118 Canal Pkwy, Mexico Beach, FL 32456 - Photo 1

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$1,150,000

For Sale
Active
Single Family
3 Beds
2 Full Baths
1 Partial Bath
1,550 Sq. Ft.

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Property Description

This 3BR/2.5BA Deltec-built home in Mexico Beach combines solid construction, thoughtful design, and an exceptional coastal setting-offering confidence and comfort for relaxed beachside living. From the moment you arrive, you'll appreciate the ample parking and oversized heated and cooled storage area. Access the main living level by stairs or enjoy the convenience of the electric lift. Once inside, the light-filled living room immediately draws you in with a wall of windows that provides front-row views of the water-perfect for watching birds, boats, and daily coastal activity. Vaulted ceilings enhance the open-concept layout, complemented by wood floors and a cozy fireplace that anchors the space. The kitchen is well equipped with granite countertops, soft-close cabinetry, a gas stove, walk-in pantry, and a spacious island with additional seating. Two comfortably sized guest bedrooms offer plenty of room for family or visitors, while the primary suite features two cedar-lined walk-in closets and an ensuite bath. Step onto the private balcony to enjoy quiet moments or your morning coffee with a view. Additional features include solar panels, a whole-house Generac generator, and a fenced yard with garden beds and fruit trees. Ideally located near sugar-white beaches, fishing, and boating, the home is also close to dining and local entertainment. With nearby beach access, a city pavilion with restrooms and picnic tables, a convenient boat ramp, and no HOA fees, this property is equally well suited as an investment opportunity or a personal coastal retreat.

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Full Property Details

Full Property Details for 118 Canal Pkwy

General

Price: $1,150,000
Status: Active
Type: Single Family
Source: 933
MLS ID: 326534
Updated: 4/21/2026
Added to Site: 84 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: Owner

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
Exclusions: Personal Items
Flood Zone Info: X
Property ID: 04753-000-000

Listed by Reid Real Estate

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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 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/09/2026

Price Reduced

$1,150,000

-8%

MLS

2/26/2026

Listed

$1,250,000

738.93%

MLS

4/28/2012

Sold

$149,000

—

Public Record

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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

2025

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

—

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

Estimate the Cost for 118 Canal Pkwy

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118 Canal Pkwy, Mexico Beach, FL 32456 (MLS# 326534) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 118 Canal Pkwy is currently listed for $1,150,000 and was received on February 26, 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.

118 Canal Pkwy Mexico Beach, FL 32456