NOT LISTED FOR SALE

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

Estimated Value: $2,696,000 - $2,932,000

6 Beds
6.5 Baths
3,614 Sq Ft
$769/Sq Ft Est. Value

Sale Details

Date Sold: November 22, 2024

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

Current estimated payment $15,904 / mo

201 Days on Market

Highlights

  • Beach
  • Coastal Architecture
  • No HOA
  • Property fronts gulf or ocean
  • Deck
  • Balcony

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.

Last Agent to Sell the Property

Cliff Glansen

FLATFEE.COM Listed on: 10/30/2024

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,638

Year Built

  • Built in 2024

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property fronts gulf or ocean
  • Zoning described as Resid Multi-Family, Resid Single Family

Home Design

  • Coastal Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof

Interior Spaces

  • 3-Story Property
  • Living Room
  • Gulf Views
  • Electric Range

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Gunite Pool
  • Balcony
  • Deck

Schools

  • Port St. Joe Elementary And Middle School
  • Port St. Joe High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • Mexico Beach Unit 5 Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,638

Year Built

Built in 2024

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.11
  • Lot Size: 50x100
  • Subdivision Name: Mexico Beach Unit 5
  • Architectural Style: Coastal
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Electric Range, Electric Water Heater
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Dining Room Type: Bedroom, Kitchen, Living Room
  • Stories: 3

Exterior Features

  • Pool Features: Gunite
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Deck
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony, Deck
  • Roof: Metal

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Phone Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Beach, Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Port St. Joe

Lot Info

  • Lot Size Sq Ft: 4792.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family, Resid Single Family

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 11638.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Port St. Joe
  • High School: Port St. Joe

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2026
Sold by
Bought by
Current Estimated Value
$2,780,705

Purchase Details

Listed on
Oct 30, 2024
Closed on
Nov 22, 2024
Sold by
Bought by
Seller's Agent
Cliff Glansen
FLATFEE.COM
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$2,999,000
Sold Price
$2,775,000
Premium/Discount to List
-$224,000
-7.47%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.13%
Original Mortgage
$2,081,250
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2022
Sold by
Bought by

Purchase Details

Closed on
Oct 7, 2021
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Jan 5, 2006
Sold by
Bought by

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$100 None Listed On Document
$2,775,000 Aqua Title
$1,030,000 --
$1,030,000 None Listed On Document
$750,000 Attorney
$580,000 --
$1,000,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,081,250
Previous Owner $500,000
Previous Owner $859,517
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- -- --
04/18/2024 04/18/24 For Sale $2,999,000 -- $830 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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: Central Panhandle Association of REALTORS®

MLS Number: 755863

Central Panhandle Association of REALTORS®

APN: 04109-000-000

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