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200 Highway 98, Mexico Beach, FL, 32456

8beds
8baths
4,500sqft
$2,999,000
$666price/sqft
$21,022/moest. monthly cost
$840,880/yrincome needed

About This Home

Experience elevated coastal living in this brand-new Gulf-facing home in the heart of Mexico Beach. Perfectly positioned this newly constructed residence offers unobstructed water views, expansive covered porches, and seamless indoor-outdoor living. The beachfront directly across is city-owned and dedicated as undevelopable, preserving long-term view corridors. Inside, you'll find a bright, open-concept floor plan with soaring ceilings, abundant natural light, and wide-plank wood flooring throughout. The spacious living and dining areas flow effortlessly into a chef's kitchen featuring quartz countertops, custom cabinetry, stainless steel appliances, a gas range, and a large island designed for gathering. This exceptional home features 8 spacious bedrooms--each with its own private en-suite bath, delivering unmatched comfort, privacy, and rental flexibility. The primary suite is a true retreat with private balcony access and breathtaking Gulf views, complemented by a spa-like bath with a walk-in shower. Step outside to enjoy your private pool and hot tub, creating a true resort-style setting just steps from the beach. Multiple covered balconies offer ideal spaces for morning coffee, sunset views, and coastal breezes, while the outdoor shower adds convenience after a day on the sand. Designed for both luxury living and strong income potential, the generous layout comfortably accommodates large groups. No flood insurance required. Strong short-term rental potential with high occupancy appeal due to bedroom count, en-suite layout, and proximity to the beach. With its prime location, protected Gulf views, rare 8 en-suite bedroom design, and resort-style amenities, this home offers space, style, and exceptional investment potential in one of Florida's most desirable coastal communities.

Getting Around

18
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

8/10
Tyndall Elementary SchoolGrades PK-816.6 mi
2/10
Rutherford High SchoolGrades 6-1220.9 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Roof: Metal
  • Construction materials: HardiPlank Type

Type & Style

  • Home type: SingleFamily
  • Architectural style: Coastal
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Range,Gas Water Heater

Bedroom

  • Level: Third
  • Dimensions: 129 x 146

Bedroom

  • Level: First
  • Dimensions: 149 x 13

Bedroom

  • Level: First
  • Dimensions: 128 x 153

Bedroom

  • Level: First
  • Dimensions: 13 x 145

Bedroom

  • Level: Second
  • Dimensions: 13 x 146

Bedroom

  • Level: Third
  • Dimensions: 159 x 13

Bedroom

  • Level: Third
  • Dimensions: 128 x 143

Bedroom

  • Level: Third
  • Dimensions: 14 x 128

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 8
  • Full bathrooms: 8

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,500
  • Total interior livable area: 4,500 sqft

Property

Details

  • Parcel number: 04224000000

Features

  • Private pool: Yes
  • Pool features: Gunite,In Ground,Private
  • Patio & porch: Balcony

Lot

  • Lot size: 7,405 sqft
  • Lot size dimensions: 50 x 150

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tsunami

FEMA Declared Disasters in Bay County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,164$181,968
Home Insurance *$1,335$16,020
Property Taxes $4,071$48,852
Electricity $452$5,434
Total$21,022$252,264
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$720,754/yr
40% on housing$630,660/yr
45% on housing$560,586/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$666This listing

vs Other Active Listings

Avg $/sqft

ZIP 32456$375
Bay County$241

vs Homes Sold Last Month

Median $/sqft

ZIP 32456
Bay County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-20Price change$2,999,000
2025-12-13Listed for sale$2,590,000
2024-01-23Sold$550,000
2023-04-05Listing removed--
2023-04-04Price change$595,000
2023-03-27Price change$625,000
2023-03-15Listed for sale$675,000
2022-09-28Sold$525,000
2022-09-02Contingent$550,000
2022-09-01Listed for sale$550,000

New Construction

AgentAdrian Welle
BrokerageWaves & Woods Realty, LLC

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