120 40th St
Mexico Beach, FL 32456
6 bd 7 ba 3,614 sqft Built 2024 Lot 4,792 sqft single_family
Most recent sale
$1,030,000
Sep 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 22, 2024 | Sold | $2,775,000 | CPARMLS |
| Nov 5, 2024 | Price changed | $2,899,000 | ForgottenCoastMLS |
| Oct 21, 2024 | Listed | $2,999,000 | ForgottenCoastMLS |
| Apr 19, 2024 | Listed | $2,999,000 | RAofFranklinandGulf |
| Apr 18, 2024 | Listed | $2,999,000 | CPARMLS |
| Sep 9, 2022 | Sold | $1,030,000 | Public Record |
| Oct 26, 2021 | Sold | $750,000 | Public Record |
| Nov 6, 2018 | Listing removed | — | RAofFranklinandGulf |
| Oct 2, 2018 | Listed | $899,000 | RAofFranklinandGulf |
| Aug 15, 2018 | Listing removed | — | RAofFranklinandGulf |
| Aug 7, 2017 | Listed | $1,050,000 | RAofFranklinandGulf |
| Apr 27, 2006 | Sold | $580,000 | Public Record |
| Jan 10, 2006 | Sold | $1,000,000 | Public Record |
| Dec 1, 1996 | Sold | $135,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,641,170 | $744,000 | $2,385,170 | $38,744 |
| 2023 | — | $678,900 | $678,900 | $11,638 |
| 2022 | — | $409,200 | $409,200 | $6,819 |
| 2021 | — | — | $274,066 | $5,127 |
| 2020 | — | — | $249,151 | $4,845 |
| 2019 | — | $226,501 | $226,501 | $4,216 |
| 2018 | $147,424 | $226,501 | $373,925 | $6,383 |
| 2017 | $148,426 | $213,900 | $362,326 | $5,928 |
| 2016 | $149,427 | $190,650 | $340,077 | $5,626 |
| 2015 | $150,429 | $190,650 | $341,079 | $5,703 |
| 2014 | — | — | $369,980 | $6,218 |
| 2013 | — | — | $361,682 | $5,654 |
| 2012 | — | — | $398,251 | $6,264 |
| 2011 | — | — | $404,881 | $6,306 |
| 2010 | — | — | $482,695 | $7,412 |
| 2009 | — | — | $547,386 | $8,468 |
| 2008 | — | — | $623,238 | $8,918 |
| 2007 | — | — | $624,089 | $8,849 |
Property facts
Year built
2024
Property type
single_family
Stories
3
Beds
6
Baths
7
Living area
3,614 sqft
Lot size
4,792 sqft
ZIP code
32456
City
Mexico Beach
Street
40th St
Coordinates
29.95042, -85.42665
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
$6,686
Gross rental yield
7.79%
Implied cap rate
5.06%
Trend-extrapolated value
—
Frequently asked questions
When did 120 40th St last sell?
120 40th St most recently sold on Sep 9, 2022 for $1,030,000.
What is the current tax assessment for 120 40th St?
The most recent total assessment for 120 40th St (year 2025) is $2,385,170 with $38,744 in property tax.
How does 120 40th St's assessment compare to its last sale price?
The current assessment is 131.6% above the last sale price of $1,030,000.
When was 120 40th St built?
120 40th St was built in 2024.
How does 120 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 120 40th St?
120 40th St is a 6 bed, 7 bath, 3,614 sqft, 4,792 sqft lot single_family.
Is 120 40th St a flip candidate?
Yes — 120 40th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 120 40th St a tax-appeal candidate?
No — 120 40th 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 40th St