Tourist Commercial Land with Highway
For Sale
$879,000
2604 Hwy 98 lot 5/Blk B/Unit 4, Mexico Beach, FL 32456
LAND - Mexico Beach, FL
Lot Size0.34 Acres
Days on Market34
Property Features for 2604 Hwy 98 lot 5/Blk B/Unit 4
General Information
Property type
Land
Property subtype
Other
Zoning
TC
Zoning description
Business, City, Commercial, County, Mixed Use, Residential Multi-Family, Residential Single Family
Subdivision
No Named Subdivision
Lot features
Cleared, Corner Lot, Dead End, Level, Sidewalks, Survey Available, Within 1/2 Mile of Water
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
Cable Available
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 5:06PM
MLS# 325168
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.
An opportunity to acquire two X-FLOOD ZONE lots designated “TOURIST COMMERCIAL,” offered together for development. The property is described as measuring 200 feet of frontage on US Hwy 98 with depth spanning both 26th St and 27th St, supporting a combined 350 feet of road frontage. Zoning is listed as TC, and the listing notes development flexibility in line with the Mexico Beach Land Development Code, including the construction of beachfront residences, a four-plex, or a tourist commercial structure.
The lots front US Hwy 98 and are identified at 2604 Hwy 98 with frontage also along 26th St and 27th St. The listing states the property is less than 500 feet from the sugar-white sands of Mexico Beach and the Gulf of Mexico. A month-to-month ground-lease tenant is noted on the left lot, operating a food truck or trailer; the listing instructs not to disturb the tenant or impede business. A survey is available.
For tenants, buyers, or developers, this configuration offers a coastal-oriented site with tourist-commercial designation and highway frontage, supporting multiple development concepts under local code guidance. The on-site month-to-month ground lease provides an existing use on one lot while you plan next steps for the overall assemblage.
The lots front US Hwy 98 and are identified at 2604 Hwy 98 with frontage also along 26th St and 27th St. The listing states the property is less than 500 feet from the sugar-white sands of Mexico Beach and the Gulf of Mexico. A month-to-month ground-lease tenant is noted on the left lot, operating a food truck or trailer; the listing instructs not to disturb the tenant or impede business. A survey is available.
For tenants, buyers, or developers, this configuration offers a coastal-oriented site with tourist-commercial designation and highway frontage, supporting multiple development concepts under local code guidance. The on-site month-to-month ground lease provides an existing use on one lot while you plan next steps for the overall assemblage.
Key Highlights
- Two X‑FLOOD ZONE "TOURIST COMMERCIAL" designated lots on Hwy 98, offering diverse development potential.
- Prime location less than 500 feet from the beach and Gulf of Mexico.
- Substantial road frontage: 200 feet on Hwy 98 and 75 feet deep on both 26th & 27th St, totaling 350 feet.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two tourist-commercial lots in X-FLOOD ZONE with highway frontage near Mexico Beach, suitable for a range of coastal uses.
Where is this commercial land located?
The property is located at 2604 Hwy 98 lot 5/Blk B/Unit 4 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: Two X‑FLOOD ZONE "TOURIST COMMERCIAL" designated lots on Hwy 98, offering diverse development potential.; Prime location less than 500 feet from the beach and Gulf of Mexico.; Substantial road frontage: 200 feet on Hwy 98 and 75 feet deep on both 26th & 27th St, totaling 350 feet.
