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Commercial Land Investment Opportunity

3010 Hwy 98 Mexico Beach, FL 32456

3010 Hwy 98, Mexico Beach, FL, 32456
$365,000
For Sale
Claim this Listing
$365,000

LAND - Mexico Beach, FL

Lot Size0.06 Acres
AddedApr 28
Days on Market80
Last RefreshJul 16 at 1:06 pm

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 agent Donna Murray License #3054827

Listing office Forgotten Coast Realty Of Nw Florida 490 5th Street, Mexico Beach, FL

Listing date Apr 28, 2026

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

Suggested Use

Building Supply Garden Center Grocery & Convenience Store Big Box & Wholesale Store Cafe & Coffee Shop Nail Salon Restaurant Accounting Firm Hair Salon Spa & Massage Center

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

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.
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