2604 Highway 98

Mexico Beach, FL 32456

$399,000
Price
7,492 / 0.17
Lot Size / Acres

Description

Currently, there are two six-month ground leases in place. Immerse yourself in the unparalleled charm of Olde Florida living with this exceptional lot in Mexico Beach, Florida – a hidden gem along North Florida's Gulf Coast. Boasting a prime location, this "TOURIST COMMERCIAL" designated lot, measuring 100 feet by 75 feet, is positioned within an arm's reach of the Gulf of Mexico, offering a rare opportunity to embrace coastal living at its finest. Situated prominently on Hwy 98 at 27th St., this...Currently, there are two six-month ground leases in place. Immerse yourself in the unparalleled charm of Olde Florida living with this exceptional lot in Mexico Beach, Florida – a hidden gem along North Florida's Gulf Coast. Boasting a prime location, this "TOURIST COMMERCIAL" designated lot, measuring 100 feet by 75 feet, is positioned within an arm's reach of the Gulf of Mexico, offering a rare opportunity to embrace coastal living at its finest. Situated prominently on Hwy 98 at 27th St., this strategically located property was once the site of a thriving duplex, setting the stage for a new chapter in coastal real estate development. With the flexibility to construct a new beachfront residence, a duplex, or a tourist commercial structure in line with Mexico Beach Land Development Code's guidelines, envision creating a space that seamlessly integrates with the tranquil surroundings. Capture the essence of low-intensity, tourist-oriented commercial activities that harmonize with the peace and serenity of the adjacent residential properties. This is not just a lot; it's an invitation to shape a coastal haven that mirrors the allure of this unique Olde Florida beach community.
  1. Listed by Cassie Studstill • STUDSTILL REALTY GROUP, LLC
  2. Listed by STUDSTILL REALTY GROUP, LLC

Property Details for 2604 Highway 98

Subdivision Name
MEXICO BEACH SUB UN 4
Township
06
Waterfront
No
Water View
Gulf/Ocean - Partial

Location

Listing Courtesy of STUDSTILL REALTY GROUP, LLC
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LISTING UPDATED: 04/05/2024 11:04 AM

Property Details for 2604 Highway 98

StatusActive
MLS #O6187591
Days on Market45
Taxes$2,499 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.17 AC
CountyBay County

Location

Listing Courtesy of STUDSTILL REALTY GROUP, LLC
Add your commute

Building Information for 2604 Highway 98

Lot Size0.17 AC

Payment Calculator

$2,386 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,178

Property Taxes

$208

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2604 Highway 98

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From County Road 386, head west on Hwy 98 approximately 2.2 miles to 26th St. The Property is on the right at the corner of 26th St. and Hwy 98 with 100 FT of frontage MOL. (Ground lease tenants have businesses on the lot: a food truck and a snow cone cart. Please do not disturb them.)
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: County Road, Highway, Main Throrughfare
  • Street Number: 2604
  • Street Name: HIGHWAY 98
  • State: FL
  • City: MEXICO BEACH
Taxes and HOA Information
  • Association Fee Requirement: None
  • Association: No
  • CDD: No
  • Tax Block: B
  • Tax Book Number: 4294 / 79
  • Tax Legal Description: MEXICO BEACH UNIT 4 LOT 5 BLK B ORB 4294 P 79
  • Tax Lot: 5
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Additional Water Information: Approximately 500 feet from the Gulf of Mexico.
  • Current Adjacent Use: Commercial, Professional Office, Residential, Vacant
  • Current Use: Commercial
  • Future Land Use: TouristCom
  • Lot Features: Buildable, Cleared, Corner Lot, In City Limits, In County, Level/Flat, Sidewalk, Street Dead-End, Street Paved
  • Lot Size Dimensions: 100x75
  • Parcel Number: 04494-000-000
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Body Name: GULF OF MEXICO
  • Water Extras: No
  • Zoning: TCOM
  • Zoning Compatible: Yes
  • Lot Dimensions: 100x75
Property and Assessments
  • Flood Zone Code: X
  • Flood Zone Date: 06-02-2009
  • Flood Zone Panel: 12005C0508H
  • Number Of Lots: 1
  • Public Survey Range: 12
  • Public Survey Section: 23
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electrical Nearby, Electricity Available, Natural Gas Available, Phone Available, Public, Sewer Available, Sewer Nearby, Telephone Nearby, Water Available, Water Nearby
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Front Footage: 100
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: Yes

Property History for 2604 Highway 98

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2604 Highway 98

Taxable ValueLand$198,764Additions-Total$198,764
Tax Record2023$2,499 ($208 / month)
Home Facts
Beds4Total Finished SqFt1,264 SqFtAbove Grade Finished SqFt1,264 SqFtStories1Lot Size7,492 SqFtStyleResidentialYear Built1959ZoningMB05CountyBAYAPN04494-000-000

Schools near 2604 Highway 98

This home is within Gulf.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Port St. Joe Elementary School
PublicPK to 6

Port St. Joe High School
Public7 to 12

Gulf Virtual Franchise
Public9 to 12

Gulf Apex
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2604 Highway 98 is a 0.17 ac of land for sale in Mexico Beach, FL 32456. This property was listed for sale on March 20, 2024 by STUDSTILL REALTY GROUP, LLC, it's currently listed at $399,000. It has been on the market for a total of 45 days and was last sold on August 31, 2020. This listing's school district is Gulf. Nearby schools include Port St. Joe Elementary School, Port St. Joe High School and Gulf Virtual Franchise. 2604 Highway 98 is a 0-bed, 0-bath, 0.17 ac of land on a 7,492 sq. ft. / 0.17 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of STUDSTILL REALTY GROUP, LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.