MLS Property 317800

1405 Hwy 98

Mexico Beach, FL

$1,299,000

NEW LISTING - GULF FRONT vacant lot with 67' feet on the beach. A single-family home, duplex, or commercial business are all options allowed on this property as it's zoned general commercial. This is one of the few beachfront lots that you will find located in the coveted X flood zone providing for low-cost flood insurance and the ability to have additional square footage on the ground level. This property is ideal for a custom-built 5+ bedroom private home with a private pool that would be an excellent income producing vacation rental projected at $300K GRI annually. The lot is conveniently located within walking distance of restaurants, shops, and city parks. The property next-door on the west side is owned by the city of Mexico Beach so you don't have to worry about anyone else building next to you. The water and sewer taps are paid. No HOA or fees. No buildout time. Make an offer! Call your Realtor today!

Property Details

MLS Number317800
StatusActive
List DateJun 08, 2024
Listing UpdatedJun 18, 2024
Lot Size67x80
Acreage0.12
HOA AmountNo HOA Fees

Construction Details

AppliancesCity Zoning
ConstructionAerials/Topo Available, Cleared, Corner, Within 1/2 Mile of Water
LotAerials/Topo Available, Cleared, Corner, Within 1/2 Mile of Water

Area Information

AreaMexico/St. Joe Beach
Sub AreaMexico Beach
SubdivisionNo Named Subdivision
Flood ZoneX
Zip32456
Coordinates-85.4073575, 29.9401982
Legal InfoMEXICO BEACH UNIT # 2 235C4 LOT 1 BLK I ORB 3088 P 1365

Map Location

Due to new roads in our area, some properties may now show up in exactly the right location.

This listing is managed by Mexico Beach Harmon Realty Inc.

Property information provided by the REALTOR’S® Association of Franklin and Gulf Counties, Inc.. IDX information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.