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    3001 Highway 98 Mexico Beach, FL 32456

    Sponsored
    For Sale
    $524,900

    Residential Lots/Land - Mexico Beach, FL

    Lot size:
    0.18 Acres
    Days on Market:
    25
    Last Refresh:
    Jan 8 at 12:06 am

    Property Features for 3001 Highway 98

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04568-000-000
    Lot size
    0.18 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Carter Dorsch (850) 648-2200

    Listing date Dec 15, 2025

    MLS# 324746 Listing URL

    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.

    Overview

    Corner Lot Near Sandy Beaches

    This corner lot is located on the beach side of Hwy 98 in Mexico Beach, Florida. The property has Tourist Commercial zoning, offering options to build a single-family home, a duplex, a mixed-use setup, or a small business. The lot previously housed an office/home before Hurricane Michael. Water and sewer taps are already in place. The location is known for high-quality homes and walkability to the sandy beaches. The lot size is 0.18 acres. There is no HOA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Realty agency Wholesale Shop Hair Salon Clothing Store Nail Salon Department Store Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Mexico Beach
    County
    Gulf
    State
    Florida
    Longitude
    -85.4184995
    Latitude
    29.948105

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    FAQs

    What type of property is this?
    Commercial land - Beachside corner lot with flexible zoning and utilities in place.
    Where is this commercial land located?
    The property is located at 3001 Highway 98 Mexico Beach, FL.
    What is the asking price?
    The asking price for this property is $524,900.
    What are key features of this property?
    This property features: - Rare beachside corner lot on the desirable beach side of Hwy 98 in Mexico Beach.; - Flexible Tourist Commercial zoning allows for single-family home, duplex, mixed-use, or small business development.; - Water and sewer taps are already in place, saving time and money on new construction.
    (850) 624-7144
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    3001 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
    3001 Highway 98 Mexico Beach, FL 32456
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