Tourist Commercial Lots with Highway
For Sale
$879,000
2604 Hwy 98, Mexico Beach, FL 32456
LAND - Mexico Beach, FL
Lot Size0.34 Acres
Days on Market34
Property Features for 2604 Hwy 98
General Information
Property type
Land
Property subtype
Other
Zoning
TC
Zoning description
City, Commercial, Mixed Use, Multi-Family, Office/Professional, Residential Multi-Family, Residential Single Family
Subdivision
No Named Subdivision
Lot features
Aerials Available, Cleared, Height Restrictions, Level, Subject To Comprehensive Plan, Survey
View
Water
Directions
From Co Rd 386, head west on Hwy 98 for approximately 2.2 miles to 26th St. Property is on 98 on the right between 26th St. & 27th St.
Standard status
Active
APN
04494000000
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
MEXICO BEACH UNIT 4 LOT 5 BLK B ORB 3517 P 690 & MEXICO BEACH UNIT 4 235C2 LOT 6 BLK B ORB 4935 P 252
Tax Annual Amount
5852
Legal Description
MEXICO BEACH UNIT 4 LOT 5 BLK B ORB 3517 P 690 & MEXICO BEACH UNIT 4 235C2 LOT 6 BLK B ORB 4935 P 252
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Studstill Realty Group, Llc
(850) 889-0774
Listed By:
Cassie Studstill · License #685078
(850) 889-0774
Added: Jun 27
Changed: Jun 28
Last Checked: Jul 30 at 4:06PM
MLS# 325239
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This offering consists of two designated tourist commercial lots in an X-FLOOD ZONE, presented together for a combined development footprint. The parcels front US Hwy 98 and measure approximately 200 feet of frontage on Hwy 98 with depth running about 75 feet along 26th St and 27th St. A survey is available, and there is currently a month-to-month ground-lease tenant on the left lot operating a food truck or trailer. Please do not disturb the tenant or impede business.
The property is located at 2604 Hwy 98, Mexico Beach, Florida, with the lots positioned less than 500 feet from the sugar-white sands of Mexico Beach and the Gulf of Mexico. With frontage on US Hwy 98 and access off the adjacent streets noted in the remarks, the site is suited for low-intensity, tourist-oriented activity consistent with the Mexico Beach Land Development Code guidelines.
From a planning standpoint, the seller indicates the lots provide flexibility to construct beachfront residences, a four-plex, or a tourist commercial structure in line with local code. Zoning is listed as TC, supporting the intended tourist commercial designation for future development, while the current ground-lease arrangement may be relevant to buyers considering near-term site continuity.
The property is located at 2604 Hwy 98, Mexico Beach, Florida, with the lots positioned less than 500 feet from the sugar-white sands of Mexico Beach and the Gulf of Mexico. With frontage on US Hwy 98 and access off the adjacent streets noted in the remarks, the site is suited for low-intensity, tourist-oriented activity consistent with the Mexico Beach Land Development Code guidelines.
From a planning standpoint, the seller indicates the lots provide flexibility to construct beachfront residences, a four-plex, or a tourist commercial structure in line with local code. Zoning is listed as TC, supporting the intended tourist commercial designation for future development, while the current ground-lease arrangement may be relevant to buyers considering near-term site continuity.
Key Highlights
- Prime location: less than 500 feet from Mexico Beach and the Gulf of Mexico.
- Zoned "TOURIST COMMERCIAL" offering flexibility to construct beachfront residences, a four‑plex, or a tourist commercial structure.
- Benefit from the X‑FLOOD ZONE designation.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
Explore this area
Business Placement
Demographics for 32456, FL
7,439
Population
6,252
Households
1.2
Avg Household Size
55
Median Age
37%
College-Educated
96%
High-School Grad
106.2 sq mi
ZIP Area
70
Density / Sq Mi
$73,723
Median Household Income
$38,630
Median Earnings
$1,363
Median Rent
$338,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two X-FLOOD ZONE tourist commercial lots front US Hwy 98, near Mexico Beach for flexible coastal development options.
Where is this commercial land located?
The property is located at 2604 Hwy 98 Mexico Beach, FL.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: Prime location: less than 500 feet from Mexico Beach and the Gulf of Mexico.; Zoned "TOURIST COMMERCIAL" offering flexibility to construct beachfront residences, a four‑plex, or a tourist commercial structure.; Benefit from the X‑FLOOD ZONE designation.
