MLS Number:
261611
Property Type:
Commercial Land
List Price:
$7,500,000
Closed Date:
6/16/2021
Sold Price:
$5,100,000
Street #:
0
Street Name:
N 30th St
City:
Mexico Beach
State:
FL
Zip Code:
32456
Directions:
From Hwy 98, turn right onto 30th Street. Property located behind Cathey's Hardware.
Main Area:
Mexico/St. Joe Beach
Sub Area:
Mexico Beach
Subdivision:
No Named Subdivision
Lot Dimensions:
IRREGULAR
Apx Acres:
87
Flood Zone:
Association Fee:
No
Association Fee Amount:
0
Association Fee Paid Frequency:
Association Fee Includes:
Lot Features:
Corner, Within 1/2 Mile of Water
Water Front Info:
Canal
Water View Info:
Canal
Public Remarks:
This 87 acre property became much more valuable in late 2017 when the Mexico Beach City Council voted to allow this property zoning to be changed from low density residential to Tourist Mixed Use. The only other property with this coveted zoning is Bonfire Beach on the West End of town that's owned by The St. Joe Company. Per the MB LDR: Allowable uses now include single-family, multifamily, and ancillary uses: hotel, motel, and other temporary lodging units; neighborhood and community-scale commercial; beach clubs and other recreational uses Also listed- public and private uses such as offices and services, religious institutions, marinas and water related facilities; infrastructure and entertainment facilities. The development possibilities are now endless with this new zoning.
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