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$899,000
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Property Description
Discover the best of coastal living in this beautifully designed 3-bedroom, 2.5-bath Deltec-built home, where distinctive construction, comfortable living spaces, and an enviable Mexico Beach location come together. Designed for both everyday enjoyment and effortless entertaining, this home offers water views right from the main living area. A generous parking area and oversized heated and cooled storage space welcome you upon arrival. The main living level can be accessed by stairs or with the convenience of an electric lift. Inside, a wall of windows welcome natural light in the main living area. Vaulted ceilings, wood flooring, and a fireplace add warmth and character. The kitchen is designed with both style and function in mind, featuring granite countertops, a gas range, walk-in pantry, and large island with additional seating. Two inviting guest bedrooms provide comfortable accommodations, while the private primary suite offers two cedar-lined walk-in closets and a spacious ensuite bath. Take your morning coffee or unwind at the end of the day on the expansive balcony and watch the boats come and go. Thoughtful extras add even more value, including solar panels, a whole-house Generac generator, fenced yard, raised garden beds, and established fruit trees. With no HOA fees, this property offers flexibility as a full-time residence, vacation getaway, or investment opportunity. Just minutes from Mexico Beach's sugar-white sands, fishing, boating, dining, and local entertainment, you'll also have convenient access to the beach, city pavilion with restrooms and picnic tables, and a nearby boat ramp. If you've been looking for a Mexico Beach home that offers character, functionality, water views, and the freedom of no HOA, this one deserves a closer look.
Full Property Details
Full Property Details for 118 Canal Pkwy
General
- Price: $899,000
- Status: Active
- Type: Single Family
- Source: 933
- MLS ID: 329419
- Updated: 9/3/2026
- Added to Site: 55 day(s) ago
Interior
- Rooms/Areas: Blinds, Walk-in Closet(s)
- Interior Features: Breakfast Bar, Gas Fireplace, Kitchen Island, Pantry, Recessed Lighting, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Washer/Dryer Hookup, Woodwork Stained
- Appliances: Dishwasher, Disposal, Dryer, Gas Oven, Microwave, On Demand Water Heater, Washer
- Furnishings: Unfurnished
- Flooring: Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Landscaped, Whole House Generator
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Driveway, Under House With Pad
Location
- Area: Mexico/St. Joe Beach
- Subdivision: No Named Subdivision
- Driving Directions: Hwy 98 West to left on Canal Parkway, house on right - see sign.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Beach House, Modular
- Construction Status: Construction Complete
- Exterior Const.: HardiPlank Type
- Square Feet: 1,550
- Living Area: 1,550 Sq. Ft.
- Year Built: 2019
Unit Information
- Occupancy Rate: Vacant
Lot Features
- Lot Dimensions: 75 x 90
- Lot Features: Dead End, Water View, Within 1/2 Mile of Water
- Fencing (Description): Back Yard
Water Features
- Water View: Yes
Financial Considerations
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: As Is
- Legal Description: MEXICO BEACH UNIT #7 LOT 3 BLK 14 ORB 3408 P 782
- Flood Zone Info: X
- Property ID: 04753-000-000
Listed by Reid Real Estate
Get Pre-Approved Today
Schools
Schools serving 118 Canal Pkwy
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tyndall Elementary School 7800 Tyndall Pkwy, Tyndall Air Force Base, FL 32403 | PK-8 | 14 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 18.4 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 Canal Pkwy
Date
Details
Price
Change
Source
9/03/2026
Listed
$899,000
503.36%
MLS
4/28/2012
Sold
$149,000
—
Public Record
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
Tax History for 118 Canal Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$415,869
3%
2024
100%
$403,663
3%
2023
100%
$391,906
3%
2022
100%
$380,491
3%
2021
100%
$369,409
1%
2020
-100%
$364,309
152%
2019
$2,695
13%
$144,745
—
2018
$2,387
12%
$144,745
7%
2017
$2,130
-7%
$135,150
-6%
2016
$2,293
-1%
$143,560
—
2015
$2,317
1%
$143,560
3%
2014
$2,289
20%
$139,531
10%
2013
$1,905
—
$126,846
—
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
Estimate the Cost for 118 Canal Pkwy
118 Canal Pkwy, Mexico Beach, FL 32456 (MLS# 329419) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 118 Canal Pkwy is currently listed for $899,000 and was received on September 03, 2026. Want to learn more about 118 Canal Pkwy? Do you have questions about finding other Single Family 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.

