About This Home
This 3-bedroom, 2-bathroom single family at 402 Georgia Ave in Mexico Beach, FL is listed for $399,000 ($295 per sqft). Built in 1971, the home offers 1,352 sqft of living space on a 0.69 acres lot.
Key Features
- Built in 1971
- 0.69 acre lot
- 2 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$2,134/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
402 Georgia Ave
Mexico Beach, FL 32456
No Named Subdivision
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 402 Georgia Ave is listed at $399,000 ($295/sqft). The estimated monthly payment is $2,134 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1971, 0.69 acre lot, 2 parking spaces. Interior Features: In-Law Floorplan, Needs Work, Pantry. Exterior Features: Outdoor Shower.
This property is listed by Julie Gardner and can be reached at 2299443163.
