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Lot/land
  • Price cut: $41K (6/27)
    $879,000

    2604 W Highway 98 ., Mexico Beach, FL 32456

    --beds
    --baths
    0.34Acres
    Unimproved Land
    Built in ----
    0.34 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Adjacent residential properties
    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
    180 days
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    41
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Cassie Studstill 850-889-0774,

    Studstill Realty Group, LLC,

    Brittney Hulsey 850-227-4092,

    Studstill Realty Group, LLC

    Source: Forgotten Coast Realtor Association,MLS#: 325168MLS Logo

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Has water view: Yes
      • Water view: Gulf
      • Frontage length: 200
      Lot
      • Size: 0.34 Acres
      • Dimensions: 200 x 75
      • 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

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/27/2026Price change$879,000-4.5%
        Source: Forgotten Coast Realtor Association #325168 Report a problem
        5/30/2026Price change$920,000-7.5%
        Source: Forgotten Coast Realtor Association #325168 Report a problem
        1/27/2026Listed for sale$995,000+347.2%
        Source: Forgotten Coast Realtor Association #325168 Report a problem
        9/1/2020Sold$222,500+34.8%
        Source: Public Record Report a problem
        6/5/2013Sold$165,000-44.8%
        Source: Public Record Report a problem
        2/5/2011Price change$299,000-14.3%
        Source: FORGOTTEN COAST REALTY OF NW FLORIDA #240538 Report a problem
        7/16/2010Listed for sale$349,000
        Source: Forgotten Coast Realty of NW Florida #240538 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,612 +4.5%$132,967 +10%
        2023$2,499 +30.2%$120,879 +10%
        2022$1,919 $109,890
        2021-- --
        2020$1,793 -21.3%$96,200 -21.3%
        2019$2,277 $122,296 -29.5%
        2018$2,277 -44.1%$173,548 +5.5%
        2017$4,071 +51.2%$164,555 +9.7%
        2016$2,693 +10%$149,938 +2.4%
        2015$2,449 $146,440 +3.9%
        2014$2,449 $140,999 +34.7%
        2013-- $104,698 +14.1%
        2012-- $91,757 -27.1%
        2011-- $125,943 -0.3%
        2010-- $126,318 +153.2%
        2009-- $49,885 +0.1%
        2008-- $49,834 +3%
        2007-- $48,383 +2.5%
        2006-- $47,203 +3%
        2005-- $45,828 +3%
        2004-- $44,493 +3.5%
        2003-- $42,986 +2.4%
        2002-- $41,979 +1.6%
        2001-- $41,318 +1.7%
        2000-- $40,636
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32456

        Getting around

        36 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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