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    118 42Nd St Mexico Beach, FL 32456

    For Sale
    $479,000

    Residential Lots/Land - Mexico Beach, FL

    Lot size:
    0.15 Acres
    Days on Market:
    123
    Last Refresh:
    Dec 11 at 10:06 pm

    Property Features for 118 42Nd St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04715-000-000
    Lot size
    0.15 Acres

    Building Details

    Architectural style
    Other

    MEXICO BEACH HARMON REALTY, INC (850) 648-5767

    Listing agent Ryan Harmon (850) 648-5767

    Listing date Aug 11, 2025

    MLS# 321263 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 Beachside Residential Lot

    This 0.15-acre lot is located steps from the beach and offers a suitable location for a single-family home. It is positioned to potentially serve as an income-producing vacation rental. Engineered building plans for a 4,000+ square foot private home with a pool are included. Water and sewer taps are paid. The lot is landward of the Coast Construction Control Line, eliminating the need for DEP permitting. The property is within walking distance of the beach, canal, boat ramp, marina, Shell Shack, Beach Planet, and the Forgotten Coast Brewery.
    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
    -85.427573
    Latitude
    29.951688

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    FAQs

    What type of property is this?
    Land - Residential lot near white sandy beaches, ideal for vacation rental.
    Where is this land located?
    The property is located at 118 42Nd St Mexico Beach, FL.
    What is the asking price?
    The asking price for this property is $479,000.
    What are key features of this property?
    This property features: - Gulf view lot steps to white sandy beaches.; - Ideal for income-producing vacation rental.; - Engineered building plans for 4,000+SF home with pool included.
    (850) 648-5767
    Request Owner's contact information
    118 42Nd 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

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    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
    118 42Nd St Mexico Beach, FL 32456
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