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Beachfront Duplex with Private Boardwalk

13031305 Hwy 98, Mexico Beach, FL 32456

For Sale
New
$4,160,000

Residential, Mexico Beach, FL

Property Size5,420 SF
Lot Size0.12 Acres
Price / SF$767.53
Days on Market2

Property Features for 13031305 Hwy 98

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description City, Residential Multi-Family, Residential Single Family
Bedrooms 10
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 1, Bathroom 8, Bathroom 2, Bedroom 7, Laundry Room, Bedroom 6, Bathroom 6, Bathroom 7, Laundry Room, Bedroom 5, Bathroom 5, Bedroom 4, Bedroom 8, Dining Room, Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 3, Game Room, Bathroom 1, Bedroom 9, Bedroom 10
Parking 2
Parking features Driveway
Spa 1
Window features Window Treatments, Storm Window(s)
Patio and Porch features Deck, Patio, Porch
Interior features Open Floorplan, Breakfast Bar, Elevator, Newly Painted, Recessed Lighting, Renovated, Split Bedroom
Exterior features Renovated, Shore Beach, Shore Natural, Outdoor Shower
Accessibility Accessible Elevator Installed
Appliances Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Microwave, Refrigerator w/Ice Maker, Washer
Subdivision No Named Subdivision
Lot features Landscaped, Flood Insurance Required, Waterfront, Within 1/2 Mile of Water
View Water
Directions Going east on HWY 98 unit is gulf front, across the road from the Club at Mexico Beach
Standard status Active
APN 04396000000
Size 5,420 SF
Lot size 0.12 Acres

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Description 1303 -MEXICO BEACH UNIT #2 BEG AT NE COR LOT 2 BL 1305 - MEXICO BEACH UNIT #2 COMM AT THE NELY COR LOT 2 BLK J TH NW 33.35 FOR POB TH CONT N51-11W 33.35', S38-48W 80', S51-11E 33.35', N38-48E 80' TO POB SUBJ TO ESMNT ORB 3395 P 1587 ORB 4485 P 1663
Legal Description 1303 -MEXICO BEACH UNIT #2 BEG AT NE COR LOT 2 BL 1305 - MEXICO BEACH UNIT #2 COMM AT THE NELY COR LOT 2 BLK J TH NW 33.35 FOR POB TH CONT N51-11W 33.35', S38-48W 80', S51-11E 33.35', N38-48E 80' TO POB SUBJ TO ESMNT ORB 3395 P 1587 ORB 4485 P 1663

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Electric, Zoned, Ceiling Fan(s), Central Air, Ductless, Multi Units
Water source Public
Water front 1

Amenities

decks
private boardwalk
hot tubs

Building Details

Year built 2008
Floors in Building 2
Flooring type Tile, Tile - Ceramic, Porcelain
Building materials Frame, HardiPlank Type
Listing Agency: Forgotten Coast Realty Of Nw Florida
Listed By: Teresa Carlton · License FL #3067146
Added: Nov 8 Last Checked: Nov 9 at 9:06PM
MLS# 329923

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

Built in 2008, this beachfront duplex contains two residences, each configured with five bedrooms and four bathrooms. Both sides are furnished and have expansive decks, hot tubs, and access to a private boardwalk leading to the sand. The property also includes an elevator and outdoor showers.

The duplex is in Mexico Beach, Florida, along Hwy 98. Both residences are active on the rental market. Public water and sewer serve the property.

Key Highlights

  • Two residences, each with 5 bedrooms and 4 bathrooms
  • Private boardwalk provides direct access to the beach
  • Expansive decks and a hot tub on each side

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby

Demographics for 32456, FL

7,439
Population
6,252
Households
1.2
Avg Household Size
55
Median Age
37%
College-Educated
96%
High-School Grad
106.2 sq mi
ZIP Area
70
Density / Sq Mi
$73,723
Median Household Income
$38,630
Median Earnings
$1,363
Median Rent
$338,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers five bedrooms, four bathrooms, furnished interiors, and an expansive deck.
Where is this duplex located?
The property is located at 13031305 Hwy 98 Mexico Beach, FL.
What is the asking price?
The asking price for this property is $4,160,000.
What are key features of this property?
This property features: Two residences, each with 5 bedrooms and 4 bathrooms; Private boardwalk provides direct access to the beach; Expansive decks and a hot tub on each side
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