# 106 N 38th St, Mexico Beach, FL 32456

> **TL;DR:** land, $1,200,000.
> Waterfront, View. Est. $5,200/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,200,000 |
| Lot Size | 10,019 sqft (0.23 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,200 |
| **Total** | **$5,200** |

## Key Amenities

- Waterfront
- View

## Property Highlights

- 0.23 acre lot
- Waterfront

## Description

### Agent Description
Imagine owning a rare canal front corner lot in picturesque Mexico Beach, FL - a private cul-de-sac location with immediate water access, room for more than one boathouse, and all the conveniences of beachside living within a half mile. This is a unique investment opportunity for boat owners, builders, and vacation rental investors who want prime Gulf Coast access without the premium price of direct gulf front. A corner lot on the canal provides expanded water frontage (approximately 135+/- feet on one side and 36+/- feet on the other), giving you flexibility for dock placement, additional boathouse structures, and multiple boat slips. A fisherman's delight! Located on the north side of Hwy 98 in a somewhat private section of Mexico Beach, this lot sits at the end of a quiet cul-de-sac - ideal for privacy while remaining close to community amenities. Enjoy the convenience of a quick golf cart or bike ride to pristine beaches-perfect for vacationers, renters, and owners who want easy access to sun and surf. All essential services, dining, and shopping are within approximately a half mile, making daily life and rental stays effortless and attractive to visitors. Miles of beach to explore and sunsets to enjoy.

## Location

- **Address:** 106 N 38th St, Mexico Beach, FL 32456
- **Neighborhood:** No Named Subdivision
- **Coordinates:** 29.9522357, -85.4229072
- **Google Maps:** https://www.google.com/maps?q=29.9522357,-85.4229072

## Listing Agent

- **Name:** Allen Gaddis
- **Brokerage:** Forgotten Coast Realty Of Nw Florida
- **Phone:** 8503400856
- **Email:** agaddis@buytheforgottencoast.net

## Primary Photo

![106 N 38th St - Primary Photo](http://lh.rdcpix.com/585b45853000aba9698148dae764181bl-f3948996105r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/106-n-38th-st-mexico-beach-fl-32456-l324412)*

---

**MLS#:** 324412 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/106-n-38th-st-mexico-beach-fl-32456-l324412)

---

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