118 38th St
Mexico Beach, FL 32456
2 bd 2 ba 1,049 sqft Built 2006 condos
Most recent sale
$489,000
Nov 10, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 9, 2024 | Price changed | $609,000 | RAofFranklinandGulf |
| Mar 2, 2024 | Listed | $629,000 | RAofFranklinandGulf |
| Nov 10, 2021 | Sold | $489,000 | MLS #308597 |
| Sep 12, 2018 | Sold | $338,000 | MLS #262380 |
| Jun 18, 2018 | Listed | $359,000 | MLS #262380 |
| Sep 6, 2009 | Listing removed | $429,000 | RAofFranklinandGulf |
| Feb 9, 2009 | Listed | $429,000 | MLS #234724 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $494,709 | $8,335 |
| 2023 | $408,850 | — | $408,850 | $7,008 |
| 2022 | $408,850 | — | $408,850 | $6,814 |
| 2021 | $88,400 | — | $88,400 | $1,548 |
| 2020 | $88,400 | — | $88,400 | $1,647 |
| 2019 | $88,400 | — | $88,400 | $1,646 |
| 2018 | — | — | $212,020 | $4,110 |
| 2017 | $216,151 | — | $216,151 | $3,302 |
| 2016 | $175,223 | — | $175,223 | $2,899 |
| 2015 | $167,549 | — | $167,549 | $2,802 |
| 2014 | — | — | $167,549 | $2,816 |
| 2013 | — | — | $167,549 | $2,619 |
| 2012 | — | — | $167,549 | $2,635 |
| 2011 | — | — | $161,500 | $2,516 |
| 2010 | — | — | $223,825 | $3,437 |
| 2009 | — | — | $223,825 | $3,463 |
| 2008 | — | — | $319,005 | $4,565 |
| 2007 | — | — | $382,500 | $5,424 |
Property facts
Year built
2006
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,049 sqft
Lot size
—
ZIP code
32456
City
Mexico Beach
Street
38th St
Coordinates
29.95000, -85.42501
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,941
Gross rental yield
4.76%
Implied cap rate
3.10%
Trend-extrapolated value
—
Frequently asked questions
When did 118 38th St last sell?
118 38th St most recently sold on Nov 10, 2021 for $489,000.
What is the current tax assessment for 118 38th St?
The most recent total assessment for 118 38th St (year 2025) is $494,709 with $8,335 in property tax.
How does 118 38th St's assessment compare to its last sale price?
The current assessment is 1.2% above the last sale price of $489,000.
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, 1,049 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 valuationQuarterly trend
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$505.9K
2026 Q4
$499.5K
ZIP 32456 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 38th St