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    106 N 38Th St Mexico Beach, FL 32456

    For Sale
    $1,200,000

    Residential Lots/Land - Mexico Beach, FL

    Lot size:
    0.23 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 15 at 3:06 am

    Property Features for 106 N 38Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04779-000-000
    Lot size
    0.23 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Forgotten Coast Realty of NW Florida (850) 819-1205 [email protected]

    Listing agent Allen Gaddis (850) 648-3000

    Listing date Oct 26, 2025

    MLS# 324412 Listing URL

    Copyright © 2025 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Canal Front Corner Lot Opportunity

    This is a canal front corner lot in Mexico Beach, Florida, situated in a private cul-de-sac. The property offers immediate water access and space for multiple boathouses. It is an investment opportunity for boat owners, builders, and vacation rental investors seeking Gulf Coast access. The corner lot on the canal provides expanded water frontage, approximately 135 feet on one side and 36 feet on the other, offering flexibility for dock placement, additional boathouse structures, and multiple boat slips. Located on the north side of Highway 98 in a private section of Mexico Beach, the lot sits at the end of a quiet cul-de-sac. The location is near community amenities, with beaches accessible by golf cart or bike ride. Essential services, dining, and shopping are within approximately a half mile. The lot size is 0.23 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Building Supply Spa & Massage Realty agency Wholesale Shop Hair Salon Clothing Store Nail Salon Department Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mexico Beach
    County
    Gulf
    State
    Florida
    Longitude
    -85.4229072
    Latitude
    29.9522357

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    FAQs

    What type of property is this?
    Land - Rare canal front corner lot with water access in Mexico Beach.
    Where is this land located?
    The property is located at 106 N 38Th St Mexico Beach, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Rare canal front corner lot with approximately 135 ft and 36 ft of water frontage.; - Located in a private cul-de-sac with immediate water access.; - Room for multiple boathouses and boat slips.
    (850) 648-3000
    Request Owner's contact information
    106 N 38Th St Mexico Beach, FL 32456
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    Mexico Beach, FL 32456
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    106 N 38Th St Mexico Beach, FL 32456
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