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Sold for $990,000
  • $990,000

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

    3beds
    1,796sqft
    Townhouse
    Built in 2025
    1,698 Square Feet Lot
    $986,300 Zestimate®
    $551/sqft
    $2,673 Estimated rent

    Home value

    $986,300

    $927,000 - $1.05M

    $2,673/mo

    Zestimate® history
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    What's special

    Tastefully furnishedGulf viewsPowder bathExceptional detail and craftsmanshipPremium appliancesPrimary suite with porchWood floors throughout
    Gorgeous new construction with fantastic Gulf views and just mere steps to the beach. Home is 3 bed/3.5 bath plus a flex room that could be a bunk room, office or kids' play room. Property was recently tastefully furnished and is included in sale. 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. The kitchen, living, and dining area are located on the main living level, along with a powder bath and primary suite with porch. The second level includes another primary suite with porch that has exceptional beach views. There is additional bedroom and bathroom, flex room and laundry area on second floor. 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:

    Nicole Majors, 3373607

    Bemajor Gulf Coast Realty

    Source: Forgotten Coast Realtor Association,MLS#: 328189MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Appliances
    • Included: Dishwasher, Disposal, Range Hood, Refrigerator w/Ice Maker
    • Laundry: Washer/Dryer Hookup
    Features
    • Kitchen Island, Newly Painted, Pantry, Shelving, Woodwork Painted
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 3,002
    • Total interior livable area: 1,796 sqft

    Property

    Parking
    • Total spaces: 3
    • 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: Gulf
    Lot
    • Size: 1,698 Square Feet
    • Dimensions: 17 x 100
    • Features: Coastal Setback, Survey Available, Within 1/2 Mile of Water, Zero Lot Line
    Details
    • Parcel number: 04110000000
    • 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: 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: $551/sqft
    • Tax assessed value: $121,856
    • Annual tax amount: $2,037
    • Date on market: 4/30/2026

    Price history

    DateEventPrice
    5/21/2026Sold$990,000-3.8%$551/sqft
    Source: Forgotten Coast Realtor Association #328189 Report a problem
    5/4/2026Contingent$1,029,000$573/sqft
    Source: Forgotten Coast Realtor Association #328189 Report a problem
    4/30/2026Listed for sale$1,029,000+3%$573/sqft
    Source: Forgotten Coast Realtor Association #328189 Report a problem
    4/26/2026Listing removed$999,000$556/sqft
    Source: Forgotten Coast Realtor Association #324604 Report a problem
    1/14/2026Price change$999,000-16.7%$556/sqft
    Source: Forgotten Coast Realtor Association #324604 Report a problem
    11/22/2025Listed for sale$1,199,000+1612.9%$668/sqft
    Source: Forgotten Coast Realtor Association #324604 Report a problem
    4/1/2009Sold$70,000-36.4%$39/sqft
    Source: Public Record Report a problem
    8/13/2002Sold$110,000$61/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,037 +41%$121,856 +69.3%
    2023$1,445 +22.9%$71,995 +10%
    2022$1,176 $65,450
    2021-- --
    2020$1,299 +0.9%$69,700 +0.8%
    2019$1,288 $69,173 -48.5%
    2018$1,288 -48.9%$134,320 +9.3%
    2017$2,521 +21.2%$122,906 +10%
    2016$2,081 +13.5%$111,733 +1.9%
    2015$1,833 $109,641 +0.2%
    2014$1,833 $109,396 -0.5%
    2013-- $109,974 -0.8%
    2012-- $110,875 -3.4%
    2011-- $114,825 +10%
    2010-- $104,386 +11.6%
    2009-- $93,508 -31.1%
    2008-- $135,726 -39.3%
    2007-- $223,457 -16.3%
    2006-- $266,945 +100.1%
    2005-- $133,384 +3.6%
    2004-- $128,716 +47.7%
    2003-- $87,174 +10.2%
    2002-- $79,111 +54.4%
    2001-- $51,245 +3%
    2000-- $49,752
    Find assessor info on the county website

    Neighborhood: 32456

    Nearby schools

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