The BobbyJ Team

Beach House

170 Penelope Street

Miramar Beach, FL 32550

MLS#: 1002642

$1,607,000

Status: Active
Listing number: 1002642
Listing provided by: Corcoran Reverie SRB
Listing agent phone: None
Last update: 12 hours ago
On site: a month ago
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FRANGISTA BEACH 3rd ADDN - Residential

Property

Beds

4

Full Baths

4

1/2 Baths

None

Year Built

2018

Sq.Footage

2,475

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.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    1

  • Construction Materials

    Concrete

  • Parking

    Attached, Garage

  • Patio and Porch Features

    Porch, Patio

  • Pool

    Yes

  • Pool Features

    Community

Area & Lot

  • Lot Features

    Level

  • Lot Size(acres)

    0.16

  • Lot Size(square feet)

    6969.6

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Beach House

Price

  • Sales Price

    $1,607,000

  • Tax Amount

    $8,414.69

  • Zoning

    Resid Single Family

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    Yes

  • Association Fee

    $450

  • Association Fee Frequency

    Quarterly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Destin

  • Middle School

    Destin

  • High School

    South Walton

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public, Well

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Location

County

Walton

Elementary School

Destin

Middle School

Destin

High School

South Walton

Listing Courtesy of Jacklyn M Riley , Corcoran Reverie SRB

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Agent Stacey Petrucci

Partner

Stacey Petrucci

Call Stacey today to schedule a private showing.

(850) 842-9851

Staceyp30a@gmail.com


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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.

170 Penelope Street

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