3010 Highway 98 #lot 3, Mexico Beach, FL 32456
Local realty services provided by:CENTURY 21 First Story Real Estate
3010 Highway 98 #lot 3,Mexico Beach, FL 32456
$365,000
- 0.06 Acres
- Lots / Land
- Active
Listed by: donna l murray
Office: forgotten coast realty of nw florida llc.
MLS#:788946
Source:FL_BCMLS
Price summary
- Price:$365,000
About this home
Investment opportunity-commercial lot 3 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 3 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 3 deserves a serious look.
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Home facts
- Listing ID #:788946
- Added:1 day(s) ago
- Updated:April 27, 2026 at 10:32 AM
Structure and exterior
- Lot area:0.06 Acres
Finances and disclosures
- Price:$365,000
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