PRICE REDUCED, BUILDER CLOSEOUT! Gorgeous 4 bed/3.5 bath new construction home, mere steps to the beach. Positioned just one lot back from the beach, this property has gulf views from nearly every room. 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 a full-size vehicle, 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.
Sold for $1,080,000
$1,080,000
118 S 40th St #C, Mexico Beach, FL 32456
4beds
2,056sqft
Townhouse
Built in 2025
3,005 Square Feet Lot
$1,076,800 Zestimate®
$525/sqft
$3,193 Estimated rent
Home value
$1,076,800
$980,000 - $1.18M
$3,193/mo
Zestimate® history
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List your homeWhat's special
Two additional bedroomsSpacious jack-and-jill bathroomPowder bathElevated finishesLaundry areaPremium appliancesRefined coastal design
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#: 324602
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, 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: Back Yard,Full,Privacy,Wood
- Has water view: Yes
- Water view: Gulf
Lot
- Size: 3,005 Square Feet
- Dimensions: 30 x 100
- Features: Coastal Setback, Survey Available, Within 1/2 Mile of Water, Zero Lot Line
Details
- Parcel number: 04110020000
- 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: $525/sqft
- Tax assessed value: $215,040
- Annual tax amount: $3,595
- Date on market: 11/22/2025
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Sold | $1,080,000-1.7%$525/sqft |
Source:  Forgotten Coast Realtor Association #324602 Report a problem | ||
| 2/26/2026 | Contingent | $1,099,000$535/sqft |
Source: Forgotten Coast Realtor Association #324602 Report a problem | ||
| 1/14/2026 | Price change | $1,099,000-15.4%$535/sqft |
Source: Forgotten Coast Realtor Association #324602 Report a problem | ||
| 11/22/2025 | Listed for sale | $1,299,000+477.3%$632/sqft |
Source: Forgotten Coast Realtor Association #324602 Report a problem | ||
| 1/17/2007 | Sold | $225,000$109/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,595 +41% | $215,040 +69.3% |
| 2023 | $2,551 +22.9% | $127,050 +10% |
| 2022 | $2,076 | $115,500 |
| 2021 | -- | -- |
| 2020 | $2,209 +6.9% | $116,455 +10% |
| 2019 | $2,067 | $105,868 -33.6% |
| 2018 | $2,067 -32.9% | $159,361 +9.3% |
| 2017 | $3,083 +20.8% | $145,767 +10% |
| 2016 | $2,552 +19% | $132,515 +3.3% |
| 2015 | $2,146 | $128,322 +4.3% |
| 2014 | $2,146 | $123,050 +0.4% |
| 2013 | -- | $122,525 -1.3% |
| 2012 | -- | $124,115 -9.1% |
| 2011 | -- | $136,580 -10.8% |
| 2010 | -- | $153,195 +10% |
| 2009 | -- | $139,268 -34.7% |
| 2008 | -- | $213,113 -6.4% |
| 2007 | -- | $227,731 -16% |
| 2006 | -- | $270,970 +95.2% |
| 2005 | -- | $138,789 +3.6% |
| 2004 | -- | $133,968 +99.5% |
| 2003 | -- | $67,151 +9% |
| 2002 | -- | $61,591 +3.9% |
| 2001 | -- | $59,281 +6.6% |
| 2000 | -- | $55,606 |
Find assessor info on the county website
Neighborhood: 32456
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Nearby schools
GreatSchools rating
- 8/10Tyndall Elementary SchoolGrades: PK-8Distance: 14.3 mi
- 2/10Rutherford High SchoolGrades: 6-12Distance: 18.7 mi
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- Florida
- Bay County
- Mexico Beach
- 32456
- 118 S 40th St Unit C
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