Commercial Land Investment
3010 Highway 98 Mexico Beach, FL 32456
3010 Highway 98, Mexico Beach, FL, 32456
$365,000
For Sale
$365,000
COMMERCIAL - Mexico Beach, FL
Lot Size0.06 Acres
Days on Market82
Property Features for 3010 Highway 98
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 04525-000-000
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Description
- MEXICO BEACH UNIT 4 LOTS 1,2,3,4,5 BLK J ORB 4829 P 0177 ORB 3750 P 1171
Listing Agency
Forgotten Coast Realty of NW Florida LLC
(850) 648-3000
490 5th St, Mexico Beach, FL
Listed by
Donna L Murray · License #3054827
(850) 227-4546
Added: Apr 27 Checked: Jul 17 at 9:06 am
MLS# 788947
Listing URL
Copyright © 2026 Central Panhandle Association of REALTORS. 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 commercial lot, located in the Mexico Beach Shopping Center area, presents an investment opportunity in the Gulf Coast market. The property benefits from Ordinance No. 875, which establishes shared parking within the Mexico Beach Shopping Center Overlay District. This allows for development from lot line to lot line, potentially maximizing the use of the land. The ordinance may lead to a higher yield potential per square foot and a stronger return on investment compared to traditionally restricted commercial parcels. The area has seen renewed interest from developers, businesses, and tourists. A new build next door, Duren Seaside Market, is coming soon, which may generate more foot traffic and attract more customers. The 0.06-acre lot offers a low-barrier entry into a commercial market. It is suited for strategies such as build-to-lease, build-to-sell, or land banking for future development. A survey is available.
Key Highlights
- Newly enacted Ordinance No. 875 allows development from lot line to lot line, maximizing buildable potential.
- Located in Mexico Beach, a fast‑recovering Gulf Coast market with renewed interest from developers and tourists.
- High potential for return on investment due to lower land cost relative to buildable area.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Commercial lot in a rapidly recovering Gulf Coast market.
Where is this commercial land located?
The property is located at 3010 Highway 98 Mexico Beach, FL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Newly enacted Ordinance No. 875 allows development from lot line to lot line, maximizing buildable potential.; Located in Mexico Beach, a fast‑recovering Gulf Coast market with renewed interest from developers and tourists.; High potential for return on investment due to lower land cost relative to buildable area.
