Commercial Land Investment
3010 Hwy 98 Mexico Beach, FL 32456
3010 Hwy 98, Mexico Beach, FL, 32456
$365,000
For Sale
$365,000
LAND - Mexico Beach, FL
Lot Size0.06 Acres
Days on Market85
Property Features for 3010 Hwy 98
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 04525000000
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Description
- Mexico Beach Unit 4 lots 1,2,3,4,5 Blk J Plat 7 pg 30 ORB 4829 P 0177 ORB 3750 P 1171/1173
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Listing agency
Forgotten Coast Realty Of Nw Florida
(850) 648-3000
Listed by
Donna Murray · License #3054827
(850) 227-4546
Added: Apr 28 Updated: Jun 10 at 2:35PM Checked: Jul 21 at 3:06PM
MLS# 328167
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.
Investment Insights
Based on property information with market context.
This commercial land, identified as Lot 3, presents an investment opportunity within the Mexico Beach Shopping Center area. The location is in one of Florida's fastest-recovering Gulf Coast markets. A newly enacted ordinance unlocks maximum buildable potential. Ordinance No. 875 establishes shared parking within the Mexico Beach Shopping Center Overlay District, allowing development from lot line to lot line. This means nearly every square foot of the land can be utilized. This translates to 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. Commercial inventory remains tight, demand for services is growing, and land values are trending upward. The lot offers a low-barrier entry into a high-upside commercial market, with an ordinance-backed structural advantage. The strategy may be build-to-lease, build-to-sell, or land banking for future development. The lot size is approximately 0.0604 acres.
Key Highlights
- Newly enacted Ordinance No. 875 allows development from lot line to lot line, maximizing buildable potential and ROI.
- Located in Mexico Beach, a rapidly recovering Gulf Coast market with growing demand and rising land values.
- Flexible development opportunity suitable for build‑to‑lease, build‑to‑sell, or land banking strategies.
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 land in a rapidly recovering Gulf Coast market.
Where is this commercial land located?
The property is located at 3010 Hwy 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 and ROI.; Located in Mexico Beach, a rapidly recovering Gulf Coast market with growing demand and rising land values.; Flexible development opportunity suitable for build‑to‑lease, build‑to‑sell, or land banking strategies.
