3
Map
116 8th Street
About This Property
Prime corner lot with Gulf views in the heart of Mexico Beach, Florida! Located at 116 8th Street, this ready-to-build homesite offers an incredible opportunity to build your dream beach home, vacation rental, investment property, or second home along Florida's beautiful Forgotten Coast.
Situated just one block from the sugar white sand beaches of the Gulf of America, this centrally located corner lot offers Gulf views, public beach access directly across Hwy 98, and is conveniently located across from Toucan's. Enjoy being close to local restaurants, shopping, parks, playgrounds, and the public boat ramp.
Mexico Beach is known for its peaceful coastal lifestyle, excellent fishing, boating, stunning sunsets, and uncrowded beaches. Whether you are looking for full-time coastal living, a relaxing beach retreat, or a short-term rental investment opportunity, this property offers an ideal location in one of the Gulf Coast's most desirable beach communities.
Conveniently located near Port St. Joe, WindMark Beach, Panama City, and Tyndall Air Force Base. Rare opportunity to own a Gulf view lot in Mexico Beach at a newly reduced price. Bring your builder and start planning your coastal dream home today!
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2025 | Listed by Counts Real Estate Group Inc | $315,000 | |
| Listed by Counts Real Estate Group Inc | |||
| Mar 24, 2025 | Price Decreased |
$375,000
↓ $24K
(6%) | |
| Price Decreased | |||
| Jan 13, 2025 | Listed | $398,900 | |
| Listed | |||
| | |||
|
Corner lot with gulf views centrally located! Walking distance to gulf. Ready to build.
| |||
| Oct 26, 2021 | Sold | ||
| Sold | |||
| Sep 27, 2021 | No longer available | - | |
| No longer available | |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017