Technical
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Distress signals
Property profile

0000 Highway 98 W Mary Esther, FL 32569

OFF-MARKET
Commercial land
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Property summary

AI-generated overview

Prime Residential/Commercial Lot - 0.56 Acres in Mary Esther, FL | Highway 98 Frontage - Incredible opportunity for investors and developers! This 0.56-acre vacant lot is ideally located along Highway 98 on the west side Mary Esther, offering high visibility and easy access to local amenities, the beach, and surrounding communities. Zoned SR (Suburban Residential) with permitted uses under R-2, C-1, and C-2, this property provides a flexible range of development options, including multi-family dwellings, professional offices, retail, and more. The seller has preliminary plans drawn for two charming rentable cottages, making this an excellent investment for short or long-term rental income. With utilities nearby and flat, buildable terrain, the lot is ready for development. Whether you're looking to build cozy cottages for rentals, professional offices, or a mixed-use development, this versatile lot offers limitless potential in a growing coastal community. Don't miss this rare find! Schedule a showing or request more information today!

Property profile

Verified
Property type Commercial land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

0000 Highway 98 W Mary Esther, FL 32569
Mary Esther metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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