with limitless potential don't miss out on this chance to capitalize on a thriving area with high rental demand! The current owners have building plans for 4 seperate 1303 sq ft, 2 bedroom/3 bathroom, ground level 2 story townhome with a rooftop deck. The proposed homes feature 'mid-line' interior finishes. Plans have not been finalized, so customization is an option.
MLS# 318457

Courtesy Of 98 REAL ESTATE GROUP, LLC

(850) 648-2201

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    0.16 Acres

Map and Directions

Directions to 119 42nd St, Mexico Beach, FL 32456

Home seller CENTURY 21 First Story Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 First Story Real Estate

(850) 727-0066
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Copyright © 2024 Realtor® Association of Franklin & Gulf Counties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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