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$995,000 Just Listed
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Property Description
Immerse yourself in the unparalleled charm of Olde Florida living with these two exceptional "TOURIST COMMERCIAL" designated lots 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, are positioned less than 500 feet from the sugar white sands of Mexico Beach and the Gulf of Mexico, offering a rare opportunity to embrace coastal life in Mexico Beach. This strategically located property provides the flexibility to construct new beachfront residences, a fourplex, 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 Olde Florida beach community. (NOTE: Possible short-term seller financing available w/min 400k down. Inquire for details. One month-to-month ground lease tenant is on site on the left lot: a food truck/trailer. Please do not bother tenant or impede business.) Mexico Beach Code Library link: https://codelibrary.amlegal.com/codes/mexicobeach/latest/overview
Full Property Details
Full Property Details for 2604 Hwy 98
General
- Price: $995,000
- Taxes: $5,852 (2025)
- Status: Active
- Type: Vacant
- Source: 933
- MLS ID: 325239
- Updated: 2/2/2026
- Added to Site: 3 day(s) ago
Location
- Area: Mexico/St. Joe Beach
- Subdivision: No Named Subdivision
- Driving Directions: From Co Rd 386, head west on Hwy 98 for approximately 2.2 miles to 26th St. Property is on 98 on the right between 26th St. & 27th St.
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Internet Available, Natural Gas Available, Phone Available, See Remarks, Sewer Available, Water Available
Unit Information
- Occupancy Rate: Tenant
Lot Features
- Lot Dimensions: 75 x 200
- Frontage: 350
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $5,852
- Tax Year: 2025
- Terms: Cash, Conventional, See Remarks
Disclosures and Reports
- Special Conditions: As Is
- Legal Description: MEXICO BEACH UNIT 4 LOT 5 BLK B ORB 3517 P 690 & MEXICO BEACH UNIT 4 235C2 LOT 6 BLK B ORB 4935 P 252
- Flood Zone Info: X
- Property ID: 04494-000-000
- Block/Lot/Section: LOT 5/BLK B/UNIT 4
Listed by Studstill Realty Group, LLC
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Schools
Schools serving 2604 Hwy 98
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tyndall Elementary School 7800 Tyndall Pkwy, Tyndall Air Force Base, FL 32403 | PK-8 | 14.9 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 19.2 mi |
Disclaimer:
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
2/02/2026
Listed
$995,000
—
MLS
Disclaimer: Historical sales 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 Hwy 98, Mexico Beach, FL 32456 (MLS# 325239) is a Vacant property. 2604 Hwy 98 is currently listed for $995,000 and was received on February 02, 2026. Want to learn more about 2604 Hwy 98? Do you have questions about finding other Vacant 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.

