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817 Hwy 98, Mexico Beach, FL 32456

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For Sale

$1,200,000

0.38 acres

Estimated Payment

$ 6,163 /mo.

6.65% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 0.4 acres
    Lot size

Explore this Property

Seller has reduced $550K and is ready to sell. This is a great investment opportunity in Mexico Beach, Florida. It's been close to 20 years since there was an opportunity in Mexico Beach for a property that is zoned to accommodate up to 6 homes and this is a great spot for a condo/townhouse development. This beachfront property is seaward of the CCCL line and is zoned general commercial. This zoning allows any allowed use in Mexico Beach and has a 48' height limit. Located in a great location of Mexico Beach not far from Killer Seafood and a short walk to the dedicated beach. If you're looking to build multi-family homes on a beachfront lot anywhere near Mexico Beach, this is a once in a lifetime opportunity.
MLS# 320159

Courtesy Of 98 REAL ESTATE GROUP, LLC

(850) 648-2200

Property Features

  • Amenities
    Water Front
  • Architecture Style
    Other
  • Lot Size
    0.38 Acres

Map and Directions

Directions to 817 Hwy 98, Mexico Beach, FL 32456
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Home seller CENTURY 21 Ryan Realty

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

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $6,163
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $6,163

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Tyndall Academy

Grades PK-8 Public School


Panama City, FL 32403 15.9 miles
7800 tyndall pkwy

388 total students
19:1 Student teacher ratio

Rutherford High School

Grades 6-12 Public School


Panama City, FL 32401 20.3 miles
1000 school ave

1379 total students
17:1 Student teacher ratio

Local area information for Mexico Beach, FL 32456

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Mexico Beach, FL 32456

This community’s employment is highest in the food and administrative support industries. The area’s overall household expenses are above the national average.

89° July
Hottest Average Month

43° January
Coldest Average Month
4,162 Total Households in Area
21.2%
of households
have children
19 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Mexico Beach, FL 32456

Mexico Beach, FL 32456 has a population of 7,946 people in 4,162 households with a median age of 53.5 years old.

Up 5.5%
Increase in population
since the year 2010

Population is Trending up
3,352
Total households as of 2010
Up
33%

Community Population By Age

Community Population By Ethnicity

White 79%
Black 11%
Hispanic 4%
Other 2%
Asian <1%
Native American <1%

Economics
for Mexico Beach, FL 32456

33 /sq mi
Population Density
$78,366 /yr
Median Household Income
$451,535
Median Sales Price
19 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 82%
  • Work from Home 15%
  • Walk or Bike 3%
  • Public Transit 0%

Occupancy by Type

Owned 3,305 46%
Vacant 2,951 41%
Rented 857 12%

White vs Blue Collar Jobs







White Collar 79%
Blue Collar 21%

Family & Education Facts
for Mexico Beach, FL 32456

53.5 Median Age

Average Household Size

1.9
persons per
household

51.8%

Married Households

Community Population By Education

Some College 25%
High School Graduate 23%
Bachelors Degree 22%
Graduate Degree 15%
Associates Degree 10%
Some High School 6%

Household Family Expenses vs National Average

21.2% of households have children

Weather
for Mexico Beach, FL 32456

The weather for this area ranges from a high of 89° F in July to a low of 43° F in January

89° July
Hottest Average Month
43° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
43°
62°
Feb
46°
65°
Mar
51°
70°
Apr
58°
76°
May
65°
83°
Jun
71°
88°
Jul
74°
89°
Aug
74°
89°
Sep
70°
87°
Oct
60°
80°
Nov
51°
71°
Dec
45°
65°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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