Skip to content
1 / 1

See all 86 photos

ActiveResidential

$2,999,900

Est. $17,719/mo

138 Canal Parkway

138 Canal Parkway, Mexico Beach, Florida 32456 Map

  • 6Beds
  • 5Baths
  • 2023Built

Listing courtesy of 98 Real Estate Group, LLC

At a glance

  • Property typeResidential
  • StatusActive
  • Year built2023
  • Lot size0.15 acres
  • MLS #796439

About this home

Welcome to 138 Canal Parkway, a 6BR/4.5BA home in Mexico Beach with both Gulf and canal views. Built in 2023 with pre-stressed concrete pilings, spray foam insulation, HardiPlank siding, and a metal roof, this home was constructed to handle the coast without giving up an ounce of style. Moving into the home, the main level opens into a dramatic great room with 10-foot cypress ceilings, shiplap walls, and Gulf views from nearly every window, flowing into a kitchen complete with quartz countertops, a large island, and a walk-in pantry. Also on this floor is the primary suite, with a spa-inspired en-suite bath and doors leading to the balcony that wraps around to the living and kitchen area. Upstairs, you will find five more bedrooms and three full baths finished to the same standard, including two jack-and-jill suites and a bunk room, making this one of the rare homes in Mexico Beach that truly sleeps a crowd. Large trex balconies on both levels take in the sunsets. The ground floor is set up for entertaining with a covered seating area, TV, and a fish cleaning station with high-density polyethylene countertops for the day's catch, plus parking for up to six vehicles or your boat under the home. A nicely landscaped yard leads to the saltwater pool, which is surrounded by a spacious sun deck. Built in 2023 with HardiPlank siding, a metal roof, and pre-stressed concrete pilings, this home was constructed to handle the coast without giving up an ounce of style. Sold fully furnished and already on a rental program, this property grossed $109,200 in 2025. The City of Mexico Beach owns slips right across the street with direct access to the Gulf, and you can rent the slips by the week, month, or year, fitting almost any fishing boat; you are also just down the road from the only beach access in Mexico Beach that allows dogs and bonfires. Call today!

Details

Price
$2,999,900
Property type
Residential
Status
Active
Bedrooms
6
Bathrooms
5
Full baths
4
Half baths
1
Acres
0.15
Year built
2023
City
Mexico Beach
County
Bay
State
Florida
Zip
32456
MLS #
796439

Location

What would it cost each month?

Estimated monthly payment

$17,719

Loan payment
$15,169
Property tax
$2,250
Insurance
$300
HOA / condo dues
$0
Amount borrowed
$2,399,920

Estimates only, for planning. Your rate, taxes, insurance and dues will differ. Ask a licensed lender for a quote.

Listing courtesy of 98 Real Estate Group, LLC

MLS

© 2026 Central Panhandle Association of Realtors (CPAR). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of CPAR. Real estate listings held by IDX Brokerage firms other than Life's a Beach Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. Data last updated: Saturday, October 31st, 2026 at 05:27:18 AM.
Data services provided by IDX Broker

Keep looking

More places nearby.

See all listings

126 Dunes Drive

Mexico Beach, Florida 32456

$4,190,000 9 bd · 11 ba · 1.18 ac

Listing courtesy of Beach Properties Real Estate

204 E Sugar Sand Way

Mexico Beach, Florida 32456

$2,595,000 5 bd · 6 ba · 0.2 ac

Listing courtesy of Beach Properties Real Estate

205 E Sugar Sand Way

Mexico Beach, Florida 32456

$2,375,995 5 bd · 5 ba · 0.22 ac

Listing courtesy of Scenic Sotheby's International Realty

$2,999,900 Active
Call Ask

Home valuation

Know what your place is worth today.

Curious what your condo or home would sell for right now? We'll pull the recent sales in your building or neighborhood and give you a straight number.

Request a home valuation