BEDS4
BATHS4 full
SQUARE FEET2,475
MLS#1002642
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONFRANGISTA BEACH 3rd ADDN
Property Description
150K+ IN RENTAL! WOW! 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.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Garage: 1 car attached
Heating: Central
Home Style: Beach House
Lot Size: 0.16 Acres
Stories: 2.0
Taxes: $8,414
Year Built: 2018
Feature Descriptions
Appliances: Dishwasher, Refrigerator, Stove/Oven Electric, Water Heater - Elect
Association Fee Includes: Management, Master Association, Services
Carport Spaces: 0
Community Features: Short Term Rental - Allowed, Gated Community, Pool
Days on Site: 31
Exterior: Concrete
Financing Terms: Conventional, Other
HOA: Yes
Interior: Newly Painted
Lot: Level
Lot Dimensions: 50x100
Parcel Number: 29-2S-21-42060-00B-0070
Patio/Porch: Patio Open, Porch
Pool Features: Pool Type
Property Condition: Construction Complete
Road Frontage: City Street
Rooms Total: 12
Sewer: Public Sewer
Sub Type: Detached Single Family
Utilities: Public Water
Water: Well
Window: Storm Windows
Room Sizes
Garage: 20 X 13 Level - First
Covered Porch: 13 X 6 Level - First
Office: 13 X 12 Level - First
Living Room: 17 X 12 Level - First
Kitchen: 14 X 9 Level - First
Dining Room: 13 X 9 Level - First
Primary Bedroom: 15 X 14 Level - First
Primary Bathroom: 13 X 12 Level - First
Bedroom: 13 X 12 Level - Second
Full Bathroom: 12 X 10 Level - Second
Bedroom: 14 X 11 Level - Second
Full Bathroom: 12 X 10 Level - Second
Local Schools
High School: South Walton
Middle School: Destin
Elementary School: Destin
Listed By / Shown By
Listed By
Agency Name: Corcoran Reverie SRB
Shown By
Agent Name: Jeannie Hopkins
Agent Phone: (678) 780-8361
Agency Title: Premier Property Group
Estimate Your Payment
Estimated Payment
$ 4,746.36 per month $3,576.49 Principal & Interest $701.17 Property Tax $468.71 Homeowner's InsuranceChange Payment Information
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170 Penelope Street | MLS# 1002642
This single family home located at 170 Penelope Street, Miramar Beach, FL 32550 is currently listed for sale with an asking price of $1,607,000. This property was built in 2018 and has 4 bedrooms and 4 full baths with 2475 sq. ft. Penelope Street is located in the FRANGISTA BEACH 3rd ADDN subdivision. Search FRANGISTA BEACH 3rd ADDN real estate on jeanniehopkins.premierfl.com today.