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Mexico Beach 32410 Mexico Beach
110 32nd Street
Photo of 110 32nd Street
Sold on Feb 8, 2021

15

Map

Photo of 110 32nd Street
Photo of 110 32nd Street
$339,000
● Land - Off Market

110 32nd Street

Mexico Beach, FL 32410
bedrooms
Studio
bathrooms
0 Bath
$418,501
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

PRICE REDUCED! BRING OFFERS!! SELLER MOTIVATED!! Zoned for tri-plex. Investment Opportunity!!! Gulf View lot on Beachside of Hwy 98 in Mexico Beach, FL. This lot measures 75' x 114'. Great Investment opportunity with this property!! There was a triplex on this property Pre-Hurricane Michael. Zoning is High Density Residential. Height maximum 32'. Located in X Flood Zone. There are 3 water meters with this property. Property is seaward of Coastal Construction Line so will need DEP approval.
Unit Size
-
Days on Market
389 days
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$582
HOA Dues
-
Year Built
1980

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 25 days ago ( #692889)

Price History

Date / Event Date Event Price
Feb 16, 2021 Sold
Premium
Sold
Jan 15, 2020 Listed by Forgotten Coast Realty of NW Florida LLC $329,000
Listed by Forgotten Coast Realty of NW Florida LLC
Jul 27, 2017 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 6
  • Full Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 3
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,537
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,764
  • Gross Building Area: 2,268
  • Building Area: 1,764
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,764
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: MEXICO BEACH
  • Land Acres: 0000000196
  • Standard Land Use Code: 8000
  • County Land Use Code: 08
  • State Land Use Code: 08
  • Legal Description 1: MEXICO BEACH UNIT 4 235C2 LOT 11 BLK K ORB 4364 P 1

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 000600

Zoning

  • Zoning: TRES

Geography

  • Parcel: 04538-000-000
  • Block: K
  • Lot: 11
  • Meridian: SEC 23 TWN 06S RNG 12W
  • Municipality: CITY OF MEXICO BEACH
  • Latitude: 29.9483
  • Longitude: -85.4204

    Address

  • Full Address: 110 S 32nd St
  • Legal Unit: 4
  • Address - House Number: 110
  • Street Direction: S
  • Address - Street Name: 32nd
  • Address - Suffix Type: St
  • State: FL
  • City Name: Mexico Beach
  • Carrier Code: H007
  • 4-Digit Zip Code: 0289
  • Zip Code: 32456

Valuation

    Tax

  • Total Area: 1,915
  • Tax Year: 2023
  • Tax Amount: $587,170
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 008

    Market Valuation

  • Market Total Value: $362,250
  • Market Land Value: $362,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333,246

    Sales

  • Current Sale Contract Date: Jan 29, 2021
  • Current Sale Recording Date: Feb 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021010939
  • Previous Sale Recording Date: Jul 27, 2017
  • Previous Sale Contract Date: Jul 12, 2017
  • Previous Sale Amount: $470,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mexico Beach

Stats & Trends

Median Asking:

$785,000

Sale Price/ft²

$461

Below Asking

0.01%

Average Days on Market

189

Average Home Size

1347 ft²

Average Home Age

12 years

Currently For Sale

36 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Frequently Asked Questions

When was property at 110 32nd Street built and last sold?
The property at 110 32nd Street was built in 1980 and last sold on Jan 29, 2021 for $339,000.
How much is this home worth?
The estimated value of the home located at 110 32nd Street is $332,290.
What are some comparable homes to 110 32nd Street?
There are currently no comparable homes to 110 32nd Street.
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