Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 0-bedroom, 0-bathroom commercial at 3010 Highway 98 in Mexico Beach, FL is listed for $365,000. on a 0.06 acres lot.

Agent Description

Investment opportunity-commercial lot 4 in Mexico Beach Shopping Center area, Mexico Beach, Fl. A rare chance to secure income-producing commercial land in one of Florida's fastest-recovering and most sought-after Gulf Coast markets. Lot 4 offers savvy investors a uniquely flexible development opportunity backed by a newly enacted ordinance that unlocks maximum buildable potential.

The recently passed Ordinance No. 875 is a direct value driver for these lots. By establishing shared parking within the Mexico Beach Shopping Center Overlay District, this ruling allows development from lot line to lot line -- meaning virtually every square foot of your land can be put to productive use.

For investors, this translates 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 represents a compelling investment story.

Following significant rebuilding efforts in recent years, the area has seen renewed interest from developers, businesses, and tourists alike. New build next door coming soon, Duren Seaside Market will generate more foot traffic and will attracting more customers.

Commercial inventory remains tight, demand for services is growing, and land values are trending upward -- making now an ideal entry point for investors looking to develop, lease, or hold. The Bottom Line, these two lots offer a low-barrier entry into a high-upside commercial market, with an ordinance-backed structural advantage that competitors on traditionally zoned parcels simply don't have.

Whether your strategy is build-to-lease, build-to-sell, or land banking for future development, Lot 4 deserves a serious look. Survey available. Contact agent today for pricing, due diligence materials, and additional details.

Key Features

  • 0.06 acre lot

Property Details

## 4

Monthly Cost Estimate

$1,952/mo

20% down · 6.5% · 30 years

Principal$264
Interest$1,582
Insurance$106

Estimates only. Actual payments may vary.

Location

3010 Highway 98

Mexico Beach, FL 32456

Mexico Beach Bus Cent

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3010 Highway 98 is listed at $365,000. The estimated monthly payment is $1,582 based on 20% down at 6.5% interest.

Key features include: 0.06 acre lot.

This property is listed by Donna L Murray and can be reached at 8502274546 or donnamurray@fairpoint.net.

DM

Donna L Murray

Agent at Forgotten Coast Realty of NW Florida LLC

(850) 227-4546

Listed by Forgotten Coast Realty of NW Florida LLC · View on Broker Site

MLS# 788947· Source: listhub· Updated 35 days ago

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3010 Highway 98, Mexico Beach, FL 32456

Open this listing in: