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$599,900
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Property Description
Developer Investment Opportunity: Prime townhome lots #1 2 3 & 4 in Mexico Beach, Fl. Are you looking for an exceptional developer investment opportunity? Look no further than these four prime townhome lots located just a stone's through away from the pristine beaches of Mexico Beach. A perfect combination of location, accessibility, and potential for stunning views, these lots are ready for your development plans. Also approved for single family residence if desired. These townhome lots are conveniently situated just 3 lots from the beach, providing easy access to the gulf. This property is landward of the Coastal Construction Line (CCL), ensuring that your investment is well-positioned for both development and protection from coastal erosion. Imagine developing a townhome complex that offers residents and guests stunning gulf views and quick access to miles of beautiful beach. The potential for outdoor recreation, including fishing, kayaking, and beachcombing, will make these properties highly desirable for both short-term and long-term rentals. The growing popularity of Mexico Beach as a vacation destination presents an exciting investment opportunity. As more families and individuals seek coastal retreats, the demand for well-constructed townhomes will likely increase. By developing these lots, you can capitalize on this trend and create a property that stands out in a competitive market. These four townhome lots in Mexico Beach, FL offer a remarkable developer investment opportunity that should not be overlooked. With their prime location near the beach, stunning gulf views, and the ability to create a desirable living space, these properties are poised for success. Don't miss your chance.
Full Property Details
Full Property Details for 119 42nd St
General
- Price: $599,900
- Status: Active
- Type: Lots/Land
- Source: 933
- MLS ID: 324760
- Updated: 2/6/2026
- Added to Site: 109 day(s) ago
Location
- Area: Mexico/St. Joe Beach
- Subdivision: No Named Subdivision
- Driving Directions: In Mexico beach on Hwy 98 turn south on 42nd St and the lots are the 3rd from the beach on left.
Utilities
- Water: Gulf
- Utility Description: Electricity Available, Sewer Available, Tap Fee Paid, Water Available
Lot Features
- Lot Dimensions: 75 x 90
- Lot Features: Cleared, Level, Within 1/2 Mile of Water
Water Features
- Water View: Yes
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: See attached document.
- Restrictions: City Zoning
- Flood Zone Info: AE
- Property ID: 04693-010-000
Listed by Forgotten Coast Realty of NW Florida
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Schools
Schools serving 119 42nd St
School District:Gulf County School District
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 119 42nd St
Date
Details
Price
Change
Source
12/15/2025
Listed
$599,900
233.28%
MLS
12/21/2016
Sold
$180,000
—
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 119 42nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,512
10%
$103,803
19%
2024
$1,376
6%
$87,509
7%
2023
$1,296
17%
$81,937
21%
2022
$1,109
6%
$67,575
13%
2021
$1,051
-6%
$60,000
—
2019
$1,117
-55%
$60,000
-54%
2018
$2,459
14%
$130,484
-1%
2017
$2,148
11%
$131,276
12%
2016
$1,941
16%
$117,300
18%
2015
$1,669
—
$99,812
—
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 119 42nd St
119 42nd St, Mexico Beach, FL 32456 (MLS# 324760) is a Lots/Land property with a lot size of acres. 119 42nd St is currently listed for $599,900 and was received on December 15, 2025. Want to learn more about 119 42nd St? Do you have questions about finding other Lots/Land 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.

