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    111 40Th St Mexico Beach, FL 32456

    New
    For Sale
    $499,000

    Residential Lots/Land - Mexico Beach, FL

    Lot size:
    0.17 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 11 at 11:06 am

    Property Features for 111 40Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04648-000-000
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    0.17 Acres

    Building Details

    Architectural style
    Other

    Berkshire Hathaway Home Services - SGI (850) 927-6000

    Listing agent Mary Ellen Cassidy (850) 990-0020

    Listing date Dec 8, 2025

    MLS# 322420 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

    Gulf View Building Lot

    This Gulf view lot in Mexico Beach presents an opportunity to build a coastal retreat. Situated on the 1st Tier, the property offers sunset views and is a short walk from the beach. The lot is located in Flood Zone X and has city utilities available. It is suitable for building a home on pilings. The property can be developed now or held as an investment. The location is near the Community Boat Launch and Concert Pavilion. Mexico Beach offers a small-town atmosphere with amenities for coastal living. Local dining options include Killer Seafood, Mango Marley's, Caribbean Coffee, and Shipwreck Raw Bar, along with coastal boutiques, local art shops, and weekend Farmer's Markets. The lot size is 0.172 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    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
    -85.4257042
    Latitude
    29.9511206

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    FAQs

    What type of property is this?
    Land - Gulf view lot in Mexico Beach, steps from the beach.
    Where is this land located?
    The property is located at 111 40Th St Mexico Beach, FL.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Gulf view, 1st Tier lot offers opportunity to build a dream coastal retreat with breathtaking sunset views.; - Located in Flood Zone X, ensuring the property is high and dry.; - Easy walkover access to the beach, just a 30-second walk away.
    (850) 990-0020
    Request Owner's contact information
    111 40Th 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
    111 40Th St Mexico Beach, FL 32456
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