$2,275,000
Mexico Beach, FL 32456
MLS# 791994
1 / 15
Property Description
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.
Details
Maps
Contract Info
List Price/Acre: 366935.48
List Type: Exclusive Right of Sale
Named Exception: No
List Date: 2026-06-22
List Price: $2,275,000
Current Price: $2,275,000
Sub-Type: Vacant Land
Location, Tax & Legal
Sub Area: 0517 - Bay East - Mexico Beach
Community/Resort: None
Waterfront: No
Elementary School: Port St. Joe
Middle School: Port St. Joe
High School: Port St. Joe
Directions: Hwy 98 in Mexico Beach. N on 15th St. About 1/2 mile property on L.
HOA Fee: No
Street #: 932
Street Name: 15th
Street Suffix: Street
State: FL
Zip Code: 32456
County: Bay
Area: 05 - Bay County - East
Subdivision: No Named Subdivision
Parcel ID: 40001-800-000
Legal Description: 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
General Property Info
Acreage: 6.2
Lot Size (SqFt): 270072
Is Subject Leased: No
Remarks & Misc
Remarks: 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.
Financing
Cash: 1
Conventional: 1
Lot Features
Level: 1
Within 1/2 Mile to Water: 1
Lot/Parcel Access
City Road: 1
Paved Road: 1
Present Zoning
City: 1
General Commercial: 1
Multi-Family: 1
Resid Multi-Family: 1
Utilities
Electricity - Connected: 1
Sewer Available: 1
Water Available: 1
TransportationAccess
City Road: 1
Paved: 1
Status Change Info
Status: Active
Property Features
TransportationAccess: City Road; Paved
Financing: Cash; Conventional
Lot Features: Level; Within 1/2 Mile to Water
Utilities: Electricity - Connected; Sewer Available; Water Available
Present Zoning: General Commercial; Multi-Family; Resid Multi-Family
Listing Office: Forgotten Coast Realty of NW Florida LLC
Last Updated: June - 29 - 2026
Information deemed reliable but not guaranteed.