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Image 1 - 2503 Highway 98 Unit C, Mexico Beach, Florida, 32456 - House for sale

Image 2 - 2503 Highway 98 Unit C, Mexico Beach, Florida, 32456 - House for sale

Image 3 - 2503 Highway 98 Unit C, Mexico Beach, Florida, 32456 - House for sale

Image 4 - 2503 Highway 98 Unit C, Mexico Beach, Florida, 32456 - House for sale

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Image 7 - 2503 Highway 98 Unit C, Mexico Beach, Florida, 32456 - House for sale

Image 8 - 2503 Highway 98 Unit C, Mexico Beach, Florida, 32456 - House for sale

Highway Unit C, Mexico Beach, Home For Sale

2503 Highway 98 Unit C, Mexico Beach, Florida, 32456

Highway Unit C, Mexico Beach, Home For Sale

house for sale

Listed: 08/01/24

2503 Highway 98 Unit C, Mexico Beach, Florida, 32456

3 Bed:

3.5 Bath:

2,396 Sq Ft Living Area:

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Price

$ 550,000

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About This House

This remarkable property, located just a short stroll away from beautiful beaches, presents a unique opportunity for the discerning buyer. Previously affected by Hurricane Michael, this home is now ready to be restored to its former glory.Key Features:Reconstruction Ready: All necessary demolition work has been completed, offering a blank canvas for your vision. Electrical systems, windows, ductwork, and much of the plumbing are already in place.Versatile Potential: Whether you aim to create a dream home or a lucrative investment property, this space is primed for transformation. Neighboring units are operating as short-term rentals, generating impressive annual revenues of approximately $65k.Substantial Equity: With an After Repair Value (ARV) of $850k to $900k and a local licensed contractor's estimated rehab cost of … Full description

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Original listing

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Mexico Beach Housing & Living

Household Income

Median household income: $57,917

Number of households: 708

The average household income in Mexico Beach, FL grew from $54,554 to $57,917 in the past year. This data is an estimate based upon 708 households in Mexico Beach, FL.
The chart below presents how household income is distributed in Mexico Beach, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Mexico Beach, FL compared to median property taxes around the country. The prevalent amount of property taxes in Mexico Beach, FL equals <$800 , which is less than the national average.