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    111 Circle Dr Mexico Beach, FL 32456

    Under Contract
    For Sale
    $550,000

    Residential Lots/Land - Mexico Beach, FL

    Lot size:
    0.15 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 11 at 10:06 pm

    Property Features for 111 Circle Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    04707-010-000
    Lot size
    0.15 Acres

    Building Details

    Architectural style
    Other

    98 REAL ESTATE GROUP, LLC (850) 648-2200

    Listing agent Bonita Thompson (850) 648-2200

    Listing date Nov 17, 2025

    MLS# 324561 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

    Beachfront Lot with Gulf Views

    This residential lot is located just steps from the beach and offers views of the gulf, canal, and sunsets. Situated in a quiet neighborhood away from the main highway, the 0.15-acre lot is suitable for a single-family home. The property previously had a single-family home before Hurricane Michael, and the water and sewer taps are already paid. The lot has been cleared and is ready for construction. Located landward of the Coast Construction Control Line, no DEP permitting is required.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mexico Beach
    County
    Gulf
    State
    Florida
    Longitude
    -85.4281068
    Latitude
    29.9515142

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    FAQs

    What type of property is this?
    Land - Prime lot near the beach, ready for building.
    Where is this land located?
    The property is located at 111 Circle Dr Mexico Beach, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Steps from the beach with amazing gulf, canal, and sunset views.; - Water and sewer taps are already paid.; - Cleared and ready to build on.
    (850) 648-2200
    Request Owner's contact information
    111 Circle Dr 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 Circle Dr Mexico Beach, FL 32456
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