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    1201 Highway 98 Mexico Beach, FL 32456

    For Sale
    $1,185,000

    Residential Lots/Land - Mexico Beach, FL

    Lot size:
    0.12 Acres
    Days on Market:
    203
    Last Refresh:
    Dec 12 at 2:06 am

    Property Features for 1201 Highway 98

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04401-000-000
    Lot size
    0.12 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Rish Real Estate Group (850) 227-9600

    Listing agent William Rish, Jr (850) 227-9600

    Listing date May 24, 2025

    MLS# 322072 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

    Waterfront Lot in Mexico Beach

    This prime waterfront lot has benefited from a recent gulf front beach renourishment project, adding hundreds of feet of beach seaward. The 67-foot wide gulf front lot allows for a larger than average building footprint. Located in the heart of Mexico Beach, it is one of the few remaining waterfront lots in the area. Sewer and water are adjacent to the property. Mexico Beach is experiencing new building projects. This property is located in a quaint "Old Florida" coastal town.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Spa & Massage Realty agency Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Mexico Beach
    County
    Gulf
    State
    Florida
    Longitude
    -85.405695758266
    Latitude
    29.939179404243

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    FAQs

    What type of property is this?
    Land - Prime gulf front lot with westerly sunset views in Florida.
    Where is this land located?
    The property is located at 1201 Highway 98 Mexico Beach, FL.
    What is the asking price?
    The asking price for this property is $1,185,000.
    What are key features of this property?
    This property features: - Prime waterfront lot with newly renourished beach, adding hundreds of feet of beach.; - Aggressively priced compared to other gulf front lots on the market.; - Breathtaking, year-round westerly sunset views.
    (850) 227-9600
    Request Owner's contact information
    1201 Highway 98 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
    1201 Highway 98 Mexico Beach, FL 32456
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