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$599,000 Just Listed
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Property Description
Exceptional commercial development opportunity in the heart of Mexico Beach! This offering includes two adjoining corner parcels (Parcel ID 04678-000-000 and Parcel ID 04679-000-000), providing approximately 100 feet of road frontage by 75 feet deep on a highly visible corner in the desirable X Flood Zone. Positioned within the General Commercial (GC) Zoning District, this property offers outstanding flexibility for a wide variety of commercial and residential development opportunities. General Commercial zoning allows for a wide variety of permitted uses, including retail stores, restaurants and open-air cafs, grocery and specialty food stores, professional and medical offices, financial institutions, personal service businesses, shopping centers, educational facilities, veterinary offices, recreational facilities, community centers, churches, as well as single-family and multi-family residential development, along with many other commercial opportunities permitted under the City of Mexico Beach Land Development Regulations. Located just a short walk from the future Al Cathey Municipal Pier on 37th Street, this property is well positioned to benefit from the additional pedestrian activity anticipated with the pier's return. An additional commercial parcel located directly across 35th Street on the west side (Parcel ID 04671-000-000) MLS#329121 is also available for purchase under a separate listing.Buyer should conduct their own due diligence to verify parcel dimensions, zoning, allowable uses, development standards, utilities, environmental conditions, and all other information deemed important. Any proposed development, permitted use, site plan, variance, or project is subject to approval by the City of Mexico Beach and the Mexico Beach City Council, where applicable.
Full Property Details
Full Property Details for 3404 Hwy 98 W
General
- Price: $599,000
- Status: Active
- Type: Vacant
- Source: 933
- MLS ID: 329119
- Updated: 8/4/2026
- Added to Site: 5 day(s) ago
Location
- Area: Mexico/St. Joe Beach
- Subdivision: No Named Subdivision
- Driving Directions: Traveling West on Hwy 98 turn right onto N 35th St. Both parcels are located on the East side of N 35th St Look for sign.
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Lot Features
- Lot Dimensions: 100 x 75
Disclosures and Reports
- Legal Description: MEXICO BEACH UNIT 6 (3.02) LOT 3 LESS W 55' BLK 3 ORB 4369 P 111. MEXICO BEACH UNIT 6 (3.01) W 55' OF LOT 3 BLK 3 ORB 4369 P 111 MAP 235C2
- Flood Zone Info: X
- Property ID: 04678-000-000
Listed by Rish Real Estate Group
Get Pre-Approved Today
Schools
Schools serving 3404 Hwy 98 W
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tyndall Elementary School 7800 Tyndall Pkwy, Tyndall Air Force Base, FL 32403 | PK-8 | 14.5 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 18.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3404 Hwy 98 W
Date
Details
Price
Change
Source
8/04/2026
Listed
$599,000
139.6%
MLS
2/26/2021
Sold
$250,000
—
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 3404 Hwy 98 W
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,069
4%
$123,750
7%
2023
$1,980
3%
$115,500
—
2022
$1,925
54%
$115,500
62%
2021
$1,246
8%
$71,156
15%
2019
$1,152
10%
$61,875
—
2018
$1,051
4%
$61,875
—
2017
$1,012
-1%
$61,875
—
2016
$1,024
6%
$61,875
7%
2015
$966
-1%
$57,750
—
2014
$971
8%
$57,750
—
2013
$903
—
$57,750
—
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 3404 Hwy 98 W
3404 Hwy 98 W, Mexico Beach, FL 32456 (MLS# 329119) is a Vacant property. 3404 Hwy 98 W is currently listed for $599,000 and was received on August 04, 2026. Want to learn more about 3404 Hwy 98 W? 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.

