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$388,000

Beds
2
Baths
2.0
sq ft
912

202 3rd St, Mexico Beach, FL 32456

202 3rd St

Mexico Beach, FL 32456

  • 58 days on market
Welcome to your quaint Cape Cod coastal cottage in the heart of Mexico Beach. This charming cottage combines cozy comfort with incredible income versatility, ideal as a family getaway or a smart investment property. Step through the front door into a bright, open-concept living space, where the family room flows seamlessly into a well-equipped kitchen--perfect for preparing meals after a sun-drenched beach day. On the main floor, you'll find a spacious bedroom and a stylish, modern bathroom that make it easy to unwind in comfort. Head upstairs to discover a fully private efficiency apartment. This inviting space features a full bath and an open layout that maximizes comfort and functionality. With its own entrance, this upper-level retreat is ideal for guests, extended family, or rental potential. The property's location in an X Flood Zone means no flood insurance is required, and with no HOA fees. Mexico Beach is a golf cart-friendly community, giving you quick access to everything the area offers--from fresh seafood and along with a public boat ramp stroll the beach for miles and enjoy endless sunsets. Don't miss out on this perfect blend of relaxation and investment potential! Contact us today to schedule your private showing, explore the area, and experience the virtual 3D tour that truly brings this cottage to life.

Details

Property type

Single Family Residence

Est. home value

$324,895

Lot size

8,364 sq ft

Price per sq ft

$426

Year built

1983

Annual property taxes

$2,693

HOA

No

Price History

10/25/2024
CentralPanhandle

CentralPanhandle #764243

Listed
$388,000

Schools & Community

Elementary school: 

Port St. Joe

Middle school: 

Port St. Joe

High school: 

Port St. Joe

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Lewis M Jordan

Loan start date

June 2008

Original loan amount

$143,000

Est. remaining balance

Not provided

Interest rate

6.46%

Loan type

Seller take-back, 1 year

Seller

Eli L Velasquez and C Susan Velasquez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 3:45 PM

Listing updated: 11/13/2024 at 10:30 AM

Listed by: Kaye Haddock, Beach Properties Real Estate Phone #: (850) 227-2500

MLS: CentralPanhandle #764243

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