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Property profile & analytics
OFF-MARKET
Land

115 42Nd St Mexico Beach, FL 32456

1,778 SF 0.07 ac lot
Property ID
Property summary
AI-generated overview

This stunning, fully furnished 1,778 square foot cottage in Mexico Beach, Florida, offers four bedrooms and three and a half bathrooms. The property boasts oversized porcelain wood-look tile floors, quartz countertops, frameless shower glass, stainless steel GE appliances, and custom wood insets in living and bedroom ceilings. Ideally situated just two minutes from Mexico Beach Marina, it provides unparalleled access to the Gulf of Mexico for boating, fishing (both inshore and offshore), and scalloping. Nearby boat storage options are also available. Enjoy the convenience of a family-owned marina with gas, bait, tackle, and groceries. Explore nearby Port St. Joe, with its diverse dining, breweries, and shopping, or venture further to Rosemary Beach (40 miles) or Apalachicola (35 miles) for historical sightseeing and unique dining experiences. For equestrian enthusiasts, Broke-a-Toe Horseback Riding on Cape San Blas beach is a short drive away. The property is currently generating rental income through AirBNB, with projections suggesting $80,000 annually. This turnkey property is perfect for both personal enjoyment and investment. The property sits on a 0.07-acre lot.

Property profile
Verified
Property type Land
Total area 1,778 SF
Lot 0.07 ac (3,049 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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