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Mexico Beach 32456 Mexico Beach Business Center
111 12th Street
Photo of 111 12th Street

38

Map

Photo of 111 12th Street
Photo of 111 12th Street
$1,199,000
● House - For Sale

111 12th Street

Mexico Beach, FL 32456
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,904 Ft²
$6,797
Est. Monthly

About This Property

Welcome home to your beautifully built coastal getaway! Built in 2024, this single owner elevated two story home checks ALL of the boxes! The elevated construction provides peace of mind and shaded parking,  and a great view of the beautiful blue waters of the gulf! Positioned on a spacious, private and nicely manicured lot, you'll have ample places to appreciate the forgotten coast. Expansive porches provide the perfect place to enjoy your morning coffee, or evening cocktail as well! The floorplan is extremely well done, maximizing every square foot to provide 4 bedrooms and 3 1/2 baths without feeling crowded. Most importantly, you're STEPS from the pristine white sands of Mexico Beach!
Unit Size
1,904 Ft²
Days on Market
6 days
Land Size
0.24 acres
Price per sqft
$630
Property Type
House
Property Taxes
$909
HOA Dues
-
Year Built
-

Listed By

Jesse A Cole
[email protected]
Counts Real Estate Group

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 6 days ago ( #796843)

Price History

Date / Event Date Event Price
Oct 13, 2026 Listed by Counts Real Estate Group $1,199,000
Listed by Counts Real Estate Group
Oct 30, 2018 Sold
Premium
Sold
Jun 16, 2014 Sold
Premium
Sold
Apr 15, 2005 Sold
Premium
Sold

Property Highlights

Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Appliances: Gas Range, Gas Water Heater, Tankless Water Heater
Rooms: 4
Exterior Details
Square Footage: 1904
Square Footage Source: $0
Architectural Style: Contemporary
Year Built: 2024
Building Area Total: 1904
Levels: Two
Lot Size Area: 0.24
Lot Size Units: Acres
Lot Size Acres: 0.24
Lot Size Square Feet: 10454
Lot Size Dimensions: 120.0 ft x 90.0 ft
Financial Details
Tax Annual Amount: $10,907

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,759
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: MEXICO BEACH BUSINESS CENTER
  • Land Acres: 0000000247
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: MEXICO BEACH BUSINESS CENTER LOT 11 ORB 4056 P 1757

Neighborhood

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

Zoning

  • Zoning: MB01

Geography

  • Assessors Map Reference: MAP 235D3
  • Parcel: 04420-036-010
  • Lot: 11
  • Meridian: SEC 23 TWN 06S RNG 12W
  • Municipality: CITY OF MEXICO BEACH
  • Latitude: 29.9406
  • Longitude: -85.4041

    Address

  • Full Address: 111 12th St
  • Address - House Number: 111
  • Address - Street Name: 12th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Mexico Beach
  • Carrier Code: H003
  • 4-Digit Zip Code: 7041
  • Zip Code: 32456

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $262,618
  • Tax Rate Code Area: 008

    Market Valuation

  • Market Total Value: $208,863
  • Market Land Value: $208,863

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,021

    Sales

  • Current Sale Contract Date: Sep 26, 2018
  • Current Sale Recording Date: Oct 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018061626
  • Previous Sale Recording Date: Jun 16, 2014
  • Previous Sale Contract Date: Jun 10, 2014
  • Previous Sale Amount: $30,000
  • 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 Business Center

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

1904 ft²

Average Home Age

2 years

Currently For Sale

1 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

Rentals Near You

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Frequently Asked Questions

When was property at 111 12th Street built and last sold?
The property at 111 12th Street was built in and last sold on Sep 26, 2018 for $105,000.
How much is this home worth?
The estimated value of the home located at 111 12th Street is $1,210,990.
What are some comparable homes to 111 12th Street?
There are currently no comparable homes to 111 12th Street.
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