NOT LISTED FOR SALE

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

Estimated Value: $2,680,863

6 Beds
6.5 Baths
3,614 Sq Ft
$742/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $2,775,000 $768 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $14,893/month

16 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Deck
  • Furnished
  • Heated In Ground Pool
  • Beach House
  • No HOA

About This Home

As of November 2024

The Ultimate in Gulf Front Living! 2 blocks off of Hwy 98 for maximum safety, quiet and security. Newly constructed with a May 1st completion date, with quality construction. From the elevated private heated fully automated gulf front pool on the first level you'll enjoy amazing views of the gulf. The first level also features a large open concept living, dining, and chef inspired kitchen with large center island. The second and third levels of the home feature 6 large bedrooms, all with private ensuite baths with custom tile work. 4 of those bedrooms are gulf front with fantastic views.! Fully furnished and vacation rental ready, or use as a second or primary home. 4 Stop private elevator. The home also has extra spray foam insulation under the home, in the walls, and the ceilings for maximum efficiency. All 4 levels have fire protection sprinkler system. Exterior landscaping, paver driveway, well irrigation Pride of ownership is on full display. This home is also priced well below market, so act fast.

Last Agent to Sell the Property

Cliff Glansen

FlatFee.com Brokerage Phone: 9549653990 License #707077 Listed on: 10/21/2024

Last Buyer's Agent

Candace Varnes

St George Island Realty, LLC License #3528833

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Property fronts gulf or ocean
  • Zoning described as Residential Multi-Family,Residential Single Family

Home Design

  • Beach House
  • Metal Roof
  • Piling Construction
  • HardiePlank Type

Interior Spaces

  • 3,614 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • French Doors
  • Living Room
  • Vinyl Flooring
  • Gulf Views

Kitchen

  • Gas Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Covered Parking

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Mexico Beach Unit 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04109000000

Home Details

Home Type

Single Family

Year Built

Built in 2024

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Directions: From Hwy 98 in Mexico Beach, head south of 40th st. We are the last house on the right side at the beach (white colored home) 120 South 40th St
  • Prop. Type: Residential
  • Building Stories: 3
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.1148
  • Lot Size: 50 x 100
  • Subdivision Name: Mexico Beach Unit 5
  • Architectural Style: Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2
  • Property Attached Yn: No
  • Year Built: 2024
  • NAV22_ResortRentalYN: No
  • NAV22_Room2Name: Kitchen
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room1Name: Living Room
  • NAV22_PoolType: Private
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Disposal, Refrigerator, Gas Oven, Electric Water Heater
  • Furnished: Furnished
  • Interior Amenities: Elevator, Split Bedroom
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Vinyl
  • Living Area: 3614
  • Master Bedroom Features: Walk-In Closet(s)
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Metal
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Construction Type: HardiPlank Type
  • Foundation Details: Pilings
  • Patio And Porch Features: Balcony, Deck
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, City Trash
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5000
  • Additional Parcels: No
  • Parcel #: 04109000000
  • Zoning Description: Residential Multi-Family,Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Nov 22, 2024
Sold by
Hense Kevin Arthur and Hense Mary Lou
Bought by
Dutoit Natalie R
Seller's Agent
Cliff Glansen
FlatFee.com
Buyer's Agent
Candace Varnes
St George Island Realty, LLC
List Price
$2,999,000
Sold Price
$2,775,000
Premium/Discount to List
-$224,000
-7.47%
Views
75
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.
Estimated Appreciation
-$94,137
Avg. Annual Appreciation
-2.77%
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

Closed on
Oct 7, 2021
Sold by
Harrell Michael and Harrell Leslie
Bought by
White Sands Investment Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
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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
11/22/2024 11/22/24 Sold $2,775,000 -4.3% $768 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
11/05/2024 11/05/24 Price Changed $2,899,000 -3.3% $802 / Sq Ft
10/30/2024 10/30/24 For Sale $2,999,000 0.0% $830 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/21/2024 10/21/24 For Sale $2,999,000 -- $830 / Sq Ft
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

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 319923

Forgotten Coast REALTOR® Association

APN: 04109-000-000

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