402 Georgia Ave
Mexico Beach, FL
House
$399,000
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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| 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 |
| 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 |
| 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 |
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.