Thank you
Cassie Studstill
STUDSTILL REALTY GROUP, LLC
850-889-0774
**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.
WaterSource: Public
Lot Dimensions: 100x75
Lot Description: Buildable, Cleared, Corner Lot, City Limits, In County, Level, Sidewalk, Street Dead-End, Paved
Lot Square Feet: 7492
Lot Acres: 0.17
Lot Size (SqMt): 696
Property Type: Land
Original List Price: $399000
Tax Block: B
Tax Book Number: 4294 / 79
Tax Lot: 5
Tax Legal Description: MEXICO BEACH UNIT 4 LOT 5 BLK B ORB 4294 P 79
Annual Tax: $2499
Tax Year: 2023
Parcel Number: 04494-000-000
BB/HS Internet Available, Cable Available, Electrical Nearby, Electricity Available, Natural Gas Available, Phone Available, Public, Sewer Available, Sewer Nearby, Telephone Nearby, Water Available, Water Nearby
Sewer: Public Sewer
Water Source: Public
Subdivision: MEXICO BEACH SUB UN 4
City: MEXICO BEACH
Direction: From County Road 386, head west on Hwy 98 approximately 2.2 miles to 26th St. The Property is on the right at the corner of 26th St. and Hwy 98 with 100 FT of frontage MOL. (Ground lease tenants have businesses on the lot: a food truck and a snow cone cart. Please do not disturb them.)
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
110 S 37th Street #B, Mexico Beach, FL,32456 | $1,001,299 | 3 | 5 | 1,625 | 0.04 Acre |
Disclaimer: The information being provided courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of theMFRMLS (My Florida Regional MLS DBA Stellar MLS). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MFRMLS (My Florida Regional MLS DBA Stellar MLS). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
Based on information submitted to the MLS GRID as of 04/28/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
ByOwner last updated this listing 04/28/2024 @ 18:20
MLS: MFRMLS #O6187591
LISTED BY: Cassie Studstill, STUDSTILL REALTY GROUP, LLC
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.