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$698,000
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Property Description
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!!
Full Property Details
Full Property Details for 78 1st St
General
- Price: $698,000
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 785873
- Updated: 5/6/2026
- Added to Site: 72 day(s) ago
Interior
- Number of Rooms: 7
- Appliances: Electric Range, Tankless Water Heater
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, In Ground, Private
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Patio
- Porch/Patio/Deck: Patio
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: Taking Hwy 98 W to Mexico Beach. Turn right onto 1st St & cross over Florida Ave. House will be 3rd home on the left. Look for sign.
School Information
- Elementary School: Port St. Joe
- Middle School: Port St. Joe
- High School: Port St. Joe
Community
- Community Name: 05 - Bay County - East
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available, Phone Connected
Structural Information
- Architectural Style: Ranch
- Construction: Vinyl Siding, Wood Frame
- Roof: Metal
- Windows: Storm Window(s)
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 1977
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.64
- Lot Size (Sq. Ft.): 27,966
- Lot Size: .64
- Lot Dimensions: 99 x 280
- Lot Features: Paved
- Zoning: Resid Single Family
- Fencing (Description): Privacy
Water Features
- Water View: Yes
Disclosures and Reports
- Legal Description: MEXICO BEACH UNIT # 9 LOT 4 BLK 3 ORB 4451 P 833
- Property ID: 04813-010-000
Listed by Beach Properties Real Estate
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Schools
Schools serving 78 1st St
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tyndall Elementary School 7800 Tyndall Pkwy, Tyndall Air Force Base, FL 32403 | PK-8 | 16.7 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 21 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 78 1st St
Date
Details
Price
Change
Source
3/20/2026
Price Reduced
$698,000
-6.92%
MLS
2/26/2026
Listed
$749,900
32.73%
MLS
8/04/2021
Sold
$565,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 78 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,062
3%
$544,494
6%
2024
$7,845
-1%
$511,264
2%
2023
$7,908
90%
$503,300
111%
2021
$4,152
-43%
$238,733
-50%
2022
$7,305
76%
$480,070
124%
2021
$4,152
45%
$214,772
40%
2019
$2,864
-38%
$153,832
-37%
2018
$4,637
19%
$243,526
2%
2017
$3,898
24%
$238,207
3%
2016
$3,154
-1%
$230,829
—
2015
$3,194
—
$230,688
—
2014
$3,204
8%
$230,389
1%
2013
$2,966
—
$228,951
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 78 1st St
78 1st Street, Mexico Beach, FL 32456 (MLS# 785873) is a Single Family property with 4 bedrooms and 3 full bathrooms. 78 1st Street is currently listed for $698,000 and was received on February 26, 2026. Want to learn more about 78 1st Street? Do you have questions about finding other Single Family real estate for sale in Mexico Beach? You can browse all Mexico Beach real estate or contact a Coldwell Banker agent to request more information.

