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Beachside Short-Term Rental Bungalow
For Sale
$525,000

101 42nd Street, Mexico Beach, FL 32456

Residential, Mexico Beach, FL

Property Size1,012 SF
Lot Size0.01 Acres
Price / SF$518.77
Days on Market99

Property Features for 101 42nd Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Resid Multi-Family
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Parking 2
Window features Window Treatments
Patio and Porch features Porch
Exterior features BBQ Pit/Grill, Fenced Back Yard, Shower
Fencing Back Yard
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Tnkls
Subdivision Ocean Breeze Cottages
Lot features Within 1/2 Mile to Water
Elementary school St. Joe
Middle school St. Joe
High school St. Joe
Directions Traveling East from Panama City, turn right on 42nd St, and the destination is on your left.
Standard status Active
APN 04126-050-050
Size 1,012 SF
Lot size 0.01 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOTS E ORB 4467 P 874 OCEAN BREEZE
Tax Annual Amount 7574
Legal Description LOTS E ORB 4467 P 874 OCEAN BREEZE

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Building Details

Year built 2020
Floors in Building 1
Flooring type Vinyl
Building materials Siding CmntFbrHrdBrd
Architectural style Other
Listing Agency: The Beach Group Properties LLC
Listed By: Shelby L Schuler · License #3542159
Added: May 17 Changed: Aug 19 Last Checked: Aug 23 at 7:06PM
MLS# 1003275

Copyright © 2026 Emerald Coast Association of Realtors. 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.

Seabreeze Bungalow is a 2-bedroom, 2-bath short-term rental property built in 2020 and positioned on the beach side of Highway 98, described as a short stroll to Mexico Beach. The home is sold fully furnished and ready for rental use, with professionally decorated updates completed in 2025.

Inside, the property features custom finishes and high-quality construction, including luxury vinyl plank flooring and 9-foot ceilings. Kitchen finishes include quartz countertops, and practical systems include spray foam insulation, a Rinnai tankless water heater, central heating, and central air conditioning. The exterior is described as having a durable metal roof, with a porch, fenced back yard, and an outdoor BBQ pit/grill.

The home is supported by public sewer service and includes appliances such as a dishwasher, microwave, refrigerator, electric stove/oven, and washer/dryer.

Key Highlights

  • Built in 2020 beachside short‑term rental bungalow with 2 bedrooms and 2 baths
  • 1012 SF and 0.01 acres
  • Professionally updated furnishings and artwork completed in 2025; sold fully furnished

Property Analytics

Current Use

Short term rental ...

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.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Professionally updated, fully furnished two-bedroom bungalow on the beach side of Highway 98 with modern interior finishes.
Where is this short term rental property located?
The property is located at 101 42nd Street Mexico Beach, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Built in 2020 beachside short‑term rental bungalow with 2 bedrooms and 2 baths; 1012 SF and 0.01 acres; Professionally updated furnishings and artwork completed in 2025; sold fully furnished
More about this property
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