$1,500,000
SOLD AUG 7, 2025

112 Canal Pkwy Mexico Beach, FL 32456

4 Beds
6 Baths
2,655 Sq Ft
6,390 Sq Ft Lot

Recently Sold

$565 Per Sq Ft

32% Below List Price

219 Days on Market

Highlights

  • Boat Slip
  • Newly Painted Property
  • Cathedral Ceiling
  • Gulf View
  • Beach House
  • Furnished

About This Home

As of August 2025

Welcome to 112 Canal Parkway, your next dream beach home! Featuring gulf and canal views, this home has easy access to the only beach access in Mexico Beach that allows dogs and bonfires. Built in 2022 by Thad Williams, the owner spared no details in construction. Entering the home, you will instantly notice the many high-end features of this home, such as the hardwood floors, high ceilings, hurricane-impact windows, and a 3-stop elevator. The living room is very spacious, with plenty of storage space and a gas fireplace. Making your way into the kitchen, you will see top-of-the-line appliances, including a wine refrigerator, soft-close cabinets with under-cabinet lighting, quartz countertops, and, above all, 180-year-old beams reclaimed from a barn in Kentucky to add charm and character. The master bedroom is located on the main floor, offering a great view of the Mexico Beach Canal, leading right into the Gulf of Mexico. The master bathroom is truly one of a kind, with a walk-in shower with dual shower heads. Going upstairs, you will find three more bedrooms, each having its own full bathroom and having a study area/second living space, perfect for working from home or having a playroom for the children. The exterior of the home is as thoughtfully decorated and planned as the interior. You are welcomed with a brick-paved driveway, a half bath, and plenty of storage space on the ground floor. Aside from the yard that was professionally designed by Jonathan Vines, there is space for both a small pool and a full-size outdoor kitchen. Metal railings and trex decking lead up to the front balcony, where you are greeted by the French doors and outdoor sound system to enhance your beach house relaxation. For all boaters out there, the City of Mexico Beach owns and rents out the Canal slips across the street. These slips are 12 feet wide, fitting almost all fishing boats, including boats with upper stations and towers. Call today!

Last Agent to Sell the Property

Carter Dorsch

98 Real Estate Group, LLC Brokerage Phone: 8506482200 License #3538531 Listed on: 12/24/2024

Last Buyer's Agent

Carter Dorsch

98 Real Estate Group, LLC Brokerage Phone: 8506482200 License #3538531 Listed on: 12/24/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,187

Year Built

  • Built in 2022

Lot Details

  • 6,390 Sq Ft Lot
  • Lot Dimensions are 71 x 90

Property Views

  • Gulf
  • Canal

Home Design

  • Beach House
  • Newly Painted Property
  • Metal Roof
  • Piling Construction
  • HardiePlank Type

Interior Spaces

  • 2,655 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Recessed Lighting

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway
  • Open Parking

Utilities

  • Natural Gas Connected
  • Tankless Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Boat Slip

Community Details

  • No Home Owners Association
  • Built by Thad Williams

Listing and Financial Details

  • Assessor Parcel Number 04752010000

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,187

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Attribution Contact: 8506482200
  • Directions: Heading west on Hwy 98, take a left turn on Canal Pkwy, right after the bridge. The house is on the right.
  • Prop. Type: Residential
  • Building Stories: 2
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.1467
  • Lot Size: 71 x 90
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2
  • Property Attached Yn: No
  • Year Built: 2022
  • NAV22_ResortRentalYN: No
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator w/Ice Maker, Gas Oven, Tankless Water Heater
  • Furnished: Furnished
  • Interior Amenities: Breakfast Nook, Cathedral Ceiling(s), Elevator, Recessed Lighting, Newly Painted, Shelving
  • Accessibility Features: Handicap Provisions
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 2655

Exterior Features

  • Exterior Features: Boat Slip
  • Lot Features: Boating Access, Within 1/2 Mile of Water
  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • View: Water, Canal, Gulf
  • View: Yes
  • Waterfront: No
  • Builder Name: Thad Williams
  • Construction Type: HardiPlank Type
  • Foundation Details: Pilings
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected, Water Connected, City Trash
  • Laundry Features: Washer/Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6390
  • Additional Parcels: No
  • Parcel #: 04752010000
  • Zoning Description: Residential Single Family

Rental Info

  • Lease Term: Short Term Lease

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2024
Closed on
Aug 6, 2025
Sold by
Turnipseed Fralick C and Carlton Fralick
Bought by
Ade 1207 Llc
Seller's Agent
Carter Dorsch
98 Real Estate Group, LLC
Buyer's Agent
Carter Dorsch
98 Real Estate Group, LLC
List Price
$2,200,000
Sold Price
$1,500,000
Premium/Discount to List
-$700,000
-31.82%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-95.97%

Purchase Details

Closed on
Oct 31, 2022
Sold by
Turnipseed Kenneth M
Bought by
Caflton Fralick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,800
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2020
Sold by
Seed Investments Llc
Bought by
Turnipseed Kenneth M and Turnipseed Fralick C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3.87%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 22, 2018
Sold by
Briggs Jeff L and Briggs Sherry A
Bought by
Seed Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.04%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,500,000 None Listed On Document
Warranty Deed $1,500,000 None Listed On Document
Quit Claim Deed $292,600 --
Warranty Deed $30,800 Attorney
Warranty Deed $210,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $598,800 New Conventional
Previous Owner $660,000 Construction
Previous Owner $168,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Sold $1,500,000 -16.7% $565 / Sq Ft
07/31/2025 07/31/25 Pending -- -- --
05/19/2025 05/19/25 Price Changed $1,800,000 -7.7% $678 / Sq Ft
04/05/2025 04/05/25 Price Changed $1,949,900 -4.9% $734 / Sq Ft
03/11/2025 03/11/25 Price Changed $2,049,900 -2.3% $772 / Sq Ft
02/21/2025 02/21/25 Price Changed $2,099,000 -4.6% $791 / Sq Ft
12/24/2024 12/24/24 For Sale $2,200,000 -- $829 / Sq Ft
Source: Forgotten Coast REALTOR® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,187 $797,728 -- --
2023 $13,187 $725,207 $444,249 $418,766
2022 $5,700 $278,583 $0 $0
2021 $4,435 $253,257 $253,257 $0
2020 $3,233 $203,841 $203,841 $0
2019 $2,695 $144,745 $144,745 $0
2018 $2,349 $140,888 $0 $0
2017 $2,141 $128,080 $0 $0
2016 $2,103 $116,436 $0 $0
2015 $2,031 $105,851 $0 $0
2014 $1,944 $96,228 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 320406

Forgotten Coast REALTOR® Association

APN: 04752-010-000