Detached Single Family

MLS: 328962

402 Georgia Ave Mexico Beach, FL 32456

$399,000

3 Beds
2 Bath
1352 SQFT
  • Bedrooms: 3 Beds
  • Bathrooms: 2 Bath
  • Area:1352 sq ft
  • Stories
  • Property Type:Detached Single Family
  • Acreage:0.344
  • Construction:Vinyl Siding
  • Lot Dimensions:150x200
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.
  • Guest Quarters
  • Needs Work
  • Pantry
  • Walls Paneled
  • Washer/Dryer Hookup
  • Driveway
  • Cable Available
  • Electricity Connected
  • Internet Available
  • Phone Available
  • Sewer Connected
  • Tap Fee Paid
  • Water Connected
From Hwy 98 turn on Fifth St. Turn right on Georgia Ave, property will be on your left.

Sabrina Burke

1-850-227-5321

Property information provided by the Forgotten Coast REALTOR® Association, Inc. 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. This data is deemed reliable but is not guaranteed accurate by the MLS.

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