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Canal-Front Quadplex with Boat Lift
For Sale
$2,650,000

100 42nd St, Mexico Beach, FL 32456

MULTI_FAMILY - Mexico Beach, FL

Property Size2,684 SF
Lot Size0.28 Acres
Price / SF$987.33
Days on Market48

Property Features for 100 42nd St

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning description Residential Multi-Family
Bedrooms 5
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bathroom 4, Bathroom 5, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Parking 3
Parking features Carport, Driveway
Interior features Breakfast Bar, Kitchen Island, Newly Painted, Recessed Lighting, Wet Bar
Appliances Convection Oven, Dishwasher, Disposal, Exhaust Fan, Freezer, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Wall Oven
Subdivision No Named Subdivision
Lot features Boating Access, Deeded Water Access, Waterfront
View Water
Directions Off Hwy 98. Turn toward beach the units are on the immediate right.
Standard status Active
APN 04765000004
Size 2,684 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Description MEXICO BEACH UNIT #7 COMM AT NORTHERN MOST COR OF LOT 6 BLK 16 SE 17.81' SW 22.5' SW 22.5' FOR POB SW 22.5' SE 62' NE 22.5' NW 62' TO POB AKA UNIT # 3 TOG W/COMMON AREA & BS #4 ORB 4672 P 1778
HOA Fee $1,500 Annually
Legal Description MEXICO BEACH UNIT #7 COMM AT NORTHERN MOST COR OF LOT 6 BLK 16 SE 17.81' SW 22.5' SW 22.5' FOR POB SW 22.5' SE 62' NE 22.5' NW 62' TO POB AKA UNIT # 3 TOG W/COMMON AREA & BS #4 ORB 4672 P 1778

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public
Water front 1

Amenities

fully furnished
boat lift
deeded boat slip

Building Details

Year built 2026
Building materials HardiPlank Type
Roof type Metal
Listing Agency: Nai Talcor - Psj
Listed By: Zach Ferrell · License #3102406
Added: Jul 7 Changed: Aug 2 Last Checked: Aug 23 at 5:06PM
MLS# 328416

Copyright © 2026 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

New canal-front quadplex under construction with furnished, turn-key interiors. The four residential units include canal front access and a 25,000 lb boat lift, along with a deeded boat slip described with 15' of clearance in width and over 40 ft in length. Unit flexibility includes configurations that can be used as a 5 bedroom unit, with the fifth bedroom described as usable as a tackle room and overflow bed. Interior features include breakfast bar, kitchen island, newly painted surfaces, recessed lighting, and a wet bar. Appliances listed include convection oven, dishwasher, disposal, exhaust fan, freezer, ice maker, microwave, refrigerator, tankless water heater, and wall oven. Construction materials include HardiPlank Type, and the roof is metal.

The property is located at 100 42nd St, Mexico Beach, FL 32456. Utilities include cable available, with public water and public sewer. Parking is described with a carport and driveway.

The middle floor is described as living, dining, and kitchen with space intended for entertaining.

Key Highlights

  • Under construction quadplex with canal‑front access
  • 25,000 lb boat lift plus deeded boat slip with 15' clearance and over 40 ft length
  • Furnished, turn‑key custom built townhome project

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Garden Center Grocery & Convenience Store Big Box & Wholesale Store Cafe & Coffee Shop Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

116
Businesses Nearby

Demographics for 32456, FL

7,439
Population
6,252
Households
1.2
Avg Household Size
55
Median Age
37%
College-Educated
96%
High-School Grad
106.2 sq mi
ZIP Area
70
Density / Sq Mi
$73,723
Median Household Income
$38,630
Median Earnings
$1,363
Median Rent
$338,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - New canal-front quadplex under construction with furnished interiors, boat lift, and deeded slip access.
Where is this quadplex located?
The property is located at 100 42nd St Mexico Beach, FL.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Under construction quadplex with canal‑front access; 25,000 lb boat lift plus deeded boat slip with 15' clearance and over 40 ft length; Furnished, turn‑key custom built townhome project
More about this property
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