$1,200,000
For Sale
Browse 12 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Seller has reduced $550K and is ready to sell. This is a great investment opportunity in Mexico Beach, Florida. It's been close to 20 years since there was an opportunity in Mexico Beach for a property that is zoned to accommodate up to 6 homes and this is a great spot for a condo/townhouse development. This beachfront property is seaward of the CCCL line and is zoned general commercial. This zoning allows any allowed use in Mexico Beach and has a 48' height limit. Located in a great location of Mexico Beach not far from Killer Seafood and a short walk to the dedicated beach. If you're looking to build multi-family homes on a beachfront lot anywhere near Mexico Beach, this is a once in a lifetime opportunity.

  • Property Details
      • Utility FeaturesElectricity Available, Sewer Available, Water Available
      • Lot DescriptionOther, See Remarks, Waterfront
      • SubdivisionNo Named Subdivision
      • Elementary SchoolPort St. Joe
      • Middle SchoolPort St. Joe
      • High SchoolPort St. Joe
      • Property SubtypeResidential
      • Property ConditionTo Be Built
      • Property TypePurchase
      • Cost1200000
      • Utility SourcePublic
      • Taxes Annual$5,960
      • MLS #765278
      • MLS #765278
      • ViewGulf
      • Acres0.38
      • CountyBay
      • Days on Market (Cumulative)22

Location

Steven P Boulay | Central Bay Realty and Property Management LLCReal Estate Group

Interested in Purchasing 817 Hwy 98?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00