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2501 Highway 98

Mexico Beach, FL 32456

3 bd 3 ba 1,600 sqft Built 2021 Lot 2,178 sqft townhomes
Most recent sale
$548,000
Feb 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 23, 2022 Sold $548,000 MLS #309851
Jan 14, 2022 Listed $548,000 MLS #309851
Jul 20, 2018 Sold $305,000 MLS #259753
Sep 8, 2017 Sold $305,000 Public Record
Aug 30, 2017 Sold $305,000 CPARMLS
Jul 14, 2017 Listed $319,000 MLS #259753
Mar 19, 2013 Listing removed $253,000 ForgottenCoastMLS
May 24, 2012 Price changed $253,000 MLS #247108
May 1, 2012 Listed $270,000 MLS #247108
Oct 6, 2006 Sold $415,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $288,056 $175,305 $463,361 $7,943
2021 $94,395 $94,395 $1,653
2020 $110,577 $110,577 $2,061
2019 $109,740 $109,740 $2,043
2018 $149,584 $109,740 $259,324 $4,536
2017 $129,479 $96,768 $226,247 $3,557
2016 $131,799 $60,709 $192,508 $3,185
2015 $134,119 $56,502 $190,621 $3,188
2014 $187,762 $3,156
2013 $186,089 $2,909
2012 $189,771 $2,985
2011 $202,353 $3,152
2010 $253,499 $3,893
2009 $256,089 $3,962
2008 $323,327 $4,627
2007 $303,574 $4,305

Property facts

Year built
2021
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,600 sqft
Lot size
2,178 sqft
ZIP code
32456
City
Mexico Beach
Street
Highway 98
Coordinates
29.94589, -85.41534

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,960
Gross rental yield
6.48%
Implied cap rate
4.21%
Trend-extrapolated value

Frequently asked questions

When did 2501 Highway 98 last sell?
2501 Highway 98 most recently sold on Feb 23, 2022 for $548,000.
What is the current tax assessment for 2501 Highway 98?
The most recent total assessment for 2501 Highway 98 (year 2023) is $463,361 with $7,943 in property tax.
How does 2501 Highway 98's assessment compare to its last sale price?
The current assessment is 15.4% below the last sale price of $548,000.
When was 2501 Highway 98 built?
2501 Highway 98 was built in 2021.
How does 2501 Highway 98 compare to others on Highway 98?
We track 8 other properties on Highway 98. Browse the list under "Other properties on Highway 98" to compare beds, baths, and sale history.
What are the property facts for 2501 Highway 98?
2501 Highway 98 is a 3 bed, 3 bath, 1,600 sqft, 2,178 sqft lot townhomes.
Is 2501 Highway 98 a flip candidate?
No — 2501 Highway 98 does not appear in our flips dataset.
Is 2501 Highway 98 a tax-appeal candidate?
No — 2501 Highway 98 is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$505.9K
2026 Q4
$499.5K
ZIP 32456 — Median Price History + Forecast

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