About This Home
This 0-bedroom, 0-bathroom commercial at 932 15th Street in Mexico Beach, FL is listed for $2,275,000. on a 6.20 acres lot.
Key Features
- 6.20 acre lot
This 6.22-acre Development Opportunity ''Forgotten Coast Villas'' in Mexico Beach, Florida, is a rare find that combines a prime location, comprehensive development plans, and significant investment potential. With the beach just half a mile away and all the groundwork already laid for a 39-unit complex, you have the chance to create a thriving community in one of Florida's most beautiful coastal towns.
One of the standout features of this development opportunity is the comprehensive engineering plans already in place. These plans have been meticulously crafted to ensure a smooth development process, saving time and resources for the new owner. The renderings included in the photos section showcase the envisioned 39-unit complex, complete with sev
en beautifully designed buildings with mixtures of 1BR, 2BR, 3BR and 4BR units, and a community clubhouse featuring a pool. Each unit comes with its own address and individual parcel number, allowing for straightforward ownership and management. This property is not just a piece of land; it's a fully prepared development opportunity.
With all necessary documents and plans recorded, you can hit the ground running. Known for its beautiful white sandy beaches and crystal-clear waters, Mexico Beach is a desirable destination for those looking to escape the hustle and bustle of city life. The area is increasingly popular among tourists, making it an ideal spot for a residential complex that caters to both long-term residents and seasonal visitors.
Monthly Cost Estimate
$12,167/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
932 15th Street
Mexico Beach, FL 32456
No Named Subdivision
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 932 15th Street is listed at $2,275,000. The estimated monthly payment is $12,168 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 6.20 acre lot.
This property is listed by Carol E Erwin and can be reached at 8508191205.




