$1,200,000

Description

Seller has reduced $550K and is ready to sell. This is a great investment opportunity in Mexico Beach, Florida. It's been close to 20 years since there was an opportunity in Mexico Beach for a property that is zoned to accommodate up to 6 homes and this is a great spot for a condo/townhouse development. This beachfront property is seaward of the CCCL line and is zoned general commercial. This zoning allows any allowed use in Mexico Beach and has a 48' height limit. Located in a great location of Mexico Beach not far from Killer Seafood and a short walk to the dedicated beach. If you're looking to build multi-family homes on a beachfront lot anywhere near Mexico Beach, this is a once in a lifetime opportunity.

  • Property Details
      • View:Gulf
      • Lot description:Other, See Remarks, Waterfront
      • Acres:0.38
      • Property type:Purchase
      • Utility source:Public
      • Utility features:Electricity Available, Sewer Available, Water Available
      • Subdivision:No Named Subdivision
      • Elementary School:Port St. Joe
      • Middle School:Port St. Joe
      • High School:Port St. Joe
      • County:Bay
      • Days on Market (Cumulative):54
      • Taxes annual:$5, 960
      • MLS #:765278
      • Cost:1200000
      • Property subtype:Residential
      • MLS #:765278
      • Property condition:To Be Built

Location

Central Bay Realty and Property ManagementReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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