932 15th Street, Mexico Beach, FL 32456

$2,275,000

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List Price
$2,275,000
Status
ACTIVE
MLS#
791994
Subtype
Land
Lot Size
270,072
Acres
6.20
Subdivision
No Named Subdivision
Neighborhood
Bay East - Mexico Beach
MLS Area Major
Bay County - East

Property Description

This 6.22-acre Development Opportunity ''Forgotten Coast Villas'' in Mexico Beach, Florida, is a rare find that combines a prime location, comprehensive development plans, and significant investment potential. With the beach just half a mile away and all the groundwork already laid for a 39-unit complex, you have the chance to create a thriving community in one of Florida's most beautiful coastal towns. One of the standout features of this development opportunity is the comprehensive engineering plans already in place. These plans have been meticulously crafted to ensure a smooth development process, saving time and resources for the new owner. The renderings included in the photos section showcase the envisioned 39-unit complex, complete with seven beautifully designed buildings with mixtures of 1BR, 2BR, 3BR and 4BR units, and a community clubhouse featuring a pool. Each unit comes with its own address and individual parcel number, allowing for straightforward ownership and management. This property is not just a piece of land; it's a fully prepared development opportunity. With all necessary documents and plans recorded, you can hit the ground running. Known for its beautiful white sandy beaches and crystal-clear waters, Mexico Beach is a desirable destination for those looking to escape the hustle and bustle of city life. The area is increasingly popular among tourists, making it an ideal spot for a residential complex that caters to both long-term residents and seasonal visitors.

Additional Information

Zoning
Multi-Family, Resid Multi-Family, City, General Commercial

Listing courtesy of Forgotten Coast Realty of NW Florida LLC.

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Calculator source: Real Geeks