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$899,900
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Property Description
Well loved home with Elevator and Rooftop Deck! Watch the sunsets from your rooftop! Nothing was overlooked in this home. High end appliances including gas oven and stove. The 2 bedrooms with queen beds have their own private baths. 2 built-in bunks in the hallway allow everyone to have room to roam. Bedrooms are on the lower level, and the main living room and kitchen are upstairs where the views are spectacular! For guests convenience, a half bath can be found adjacent to the living room. There's even a huge walk-in pantry with a barn door! The dining area is open to the kitchen and living room and the balcony is right there! The family room sofa opens into a queen bed if needed. There are smart TV's in all bedrooms and the family room. The beach is an easy 60 second walk and there's no walking across a busy street! Offered fully furnished with rentals already on the books for the season, this property is the perfect blend of luxury, convenience, and relaxation.
Full Property Details
Full Property Details for 112 40th St #1
General
- Price: $899,900
- Taxes: $5,213 (2025)
- Status: Active
- Type: Single Family
- Source: 933
- MLS ID: 325039
- Updated: 7/2/2026
- Added to Site: 175 day(s) ago
Interior
- Interior Features: Beamed Ceilings, Elevator, Storage, Kitchen Island, Recessed Lighting, Lock Out Closet, Pantry, Plantation Shutters, Shelving, Washer/Dryer Hookup, Window Treatment All
- Appliances: Dryer, Washer, Dishwasher, Disposal, Exhaust Fan, Ice Maker, Microwave, Range Hood, Refrigerator, Refrigerator w/Ice Maker, Gas Oven, Gas Water Heater, Tankless Water Heater
- Furnishings: Furnished
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: See Remarks, Shower
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Carport, Covered, Driveway, Under House With Pad
Location
- Area: Mexico/St. Joe Beach
- Subdivision: No Named Subdivision
- Driving Directions: From Hwy 98 W, just past the Mexico Beach Marina, turn left onto 40th St. House will be the 4th house from the beach on the right.
Heating & Cooling
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available, Electricity Connected, Internet Available, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
Structural Information
- Architectural Style: 2+ Story, Beach House
- Construction Status: Construction Complete
- Exterior Const.: HardiPlank Type
- Basement Desc.: None
- Stories/Levels: 2
- Square Feet: 1,436
- Living Area: 1,436 Sq. Ft.
- Year Built: 2020
Unit Information
- Occupancy Rate: Vacant
Lot Features
- Lot Dimensions: 37.5' x 60'
- Lot Features: Water View, Within 1/2 Mile of Water
- Fencing (Description): Back Yard, Partial, Wood
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $5,213.27
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: 22 6S 12W -9.1- 213D1 COM 50' WLY ON W LINE US 98 FROM NW COR BLK 7 U-5 TH SWLY 487.50' FOR POB TH S WLY 37.50' NWLY 60' NELY 37.50' SELY 60' TO POB TOG W & SUBJ TO ESMTS ORB 4284 P 1901
- Flood Zone Info: X
- Property ID: 04112-010-000
Listed by Waves & Woods Realty, LLC
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Schools
Schools serving 112 40th St #1
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tyndall Elementary School 7800 Tyndall Pkwy, Tyndall Air Force Base, FL 32403 | PK-8 | 14.2 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 18.6 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 112 40th St #1
Date
Details
Price
Change
Source
7/02/2026
Price Reduced
$899,900
-2.71%
MLS
5/18/2026
Price Reduced
$925,000
-2.63%
MLS
4/19/2026
Price Reduced
$950,000
-1.04%
MLS
3/25/2026
Price Reduced
$960,000
-1.03%
MLS
2/24/2026
Price Reduced
$970,000
-1.11%
MLS
2/02/2026
Price Reduced
$980,900
-1.9%
MLS
1/16/2026
Listed
$999,900
614.21%
MLS
11/18/2015
Sold
$140,000
—
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 112 40th St #1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,430
9%
$479,939
12%
2024
$5,004
9%
$428,618
15%
2023
$4,582
281%
$373,473
417%
2021
$1,204
-72%
$72,291
-82%
2022
$4,357
262%
$390,840
503%
2021
$1,204
17%
$64,812
17%
2019
$1,031
-53%
$55,365
-51%
2018
$2,171
19%
$112,603
1%
2017
$1,820
5%
$111,216
6%
2016
$1,730
-31%
$104,573
-29%
2015
$2,523
6%
$146,401
10%
2014
$2,384
14%
$133,092
10%
2013
$2,093
—
$120,993
—
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 112 40th St #1
112 40th St #1, Mexico Beach, FL 32456 (MLS# 325039) is a Single Family property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 112 40th St #1 is currently listed for $899,900 and was received on January 16, 2026. Want to learn more about 112 40th St #1? 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.

