1405 Hwy 98, Mexico Beach, FL

$1,299,000

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0.12

Acres

About 1405 Hwy 98

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!

Features of 1405 Hwy 98

MLS® # 317800
Price $1,299,000
Acres 0.12
Type Land
Sub-Type Residential Lots/Land
Status Active

Community Information

Address 1405 Hwy 98
Area Mexico/St. Joe Beach
City Mexico Beach
State FL
Zip Code 32456

Amenities

Utilities Cable Available, Electricity Available, Phone Available, Sewer Available, Tap Fee Paid, Water Available, Natural Gas Available
Is Waterfront Yes
Waterfront Gulf

Additional Information

Date Listed June 8th, 2024

Listing Details

OfficeMexico Beach Harmon Realty Inc

Listing Map

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