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    2003 Highway 98 Mexico Beach, FL 32456

    For Sale
    $979,900

    Residential Lots/Land - Mexico Beach, FL

    Lot size:
    0.20 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 11 at 11:06 am

    Property Features for 2003 Highway 98

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04483-000-000
    Lot size
    0.20 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    98 REAL ESTATE GROUP, LLC (850) 648-2200

    Listing agent Carter Dorsch (850) 648-2200

    Listing date Oct 31, 2025

    MLS# 324444 Listing URL

    Copyright © 2025 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gulf Front Lot in Mexico Beach

    This 50-foot-wide and 174-foot-deep property is located directly on the beach, offering Gulf views. It is situated in the heart of Mexico Beach. Utilities are already in place from a previous home. The property is zoned High-Density Residential, allowing for single-family or multi-family construction. The lot sits seaward of the Coastal Construction Control Line, so Department of Environmental Protection approval will be required prior to building, and it's located in an AE flood zone. Sidewalks nearby provide access to local establishments such as Mango Marley's, coffee shops, and a grocery store that is planned to open soon. Short-term rentals are allowed, and there is no Home Owners Association. The property is the lowest-priced full-size Gulf front lot currently available in the Mexico Beach and St. Joe Beach market. It is located in Mexico Beach, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mexico Beach
    County
    Gulf
    State
    Florida
    Longitude
    -85.4121692
    Latitude
    29.9434912

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    FAQs

    What type of property is this?
    Residential land & home lot - Beachfront property in the heart of Mexico Beach, Florida.
    Where is this residential land & home lot located?
    The property is located at 2003 Highway 98 Mexico Beach, FL.
    What is the asking price?
    The asking price for this property is $979,900.
    What are key features of this property?
    This property features: - Lowest-priced full-size Gulf front lot in Mexico Beach/St. Joe Beach market.; - Direct Gulf front location with unobstructed views and sunset views.; - Utilities already in place, ready for building.
    (850) 648-2200
    Request Owner's contact information
    2003 Highway 98 Mexico Beach, FL 32456
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    Mexico Beach, FL 32456
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2003 Highway 98 Mexico Beach, FL 32456
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