115 S 42nd Street 1, Mexico Beach, FL 32456 (MLS# 780510)

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

$962,500

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 1,825 Status: Pending

Current Price: $962,500 List Date: 10/17/2025 Last Modified: 4/21/2026

Overview

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 … (Read more)

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, launc … (Read more)

Listing Details MLS# 780510

Contract Info

List Price/SqFt: 527.4

Location

Area: 05 – Bay County – East
Street #: 115
Street Direction: S
Street Name: 42nd
Street Suffix: Street
Unit #: Yes
State: FL
Zip Code: 32456
County: Bay
Sub Area: 0517 – Bay East – Mexico Beach
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 04691-010-000
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.
Legal Description: MEXICO BEACH UNIT #7 213D1 LOT 8 LESS PCL FOR U #B BLK 9 ORB 4532 P 320

General Property Info

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

Status Change Info

Under Contract Date: 2026-04-17

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

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!

More Information

Dining Room

First: Yes

Family Room

First: Yes

Master Bathroom

Second: Yes

Appliances

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

Interior Features

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

Construction/Siding

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

Exterior

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

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Kitchen

First: Yes

Lot Features

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

Lot Access

City Street: Yes
Paved Road: Yes

Parking Features

Driveway: Yes
Paver Block: Yes

Mstr Bath / Mstr Bdrm

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

Present Zoning

County: Yes
Resid Single Family: Yes

Rooms

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

Utilities

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

Waterview

Gulf: Yes

Sale Type

As Is: Yes

Full Bathroom

Second: Yes

Half Bathroom

First: Yes

Master Bedroom

Second: Yes

Bedroom

First: Yes
Second: Yes

Cooling

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

Heating

Central: Yes
Electric: Yes

Security Features

Smoke Detector(s): Yes

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

Room Name	Level	Dimensions	Length	Width
Master Bedroom	Second	15 x 12	15.00	12.00
Bedroom	First	15 x 12	15.00	12.00
Bedroom	Second	14 x 13	14.00	13.00
Bedroom	Second	14 x 13	14.00	13.00
Family Room	First	15 x 13	15.00	13.00
Dining Room	First	11 x 13	11.00	13.00
Kitchen	First	10 x 6	10.00	6.00
Master Bathroom	Second	1 x 1	1.00	1.00
Full Bathroom	Second	1 x 1	1.00	1.00
Full Bathroom	Second	1 x 1	1.00	1.00
Half Bathroom	First	1 x 1	1.00	1.00

Listing Office: Salty Marlin Realty LLC

Last Updated: April – 21 – 2026

Information deemed reliable but not guaranteed.