3010 Highway 98 Unit # 4, Mexico Beach, FL 32456

$365,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$365,000
Status
ACTIVE
MLS#
788947
Subtype
Land
Lot Size
2,614
Acres
0.06
Subdivision
Mexico Beach Bus Cent
Neighborhood
Bay East - Mexico Beach
MLS Area Major
Bay County - East

Property Description

Investment opportunity-commercial lot 4 in Mexico Beach Shopping Center area, Mexico Beach, Fl. A rare chance to secure income-producing commercial land in one of Florida's fastest-recovering and most sought-after Gulf Coast markets. Lot 4 offers savvy investors a uniquely flexible development opportunity backed by a newly enacted ordinance that unlocks maximum buildable potential. The recently passed Ordinance No. 875 is a direct value driver for these lots. By establishing shared parking within the Mexico Beach Shopping Center Overlay District, this ruling allows development from lot line to lot line -- meaning virtually every square foot of your land can be put to productive use. For investors, this translates to higher yield potential per square foot, lower land cost relative to buildable area, and a stronger return on investment compared to traditionally restricted commercial parcels. Mexico Beach represents a compelling investment story. Following significant rebuilding efforts in recent years, the area has seen renewed interest from developers, businesses, and tourists alike. New build next door coming soon, Duren Seaside Market will generate more foot traffic and will attracting more customers. Commercial inventory remains tight, demand for services is growing, and land values are trending upward -- making now an ideal entry point for investors looking to develop, lease, or hold. The Bottom Line, these two lots offer a low-barrier entry into a high-upside commercial market, with an ordinance-backed structural advantage that competitors on traditionally zoned parcels simply don't have. Whether your strategy is build-to-lease, build-to-sell, or land banking for future development, Lot 4 deserves a serious look. Survey available. Contact agent today for pricing, due diligence materials, and additional details.

Additional Information

Zoning
General Commercial

Listing courtesy of Forgotten Coast Realty of NW Florida LLC.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks