X Flood and beach side of Hwy 98 makes this a perfect location for your investment or forever home... RARE Mexico Beach lot with approved architectural plans. Home Site Plan concept includes a parking pad large enough to park boat/trailer, fish cleaning station, Pool with 10 foot ceilings. Just steps away from the gorgeous Gulf of Mexico where you can watch the dolphins play, amazing sunsets, and spend mornings and evenings walking the beach. Let's make your dream of living on the beach a reality.
Property Details
Property Features
Listing Office:
Office Name: EXP Realty LLC
Exterior Features
Exterior Information:
View: Gulf
Lot Features
Lot Information:
Lot: Cleared
Lot Size: 0.15 Acres
Other
Directions Information:
Directions: From Highway 98, turn onto 42nd St., lot is on right, see sign.
Price Information
Listing Price Info
Price Summary:
List Price: $499,000
Tax Information:
Annual Amount: $3,452
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Mexico Beach, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,558
Per Month
Principal & Interest
$2,491
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,563
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Port St. Joe Elementary School
2201 Long Ave
Distance between this listing and this school13.58 miles
Public District Grades PK-6
3
/10
Callaway Elementary School
7115 E Highway 22
Distance between this listing and this school16.30 miles
Public District Grades KG-5
3
/10
Parker Elementary School
640 S Highway 22 A
Distance between this listing and this school16.40 miles
Public District Grades PK-5
Nearby Schools
8
/10
Tyndall Academy
7800 Tyndall Pkwy
Distance between this listing and this school14.16 miles
Public District Grades PK-8
4
/10
Jinks Middle School
600 W 11th St
Distance between this listing and this school20.78 miles
Public District Grades 6-8
3
/10
Merritt Brown Middle School
5044 Merritt Brown Way
Distance between this listing and this school21.63 miles
Public District Grades 6-8
Nearby Schools
4
/10
Port St. Joe High School
100 Shark Dr
Distance between this listing and this school13.95 miles
Public District Grades 7-12
2
/10
Wewahitchka High School
1 Gator Cir
Distance between this listing and this school17.65 miles
Public District Grades 7-12
2
/10
Rutherford High School
1000 School Ave
Distance between this listing and this school18.62 miles
The neighbors living near this home have an average income of $48,621. Most Mexico Beach, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 116 42nd St
What is the listing price of this property?
The listing price of 116 42nd St property is $499,000.
What type of property is this?
The property 116 42nd St is land located in Mexico Beach, Florida, 32456.
Is this property for sale now?
Active Listing: 116 42nd St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,452 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 26, 2021 for $632,500. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 116 42nd St in Mexico Beach, FL and zip code 32456. This home sits on a 0.15 acre lot. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $499,000.
In November 2024 more than 1 listings in Mexico Beach, FL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 2 were sold below. While the average time on the market in November 2024 was 79 days, the median list price was $338,837.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Hunting
Hunting
Figure Skating
NASCAR
Wal-Mart
Dillards
Dollar General
Hardee's
Cracker Barrel
Applebees
Ram
Cadillac
Subaru
Classic Country
News/Talk/Information
New Country