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$2,999,000
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Property Description
Experience elevated coastal living in this brand-new Gulf-facing home in the heart of Mexico Beach. Perfectly positioned this newly constructed residence offers unobstructed water views, expansive covered porches, and seamless indoor-outdoor living. The beachfront directly across is city-owned and dedicated as undevelopable, preserving long-term view corridors. Inside, you'll find a bright, open-concept floor plan with soaring ceilings, abundant natural light, and wide-plank wood flooring throughout. The spacious living and dining areas flow effortlessly into a chef's kitchen featuring quartz countertops, custom cabinetry, stainless steel appliances, a gas range, and a large island designed for gathering. This exceptional home features 8 spacious bedrooms--each with its own private en-suite bath, delivering unmatched comfort, privacy, and rental flexibility. The primary suite is a true retreat with private balcony access and breathtaking Gulf views, complemented by a spa-like bath with a walk-in shower. Step outside to enjoy your private pool and hot tub, creating a true resort-style setting just steps from the beach. Multiple covered balconies offer ideal spaces for morning coffee, sunset views, and coastal breezes, while the outdoor shower adds convenience after a day on the sand. Designed for both luxury living and strong income potential, the generous layout comfortably accommodates large groups. No flood insurance required. Strong short-term rental potential with high occupancy appeal due to bedroom count, en-suite layout, and proximity to the beach. With its prime location, protected Gulf views, rare 8 en-suite bedroom design, and resort-style amenities, this home offers space, style, and exceptional investment potential in one of Florida's most desirable coastal communities.
Full Property Details
Full Property Details for 200 Hwy 98
General
- Price: $2,999,000
- Taxes: $7,494 (2024)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 782692
- Updated: 4/13/2026
- Added to Site: 119 day(s) ago
Interior
- Number of Rooms: 8
- Appliances: Gas Range, Gas Water Heater
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, In Ground, Private
Exterior
- Porch/Patio/Deck: Balcony
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: From Tyndall Air Force Base, continue into Mexico Beach on Hwy 98 towards 2nd street. Property on left hand side of the intersection of 2nd and Hwy 98.
School Information
- Elementary School: Port St. Joe
- Middle School: Port St. Joe
- High School: Port St. Joe
Community
- Community Name: 05 - Bay County - East
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Coastal
- Construction: HardiPlank Type
- Roof: Metal
- Sq. Ft. Source: Plans
- Year Built: 2025
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Lot Size: .17
- Lot Dimensions: 50 x 150
- Frontage: City Street
Financial Considerations
- Tax Amount: $7,494
- Tax Year: 2024
Disclosures and Reports
- Legal Description: MEXICO BEACH UNIT #1 LOT 1 BLK 1 ORB 4615 P 270
- Property ID: 04224-000-000
Listed by Waves & Woods Realty, LLC
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Schools
Schools serving 200 Hwy 98
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tyndall Elementary School 7800 Tyndall Pkwy, Tyndall Air Force Base, FL 32403 | PK-8 | 16.6 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 20.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 200 Hwy 98
Date
Details
Price
Change
Source
2/19/2026
Price Increased
$2,999,000
15.79%
MLS
12/15/2025
Listed
$2,590,000
393.33%
MLS
9/28/2022
Sold
$525,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 200 Hwy 98
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,229
-4%
$445,000
-1%
2024
$7,494
-2%
$448,250
—
2023
$7,684
51%
$448,250
49%
2021
$5,080
-7%
$300,000
-17%
2022
$5,489
8%
$361,250
34%
2021
$5,080
15%
$270,000
15%
2019
$4,412
26%
$235,620
10%
2018
$3,507
7%
$214,200
7%
2017
$3,273
4%
$200,000
5%
2016
$3,144
4%
$190,000
8%
2015
$3,034
10%
$175,450
10%
2014
$2,753
21%
$159,500
10%
2013
$2,267
—
$145,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 200 Hwy 98
200 Highway 98, Mexico Beach, FL 32456 (MLS# 782692) is a Single Family property with 8 bedrooms and 8 full bathrooms. 200 Highway 98 is currently listed for $2,999,000 and was received on December 16, 2025. Want to learn more about 200 Highway 98? Do you have questions about finding other Single Family real estate for sale in Mexico Beach? You can browse all Mexico Beach real estate or contact a Coldwell Banker agent to request more information.

