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$ 365,000
Est. payment /mo
Active
3010 Hwy 98 Mexico Beach, FL 32456
2,631 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Mexico Beach
MLS Listing ID 328168
HOA Y/N false
Lot Size 2,631 Sqft
Lot Dimensions 2633
Property Sub-Type Unimproved Land
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.
Location
State FL
Zoning General Commercial
Exterior
Utilities Available None
View Y/N true
View Gulf, Water
Building
Lot Description Cleared, Height Restrictions, Site Shopping Center, Survey
Sewer Public Sewer
Others
Special Listing Condition As Is
Listed by Forgotten Coast Realty Of Nw Florida
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