$1,250,000

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

Estimated payment $7,486/month

Total Views 15,455
4 Beds
3.5 Baths
1,825 Sq Ft
$685 Price per Sq Ft

Highlights

  • Resort Property
  • 0.76 Acre Lot
  • Florida Architecture
  • Gulf View
  • Vaulted Ceiling
  • Furnished

About This Home

Welcome to The Cottages at Mexico Beach, your perfect coastal escape! Unit #1, built in 2023, is a beautiful 4-bedroom, 3.5-bathroom cottage that offers the ideal blend of modern luxury and classic 'Old Florida' charm. Located just 2 minutes from the Mexico Beach Marina, you'll enjoy easy access to the Gulf of Mexico, where you can set sail within 5 minutes of leaving your doorstep. The cottage is fully furnished, featuring a spacious layout and inviting outdoor spaces that are perfect for hosting gatherings or simply relaxing by the coast. Convenience is at your fingertips with the nearby marina, offering ethanol-free gas, live bait, groceries, and all your boating needs. For adventure seekers, launching into the Gulf is effortless with a nearby boat ramp, and Point South Marina in Port St. Joe, just 12 miles away, provides dry-dock storage facilities. Whether you're an avid offshore or inshore fishing enthusiast, or simply enjoy watersports, this location is a hub for all things on the water. Beyond boating, the area offers an array of outdoor activities, including horseback riding along the beach at nearby Cape San Blas, and exploring the vibrant dining scene in Port St. Joe with its local restaurants, breweries, and oyster bars. This home not only provides a dream coastal lifestyle but also a lucrative investment opportunity.

Listing Agent

Lisa Forehand

Beach Properties Real Estate Group Brokerage Email: 8502272500, lisa.forehandteam@gmail.com License #3251351 Listed on: 10/10/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,253

Year Built

  • Built in 2023

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 36 x 90 x 37 x 89
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Landscaped

Home Design

  • Florida Architecture
  • Beach House
  • Pillar, Post or Pier Foundation
  • Off Grade Structure
  • Wallpaper
  • HardiePlank Type

Interior Spaces

  • 1,825 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Wainscoting
  • Tray Ceiling
  • Vaulted Ceiling
  • Recessed Lighting
  • Blinds
  • Family Room
  • Dining Room
  • Tile Flooring
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Tuck Under Parking
  • Driveway
  • Guest Parking
  • Open Parking

Outdoor Features

  • Outdoor Shower
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Resort Property
  • Mexico Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block Lot 8 Blk 9 / Lot 8 Blk 9
  • Assessor Parcel Number 04691010000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,253

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Attribution Contact: 8502272500, lisa.forehandteam@gmail.com
  • Directions: From PSJ, head west on 98 towards Mexico Beach, turn left onto S 42nd Street, property is on the left. From Bay County, head east on 98 towards Mexico Beach, turn right on S 42nd Street, property on the left. No sign.
  • Prop. Type: Residential
  • Building Stories: 2
  • Property Sub Type: ASF (Attached Single Family)
  • Lot Size Acres: 0.76
  • Lot Size: 36 x 90 x 37 x 89
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Mexico Beach
  • Architectural Style: Beach House, Florida Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2
  • Property Attached Yn: Yes
  • Year Built: 2023
  • NAV22_ResortRentalYN: Yes
  • NAV22_Room3Name: Dining Room
  • NAV22_Room7Name: Master Bedroom
  • NAV22_Room13Name: Full Bath
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room1Name: Family Room
  • NAV22_Room5Name: Kitchen
  • NAV22_Room11Name: Master Bath
  • NAV22_Room9Name: Additional Bedroom
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer, Cooktop, Dishwasher, Disposal, Ice Maker, Microwave, Oven, Refrigerator
  • Furnished: Furnished
  • Interior Amenities: Ceiling Raised, Ceiling Treyed/Coffered, Vaulted Ceiling(s), Recessed Lighting, Split Bedroom, Wallpaper, Walls Wainscoting, Wet Bar
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Other, Tile
  • Living Area: 1825
  • Window Features: Window Treatments
  • Master Bedroom Features: Blinds
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Exterior Features: Outdoor Shower
  • Lot Features: Landscaped, Aerials/Topo Available, Survey Available, Within 1/2 Mile of Water, Improved Lot
  • Roof: Standing Seam
  • Fencing: Partial, Privacy, Wood
  • Pool Features: None
  • Pool Private: No
  • View: Gulf, Water
  • View: Yes
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Foundation Details: Off Grade, Pillar/Post/Pier
  • Patio And Porch Features: Balcony
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, Under House With Pad
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Internet Available, Sewer Connected, Water Connected, City Trash
  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 33105.6
  • Additional Parcels: No
  • Parcel #: 04691010000
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Short Term Lease

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8253.06
  • Tax Block: Lot 8 Blk 9
  • Tax Lot: Lot 8 Blk 9

Multi Family

  • Annual Gross Income: 75567

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,847 $490,598 $173,322 $317,276
2023 $2,847 $166,083 $166,083 $0
2022 $2,315 $138,895 $138,895 $0
2021 $1,817 $103,260 $0 $0
2020 $1,749 $93,873 $93,873 $0
2019 $625 $75,586 $0 $0
2018 $1,737 $126,205 $0 $0
2017 $1,363 $123,609 $0 $0
2016 $1,338 $121,067 $0 $0
2015 $1,356 $120,753 $0 $0
2014 $1,345 $119,795 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 For Sale $1,250,000 -- $685 / Sq Ft
Source: Forgotten Coast REALTOR® Association

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Warranty Deed $330,000 Defender Title & Escrow
Warranty Deed $215,000 Attorney
Warranty Deed $43,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,122,000 Construction
Previous Owner $247,500 Future Advance Clause Open End Mortgage
Previous Owner $19,485 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $75,000 Unknown
Previous Owner $50,000 Purchase Money Mortgage
Source: Public Records

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Source: Forgotten Coast REALTOR® Association

MLS Number: 319892

Forgotten Coast REALTOR® Association

APN: 04691-020-000