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For sale
    • $975,000

    111 S 38th St #8, Mexico Beach, FL 32456

    5beds
    1,991sqft
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    Townhouse
    Built in 2026
    1,568 Square Feet Lot
    $943,600 Zestimate®
    $490/sqft
    $-- HOA

    What's special

    BEACH SIDE OF HWY 98! A brand-new 5-bedroom, 4.5-bathroom townhouse in beautiful Mexico Beach, Florida, that offers the perfect blend of luxury, comfort, and coastal charm—just steps from the Gulf's white sands and emerald waters. Designed with families and groups in mind, this spacious home features five well-appointed bedrooms, each with its own private en-suite bathroom. Top floor features a large bunk room with plenty of bunk beds for kids. A full bathroom is conveniently located just outside the room.The heart of the home is a high-end kitchen with fresh gleaming gold accents and a gorgeous tiled backsplash. Look out to the combination dining/living area, ideal for gathering, dining, and recounting the day at the beach. The insulated floors keep you climate controlled in summer or winter. Four balconies with Trex decking to catch a Gulf breeze, making them perfect spots for your morning coffee or evening glass of wine. An outdoor shower adds convenience after beach days, while a fenced-in yard with additional seating and a grill area adds even more options for enjoying the outdoors. Private parking for up to four vehicles and also includes an EV charger. With safety in mind, this home was built with current code impact windows and doors. This turnkey coastal retreat offers everything you need for a relaxed and memorable vacation—location, comfort, and views all in one perfect package. When you cannot be there, you can enjoy the income from this very popular vacation rental. Or perhaps you want a luxe retirement option, a peaceful and quiet atmosphere just moments from the shoreline. Sold fully furnished, it is a turn-key opportunity for a place in paradise! Step into instant cash flow. Call today to schedule your showing.
    5 days
    |
    140
    |
    10
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    Zillow last checked:

    Listing updated:

    Listed by:

    Leilani Bruner 229-726-5228,

    Coastal Realty Group - Port St. Joe

    Source: Forgotten Coast Realtor Association,MLS#: 328946MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Drapes
      Primary bathroom
      • Features: Shower Only, Tile Counters
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Dishwasher, Exhaust Fan, Microwave, Refrigerator w/Ice Maker
      • Laundry: Washer/Dryer Hookup
      Features
      • Breakfast Bar, Lock Out Closet, Newly Painted, See Remarks, Wallpaper, Woodwork Painted, Open Floorplan
      • Doors: Storm Door(s)
      • Windows: Storm Window(s), Drapery Rods, Window Treatments
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 3,395
      • Total interior livable area: 1,991 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, See Remarks, Under House With Pad
      • Has uncovered spaces: Yes
      Features
      • Levels: 2
      • Stories: 2
      • Exterior features: See Remarks, Outdoor Shower, Balcony
      • Fencing: Back Yard,Vinyl
      • Has water view: Yes
      • Water view: Gulf,Water
      Lot
      • Size: 1,568 Square Feet
      • Dimensions: 16 x 100
      • Features: Cleared, Level, Survey Available, Landscaped
      Details
      • Parcel number: 04639201000
      • Zoning description: City
      • Special conditions: As Is

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Beach House,Contemporary
      • Property subtype: Townhouse
      • Attached to another structure: Yes
      Materials
      • HardiPlank Type
      • Foundation: Pilings
      • Roof: Metal
      Condition
      • Construction Complete
      • Year built: 2026
      Details
      • Builder name: MRJ Construction

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public, Tap Fee Paid
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected, City Trash
      Green energy
      • Energy efficient items: See Remarks

      Community & HOA

      Community
      • Security: Fire Alarm/Sprinkler System, Smoke Detector(s)
      • Subdivision: No Named Subdivision
      Location
      • Region: Mexico Beach

      Financial & listing details

      • Price per square foot: $490/sqft
      • Tax assessed value: $114,688
      • Annual tax amount: $1,917
      • Date on market: 7/13/2026
      • Listing terms: Cash,Conventional,FHA
      • Lease term: Daily/Weekly,Negotiable
      • Road surface type: Pavers

        Estimated market value

        $943,600

        $896,000 - $991,000

        $2,204/mo

        Price history

        DateEventPrice
        7/13/2026Listed for sale$975,000+447.8%$490/sqft
        Source: Forgotten Coast Realtor Association #328946 Report a problem
        5/19/2014Sold$178,000-3.8%$89/sqft
        Source: Public Record Report a problem
        4/9/2014Pending sale$185,000$93/sqft
        Source: GULF COAST REAL ESTATE GROUP, LLC - MEXICO BEACH #251521 Report a problem
        4/3/2014Listed for sale$185,000-5.6%$93/sqft
        Source: GULF COAST REAL ESTATE GROUP, LLC - MEXICO BEACH #251521 Report a problem
        1/26/2014Listing removed$196,000$98/sqft
        Source: GULF COAST REAL ESTATE GROUP, LLC - MEXICO BEACH #249429 Report a problem
        9/6/2013Price change$196,000+3.7%$98/sqft
        Source: GULF COAST REAL ESTATE GROUP, LLC - MEXICO BEACH #249429 Report a problem
        5/24/2013Listed for sale$189,000$95/sqft
        Source: GULF COAST REAL ESTATE GROUP, LLC - MEXICO BEACH #249429 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,917 +41%$114,688 +69.3%
        2023$1,360 +22.9%$67,760 +10%
        2022$1,107 $61,600
        2021-- --
        2020$1,222 +0.9%$65,600 +0.8%
        2019$1,212 $65,104 -52.5%
        2018$1,212 -53%$136,931 +10%
        2017$2,579 +23.3%$124,483 +10%
        2016$2,092 +11.7%$113,166 +1%
        2015$1,873 $112,000 +33.9%
        2014$1,873 $83,655 +2.5%
        2013-- $81,575 +0.6%
        2012-- $81,054 -8.7%
        2011-- $88,813 -16.3%
        2010-- $106,141 -0.9%
        2009-- $107,120 -89.3%
        2008-- $999,562 +390%
        2007-- $203,984 -18%
        2006-- $248,788 +89.4%
        2005-- $131,387 +24.7%
        2004-- $105,394 +86.7%
        2003-- $56,438 +7.3%
        2002-- $52,579 +3.9%
        2001-- $50,591 +3.2%
        2000-- $49,018
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32456

        Getting around

        31 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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