Residential Land for Sale in Mexico Beach, Florida

2604 Highway 98 Mexico Beach, FL 32456

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$399,000
0.17 acres
Active sale agoEst $3,942/mo

Currently, there are two six-month ground leases in place. Immerse yourself in the unparalleled charm of Olde Florida living with this exceptional lot in Mexico Beach, Florida - a hidden gem along North Florida's Gulf Coast. Boasting a prime location, this "TOURIST COMMERCIAL" designated lot, measuring 100 feet by 75 feet, is positioned within an arm's reach of the Gulf of Mexico, offering a rare opportunity to embrace coastal living at its finest. Situated prominently on Hwy 98 at 27th St., this strategically located property was once the site of a thriving duplex, setting the stage for a new chapter in coastal real estate development. With the flexibility to construct a new beachfront residence, a duplex, or a tourist commercial structure in line with Mexico Beach Land Development Code's guidelines, envision creating a space that seamlessly integrates with the tranquil surroundings. Capture the essence of low-intensity, tourist-oriented commercial activities that harmonize with the peace and serenity of the adjacent residential properties. This is not just a lot; it's an invitation to shape a coastal haven that mirrors the allure of this unique Olde Florida beach community. (NOTE: Two ground lease tenants are on site: a food truck/trailer and a snow cone cart. Please do not bother tenants or impede their business. Two six-month ground leases are in place. The leases are short-term, and lease copies will be provided within 5 days of going under contract on the property for the buyer to review. An NDA must accompany any offer to receive them and the lease amounts.)

Directions

From Co Rd 386, head west on Hwy 98 for approximately 2.2 miles to 26th St. Property is on the right at the corner of 26th St. and Hwy 98, with 100 FT of frontage MOL. (Please do not disturb the ground lease tenants' food truck and a snow cone cart.

Property details

Coordinates
29.9469, -85.4159
Zoning
Tc
Elevation
16 feet
MLS Number
RAKSGC 315833
Date Listed

Property taxes

Year not provided
$2,399

This 0.17-acre property is located at 2604 Highway 98 in Mexico Beach, FL 32456 with latitude 29.9469 and longitude -85.4159. The property is currently available for sale for $399,000 with a price per acre of $2,319,767. Listing data is sourced from Realtor Association of Franklin and Gulf Counties # 315833.

Verify sale details at the property source or contact Studstill Realty Group at (850) 889-0774.

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Copyright (C) 2024 Realtor(R) Association of Franklin & Gulf Counties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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