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.
For sale
$975,000
111 S 38th St #8, Mexico Beach, FL 32456
5beds
1,991sqft
Townhouse
Built in 2026
1,568 Square Feet Lot
$944,200 Zestimate®
$490/sqft
$-- HOA
What's special
- 87 days
- 73
- 7
Zillow last checked:
Listing updated:
Listed by:
Leilani Bruner 229-726-5228,
Coastal Realty Group - Port St. Joe
Source: Forgotten Coast Realtor Association,MLS#: 328946
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: $115,200
- Annual tax amount: $1,871
- Date on market: 7/13/2026
- Listing terms: Cash,Conventional,FHA
- Lease term: Daily/Weekly,Negotiable
- Road surface type: Pavers
Estimated market value
$944,200
$897,000 - $991,000
$2,931/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Listed for sale | $975,000+447.8%$490/sqft |
Source:  Forgotten Coast Realtor Association #328946 Report a problem | ||
| 5/19/2014 | Sold | $178,000-3.8%$89/sqft |
Source: Public Record Report a problem | ||
| 4/9/2014 | Pending sale | $185,000$93/sqft |
Source: GULF COAST REAL ESTATE GROUP, LLC - MEXICO BEACH #251521 Report a problem | ||
| 4/3/2014 | Listed for sale | $185,000-5.6%$93/sqft |
Source: GULF COAST REAL ESTATE GROUP, LLC - MEXICO BEACH #251521 Report a problem | ||
| 1/26/2014 | Listing removed | $196,000$98/sqft |
Source: GULF COAST REAL ESTATE GROUP, LLC - MEXICO BEACH #249429 Report a problem | ||
| 9/6/2013 | Price change | $196,000+3.7%$98/sqft |
Source: GULF COAST REAL ESTATE GROUP, LLC - MEXICO BEACH #249429 Report a problem | ||
| 5/24/2013 | Listed for sale | $189,000$95/sqft |
Source: GULF COAST REAL ESTATE GROUP, LLC - MEXICO BEACH #249429 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,871 -2.4% | $115,200 +0.4% |
| 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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Neighborhood: 32456
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