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!