Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    932 15Th St Mexico Beach, FL 32456

    For Sale
    $2,300,000

    Residential Lots/Land - Mexico Beach, FL

    Lot size:
    6.20 Acres
    Days on Market:
    247
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 932 15Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    40001-800-000
    Lot size
    6.20 Acres

    Building Details

    Architectural style
    Other

    Forgotten Coast Realty of NW Florida (850) 819-1205 [email protected]

    Listing agent Teresa Carlton (850) 648-3000

    Listing date Apr 4, 2025

    MLS# 320403 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

    Development Opportunity Near Mexico Beach

    This 6.22-acre development opportunity, known as "Forgotten Coast Villas" in Mexico Beach, Florida, presents a prime location with significant investment potential. Situated just half a mile from the beach, the property includes comprehensive engineering plans for a 39-unit complex, offering the chance to establish a thriving community in a desirable coastal town. The meticulously crafted plans are designed to ensure a smooth development process, saving time and resources. Renderings showcase the envisioned complex, featuring seven buildings with a mix of 1, 2, 3, and 4-bedroom units, along with a community clubhouse and pool. Each unit has its own address and individual parcel number, allowing for straightforward ownership and management. All necessary documents and plans are recorded. Mexico Beach, known for its white sandy beaches and clear waters, is an increasingly popular tourist destination, making this an ideal location for a residential complex catering to both long-term residents and seasonal visitors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Hair Salon Clothing Store Gym & Fitness Skin Care Clinic Kitchen & Bath Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Mexico Beach
    County
    Gulf
    State
    Florida
    Longitude
    -85.39632
    Latitude
    29.944707

    Nearby Similar for Sale

    • New
      $3,999,000
      0.17 Acres

      Luxury Duplex Near Mexico Beach

      Rental-ready duplex with 12 en-suite bedrooms, bunk rooms, and amenities.
      111 31St St, Mexico Beach, FL 32456
      View Details
    • $575,000
      1,012 SF

      Coastal Retreat Near Mexico Beach

      Professionally decorated, fully furnished coastal retreat near the beach.
      101 S 42Nd St, Mexico Beach, FL 32456
      View Details
    • $6,200,000
      3,044 SF

      Mexico Beach Marina Investment Opportunity

      Established marina business for sale in Mexico Beach, Florida.
      3904 Highway 98, Mexico Beach, FL 32456
      View Details
    • New
      $995,000
      0.20 Acres

      Gulf Front Land Opportunity

      Gulf front property with active permit in Mexico Beach.
      117 37Th St, Mexico Beach, FL 32456
      View Details
    • $525,000
      1,552 SF

      Gulf-View Condo with Income Potential

      Renovated condo with Gulf views and strong rental history.
      1302 Highway 98, Mexico Beach, FL 32456
      View Details
    • $999,000
      1,728 SF

      Canal Front Beachside Townhome

      Beachside townhome with boat slip, perfect for boaters.
      112 Miramar Dr, Mexico Beach, FL 32456
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 6.22-acre development opportunity for a 39-unit complex near the beach.
    Where is this residential land & home lot located?
    The property is located at 932 15Th St Mexico Beach, FL.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Comprehensive development plans for a 39-unit complex are already in place.; - Prime location in Mexico Beach, Florida, just half a mile from the beach.; - Approved engineering plans ensure a smooth development process.
    (850) 648-3000
    Request Owner's contact information
    932 15Th St Mexico Beach, FL 32456
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    932 15Th St
    Mexico Beach, FL 32456
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    932 15Th St Mexico Beach, FL 32456
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.