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118 38th St

Mexico Beach, FL 32456

3 bd 2 ba 1,431 sqft Built 2006 condos
Most recent sale
$695,000
Mar 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 8, 2022 Sold $695,000 MLS #309173
Oct 6, 2021 Listed $715,000 MLS #309173

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $616,303 $616,303 $10,011
2023 $585,650 $585,650 $10,039
2021 $172,214 $3,043
2020 $156,558 $3,038
2019 $176,800 $176,800 $3,291
2018 $323,465 $6,296
2017 $442,000 $442,000 $5,750
2016 $267,326 $267,326 $4,423
2015 $255,850 $255,850 $4,278
2014 $255,850 $4,300
2013 $255,850 $4,000
2012 $239,730 $3,771
2011 $239,730 $3,734
2010 $320,477 $4,921
2009 $320,477 $4,958
2008 $320,477 $4,586
2007 $384,265 $5,449

Property facts

Year built
2006
Property type
condos
Stories
3
Beds
3
Baths
2
Living area
1,431 sqft
Lot size
ZIP code
32456
City
Mexico Beach
Street
38th St
Coordinates
29.95013, -85.42500

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
$2,647
Gross rental yield
4.57%
Implied cap rate
2.97%
Trend-extrapolated value

Frequently asked questions

When did 118 38th St last sell?
118 38th St most recently sold on Mar 8, 2022 for $695,000.
What is the current tax assessment for 118 38th St?
The most recent total assessment for 118 38th St (year 2025) is $616,303 with $10,011 in property tax.
How does 118 38th St's assessment compare to its last sale price?
The current assessment is 11.3% below the last sale price of $695,000.
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 3 bed, 2 bath, 1,431 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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