NOT LISTED FOR SALE

120 S 40th St Unit A Mexico Beach, FL 32456

Estimated Value: $2,680,863

0.12 Acre
$22,680,736 Price per Acre
5,150 Sq Ft Lot

Last Sold October 08, 2021

Last sale price $750,000

Est. 257% increase in value since last sale

Current estimated payment $15,199/month

About This Lot

As of October 2021

Entered as sold comp only

Last Agent to Sell the Property

Nonmember Nonmember

Nonmember Office Listed on: 10/08/2021

Last Buyer's Agent

Zach Childs

98 Real Estate Group, LLC License #3153944

Property Details

Property Type

  • Land

Lot Details

  • 5,150 Sq Ft Lot
  • Lot Dimensions are 50 x 103
  • Property fronts gulf or ocean
  • Street terminates at a dead end
  • Cleared Lot

Property Views

  • Gulf Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04109000000

Property Details

Property Type

Land

Lot Details

5,150 Sq Ft Lot

Listing Details

  • Directions: From Hwy 98 in Mexico Beach, turn onto S 40th Street. Lot will be on right side at end of road.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.1182
  • Lot Size: 50 x 103
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Special Features: None

Exterior Features

  • Lot Features: Build to Suit, Cleared, Within 1/2 Mile of Water, Dead End
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Disclosures: City Zoning

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5150
  • Additional Parcels: No
  • Parcel #: 04109000000
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Hense Kevin Arthur and Hense Mary Lou
Bought by
Dutoit Natalie R
Current Estimated Value
$2,680,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,081,250
Outstanding Balance
$2,055,107
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$625,756

Purchase Details

Closed on
Sep 8, 2022
Sold by
White Sands Investment Partners Llc
Bought by
Hense Kevin Arthur and Hense Mary Lou

Purchase Details

Listed on
Oct 8, 2021
Closed on
Oct 7, 2021
Sold by
Harrell Michael and Harrell Leslie
Bought by
White Sands Investment Partners Llc
Seller's Agent
Nonmember Nonmember
Nonmember Office
Buyer's Agent
Zach Childs
98 Real Estate Group, LLC
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.93%
Original Mortgage
$500,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2006
Sold by
Gulf Coast Properties Inc
Bought by
Harrell Michael and Harrell Leslie

Purchase Details

Closed on
Jan 5, 2006
Sold by
Lawrence Leonora D
Bought by
Gulf Coast Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$859,517
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dutoit Natalie R $2,775,000 Aqua Title
Hense Kevin Arthur $1,030,000 --
Hense Kevin Arthur $1,030,000 None Listed On Document
White Sands Investment Partners Llc $750,000 Attorney
Harrell Michael $580,000 --
Gulf Coast Properties Inc $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dutoit Natalie R $2,081,250
Previous Owner White Sands Investment Partners Llc $500,000
Previous Owner Gulf Coast Properties Inc $859,517
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $750,000 0.0% --
10/08/2021 10/08/21 For Sale $750,000 -- --
Source: Forgotten Coast REALTOR® Association

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
2025 $11,662 $2,385,170 $744,000 $1,641,170
2024 $11,638 $697,500 $697,500 --
2023 $11,638 $678,900 $678,900 $0
2022 $6,820 $409,200 $409,200 $0
2021 $5,128 $274,066 $0 $0
2020 $4,846 $283,138 $283,138 $0
2019 $4,217 $226,501 $226,501 $0
2018 $6,383 $373,925 $0 $0
2017 $5,929 $362,326 $0 $0
2016 $5,627 $340,077 $0 $0
2015 $5,703 $341,079 $0 $0
2014 $6,218 $369,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nonmember Nonmember

    Nonmember Office

  • Zach Childs

    Buyer's Agent in 2021

    Zach Childs

    98 Real Estate Group, LLC

    (850) 819-0833

    79 in this area

    193 Total Sales

    Zach Childs
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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 309221

Forgotten Coast REALTOR® Association

APN: 04109-000-000

Florida Bay County Mexico Beach 32456

120 S 40th St Unit A, Mexico Beach, FL

Not Listed for Sale

Lots

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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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