This 6.22-acre Development Opportunity "Forgotten Coast Villas" in Mexico Beach, Florida, is a rare find that combines a prime location, comprehensive development plans, and significant investment potential. With the beach just half a mile away and all the groundwork already laid for a 39-unit complex, you have the chance to create a thriving community in one of Florida's most beautiful coastal towns. One of the standout features of this development opportunity is the comprehensive engineering plans already in place. These plans have been meticulously crafted to ensure a smooth development process, saving time and resources for the new owner. The renderings included in the photos section showcase the envisioned 39-unit complex, complete with seven beautifully designed buildings with mixtures of 1BR, 2BR, 3BR and 4BR units, and a community clubhouse featuring a pool. Each unit comes with its own address and individual parcel number, allowing for straightforward ownership and management. This property is not just a piece of land; it's a fully prepared development opportunity. With all necessary documents and plans recorded, you can hit the ground running. Known for its beautiful white sandy beaches and crystal-clear waters, Mexico Beach is a desirable destination for those looking to escape the hustle and bustle of city life. The area is increasingly popular among tourists, making it an ideal spot for a residential complex that caters to both long-term residents and seasonal visitors.
Property Details
MLS# | 320403 |
Status | Active |
Date Listed | December 24, 2024 |
Last Updated | December 24, 2024 |
Property Type | Land (Residential Lots/Land) |
Acreage | 6.2 |
Lot Dimensions | 210 x 1369 |
RVs Allowed | No |
HOA | No HOA Fees |
Features
Appliances | City Zoning, |
Construction | Cleared, Level, Within 1/2 Mile of Water, |
Lot | Cleared, Level, Within 1/2 Mile of Water, |
Location
Zip Code | 32456 |
Area | Mexico/St. Joe Beach |
Sub-area | Mexico Beach |
Subdivision | No Named Subdivision |
Coordinates | -85.39632, 29.944707 |
Legal Info | FORGOTTEN COAST VILLAS CONDOMINIUM ASSOCIATION , INC. ALL OF 04173-013-000 BEG. RE 40001-800-000 THROUGH 40001-800-039 39 UNITS ORB 4781 PG 2143 |
Map
Mortgage Estimator
Property information provided by the REALTOR’S® Association of Franklin and Gulf Counties, Inc.. IDX information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.
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