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1002 Hwy 98, Mexico Beach, FL 32456
$1,050,000
1002 Hwy 98, Mexico Beach, FL 32456View this property at 1002 Hwy 98, Mexico Beach, FL 32456
1002 Hwy 98Mexico BeachFL32456
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Property Description
Introducing Moorejito, the ultimate investment opportunity! This stunning custom-built 3-story townhome in flood zone X, is directly across from the white sands of Mexico Beach. With its panoramic views and easy beach access, this property is perfect for both residential living and short-term rentals. As you enter the first floor, you are greeted by a cozy open living area and spacious kitchen. The kitchen is equipped with an induction stove, microwave drawer, and adjacent bar perfect for cooking/entertaining. This home provides sleeping/dining room for 9 people with a half bath on the ground level. Moving up to level 2, you find bdrm 2, a bunkroom, and a full bath w/ shower/tub combo. Tucked into a bonus storage closet, you will find a full-size laundry. Sliding glass doors in bdrm2 opens up onto deck, featuring gorgeous gulf views at sunrise/sunset. Level 3 is dedicated to the primary suite with sliding glass doors leading onto balcony, allowing for morning coffee or evening cocktails while taking in the Gulf views. The primary bdrm boasts a wet bar with a mini fridge and a luxurious spa-style bathroom. Unwind in the oversized standalone tiled shower or indulge in a relaxing bath, embracing the beach lifestyle. Additionally, this townhome comes with an extra lot that currently serves as outdoor living space and parking. Managed by Vacasa, this home has a yearly rental income projection of $ 51,100-79,700 depending on owner occupancy. Architectural drawing plans for 3 additional townhomes are included with this listing, offering the opportunity to expand your investment portfolio. Please note that these plans will require engineering and FL permitting. Adjacent lots available for purchase MLS #315915 provide more information on these lots. Don't miss out on this one-of-a-kind townhome! Schedule today to view and explore the potential it holds for your investment portfolio. Owner financing to qualified buyer with 10%DWN 20YR Amortization at 6% interest. --
Full Property Details
Full Property Details for 1002 Hwy 98
General
- Sold For: $1,050,000
- Status: Closed
- Type: Single Family
- MLS ID: 315971
- Added to Site: 162 day(s) ago
Interior
- Rooms/Areas: Carpeted, Sitting Area, Walk-in Closet
- Interior Features: Carbon Monoxide Detector, French Door, Inside Storage, Lighting Recessed, Lock Out Closet, Pantry, Smoke Detector, Walk-in Closet, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Painted
- Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Exhaust Fan, Microwave, Oven Self Cleaning, Range Hood, Refrigerator w/Ice Maker, Stove/Oven Electric, Water Heater Electric
- Furnishings: Furnished
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: BBQ Pit/Grill, Landscaped, Shower
- Porch/Patio/Deck: Balcony, Open Patio
Parking
- Parking Features: Driveway
Location
- Area: Mexico/St. Joe Beach
- Subdivision: Mexico Beach
- Driving Directions: West on Hwy 98 on the right before 11th St. Green Townhouse on the right.
Heating & Cooling
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Custom, Townhouse, Tri-Level
- Construction Status: Construction Complete
- Exterior Const.: HardiPlank Type
- Square Feet: 1,616
- Living Area: 1,616 Sq. Ft.
- Year Built: 2021
Unit Information
- Occupancy Rate: Tenant
Lot Features
- Lot Dimensions: 18 x 75
- Lot Features: Additional Land Available, Cleared, Survey Available, Within 1/2 Mile of Water
- Fencing (Description): Back Yard
Water Features
- Water View: Yes
Financial Considerations
- Terms: Cash, Conventional, FHA, Owner Will Carry, VA Loan
Disclosures and Reports
- Special Conditions: As Is
- Legal Description: MEXICO BEACH U-2 (2.01) SELY 16.20' OF LOT 2 BLK P ORB 4670 P 931
- Inclusions: Fully Furnished
- Flood Zone Info: X
Listed by Anchor Realty Florida
Sold by Nonmember Office
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Schools
Schools serving 1002 Hwy 98
School District:Gulf
Rating | Name | Grades | Distance |
---|---|---|---|
7800 Tyndall Pkwy, Panama City, FL 32403 | PK-5 | 15.8 mi | |
7115 E Highway 22, Panama City, FL 32404 | PK-5 | 17.8 mi | |
640 S Highway 22 A, Panama City, FL 32404 | PK-5 | 17.9 mi | |
Everitt Middle School
608 School Ave, Panama City, FL 32401 | 6-8 | 19.8 mi | |
600 W 11th St, Panama City, FL 32401 | 6-8 | 22.4 mi | |
5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 22.9 mi | |
Gulf Virtual Franchise
150 Middel School Rd, Port St. Joe, FL 32456 | 9-12 | 12.4 mi | |
1000 School Ave, Panama City, FL 32401 | 9-12 | 20.2 mi | |
924 Bay Ave, Panama City, FL 32401 | 9-12 | 21.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1002 Hwy 98
Date
Details
Price
Change
Source
3/22/2024
Sold
$1,050,000
-4.55%
MLS
12/08/2023
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1002 Hwy 98, Mexico Beach, FL 32456 (MLS# 315971) is a Single Family property that was sold at $1,050,000 on March 22, 2024. Want to learn more about 1002 Hwy 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.