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    408 New Mexico Dr, Unit 14 Mexico Beach, FL 32456

    For Sale
    $169,900

    LAND - Mexico Beach, FL

    Lot size:
    0.36 Acres
    Days on Market:
    138
    Last Refresh:
    Dec 11 at 10:06 pm

    Property Features for 408 New Mexico Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Cleared
    Lot size
    0.36 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    The Naumann Group Real Estate, Inc. (850) 933-0328 [email protected]

    Listing agent Tammy Lee (850) 325-1681 License #3618898

    Listing date Jul 27, 2025

    MLS# 381478 Listing URL

    Copyright © 2025 Tallahassee Board 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

    Residential Land Near Mexico Beach

    This 0.36-acre lot is located a short walk from the beach in Mexico Beach, Florida. The property is partially cleared and suitable for building a home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Hair Salon Clothing Store Gym & Fitness Skin Care Clinic Kitchen & Bath Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Mexico Beach
    County
    Gulf
    State
    Florida
    Longitude
    -85.39445
    Latitude
    29.937992

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    FAQs

    What type of property is this?
    Land - Partially cleared lot, short walk to the beach.
    Where is this land located?
    The property is located at 408 New Mexico Dr, Unit 14 Mexico Beach, FL.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - Short walk to the beach; - Desirable location; - Large lot
    (850) 325-1681
    Request Owner's contact information
    408 New Mexico Dr, Unit 14 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
    408 New Mexico Dr, Unit 14 Mexico Beach, FL 32456
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