118 40th St #A,B,C, Mexico Beach, FL 32456 (MLS # 324994)

Price $3,195,000
Status Active
Beds 11
Baths 10.5 Baths
Home size 5,908 sqft
Lot Size 7,493 sqft
Days on Market 13
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.
Property Type(s): Multi Family
Last Updated 1/14/2026 Tract No Named Subdivision
Year Built 2025 Community Mexico/St. Joe Beach
County Bay

Additional Details

APPLIANCES Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
AREA Mexico/St. Joe Beach
CONSTRUCTION Frame
EXTERIOR Balcony
GARAGE Attached Garage
INTERIOR Kitchen Island, Pantry
LOT 7492 sq ft
LOT DIMENSIONS 75x100
PARKING Garage Door Opener, Attached
SEWER Public Sewer
STYLE Custom, Triplex, Zero Lot Line
SUBDIVISION No Named Subdivision
UTILITIES Natural Gas Available, Sewer Connected
VIEW Yes
VIEW DESCRIPTION Water
WATER Public
ZONING Other

Location

 

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Listed with Marquardt Realty, Inc.

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