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$1,029,000 Just Listed

  • For Sale
  • Active
  • Condo / Townhouse
  • 3 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 1,796 Sq. Ft.
  • Updated 2 days ago
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Gorgeous new construction with fantastic Gulf views and just mere steps to the beach. Home is 3 bed/3.5 bath plus a flex room that could be a bunk room, office or kids' play room. Property was recently tastefully furnished and is included in sale. Thoughtfully designed with 10' ceilings, wood floors throughout, custom pecky cypress hood vents, premium appliances, and curated lighting and finishes, this home showcases exceptional detail and craftsmanship. The kitchen, living, and dining area are located on the main living level, along with a powder bath and primary suite with porch. The second level includes another primary suite with porch that has exceptional beach views. There is additional bedroom and bathroom, flex room and laundry area on second floor. A fully enclosed garage provides abundant storage and room for vehicles, golf cart and beach gear- keeping everything secure and protected from the elements. Mature landscaping surrounds the property, and an outdoor shower adds convenience after a day on the sand. With its refined coastal design, elevated finishes and unbeatable proximity to the beach, this luxury property is must see.

Full Property Details for 118 40th St #B

General

  • Price: $1,029,000
  • Status: Active
  • Type: Condo /Townhouse
  • Source: 933
  • MLS ID: 328189
  • Updated: 4/30/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Carbon Monoxide Detector, French Doors, Kitchen Island, Newly Painted, Pantry, Recessed Lighting, Shelving, Smoke Detector, Washer/Dryer Hookup, Woodwork Painted
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Water Heater, Range Hood, Refrigerator w/Ice Maker, Tankless Water Heater
  • Furnishings: Furnished

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Porch/Patio/Deck: Covered Patio, Covered Porch, Front Porch, Rear Porch

Parking

  • Parking Features: Driveway, Garage Attached

Location

  • Area: Mexico/St. Joe Beach
  • Subdivision: No Named Subdivision
  • Driving Directions: From Hwy 98 in Mexico Beach, turn South onto 40th St. Property will on your right.

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Internet Available, Natural Gas Connected, Sewer Connected, Water Connected

Structural Information

  • Architectural Style: Custom, Triplex
  • Construction Status: Construction Complete
  • Exterior Const.: Frame, HardiPlank Type
  • Square Feet: 1,796
  • Living Area: 1,796 Sq. Ft.
  • Year Built: 2025

Unit Information

  • Occupancy Rate: New-Never Occupied

Lot Features

  • Lot Dimensions: 17 x 100
  • Lot Features: Coastal Setback, Survey Available, Within 1/2 Mile of Water, Zero Lot Line
  • Fencing (Description): Full, Privacy, Wood

Water Features

  • Water View: Yes

Disclosures and Reports

  • Legal Description: 22 6S 12W -7- 213D1 BEG 50' WLY & 702.7' SWLY OF NW COR L-1 B-7 MBU-5 TH SW 17.10' NW THROUGH A COMMON WALL FOR 100' NE 17.10' SE THROUGH A COMMON WALL 100' TO POB ORB 4773 P 23
  • Property ID: 04110-000-000

Listed by Marquardt Realty, Inc.

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Listing agent

— 118 40th St #B —

  • Marquardt Realty, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 118 40th St #B

School District:Bay County School District
NameGradesDistance
Tyndall Elementary School
7800 Tyndall Pkwy, Tyndall Air Force Base, FL 32403
PK-814.3 mi
Rutherford High School
1000 School Avenue, Panama City, FL 32401
6-818.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 118 40th St #B Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/30/2026
Listed
$1,029,000
62.69%
MLS
5/26/2023
Sold
$632,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 118 40th St #B

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,988
-2%
$122,400
—
2024
$2,037
41%
$121,856
10%
2023
$1,445
39%
$110,500
86%
2021
$1,042
-11%
$59,500
-27%
2022
$1,176
13%
$81,005
16%
2021
$1,042
-19%
$69,700
1%
2019
$1,288
-49%
$69,173
-49%
2018
$2,521
21%
$134,320
—
2017
$2,081
13%
$133,902
20%
2016
$1,849
1%
$111,733
2%
2015
$1,833
—
$109,641
—
2014
$1,839
7%
$109,396
-1%
2013
$1,719
—
$109,974
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 118 40th St #B

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Home Warranty : Included

Listed by Marquardt Realty, Inc.

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118 40th St #B, Mexico Beach, FL 32456 (MLS# 328189) is a Condo / Townhouse property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 118 40th St #B is currently listed for $1,029,000 and was received on April 30, 2026. Want to learn more about 118 40th St #B? Do you have questions about finding other Condo / Townhouse real estate for sale in Mexico Beach? You can browse all Mexico Beach real estate or contact a Coldwell Banker agent to request more information.

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