9
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$365,000
Est. payment /mo
2,613 Sqft Lot
Active
3010 Highway 98 ## 4 Mexico Beach, FL 32456
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Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Mexico Beach Bus Cent
MLS Listing ID 788947
HOA Y/N No
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Commercial
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.
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.
Location
State FL
County Bay
Area 05 - Bay County - East
Interior
Fireplace No
Exterior
Utilities Available None
Private Pool No
Others
Tax ID 04525-000-000
Special Listing Condition Listed As-Is
Listed by Forgotten Coast Realty of NW Florida LLC
NEARBY SCHOOL & BUSINESS
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