404 New Mexico Dr
Mexico Beach, FL 32456
4 bd 3 ba 1,998 sqft Built 2003 Lot 15,682 sqft single_family
Most recent sale
$650,000
May 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 12, 2022 | Sold | $650,000 | MLS #724076 |
| Apr 21, 2022 | Relisted | $650,000 | MLS #724076 |
| Mar 24, 2022 | Listed | $650,000 | MLS #724076 |
| Mar 21, 2022 | Listed | $650,000 | MLS #310493 |
| Mar 31, 2015 | Sold | $298,000 | MLS #253605 |
| Feb 5, 2015 | Listed | $319,900 | MLS #628445 |
| Feb 4, 2015 | Listed | $319,900 | MLS #253605 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $550,721 | $8,259 |
| 2023 | $400,318 | $123,600 | $523,918 | $8,981 |
| 2022 | — | — | $261,014 | $3,654 |
| 2021 | $191,612 | $61,800 | $253,412 | $3,708 |
| 2020 | $193,886 | $56,650 | $250,536 | $3,886 |
| 2019 | $126,225 | $50,470 | $176,695 | $2,507 |
| 2018 | — | — | $248,150 | $3,703 |
| 2017 | $201,846 | $41,200 | $243,046 | $3,317 |
| 2016 | $204,689 | $38,110 | $242,799 | $3,351 |
| 2015 | $150,609 | $49,234 | $199,843 | $3,341 |
| 2014 | — | — | $197,291 | $2,639 |
| 2013 | — | — | $199,332 | $2,503 |
| 2012 | — | — | $206,251 | $2,629 |
| 2011 | — | — | $210,837 | $2,683 |
| 2010 | — | — | $217,006 | $2,749 |
| 2009 | — | — | $209,548 | $2,658 |
| 2008 | — | — | $209,339 | $2,449 |
| 2007 | — | — | $203,242 | $2,527 |
Property facts
Year built
2003
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
1,998 sqft
Lot size
15,682 sqft
ZIP code
32456
City
Mexico Beach
Street
New Mexico Dr
Coordinates
29.93760, -85.39490
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,696
Gross rental yield
6.82%
Implied cap rate
4.44%
Trend-extrapolated value
—
Frequently asked questions
When did 404 New Mexico Dr last sell?
404 New Mexico Dr most recently sold on May 12, 2022 for $650,000.
What is the current tax assessment for 404 New Mexico Dr?
The most recent total assessment for 404 New Mexico Dr (year 2025) is $550,721 with $8,259 in property tax.
How does 404 New Mexico Dr's assessment compare to its last sale price?
The current assessment is 15.3% below the last sale price of $650,000.
When was 404 New Mexico Dr built?
404 New Mexico Dr was built in 2003.
How does 404 New Mexico Dr compare to others on New Mexico Dr?
We track 8 other properties on New Mexico Dr. Browse the list under "Other properties on New Mexico Dr" to compare beds, baths, and sale history.
What are the property facts for 404 New Mexico Dr?
404 New Mexico Dr is a 4 bed, 3 bath, 1,998 sqft, 15,682 sqft lot single_family.
Is 404 New Mexico Dr a flip candidate?
No — 404 New Mexico Dr does not appear in our flips dataset.
Is 404 New Mexico Dr a tax-appeal candidate?
No — 404 New Mexico Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$505.9K
2026 Q4
$499.5K
ZIP 32456 — Median Price History + Forecast
Explore nearby
Geography
Other properties on New Mexico Dr