78 1st St, Mexico Beach, FL 32456

Property Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS!! PRIVATE MULTI-GENERATIONAL BEACH LIVING, 2 SEPARATE HOMES, JETTED POOL with GULF VIEW. Beach Oasis designed for multi-family / multi-generational living. Located on a private 0.64-acre lot (X flood zone), backing to 82 acres of preserved land, this rare property delivers serene seclusion, a jetted pool courtyard, and views of the Gulf - all just 300 steps to the beach!! With two separate homes, everyone can spread out and still stay connected—perfect for extended family, guests, or investor rental potential. Main Home (2BR/1BA): Step into a calm coastal retreat featuring a cozy brick wood-burning fireplace and a renovated kitchen with warm pecky cypress accents. French doors open to a spacious entertainment/sunroom with vaulted ceilings and 8 panoramic windows framing beautiful sunset views. Start your day or unwind at dusk, listening to the Gulf waves crash on the 50-foot front porch - a true lifestyle feature. Guest Cottage (2-story, 2BR/2BA): Just beyond the pool courtyard, the guest cottage offers its own boho beach vibe and comes fully furnished as a turnkey rental opportunity. Enjoy a second-floor deck with a Gulf view, plus a home theater featuring an 82” TV. The second floor includes a queen sleeper sofa and has a private entrance, making it ideal for an owner's suite. Enjoy $100K+ in improvements and extras, including a fully furnished Guest Cottage, $15K in hurricane windows, a golf cart, 2 kayaks, 7 mounted TVs and more!! Welcome to private coastal living with space and flexibility!!