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118 38th St

Mexico Beach, FL 32456

2 bd 2 ba 892 sqft Built 2006 condos
Most recent sale
$590,000
Dec 5, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 5, 2023 Sold $590,000 RAofFranklinandGulf
Nov 4, 2023 Listed $610,000 RAofFranklinandGulf
May 11, 2021 Sold $394,000 RAofFranklinandGulf
Aug 1, 2016 Sold $242,000 RAofFranklinandGulf
Jul 6, 2016 Price changed $249,900 RAofFranklinandGulf
Jun 30, 2016 Listed $239,000 RAofFranklinandGulf
Jun 17, 2016 Sold $230,000 Public Record
Oct 19, 2010 Listing removed $239,900 RAofFranklinandGulf
Mar 18, 2010 Listed $239,900 RAofFranklinandGulf
Jan 19, 2009 Listing removed $339,000 RAofFranklinandGulf
Aug 13, 2008 Listed $339,000 RAofFranklinandGulf

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $466,426 $466,426 $7,576
2023 $346,196 $346,196 $5,934
2022 $346,196 $346,196 $5,769
2021 $79,900 $79,900 $1,399
2020 $79,900 $79,900 $1,488
2019 $79,900 $79,900 $1,487
2018 $199,750 $199,750 $3,575
2017 $205,700 $205,700 $3,365
2016 $162,545 $2,024
2015 $161,415 $161,415 $2,035
2014 $160,217 $2,024
2013 $157,849 $1,854
2012 $155,210 $1,826
2011 $141,100 $2,197
2010 $189,525 $2,910
2009 $189,525 $2,932
2008 $247,831 $3,546
2007 $297,160 $4,213

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
29.95008, -85.42503

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
$3,540
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 118 38th St last sell?
118 38th St most recently sold on Dec 5, 2023 for $590,000.
What is the current tax assessment for 118 38th St?
The most recent total assessment for 118 38th St (year 2025) is $466,426 with $7,576 in property tax.
How does 118 38th St's assessment compare to its last sale price?
The current assessment is 20.9% below the last sale price of $590,000.
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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