- MLS#: 788947 ( Land )
- Street Address: 3010 Highway 98 # 4
- Viewed: 10
- Price: $365,000
- Price sqft: $0
- Waterfront: No
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 15
- Additional Information
- Geolocation: 29.9485 / -85.4181
- County: GULF
- City: Mexico Beach
- Zipcode: 32456
- Subdivision: Mexico Beach Bus Cent
- Provided by: Forgotten Coast Realty of NW Florida LLC
- DMCA Notice
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DescriptionInvestment 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.
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Apply Now- Covered Spaces: 0.00
- Living Area: 0.00
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Carport Spaces: 0.00
- Utilities: None
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Trash Expense: 0.00
- Legal Description: MEXICO BEACH UNIT 4 LOTS 1, 2, 3, 4, 5 BLK J ORB 4829 P 0177 ORB 3750 P 1171
- Area Major: 05 - Bay County - East
- Parcel Number: 04525-000-000
- The Range: 0.00
- Unit Number: # 4
- Views: 10
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- Robert A. Pelletier Jr, REALTOR ®
- Tropic Shores Realty
- Mobile: 239.218.1565
- Mobile: 239.218.1565
- Fax: 352.503.4780
- robertsellsparadise@gmail.com