Commercial Lot in Mexico
3010 Highway 98 #lot 3 Mexico Beach, FL 32456
3010 Highway 98 #lot 3, Mexico Beach, FL, 32456
$365,000
For Sale
$365,000
Income-producing commercial land in a sought-after Gulf Coast market.
Days on Market86
Property Features for 3010 Highway 98 #lot 3
General Information
- Standard status
- Active
- Property subtype
- Land or Vacant Lot
Listing agency
FORGOTTEN COAST REALTY OF NW FLORIDA LLC
(850) 648-3000
Listed by
DONNA L MURRAY · License #3054827
Source
Corcoran
Added: Apr 27 Updated: Jul 10 at 1:37PM Checked: Jul 21 at 5:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FORGOTTEN COAST REALTY OF NW FLORIDA LLC
Investment Insights
Based on property information with market context.
This commercial lot in the Mexico Beach Shopping Center area presents an investment opportunity in Mexico Beach, Florida. The property offers flexible development potential due to a newly enacted ordinance. Ordinance No. 875 establishes shared parking within the Mexico Beach Shopping Center Overlay District, allowing development from lot line to lot line. This ruling permits productive use of virtually every square foot of the land, potentially translating to higher yield potential per square foot, lower land cost relative to buildable area, and a stronger return on investment compared to traditionally restricted commercial parcels. Mexico Beach has seen renewed interest from developers, businesses, and tourists. A new build next door, Duren Seaside Market, is coming soon, which will generate more foot traffic and attract more customers. Commercial inventory remains tight, demand for services is growing, and land values are trending upward. The property offers a low-barrier entry into a high-upside commercial market, with an ordinance-backed structural advantage. The property is suited for 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 and ROI.
- Located in Mexico Beach, a rapidly recovering Gulf Coast market with high demand and rising land values.
- Offers a flexible development opportunity 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 - Income-producing commercial land in a sought-after Gulf Coast market.
Where is this commercial land located?
The property is located at 3010 Highway 98 #lot 3 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 high demand and rising land values.; Offers a flexible development opportunity for build‑to‑lease, build‑to‑sell, or land banking strategies.
