$1,925,000

115 S 42nd St Unit 1 & 2 Mexico Beach, FL 32456

Estimated payment $10,784/month

4 Beds
5 Baths
3,550 Sq Ft
$542 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • No HOA
  • Balcony
  • High Ceiling
  • Enclosed Patio or Porch
  • Coffered Ceiling

About This Home

Welcome to the Cottages of Mexico Beach a laidback coastal retreat!! Just 100 steps to the sugar-white sands of Mexico Beach! This stunning 2023-built duplex offers the perfect combination of modern luxury and coastal charm. Live in one Side and Rent the other out for vacation rental or short term rental them both! Located 2 minutes from the local marina. Each side features 4 bedrooms and 3.5 baths, beautifully furnished and thoughtfully designed for comfort and style. Sold fully furnished and turn-key, this property is ready to continue as a successful short-term rental—currently listed on Airbnb with a strong rental history.

Enjoy open-concept living spaces, coastal decor, 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! 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.

Listing Agent

The Wheeler Sauls Collective

Salty Marlin Realty LLC Listed on: 10/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,253

Year Built

  • Built in 2023

Lot Details

  • Lot Dimensions are 75x89
  • Property fronts gulf or ocean
  • Fenced

Parking

  • Driveway

Home Design

  • Duplex
  • HardiePlank Type

Interior Spaces

  • Wet Bar
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Tile Flooring
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Enclosed Patio or Porch

Schools

  • Port St. Joe Elementary And Middle School
  • Port St. Joe High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,253

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Duplex
  • Lot Size: 75x89
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Duplex
  • New Construction: No
  • Structure Type: Duplex
  • Property Sub Type Additional: Duplex
  • Special Features: NewHome

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range Hood, Washer
  • Interior Amenities: Wet Bar, Coffered Ceiling(s), High Ceilings, Split Bedrooms
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Flooring: Tile
  • Dining Room Type: Bedroom, Dining Room, Family Room, Full Bath, Half Bath, Kitchen, Primary Bathroom, Primary Bedroom

Exterior Features

  • Fencing: Fenced, Privacy
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: HardiPlank Type, Concrete
  • Exterior Features: Balcony, Patio, Outdoor Shower
  • Patio And Porch Features: Enclosed, Balcony, Covered, Patio

Garage/Parking

  • Parking Features: Driveway
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Electricity Available, High Speed Internet Available
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Amenities: Beach Access
  • Association: No

Schools

  • Middle Or Junior School: Port St. Joe

Lot Info

  • Lot Features: Paved
  • Mobile Dim Units: Feet
  • Zoning Description: County, Resid Single Family

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 8253.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Port St. Joe
  • High School: Port St. Joe

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 For Sale $1,925,000 -- $542 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Source: Central Panhandle Association of REALTORS®

MLS Number: 780510

Central Panhandle Association of REALTORS®