Immerse yourself in the unparalleled charm of Old Florida living with these two exceptional X-FLOOD ZONE "TOURIST COMMERCIAL" designated lots (2604 Hwy 98 & 101 N 26th St) fronting US Hwy 98 in Mexico Beach, Florida – a hidden gem along North Florida's Gulf Coast. Boasting a prime location, these two "TOURIST COMMERCIAL" lots, measuring 200 front feet on Hwy 98 and 75 feet deep on both 26th St and 27th St, for a total of 350 feet of road frontage. Located less than 500 feet from the sugar-white sands of Mexico Beach and the Gulf of Mexico, these two lots offer a rare opportunity to enhance and embrace coastal life in Mexico Beach. This strategically located property provides the flexibility to construct new beachfront residences, a four-plex, 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 while capturing 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 double lot; it's an invitation to shape a coastal haven that mirrors the allure of this unique Old Florida beach community. (NOTE: Possible short-term seller financing available w/min 400k down. Inquire for details. A month-to-month ground-lease tenant is on site on the left lot: a food truck/trailer. Please do not bother the tenant or impede business. Survey available.) Mexico Beach Code Library link: https://codelibrary.amlegal.com/codes/mexicobeach/latest/overview
Features: Cleared, Dead End, Level, See Remarks, Sidewalks, Survey Available, Within 1/2 Mile of Water
Details
Parcel number: 04494000000
Zoning: TC
Zoning description: Business,City,Commercial,County,Mixed Use,Residential Multi-Family,Residential Single Family,See Remarks
Special conditions: As Is
Utilities & green energy
Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Connected
Community & HOA
Community
Features: Beach Community
Subdivision: No Named Subdivision
Location
Region: Mexico Beach
Financial & listing details
Tax assessed value: $206,164
Annual tax amount: $5,852
Date on market: 1/27/2026
Listing terms: Cash,Conventional,Owner Will Carry,See Remarks
Total actual rent: 0
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/27/2026
Price change
$879,000-4.5%
Source: Forgotten Coast Realtor Association #325168Report a problem
5/30/2026
Price change
$920,000-7.5%
Source: Forgotten Coast Realtor Association #325168Report a problem
1/27/2026
Listed for sale
$995,000+347.2%
Source: Forgotten Coast Realtor Association #325168Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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