402 Georgia Ave
Mexico Beach, FL

House

$399,000

Photo of property for sale at 402 Georgia Ave Mexico Beach

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.

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Property Details
MLS# 328962
Status Active
Date Listed July 15, 2026
Last Updated July 15, 2026
Property Type House (Detached Single Family)
Bedrooms 3
Bathrooms 2 full, 0 half
Sqft 1,352 H/C  /  1,436 Total
Pool Yes
Acreage 0.344
Lot Dimensions 150x200
Year Built 1971
RVs Allowed No
Taxes $5,214.00 in 2025
HOA No HOA Fees
Construction Details
Interior Guest Quarters, Needs Work, Pantry, Walls Paneled, Washer/Dryer Hookup
Appliances Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer
Exterior Shower
Energy Ceiling Fan(s)
Construction Vinyl Siding
Utilities Cable Available, Electricity Connected, Internet Available, Phone Available, Sewer Connected, Tap Fee Paid, Water Connected
Parking Driveway
Lot Improved Lot, Interior Lot, Within 1/2 Mile of Water
Land Access City Street, Paved
Area Information
Zip Code 32456
Area Mexico/St. Joe Beach
Sub-area Mexico Beach
Subdivision No Named Subdivision
Flood Zone X
Coordinates -85.3945095, 29.9351249
Legal Info MEXICO BEACH UNIT 12 LOTS 9 & 10 BLK 16 ORB 4443 P
Map Location

Due to new roads in our area, some properties may not show up in exactly the right location.

This listing is managed by Rish Real Estate Group.

Property information provided by the REALTOR’S® Association of Franklin and Gulf Counties, 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.