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118 40th St , A,B,C

MEXICO BEACH, FL 32456
  • $3,195,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 324994
UPDATED: 44 min ago
$3,195,000
  • 11
    BEDS
  • 0.17
    ACRES
  • 9
    BATHS
  • 3
    1/2 BATHS
  • 5,908
    SQFT
  • $541
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2025

School Ratings & Info

Description

Exceptional investment opportunity just steps from the beach. This rare offering includes three individually platted units, totaling 11 bedrooms, a bunk/bonus room, and 9 full bathrooms—ideal for hosting large families and groups or renting the units separately for maximum flexibility and income potential. Situated on a first-tier lot only a few steps from the sand, the property boasts fantastic Gulf views and an unbeatable coastal location. Each residence is thoughtfully designed with 10-foot ceilings, wood floors throughout, custom pecky cypress range hoods, premium appliances, and curated lighting and finishes, showcasing exceptional craftsmanship and attention to detail. Fully enclosed garages provide abundant storage and ample parking for vehicles, golf carts, and beach gear, keeping everything secure and protected. Each unit also features its own outdoor shower, perfect for rinsing off after a day at the beach. Mature landscaping surrounds the property, enhancing curb appeal. With refined coastal design, elevated finishes, and unparalleled proximity to the Gulf, this luxury property is a must-see investment opportunity. Units are also listed individually.

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© 2026 Realtors Association of Franklin and Gulf Counties. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jeff Galloway Real Estate. Data last updated: 2026-02-09T12:42:32.943.
www.gulfcoastrealty.com/homes/172115994
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118 40th St , A,B,C MEXICO BEACH, FL 32456

  • Price: $3,195,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 44 min ago
  • MLS #: 324994
11
Beds
9
Baths
3
½ Baths
0.17
Acres
5,908
SQFT
$541
$/SQFT
2025
Built
Neighborhood:
No Named Subdivision
Area:
Mexico/St. Joe Beach
Property Description
Exceptional investment opportunity just steps from the beach. This rare offering includes three individually platted units, totaling 11 bedrooms, a bunk/bonus room, and 9 full bathrooms—ideal for hosting large families and groups or renting the units separately for maximum flexibility and income potential. Situated on a first-tier lot only a few steps from the sand, the property boasts fantastic Gulf views and an unbeatable coastal location. Each residence is thoughtfully designed with 10-foot ceilings, wood floors throughout, custom pecky cypress range hoods, premium appliances, and curated lighting and finishes, showcasing exceptional craftsmanship and attention to detail. Fully enclosed garages provide abundant storage and ample parking for vehicles, golf carts, and beach gear, keeping everything secure and protected. Each unit also features its own outdoor shower, perfect for rinsing off after a day at the beach. Mature landscaping surrounds the property, enhancing curb appeal. With refined coastal design, elevated finishes, and unparalleled proximity to the Gulf, this luxury property is a must-see investment opportunity. Units are also listed individually.
Exterior Features

Construction FrameHardiPlank Type Fence FullWood Foundation Pilings Lot Access City RoadPaved Road Lot Dimensions 75x100 Lot Features Coastal SetbackSurvey AvailableWithin 1/2 Mile of WaterZero Lot Line Parking DrivewayGarage Attached Parking Spaces 13.00 Pool No Porch Patio Deck BalconyCovered PatioCovered PorchFront Porch Roof Metal Water View 1st Tier GulfGulf

Interior Features

Appliances Auto Garage Door OpenerDishwasherDisposalMicrowaveRange HoodRefrigerator w/Ice MakerStove/Oven GasWater Heater GasWater Heater Tankless Furnished Unfurnished Interior Features Carbon Monoxide DetectorInside StorageKitchen IslandLighting RecessedNewly PaintedPantryShelvingSmoke DetectorWasher/Dryer HookupWoodwork Painted Loft No

Property Features

Agent Owned Yes Association Fee No Builders Warranty Yes Construction Status Construction Complete Design CustomTriplexZero Lot Line Fractional Ownership No Immediate Occupancy Yes Resort Rental No Sale Subject To Lease No Sewer Public Sewer Total Sqft 9770 Trash City Utilities Electricity ConnectedInternet AvailableNatural Gas ConnectedSewer ConnectedWater Connected Water Public Water Front YN No Water View YN Yes Zoning Type Other

Listing information © 2026 Realtors Association of Franklin and Gulf Counties.
Listing provided courtesy of Marquardt Realty, Inc.: 8508145606.


© 2026 Realtors Association of Franklin and Gulf Counties. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jeff Galloway Real Estate. Data last updated: 2026-02-09T12:42:32.943.
 
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