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118 38th St

Mexico Beach, FL 32456

2 bd 2 ba 1,049 sqft Built 2006 condos
Most recent sale
$475,000
Jul 26, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2024 Listed $619,000 RAofFranklinandGulf
Jul 26, 2021 Sold $475,000 RAofFranklinandGulf
Mar 23, 2021 Listed $499,000 RAofFranklinandGulf
Sep 3, 2008 Sold $333,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
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 $1,645
2018 $212,020 $3,828
2017 $216,151 $216,151 $3,302
2016 $175,223 $175,223 $2,899
2015 $167,549 $167,549 $2,801
2014 $167,549 $2,815
2013 $167,549 $2,619
2012 $167,549 $2,635
2011 $161,500 $2,515
2010 $223,825 $3,437
2009 $223,825 $3,462
2008 $319,005 $4,565
2007 $382,500 $5,423

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
29.94992, -85.42522

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
$1,941
Gross rental yield
4.90%
Implied cap rate
3.19%
Trend-extrapolated value

Frequently asked questions

When did 118 38th St last sell?
118 38th St most recently sold on Jul 26, 2021 for $475,000.
What is the current tax assessment for 118 38th St?
The most recent total assessment for 118 38th St (year 2023) is $408,850 with $7,008 in property tax.
How does 118 38th St's assessment compare to its last sale price?
The current assessment is 13.9% below the last sale price of $475,000.
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 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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