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3010 Highway 98 #LOT 3

Mexico Beach, FL 32456
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Acres0.06

Acre(Lot)

Investment opportunity-commercial lot 3 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 3 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 builda ble 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 3 deserves a serious look. Survey available. Contact agent today for pricing, due diligence materials, and additional details.

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Detail Ic Property Details

Property Type : Land

Price : $365,000

AD Id : 77762992

MLS Id : 788946

Lot Size : 0.06 Acre(Lot)

County : Bay

Subdivision: Sun N Lakes Unpop

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  • Lot Information

    Main Square Feet: 0.06 Lot Size Acres: 0.06 Lot Size Square Feet: 2,614

    Property Information

    Subdivision: Mexico Beach Bus Cent Source Property Type: Land MLS Area Minor: 0517 - Bay East - Mexico Beach Zoning Description: General Commercial Property SubType: Commercial

  • Listing Price Information

    Listing Price: $365000

  • Tax Information

    Parcel Number: 04525-000-000 Tax Legal Desc: MEXICO BEACH UNIT 4 LOTS 1,2,3,4,5 BLK J ORB 4829 P 0177 ORB 3750 P 1171

  • Utility Information

    None
  • Location Information

    Direction: Highway 98 Mexico Beach enter on 30th St. exit on 32nd streets. Across highway from beach, next to Ace Hardware.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
53 1st Street, Mexico Beach, FL, 32456 $300,000 -- -- -- 0.64 Acre(Lot)
LOT 12 1st Street, Mexico Beach, FL, 32456 $239,900 -- -- -- 0.14 Acre(Lot)
TBD 2nd Street, Mexico Beach, FL, 32456 $324,900 -- -- -- 0.26 Acre(Lot)
LOT 7 Florida Avenue #L.., Mexico Beach, FL, 32456 $239,900 -- -- -- 0.17 Acre(Lot)
409 Maryland Boulevard, Mexico Beach, FL, 32456 $165,000 -- -- -- 0.17 Acre(Lot)
429 7th Street, Mexico Beach, FL, 32456 $175,000 -- -- -- 0.25 Acre(Lot)
407 New Mexico Drive, Mexico Beach, FL, 32456 $139,900 -- -- -- 0.36 Acre(Lot)
425 California Avenue, Mexico Beach, FL, 32456 $185,000 -- -- -- 0.38 Acre(Lot)
401 Arizona Drive, Mexico Beach, FL, 32456 $159,000 -- -- -- 0.25 Acre(Lot)
407 California Avenue, Mexico Beach, FL, 32456 $129,000 -- -- -- 0.37 Acre(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/06/2026 @ 18:47

MLS: 788946 LISTED BY: Donna Murray, Forgotten Coast Realty of NW Florida LLC 850-648-3000 SOURCE: CPAR

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