170 Penelope ST Miramar Beach, FL 32550
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,475 sqft
Price per Sqft $649
Subdivision Frangista Beach 3Rd Addn
MLS Listing ID 1002642
Style Beach House
Bedrooms 4
Full Baths 4
HOA Y/N Yes
Year Built 2018
Annual Tax Amount $8,414
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50x100
Property Sub-Type Detached Single Family
Source Emerald Coast Association of REALTORS®
Land Area 2475
Property Description
Built with both guests and owners in mind, the spacious floor plan offers multiple sleeping areas, open-concept living spaces, and the features today's renters are looking for in a premium beach destination. BRING AN OFFER!
Whether you're expanding your investment portfolio or searching for a beach home that can generate income when you're away, this property checks all the boxes.
One of the standout features is the backyard, which offers room for a private pool--a highly desirable amenity that could significantly enhance rental appeal and income potential. With short-term rentals permitted, investors have the opportunity to further increase the property's earning power by creating the ultimate beach retreat.
Guests will love the proximity to the beach, nearby restaurants, shopping, golf, and entertainment, all accessible by foot, bike, or golf cart.
Located in the highly sought-after Frangista Beach community, 170 Penelope Street offers investors the opportunity to own in one of Miramar Beach's most established and desirable vacation rental neighborhoods. Known for its beach access, charming coastal architecture, golf-cart-friendly streets, and proximity to Destin's best attractions, Frangista Beach continues to attract families and vacationers year after year.
EASY SHOW! BRING AN OFFER! Whether you're looking for a long-term investment, vacation rental potential, or a second home to make your own, this property checks all the boxes.
Location
State FL
County Walton
Community Short Term Rental - Allowed, Gated Community, Pool
Area 15 - Miramar/Sandestin Resort
Zoning Resid Single Family
Direction From Scenic Gulf Drive, turn on Miami Street and go through the coded gate. Turn at your first left on Penelope and it will be immediately on your left.
Rooms
Primary Bedroom Level Main
Master Bedroom true
Dining Room true
Kitchen true
Interior
Interior Features Newly Painted
Heating Central
Cooling Central Air
Window Features Storm Windows
Appliance Dishwasher, Refrigerator, Stove/Oven Electric, Water Heater - Elect
Exterior
Exterior Feature Open Patio, Porch
Garage Spaces 1.0
Pool Pool Type
Community Features Short Term Rental - Allowed, Gated Community, Pool
Utilities Available Public Water
Roof Type Metal
Porch Patio Open, Porch
Road Frontage City Street
Garage Yes
Building
Lot Description Level
Faces From Scenic Gulf Drive, turn on Miami Street and go through the coded gate. Turn at your first left on Penelope and it will be immediately on your left.
Story 2
Sewer Public Sewer
Water Well
Architectural Style Beach House
New Construction No
Schools
Elementary Schools Destin
Middle Schools Destin
High Schools South Walton
Others
Pets Allowed No
HOA Fee Include Management,Master Association,Services
Tax ID 29-2S-21-42060-00B-0070
Nearby Locations
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