Discover the possibilities this exceptional 150' x 200' double-lot property has to offer in the heart of Mexico Beach. Located approximately 1/4 mile from public beach access, this Residential General (RG) zoned property is situated in the desirable X Flood Zone, allows short-term rentals, and has no HOA fees, making it an excellent opportunity for a vacation getaway, investment property, or future development. The property currently features a fully furnished mobile home that successfully withstood Hurricane Michael and is presently being used as a short-term rental. While the home could benefit from a little TLC, it offers immediate income-producing potential with opportunities for future improvements. The home is being sold as-is, with the seller making no repairs. One of the property's most unique features is its future development potential. Subject to prior approval from the City of Mexico Beach and all applicable regulations, if the existing structure is removed, the property may be divided back into its two original platted lots, each measuring approximately 75' x 100'. Whether you're looking for a rental investment, a beach getaway, or a property with long-term development flexibility, this offering presents opportunities that are becoming increasingly difficult to find in Mexico Beach. All information is believed to be accurate but should be independently verified by the buyer and buyer's agent during the due diligence period.
Utilities for property: Cable Available, Electricity Connected, Internet Available, Phone Available, Sewer Connected, Tap Fee Paid, Water Connected, City Trash
Community & HOA
Community
Subdivision: No Named Subdivision
Location
Region: Mexico Beach
Financial & listing details
Price per square foot: $295/sqft
Tax assessed value: $344,068
Annual tax amount: $5,214
Date on market: 7/15/2026
Listing terms: Cash,Conventional,FHA
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/15/2026
Listed for sale
$399,000+73.5%$295/sqft
Source: Forgotten Coast Realtor Association #328962Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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