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    117 37Th St, Unit D Mexico Beach, FL 32456

    New
    For Sale
    $995,000

    LAND - Mexico Beach, FL

    Lot size:
    0.20 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 117 37Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Resid Multi-Family, Resid
    APN
    23-6S-12W
    Lot size
    0.20 Acres

    Utilities

    Water front
    1

    Keller Williams Realty- Emerald Coast (850) 654-2900 [email protected]

    Listing agent Robert Bonhardt (850) 654-2900 License #596417

    Listing date Dec 4, 2025

    MLS# 977210 Listing URL

    Copyright © 2025 Emerald Coast Association of Realtors. 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 Front Land Opportunity

    This property offers an opportunity to own beach front land. It features 47.24 feet of Gulf Front and is situated on a deep lot set back from Hwy 98. An active DEP permit, recently extended for 3 years, is in place with the building footprint, potentially saving construction time. The city has indicated that the building can reconnect to existing units to the east as a duplex unit, which would increase the building size. The property is located in Mexico Beach, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -85.423983
    Latitude
    29.949464

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    FAQs

    What type of property is this?
    Duplex - Gulf front property with active permit in Mexico Beach.
    Where is this duplex located?
    The property is located at 117 37Th St, Unit D Mexico Beach, FL.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Active DEP permit in place, saving approximately one year of pre-construction time.; - Enjoy **47.24 feet of Gulf Front property**.; - Deep lot set back from Hwy 98, minimizing traffic noise.
    (850) 654-2900
    Request Owner's contact information
    117 37Th St, Unit D 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
    117 37Th St, Unit D Mexico Beach, FL 32456
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