115 S 42nd St Unit 2 Mexico Beach, FL 32456
Estimated payment $10,780/month
Highlights
- Gulf View
- Enclosed Patio or Porch
- Coffered Ceiling
- Vaulted Ceiling
- Balcony
- Wet Bar
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,202
Year Built
- Built in 2023
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 75x89
- Back Yard Fenced
Home Design
- Duplex
- Off Grade Structure
- Concrete Siding
Interior Spaces
- 3,550 Sq Ft Home
- 2-Story Property
- Wet Bar
- Coffered Ceiling
- Tray Ceiling
- Vaulted Ceiling
- Ceiling Fan
- Family Room
- Tile Flooring
- Gulf Views
Kitchen
- Electric Oven or Range
- Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- Split Bedroom Floorplan
- Shower Only
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Balcony
- Enclosed Patio or Porch
Schools
- St. Joe Elementary And Middle School
- St. Joe High School
Utilities
- Central Air
Listing and Financial Details
- Assessor Parcel Number 04691-020-000 & 04691-010-00
Map
Home Values in the Area
Average Home Value in this Area
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 | $493,633 | $176,357 | $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 | $1,493 | $80,189 | $80,189 | $0 |
| 2018 | $2,562 | $136,874 | $0 | $0 |
| 2017 | $2,205 | $134,781 | $0 | $0 |
| 2016 | $2,085 | $126,044 | $0 | $0 |
| 2015 | $2,117 | $126,587 | $0 | $0 |
| 2014 | $2,104 | $125,215 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2025 10/20/25 | For Sale | $1,925,000 | -- | $1,055 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | -- | Manausa Shaw & Minacci Pa | |
| Warranty Deed | $330,000 | Defender Title & Escrow | |
| Warranty Deed | $215,000 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $247,500 | Future Advance Clause Open End Mortgage |
Source: Emerald Coast Association of REALTORS®
MLS Number: 987884
APN: 04691-010-000
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