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
Listing Description

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

Principal$1,645
Interest$9,858
Insurance$664

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.

CE

Carol E Erwin

License 3079585

Agent at Forgotten Coast Realty of NW Florida

(850) 819-1205

Listed by Forgotten Coast Realty of NW Florida · Broker phone: (850) 648-3000 · View on Broker Site

MLS# 791994· Source: Central Panhandle Association of REALTORS· 85 days on PropertySimple

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.

932 15th Street, Mexico Beach, FL 32456

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