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Sold for $1,030,000
  • $1,030,000

    118 S 40th St #A, Mexico Beach, FL 32456

    4beds
    2,056sqft
    Townhouse
    Built in 2025
    2,787 Square Feet Lot
    $1,027,300 Zestimate®
    $501/sqft
    $3,189 Estimated rent

    Home value

    $1,027,300

    $945,000 - $1.12M

    $3,189/mo

    Zestimate® history
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    What's special

    Gulf viewsSpacious jack-and-jill bathroomPowder bathElevated finishesLaundry areaPremium appliancesOutdoor shower
    PRICE REDUCED, BUILDER CLOSEOUT! Gorgeous 4 bed/3.5 bath new construction home with fantastic Gulf views and just mere steps to the beach. Thoughtfully designed with 10' ceilings, wood floors throughout, custom pecky cypress hood vents, premium appliances, and curated lighting and finishes, this home showcases exceptional detail and craftsmanship throughout. The kitchen, living, and dining area are located on the main living level along with a powder bath and primary suite with private back porch. The second level includes a second primary suite and porch, two additional bedrooms, spacious jack-and-jill bathroom and laundry area. A fully enclosed garage provides abundant storage and room for vehicles, golf cart and beach gear- keeping everything secure and protected from the elements. Mature landscaping surrounds the property, and an outdoor shower adds convenience after a day on the sand. With its refined coastal design, elevated finishes and unbeatable proximity to the beach, this luxury property is must see.

    Zillow last checked:

    Listing updated:

    Listed by:

    Chrystina Adams 850-814-5606,

    Marquardt Realty, Inc.

    Bought with:

    Carter Dorsch, 3538531

    98 Real Estate Group, LLC

    Source: Forgotten Coast Realtor Association,MLS#: 324603MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Range Hood, Refrigerator w/Ice Maker
    • Laundry: Washer/Dryer Hookup
    Features
    • Kitchen Island, Lock Out Closet, Newly Painted, Pantry, Shelving, Woodwork Painted
    • Has fireplace: No
    Interior area
    • Total structure area: 3,384
    • Total interior livable area: 2,056 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Driveway, Garage Attached
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: 3
    • Patio & porch: Covered Patio, Covered Porch, Front Porch
    • Fencing: Full,Privacy,Wood
    • Has water view: Yes
    • Water view: 1st Tier Gulf,Gulf
    Lot
    • Size: 2,787 Square Feet
    • Dimensions: 28 x 100
    • Features: Coastal Setback, Survey Available, Within 1/2 Mile of Water, Zero Lot Line
    Details
    • Parcel number: 04110010000
    • Zoning description: Other

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Custom
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Frame, HardiPlank Type
    • Foundation: Pilings
    • Roof: Metal
    Condition
    • Construction Complete
    • Year built: 2025

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: No Named Subdivision
    Location
    • Region: Mexico Beach

    Financial & listing details

    • Price per square foot: $501/sqft
    • Tax assessed value: $200,704
    • Annual tax amount: $3,356
    • Date on market: 11/22/2025

    Price history

    DateEventPrice
    4/17/2026Sold$1,030,000-6.3%$501/sqft
    Source: Forgotten Coast Realtor Association #324603 Report a problem
    3/19/2026Contingent$1,099,000$535/sqft
    Source: Forgotten Coast Realtor Association #324603 Report a problem
    1/14/2026Price change$1,099,000-12%$535/sqft
    Source: Forgotten Coast Realtor Association #324603 Report a problem
    11/22/2025Listed for sale$1,249,000+733.2%$607/sqft
    Source: Forgotten Coast Realtor Association #324603 Report a problem
    7/1/2020Listing removed$149,900$73/sqft
    Source: Coast Properties #695436 Report a problem
    5/31/2020Price change$149,900-6.3%$73/sqft
    Source: Century 21 Coast Properties #304169 Report a problem
    3/11/2020Listed for sale$159,900$78/sqft
    Source: Century 21 Coast Properties #304169 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,356 +41%$200,704 +69.3%
    2023$2,380 +22.9%$118,580 +10%
    2022$1,938 $107,800
    2021-- --
    2020$2,066 +6.9%$109,000 +10%
    2019$1,933 $99,091 -34.2%
    2018$1,933 -34%$150,497 +10%
    2017$2,928 +22.3%$136,815 +10%
    2016$2,394 +18.8%$124,377 +3.2%
    2015$2,015 $120,476 +4.2%
    2014$2,015 $115,567 +0.1%
    2013-- $115,483 -1.3%
    2012-- $116,967 -9.1%
    2011-- $128,617 -18.6%
    2010-- $157,976 +20.9%
    2009-- $130,647 -34.5%
    2008-- $199,585 -10.7%
    2007-- $223,585 -16.3%
    2006-- $267,065 +100%
    2005-- $133,546 +3.6%
    2004-- $128,873 +103.4%
    2003-- $63,365 +9.1%
    2002-- $58,088 +3.8%
    2001-- $55,969 +6.5%
    2000-- $52,530
    Find assessor info on the county website

    Neighborhood: 32456

    Nearby schools

    GreatSchools rating
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