NOT LISTED FOR SALE

118 N 38th St Unit 15 Mexico Beach, FL 32456

Estimated Value: $610,375 - $723,000

2 Beds
2 Baths
1,049 Sq Ft
$612/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $489,000 $466 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,603/month

73 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Resort Property
  • Florida Architecture
  • In Ground Pool
  • Newly Painted Property
  • Furnished

About This Home

As of November 2021

BEACHFRONT 2BR/2BA condo with beautiful views of the beach, sunset and Gulf of Mexico from your top floor balcony! This unit has been completely renovated inside and out with all new features such as: Luxury vinyl plank flooring, stainless steel appliances, granite counter tops, HVAC, hot water heater and all new furnishings! Excellent vacation rental potential estimated at $40K GRI annually. The HOA fees pay for water, sewer, garbage, insurance on the the building, cable TV, pest control, maintenance of the exterior of the building and pool. Call today for more details for showings!

Last Agent to Sell the Property

Ryan Harmon

Mexico Beach Harmon Realty Inc License #3099129 Listed on: 07/26/2021

Last Buyer's Agent

Ryan Harmon

Mexico Beach Harmon Realty Inc License #3099129 Listed on: 07/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,597

Year Built

  • Built in 2006

Lot Details

  • 1,263

HOA Fees

  • $546 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Property Attached
  • Newly Painted Property
  • Metal Roof
  • Piling Construction
  • HardiePlank Type

Interior Spaces

  • 1,049 Sq Ft Home
  • Furnished
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Tuck Under Parking

Utilities

  • Internet Available
  • Cable TV Available

Additional Features

  • In Ground Pool
  • Property fronts gulf or ocean

Listing and Financial Details

  • Assessor Parcel Number 04610525015

Community Details

Overview

  • Association fees include accounting, insurance, ground maintenance, pest control, trash, sewer, water, cable TV
  • Resort Property
  • Surfside Of Mexico Beach Subdivision

Amenities

  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,597

Year Built

Built in 2006

Lot Details

0

HOA Fees

$546 per month

Listing Details

  • Directions: From Hwy. 98 in Mexico Beach turn south on 38th St. Surfside will be at the end of the street on the right.
  • Prop. Type: Residential
  • Property Sub Type: Condominium,Timeshare
  • Lot Size: 0
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Surfside Of Mexico Beach
  • Architectural Style: Florida
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Year Built: 2006
  • NAV22_ResortRentalYN: Yes
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Dishwasher, Microwave, Dryer, Refrigerator w/Ice Maker, Washer
  • Furnished: Furnished
  • Interior Amenities: Breakfast Bar, Newly Painted
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1049

Exterior Features

  • Lot Features: Aerials/Topo Available, Within 1/2 Mile of Water
  • Roof: Metal
  • Pool Features: See Remarks, In Ground
  • Pool Private: Yes
  • View: Water, Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: HardiPlank Type
  • Foundation Details: Pilings
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Under House With Pad
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Water Connected, Cable Connected, Internet Available, Electricity Connected, Sewer Connected, City Trash
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1637
  • Community Features: Elevators, Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Insurance, Maintenance Grounds, Pest Control, Trash, Sewer, Water, Cable TV

Lot Info

  • Additional Parcels: No
  • Parcel #: 04610525015
  • Zoning Description: Residential Multi-Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1597

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Nov 15, 2021
Sold by
Albritton Stephen and Albritton Susan
Bought by
Eco Properties Llc
Seller's Agent
Ryan Harmon
Mexico Beach Harmon Realty Inc
Buyer's Agent
Ryan Harmon
Mexico Beach Harmon Realty Inc
List Price
$499,000
Sold Price
$489,000
Premium/Discount to List
-$10,000
-2%
Current Estimated Value
$642,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,344
Avg. Annual Appreciation
6.50%
Original Mortgage
$260,000
Outstanding Balance
$239,244
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$383,443

Purchase Details

Closed on
Sep 7, 2018
Sold by
Joyner Clinton L
Bought by
Albritton Stephen and Albritton Susan

Purchase Details

Closed on
Mar 16, 2006
Sold by
Surfside Mexico Beach Llc
Bought by
Joyner Clinton L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eco Properties Llc $489,000 Attorney
Albritton Stephen $338,000 Attorney
Joyner Clinton L $460,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eco Properties Llc $260,000
Previous Owner Joyner Cliunton $349,750
Previous Owner Joyner Clinton L $414,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $489,000 -2.0% $466 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $499,000 -- $476 / 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 $7,009 $449,735 -- --
2023 $7,009 $408,850 $0 $408,850
2022 $6,814 $408,850 $0 $408,850
2021 $1,548 $88,400 $0 $88,400
2020 $1,647 $88,400 $0 $88,400
2019 $1,646 $88,400 $0 $88,400
2018 $4,110 $212,020 $0 $0
2017 $3,302 $192,745 $0 $0
2016 $2,899 $175,223 $0 $0
2015 $2,802 $167,549 $0 $0
2014 $2,816 $167,549 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Harmon

    Seller's Agent in 2021

    Ryan Harmon

    Mexico Beach Harmon Realty Inc

    (850) 527-2516

    28 in this area

    39 Total Sales

    Ryan Harmon
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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 308597

Forgotten Coast REALTOR® Association

APN: 04610-525-015

Florida Bay County Mexico Beach 32456

118 N 38th St Unit 15, Mexico Beach, FL

This home is located at 118 N 38th St Unit 15, Mexico Beach, FL 32456 since 26 July 2021 and is currently estimated at $642,344, approximately $612 per square foot. This property was built in 2006. 118 N 38th St Unit 15 is a home located in Bay County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Forgotten Coast REALTOR® Association Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

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