Report Listing

Residential Land For Sale

Picture of Residential Land For Sale in Mexico Beach, Florida, United States

$1,299,000

1405 Highway 98
Mexico Beach, Florida, United States

Listed By: Realtyww Info

Listed On: 07/16/2024

Listing ID: GL11926933 View More Details

Description

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!

For more details:

Listed by: Ryan Harmon
Source: The World Property Journal

Advertisement

Other Properties Near Mexico Beach