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For sale
    • Price cut: $25.1K (7/3)
    $899,900

    112 S 40th St #1, Mexico Beach, FL 32456

    2beds
    1,436sqft
    : 
    $5,691/mo
    Get pre-qualified
    Single Family Residence
    Built in 2020
    2,178 Square Feet Lot
    $858,200 Zestimate®
    $627/sqft
    $-- HOA

    What's special

    Rooftop deck
    Well loved home with Elevator and Rooftop Deck! Watch the sunsets from your rooftop! Nothing was overlooked in this home. High end appliances including gas oven and stove. The 2 bedrooms with queen beds have their own private baths. 2 built-in bunks in the hallway allow everyone to have room to roam. Bedrooms are on the lower level, and the main living room and kitchen are upstairs where the views are spectacular! For guests convenience, a half bath can be found adjacent to the living room. There's even a huge walk-in pantry with a barn door! The dining area is open to the kitchen and living room and the balcony is right there! The family room sofa opens into a queen bed if needed. There are smart TV's in all bedrooms and the family room. The beach is an easy 60 second walk and there's no walking across a busy street! Offered fully furnished with rentals already on the books for the season, this property is the perfect blend of luxury, convenience, and relaxation. Updated rental projection for 2026 is $72,675
    190 days
    |
    658
    |
    52
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Angie Hays 678-231-5417,

    Waves & Woods Realty, LLC

    Source: Forgotten Coast Realtor Association,MLS#: 325039MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bathroom
      • Features: Double Vanity, Shower Only, Tile Counters
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Dishwasher, Disposal, Exhaust Fan, Microwave, Range Hood, Refrigerator, Refrigerator w/Ice Maker
      • Laundry: Washer/Dryer Hookup
      Features
      • Elevator, Kitchen Island, Lock Out Closet, Pantry, Shelving
      • Doors: Insulated Door(s)
      • Windows: Double Pane Windows, Plantation Shutters, Window Treatments
      • Basement: None
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 1,914
      • Total interior livable area: 1,436 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport, Covered, Driveway, Under House With Pad
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: 2
      • Stories: 2
      • Exterior features: See Remarks, Outdoor Shower, Balcony
      • Fencing: Back Yard,Partial,Wood
      • Has water view: Yes
      • Water view: Gulf,Water
      Lot
      • Size: 2,178 Square Feet
      • Dimensions: 37.5' x 60'
      • Features: Within 1/2 Mile of Water
      Details
      • Parcel number: 04112010000
      • Zoning: R-1
      • Zoning description: Residential Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Beach House
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type
      • Foundation: Pilings, Slab
      • Roof: Flat,Membrane
      Condition
      • Construction Complete
      • Year built: 2020

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Electricity Connected, Internet Available, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected, City Trash

      Community & HOA

      Community
      • Subdivision: No Named Subdivision
      Location
      • Region: Mexico Beach

      Financial & listing details

      • Price per square foot: $627/sqft
      • Tax assessed value: $428,618
      • Annual tax amount: $5,213
      • Date on market: 1/17/2026
      • Listing terms: Cash,Conventional,FHA

        Estimated market value

        $858,200

        $815,000 - $901,000

        $2,342/mo

        Price history

        DateEventPrice
        7/3/2026Price change$899,900-2.7%$627/sqft
        Source: Forgotten Coast Realtor Association #325039 Report a problem
        5/18/2026Price change$925,000-2.6%$644/sqft
        Source: Forgotten Coast Realtor Association #325039 Report a problem
        4/19/2026Price change$950,000-1%$662/sqft
        Source: Forgotten Coast Realtor Association #325039 Report a problem
        3/25/2026Price change$960,000-1%$669/sqft
        Source: Forgotten Coast Realtor Association #325039 Report a problem
        2/24/2026Price change$970,000-1.1%$675/sqft
        Source: Forgotten Coast Realtor Association #325039 Report a problem
        2/2/2026Price change$980,900-1.9%$683/sqft
        Source: Forgotten Coast Realtor Association #325039 Report a problem
        1/17/2026Listed for sale$999,900+10651.6%$696/sqft
        Source: Forgotten Coast Realtor Association #325039 Report a problem
        8/10/2020Sold$9,300-93.4%$6/sqft
        Source: Public Record Report a problem
        12/2/2015Sold$140,000+2.2%$97/sqft
        Source: Public Record Report a problem
        7/16/2007Sold$137,000$95/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,004 +9.2%$239,135 +10%
        2023$4,582 +5.2%$217,395 +10%
        2022$4,357 $197,632
        2021-- --
        2020$1,158 +12.4%$60,902 +10%
        2019$1,031 $55,365 -50.8%
        2018$1,031 -52.5%$112,603 +1.2%
        2017$2,171 +19.3%$111,216 +6.4%
        2016$1,820 -27.9%$104,573 -28.6%
        2015$2,523 $146,401 +10%
        2014$2,523 $133,092 +10%
        2013-- $120,993 +1.8%
        2012-- $118,896 +21%
        2011-- $98,261 +7.2%
        2010-- $91,649 -10.5%
        2009-- $102,369 -23.6%
        2008-- $133,952 +4.8%
        2007-- $127,824 -74.5%
        2006-- $501,138 +1302.1%
        2005-- $35,742 +7.1%
        2004-- $33,359 +30.8%
        2003-- $25,513 +4.5%
        2002-- $24,413 +10.5%
        2001-- $22,103 +16.8%
        2000-- $18,917
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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

        28 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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