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    3904 Highway 98 Mexico Beach, FL 32456

    For Sale
    $6,200,000

    Real Estate & Business - Mexico Beach, FL

    Property size:
    3,044 SF
    Lot size:
    0.87 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 11 at 11:06 am

    Property Features for 3904 Highway 98

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    04125-000-000
    Size
    3,044 SF
    Lot size
    0.87 Acres

    Utilities

    Heating system
    Ceiling, Electric (Heating)
    Cooling system
    Central Air, Electric
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    2005
    Flooring type
    Wood
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other

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

    Listing agent Bonita Thompson (850) 648-2200

    Listing date Oct 31, 2025

    MLS# 322239 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

    Mexico Beach Marina Investment Opportunity

    This is an investment opportunity to acquire the only marina in Mexico Beach, Florida, situated on approximately 0.87 acres. Mexico Beach Marina is a turn-key business that offers fuel sales on the canal and features a retail ship store. The business benefits from a repeat customer base and new customers from tourism. Constructed in 2005, the 3,044 square foot retail ship store offers fishing tackle, ice, coolers, bait, clothing, sunglasses, frozen food, drinks, groceries, and beach equipment. The price includes the land, gas docks, all inventory, fixtures, equipment, and goodwill.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marinas

    Suggested Use

    Restaurant Spa & Massage Dental Office Pharmacy Skin Care Clinic Gym & Fitness Realty agency Bar & Pub Cafe & Coffee Shop Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Mexico Beach
    County
    Gulf
    State
    Florida
    Longitude
    -85.4240602
    Latitude
    29.9520161

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    FAQs

    What type of property is this?
    Marina - Established marina business for sale in Mexico Beach, Florida.
    Where is this marina located?
    The property is located at 3904 Highway 98 Mexico Beach, FL.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: - Only marina in Mexico Beach, Florida; - Turn-key business with established repeat customer base; - Only fuel sales on the canal
    (850) 648-2200
    Request Owner's contact information
    3904 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
    3904 Highway 98 Mexico Beach, FL 32456
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