900 Highway 98, Mexico Beach, FL 32456 (MLS# 936014)


$1,999,000
900 Highway 98
Mexico Beach, FL 32456
MLS# 936014



Looking North from Hwy 98 at former parking lot and acreage.
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Looking North from Hwy 98 at former parking lot and acreage. East view of parking and vacant lots. The ocean view of the Gulf is directly across the highway. Gulf front condos located across the highway.

Property Description
Prime commercial property located on Hwy 98 in the heart of Mexico Beach. The Gulf of Mexico beaches are across the road. Prior to the last hurricane, this was the only grocery store in Mexico Beach. The city of Mexico Beach is currently without a grocery store. This property is zoned General Commercial. Great retail location also prime for Mixed Use development. The seller will consider owner financing, holding first mortgage, with 50% down payment, 3 year balloon note, 15 year amortization schedule, with 7% simple interest.

Details
None
Current Price: $1,999,000
Status Change Info
Status: Active
Contract Info
GCCMLS Number: 30860387
List Date: 2023-11-01
List Price: $1,999,000
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 27 - Bay County
Street #: 900
Street Name: Highway 98
State: FL
Zip Code: 32456
County: Bay
Sub Area: 2717 - Bay East - Mexico Beach
Parcel ID: 04411-000-000
Legal Description: MEXICO BEACH U-2 236A2 LOTS 1,2 & 3 BLK S TOG W ESMT FOR ENCROACHMENTS ORB 3732 P 295
General Property Info
Listed on GCCMLS: Yes
Vacant: Yes
Immediate Occupancy: Yes
Acreage: 0.35
Lot SqFt: 15400
Lot Frontage: 200
Lot Depth: 77
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: Prime commercial property located on Hwy 98 in the heart of Mexico Beach. The Gulf of Mexico beaches are across the road. Prior to the last hurricane, this was the only grocery store in Mexico Beach. The city of Mexico Beach is currently without a grocery store. This property is zoned General Commercial. Great retail location also prime for Mixed Use development. The seller will consider owner financing, holding first mortgage, with 50% down payment, 3 year balloon note, 15 year amortization schedule, with 7% simple interest.
Office/Member Info
Cooperative Comp: 2
Cooperative Comp Type: %
Land
Price P/SqFt: 146.1
Property Type: Commercial
Property Features
Class: Land
Construction Status: N/A

Listing Office: RE/MAX By the Sea

Last Updated: February - 26 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

Wednesday 15th of May 2024 09:59 PM