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118 38th St

Mexico Beach, FL 32456

2 bd 2 ba 892 sqft Built 2006 condos
Most recent sale
$440,000
Mar 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 31, 2025 Price changed $529,000 ForgottenCoastMLS
Jul 8, 2025 Price changed $539,000 ForgottenCoastMLS
Apr 28, 2025 Price changed $559,000 ForgottenCoastMLS
Mar 10, 2025 Listed $579,000 ForgottenCoastMLS
Mar 18, 2022 Sold $440,000 MLS #308598
Jul 26, 2021 Listed $449,000 MLS #308598
Jul 20, 2018 Price changed $349,900 MLS #262350
Jun 13, 2018 Listed $379,000 MLS #262350
Jul 25, 2012 Sold $189,900 Public Record
Jun 6, 2012 Listing removed $189,900 ForgottenCoastMLS
Jun 2, 2012 Relisted $189,900 MLS #244418
Dec 3, 2011 Listing removed $169,900 ForgottenCoastMLS
Nov 22, 2011 Price changed $169,900 MLS #244418
Nov 1, 2011 Price changed $189,900 MLS #244418
Jul 30, 2011 Listed $199,900 MLS #244418
Jul 12, 2011 Listing removed $199,000 ForgottenCoastMLS
Jun 27, 2011 Listing removed $199,000 CPARMLS
Jun 23, 2011 Listed $199,000 MLS #417939
Jun 20, 2011 Relisted $199,000 MLS #242289
Apr 28, 2011 Listing removed $199,000 ForgottenCoastMLS
Jan 11, 2011 Listed $199,000 MLS #242289

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $346,196 $346,196 $5,934
2021 $79,900 $79,900 $1,399
2020 $79,900 $79,900 $1,489
2019 $79,900 $79,900 $1,487
2018 $199,750 $199,750 $3,576
2017 $205,700 $205,700 $3,155
2016 $167,865 $167,865 $2,777
2015 $161,415 $161,415 $2,699
2014 $161,415 $2,713
2013 $161,415 $2,523
2012 $155,210 $2,441
2011 $141,100 $2,198
2010 $189,525 $2,910
2009 $189,525 $2,932
2008 $247,831 $3,547
2007 $297,160 $4,214

Property facts

Year built
2006
Property type
condos
Stories
Beds
2
Baths
2
Living area
892 sqft
Lot size
ZIP code
32456
City
Mexico Beach
Street
38th St
Coordinates
29.95005, -85.42498

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,650
Gross rental yield
4.50%
Implied cap rate
2.93%
Trend-extrapolated value

Frequently asked questions

When did 118 38th St last sell?
118 38th St most recently sold on Mar 18, 2022 for $440,000.
What is the current tax assessment for 118 38th St?
The most recent total assessment for 118 38th St (year 2023) is $346,196 with $5,934 in property tax.
How does 118 38th St's assessment compare to its last sale price?
The current assessment is 21.3% below the last sale price of $440,000.
When was 118 38th St built?
118 38th St was built in 2006.
How does 118 38th St compare to others on 38th St?
We track 8 other properties on 38th St. Browse the list under "Other properties on 38th St" to compare beds, baths, and sale history.
What are the property facts for 118 38th St?
118 38th St is a 2 bed, 2 bath, 892 sqft condos.
Is 118 38th St a flip candidate?
No — 118 38th St does not appear in our flips dataset.
Is 118 38th St a tax-appeal candidate?
No — 118 38th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$505.9K
2026 Q4
$499.5K
ZIP 32456 — Median Price History + Forecast

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