115 S 42nd Street 1, Mexico Beach, FL 32456

$962,500
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 1,825 Status: Active
Current Price: $962,500 List Date: 10/17/2025 Last Modified: 2/12/2026

Description

Welcome to the Cottages of Mexico Beach — a laidback coastal retreat just 100 steps from the sugar-white sands. This stunning 2023-built property was originally offered as both sides of the duplex, but is now available as an individual unit — giving buyers the opportunity to own one beautifully designed side in this prime beachside location. This spacious unit features 4 bedrooms and 3.5 baths, is fully furnished, and thoughtfully designed with modern coastal finishes throughout. The open-concept layout creates an inviting space for entertaining, while the well-equipped kitchen and stylish décor make it completely turnkey. Currently operating as a successful short-term rental with strong Airbnb history, this property offers excellent income potential or the perfect personal beach getaway. Located just minutes from the local marina and everything Mexico Beach has to offer, this is a rare opportunity to secure a newer construction property steps from the Gulf  without having to purchase the entire duplex. Whether you’re expanding your rental portfolio or looking for your own coastal retreat, this one checks the boxes. Enjoy open-concept living spaces, coastal décor, and well-equipped kitchens ideal for entertaining. Each unit offers spacious bedrooms, stylish finishes, and outdoor areas perfect for relaxing after a day at the beach. Feel the breeze as it sweeps across the Gulf of America while you lounge around in the cozy outdoor area. Whether you’re looking for a high-performing investment, a family beach retreat, or both, this duplex delivers exceptional flexibility and income potential. Don’t miss this rare opportunity to own a nearly new property so close to the Gulf in highly sought-after Mexico Beach!

Supplements: With all the beach life amenities with Mexico Beach Marina nearby, where you can enjoy all your boating needs and feel the warmth of true southern hospitality at the local Marina, General, Beach, and Country Store. From ethanol-free gas to live bait and groceries, everything is at your fingertips. And with a boat ramp just a short drive away, launching into the Gulf of America for a day of adventure is effortless. If you’re in need of more storage options, Point South Marina – Port St. Joe, is only 12 miles away, provides dry-dock storage facilities. As the ultimate watersports hub, this location caters to avid enthusiasts, offering thrilling offshore fishing experiences and inshore fishing adventures at Presnell’s Marina and RV Park. enjoy all the water activities, the area offers so many outdoor experiences, including horseback riding along the beach, just a short drive to Cape San Blas. And when it comes to culinary delights, explore the vibrant downtown of Port St. Joe, where a plethora of restaurants, breweries, and oyster bars sit ready to please your every palate.

More Information MLS# 780510

Listing Info, Tax and Legal

HOA Fee: No New Buyer Fee: No Last Taxes: 8909 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: Yes

Contract Info

List Price/SqFt: 527.4 Status: Active List Date: 2025-10-16 List Price: $962,500 Current Price: $962,500

Location

Unit #: 1 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: From Panama City, head East on 98 towards Mexico Beach, turn Right onto S 42nd Street, property is on the left. From Port St Joe, head West on 98 towards Mexico Beach, turn left on S 42nd Street, property on the left. Area: 05 – Bay County – East Street #: 115 Street Direction: S Street Name: 42nd Street Suffix: Street State: FL Zip Code: 32456 County: Bay Subdivision: No Named Subdivision Parcel ID: 04691-010-000 Legal Description: MEXICO BEACH UNIT #7 213D1 LOT 8 LESS PCL FOR U #B BLK 9 ORB 4532 P 320

General Property Info

Design: Duplex Apx SqFt(Htd/Cooled): 1825 Construction Status: Construction Complete SqFt Source: Prop App Site Half Baths: 1 Lot Dimensions: 37×90 New Construction: No Garage Y/N: No Pool: No Sub-Type: Attached Single Unit Bedrooms: 4 Full Baths: 3 Total Baths: 4 Year Built: 2023

Remarks & Misc

Remarks: Welcome to the Cottages of Mexico Beach — a laidback coastal retreat just 100 steps from the sugar-white sands. This stunning 2023-built property was originally offered as both sides of the duplex, but is now available as an individual unit — giving buyers the opportunity to own one beautifully designed side in this prime beachside location. This spacious unit features 4 bedrooms and 3.5 baths, is fully furnished, and thoughtfully designed with modern coastal finishes throughout. The open-concept layout creates an inviting space for entertaining, while the well-equipped kitchen and stylish décor make it completely turnkey. Currently operating as a successful short-term rental with strong Airbnb history, this property offers excellent income potential or the perfect personal beach getaway. Located just minutes from the local marina and everything Mexico Beach has to offer, this is a rare opportunity to secure a newer construction property steps from the Gulf  without having to purchase the entire duplex. Whether you’re expanding your rental portfolio or looking for your own coastal retreat, this one checks the boxes. Enjoy open-concept living spaces, coastal décor, and well-equipped kitchens ideal for entertaining. Each unit offers spacious bedrooms, stylish finishes, and outdoor areas perfect for relaxing after a day at the beach. Feel the breeze as it sweeps across the Gulf of America while you lounge around in the cozy outdoor area. Whether you’re looking for a high-performing investment, a family beach retreat, or both, this duplex delivers exceptional flexibility and income potential. Don’t miss this rare opportunity to own a nearly new property so close to the Gulf in highly sought-after Mexico Beach!

Dining Room

First: 1

Family Room

First: 1

Master Bathroom

Second: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Ice Maker: 1 Microwave: 1 Range – Electric: 1 Range Hood: 1 Washer: 1

Interior Features

Ceiling – Coffered: 1 Ceiling – Raised: 1 Floor – Tile: 1 Split Bedroom: 1 Wet Bar: 1

Construction/Siding

Concrete: 1 Foundation – Off Grade: 1 Siding – Hardie Board: 1

Exterior

Balcony: 1 Fenced Back Yard: 1 Fenced Privacy: 1 Shower: 1 Patio Covered: 1 Patio Enclosed: 1

Financing

Cash: 1 Conventional: 1

Furnished

Furnished: 1

Kitchen

First: 1

Lot Features

Improved Lots: 1 Near Beach Access: 1 Within 1/2 Mile to Water: 1

Lot Access

City Street: 1 Paved Road: 1

Parking Features

Driveway: 1 Paver Block: 1

Mstr Bath / Mstr Bdrm

MBath Shower Only: 1 MBed Walk-in Closet: 1

Present Zoning

County: 1 Resid Single Family: 1

Rooms

Bedroom: 1 Dining Room: 1 Family Room: 1 Full Bathroom: 1 Half Bathroom: 1 Kitchen: 1 Master Bathroom: 1 Master Bedroom: 1

Utilities

Electricity – Connected: 1 Internet – Broadband Available: 1 Public Sewer – Connected: 1 Public Water – Connected: 1

Waterview

Gulf: 1

Sale Type

As Is: 1

Full Bathroom

Second: 1

Half Bathroom

First: 1

Master Bedroom

Second: 1

Bedroom

First: 1 Second: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Electric: 1

Heating

Central: 1 Electric: 1

Security Features

Smoke Detector(s): 1

Property Features

Appliances: Dishwasher; Disposal; Dryer; Ice Maker; Microwave; Range – Electric; Range Hood; Washer Full Bathroom: Second Half Bathroom: First Master Bedroom: Second Bedroom: First; Second Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Balcony; Fenced Back Yard; Fenced Privacy; Shower; Patio Covered; Patio Enclosed Financing: Cash; Conventional Furnished: Furnished Kitchen: First Lot Features: Improved Lots; Near Beach Access; Within 1/2 Mile to Water Lot Access: City Street; Paved Road Master Bathroom: Second Dining Room: First Family Room: First Security Features: Smoke Detector(s) Parking Features: Driveway; Paver Block Rooms: Bedroom; Dining Room; Family Room; Full Bathroom; Half Bathroom; Kitchen; Master Bathroom; Master Bedroom Sale Type: As Is Utilities: Electricity – Connected; Internet – Broadband Available; Public Sewer – Connected; Public Water – Connected Waterview: Gulf Present Zoning: County; Resid Single Family

Room Information

Master Bedroom Level: Second Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12 Bedroom Level: First Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12 Bedroom Level: Second Dimensions: 14 x 13 Length: 14.00 Width: 13.00 Dimensions: 14 x 13 Bedroom Level: Second Dimensions: 14 x 13 Length: 14.00 Width: 13.00 Dimensions: 14 x 13 Family Room Level: First Dimensions: 15 x 13 Length: 15.00 Width: 13.00 Dimensions: 15 x 13 Dining Room Level: First Dimensions: 11 x 13 Length: 11.00 Width: 13.00 Dimensions: 11 x 13 Kitchen Level: First Dimensions: 10 x 6 Length: 10.00 Width: 6.00 Dimensions: 10 x 6 Master Bathroom Level: Second Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Full Bathroom Level: Second Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Full Bathroom Level: Second Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1 Half Bathroom Level: First Dimensions: 1 x 1 Length: 1.00 Width: 1.00 Dimensions: 1 x 1
Listing Office: Salty Marlin Realty LLC
Last Updated: February – 12 – 2026
Information deemed reliable but not guaranteed.