932 15th Street, Mexico Beach, FL 32456

New Listing
$2,275,000
Property Type: Commercial Land Lot Size (sq. ft.): 270,072 Status: Active
Current Price: $2,275,000 List Date: 6/29/2026 Last Modified: 6/29/2026

Overview

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 managemen

Listing Details MLS# 791994

Location, Tax & Legal

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
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

Contract Info

List Price/Acre
366935.48
Sub-Type
Vacant Land
List Type
Exclusive Right of Sale
Named Exception
No

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
Yes
Conventional
Yes

More Information

Lot Features

Level
Yes
Within 1/2 Mile to Water
Yes

Lot/Parcel Access

City Road
Yes
Paved Road
Yes

Present Zoning

City
Yes
General Commercial
Yes
Multi-Family
Yes
Resid Multi-Family
Yes

Utilities

Electricity – Connected
Yes
Sewer Available
Yes
Water Available
Yes

TransportationAccess

City Road
Yes
Paved
Yes

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.