Residential Land for Sale in Mexico Beach, Florida
1405 Highway 98 Mexico Beach, FL 32456
![0.12 Acres of Residential Land for Sale in Mexico Beach, Florida](https://cdn.landsearch.com/listings/4Bdzy/large/mexico-beach-fl-121932413.jpg)
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NEW LISTING - GULF FRONT vacant lot with 67' feet on the beach. A single-family home, duplex, or commercial business are all options allowed on this property as it's zoned general commercial. This is one of the few beachfront lots that you will find located in the coveted X flood zone providing for low-cost flood insurance and the ability to have additional square footage on the ground level. This property is ideal for a custom-built 5+ bedroom private home with a private pool that would be an excellent income producing vacation rental projected at $300K GRI annually. The lot is conveniently located within walking distance of restaurants, shops, and city parks. The property next-door on the west side is owned by the city of Mexico Beach so you don't have to worry about anyone else building next to you. The water and sewer taps are paid. No HOA or fees. No buildout time. Make an offer! Call your Realtor today!
Directions
Traveling east on Hwy 98 in Mexico Beach the lot will be on the right side just past the intersection of Hwy 98 & 15th St.
Property details
- County
- Bay County
- Elevation
- 10 feet
- MLS Number
- RAKSGC 317800
- Date Posted
Resources
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
July 20, 2024 | Price drop | $1,195,000 | $104,000 -8% | RAKSGC |
June 9, 2024 | New listing | $1,299,000 | — | RAKSGC |