115 S 42nd Street # 1, Mexico Beach

$962,500

4 Beds
4 Baths
1,825 Sqft
.08 Acre
0 Garage

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.

Essential Information
MLS® #987884
Price$962,500
Sold Price$940,000
Date Sold$2026-05-20
Bedrooms4
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage1,825
Acres0.08
Year Built2023
TypeResidential
Sub-TypeTownhouse
StyleDuplex
StatusSold
Community Information
Address115 S 42nd Street # 1
Area27 - Bay County
SubdivisionNO RECORDED SUBDIVISION
CityMexico Beach
CountyBay
StateFL
Zip Code32456
Amenities
ViewGulf
Utilities

Electric, Public Sewer, Public Water

Interior
CoolingCentral Air, Ceiling Fan(s)
# of Stories2
Interior Features

Vaulted Ceiling(s), Tray Ceiling(s), Split Bedroom, Wet Bar

Appliances

Dishwasher, Disposal, Dryer, Microwave, Range Hood, Washer

Exterior
Lot DescriptionWithin 1/2 Mile to Water
ConstructionConcrete, Foundation Off Grade
Exterior Features

Balcony, Private Yard, Outdoor Shower

School Information
ElementarySt. Joe
MiddleSt. Joe
HighSt. Joe
Additional Information
Days on Website373
ZoningResid Single Family
Listing Details
OfficeSalty Marlin Realty
Property History
Price Reduced from $1,925,000 to $962,500
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 24th, 2026 at 3:07pm CDT.