Exceptional investment opportunity just steps from the beach

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Townhome/Townhouse For Sale

118 40th St

Mexico Beach, Florida 32456

Community: No med Subdivision

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$3,195,000 11 br, 12.0 bath 9770 sq. ft. 0.172 acres

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.

Interior:
  • Bedrooms: 11
  • Baths: 12.0
  • Sq Ft: 9770
  • Year Built: 2025
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: Driveway, Garage, Garage - Attached
Exterior:
  • Lot Size: 0.172 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Frame, HardiPlank Type
  • Roof: Metal
  • MLS #: 324994
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Contact Information:
Beach Townhome/Townhouse For Sale in Mexico Beach, Florida
Listing Agent: Chrystina Adams, MARQUARDT REALTY INC., 850-814-5606, 850-814-5606 Listing Site, Listing Status: Active
Copyright © 2025 Forgotten Coast Realtor Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7129465
Viewed 27 times.
Updated: Jan 18, 2026

This property is a Townhome/Townhouse located at 118 40th St, Mexico Beach, Florida 32456, and is currently For Sale at $3,195,000. This Townhome/Townhouse has 11 bedrooms, 12.0 baths, 9770 sq ft.