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2604 Highway 98, Mexico Beach, FL 32456
$399,000
2604 Highway 98, Mexico Beach, FL 32456View this property at 2604 Highway 98, Mexico Beach, FL 32456
2604 Highway 98Mexico BeachFL32456
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Property 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 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. (NOTE: Two ground lease tenants are on site: a food truck/trailer and a snow cone cart. Please do not bother tenants or impede their business. Two six-month ground leases are in place. The leases are short-term, and lease copies will be provided within 5 days of going under contract on the property for the buyer to review. An NDA must accompany any offer to receive them and the lease amounts.)
Full Property Details
Full Property Details for 2604 Hwy 98
General
- Price: $399,000
- Taxes: $2,499 (2023)
- Status: Active
- Type: Lots/Land
- MLS ID: O6187591
- Updated: 5/29/2024
- Added to Site: 80 day(s) ago
Location
- Area: 32456 - Port Saint Joe
- County: Bay
- Development Name: 32456 - Port Saint Joe
- Subdivision: MEXICO BEACH SUB UN 4
- Driving 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.)
Community
- Community Name: 32456 - Port Saint Joe
Utilities
- Sewer: Public Sewer
- Water District: Gulf Of Mexico
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electrical Nearby, Electricity Available, Natural Gas Available, Phone Available, Public, Sewer Available, Sewer Nearby, Telephone Nearby, Water Available, Water Nea
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,492
- Lot Size: 7492
- Lot Dimensions: 100 x 75
- Frontage: Street Dead-End, Street Paved, County Road, Highway, Main Throrughfare
- Street/Road Desc.: Paved, Asphalt
Water Features
- Water Front Name: Gulf Of Mexico
Financial Considerations
- Price Per Acre: $2,347,059
- Assoc Fee Desc.: None
- Tax Amount: $2,499
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: MEXICO BEACH UNIT 4 LOT 5 BLK B ORB 4294 P 79
- Flood Zone Info: X
- Disclosures/Reports: Land Sales Disclosure
- APN: 4494000000
- Property ID: 4494000000
- Block/Lot/Section: B
Listed by Studstill Realty Group, Llc
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Schools
Schools serving 2604 Hwy 98
School District:Gulf
Rating | Name | Grades | Distance |
---|---|---|---|
7800 Tyndall Pkwy, Panama City, FL 32403 | PK-5 | 14.9 mi | |
7115 E Highway 22, Panama City, FL 32404 | PK-5 | 16.9 mi | |
640 S Highway 22 A, Panama City, FL 32404 | PK-5 | 17 mi | |
Everitt Middle School
608 School Ave, Panama City, FL 32401 | 6-8 | 18.9 mi | |
600 W 11th St, Panama City, FL 32401 | 6-8 | 21.5 mi | |
5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 22.1 mi | |
Gulf Virtual Franchise
150 Middel School Rd, Port St. Joe, FL 32456 | 9-12 | 13.3 mi | |
1000 School Ave, Panama City, FL 32401 | 9-12 | 19.3 mi | |
924 Bay Ave, Panama City, FL 32401 | 9-12 | 20.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2604 Hwy 98
Date
Details
Price
Change
Source
3/20/2024
Listed
$399,000
79.33%
MLS
8/31/2020
Sold
$222,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2604 Hwy 98
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,499
43%
$198,764
99%
2021
$1,750
-9%
$99,900
-21%
2022
$1,919
10%
$125,800
31%
2021
$1,750
-23%
$96,200
-21%
2019
$2,277
-44%
$122,296
-30%
2018
$4,071
51%
$173,548
5%
2017
$2,693
9%
$164,555
10%
2016
$2,481
1%
$149,938
2%
2015
$2,449
3%
$146,440
4%
2014
$2,370
45%
$140,999
35%
2013
$1,637
—
$104,698
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2604 Hwy 98
2604 Highway 98, Mexico Beach, FL 32456 (MLS# O6187591) is a Lots/Land property with a lot size of 0.17 acres. 2604 Highway 98 is currently listed for $399,000 and was received on March 20, 2024. Want to learn more about 2604 Highway 98? Do you have questions about finding other Lots/Land real estate for sale in Mexico Beach? You can browse all Mexico Beach real estate or contact a Coldwell Banker agent to request more information.