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704 Highway 98

Mexico Beach, FL 32456

2 bd 2 ba 1,177 sqft Built 2002 condos
Most recent sale
$480,000
Oct 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 5, 2022 Sold $480,000 MLS #312198
Aug 24, 2022 Listed $549,900 MLS #312198
Apr 11, 2013 Listed $149,900 MLS #249115
Apr 20, 2005 Sold $514,500 MLS #103722
Feb 2, 2005 Listed $525,000 MLS #103722

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $408,000 $408,000 $6,627
2023 $408,000 $408,000 $6,994
2020 $91,276 $91,276 $1,700
2019 $91,276 $91,276 $1,699
2018 $165,957 $165,957 $3,031
2017 $165,957 $165,957 $2,713
2016 $150,656 $150,656 $2,492
2015 $154,053 $154,053 $2,576

Property facts

Year built
2002
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,177 sqft
Lot size
ZIP code
32456
City
Mexico Beach
Street
Highway 98
Coordinates
29.93619, -85.40079

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
$2,177
Gross rental yield
5.44%
Implied cap rate
3.54%
Trend-extrapolated value

Frequently asked questions

When did 704 Highway 98 last sell?
704 Highway 98 most recently sold on Oct 5, 2022 for $480,000.
What is the current tax assessment for 704 Highway 98?
The most recent total assessment for 704 Highway 98 (year 2025) is $408,000 with $6,627 in property tax.
How does 704 Highway 98's assessment compare to its last sale price?
The current assessment is 15.0% below the last sale price of $480,000.
When was 704 Highway 98 built?
704 Highway 98 was built in 2002.
How does 704 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 704 Highway 98?
704 Highway 98 is a 2 bed, 2 bath, 1,177 sqft condos.
Is 704 Highway 98 a flip candidate?
No — 704 Highway 98 does not appear in our flips dataset.
Is 704 Highway 98 a tax-appeal candidate?
No — 704 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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