170 Penelope Street, Miramar Beach, FL 32550
$1,607,000
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
2,475
Lot Size (sq. ft.):
6,970
Status:
Active
Current Price:
$1,607,000
List Date:
5/08/2026
Last Modified:
6/08/2026
Listing Details MLS# 1002642
Contract Info
- List Price/SqFt
- 649.29
- Listing Board
- Emerald Coast
Location Tax and Legal
- Area
- 15 - Miramar/Sandestin Resort
- Street #
- 170
- Street Name
- Penelope
- Street Suffix
- Street
- State
- FL
- Zip Code
- 32550
- County
- Walton
- Project Name/Subdivision
- FRANGISTA BEACH 3rd ADDN
- Parcel ID
- 29-2S-21-42060-00B-0070
General Property Info
- Sub-Type
- Detached Single Family
- Design
- Beach House
- Apx SqFt(Htd/Cooled)
- 2475
- SqFt Source
- County PA Records
- Full Baths
- 4
- Total Bathrooms
- 4
- # Stories
- 2
- Year Built
- 2018
- Immediate Occupancy
- Yes
- Garage
- Yes
- Carport
- No
- Garage Spaces
- Yes
- Driveway Spaces
- 4
- userdefined76
- 5
- Acreage
- 0.16
- Pool
- Yes
- Pool Type
- Community
- Carport Spaces
- 0
- Covered Spaces
- 0
Lot Features
- Coastal Barrier Zone
- No
- Level
- Yes
Location, Tax and Legal
- Sub Area
- 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
- Elementary School
- Destin
- Middle School
- Destin
- High School
- South Walton
- Legal Description
- Lot 7 Blk B Frangista Beach 3rd Addition Pb 17-71 Or 2728-3305 &-3343 &-3421 Or 2805-2265 Or 2888-4250 Or 2928-1330 Or 2964-3695 Or 3058-267 Or 3080-1564
More Information
Listing Info, Tax & Legal
- Is Subject Leased
- No
- Assessment Fees
- Yes
- Assessment Amount
- 450
- Annual Assessment Amount
- 1800
- Assessment Paid
- Quarterly
- New Buyer Fee
- Yes
- New Buyer Fee Amt
- 300
- New Buyer Fee Paid
- $
- Last Taxes
- 8414.69
- Last Tax Year
- 2025
- Brokerage Interest
- No Interest
- As Is
- Yes
Remarks & Misc
- Remarks
- 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!
Construction Status
- Construction Complete
- Yes
Parking Features
- Garage Attached
- Yes
Lot/Parcel Access
- City Road
- Yes
Project Facilities
- Gated Community
- Yes
- Pool
- Yes
- Short Term Rental - Allowed
- Yes
Construction/Siding
- Concrete
- Yes
- Roof Metal
- Yes
Utilities
- Private Well
- Yes
- Public Sewer
- Yes
- Public Water
- Yes
Zoning
- Resid Single Family
- Yes
Exterior
- Patio Open
- Yes
- Porch
- Yes
Interior
- Newly Painted
- Yes
Financing
- Conventional
- Yes
- Other
- Yes
Appliances
- Dishwasher
- Yes
- Refrigerator
- Yes
- Stove/Oven Electric
- Yes
Energy
- AC - 2 or More
- Yes
- AC - Central Elect
- Yes
- Heat Cntrl Electric
- Yes
- Storm Doors
- Yes
- Storm Windows
- Yes
- Water Heater - Elect
- Yes
Mstr Bdrm/Mstr Bath
- MBath Double Vanity
- Yes
- MBath Separate Shwr
- Yes
Master Bedroom
- First
- Yes
Bedroom
- Second
- Yes
Kitchen
- First
- Yes
Living Room
- First
- Yes
Full Bathroom
- Second
- Yes
Rooms
- Bedroom
- Yes
- Covered Porch
- Yes
- Dining Room
- Yes
- Full Bathroom
- Yes
- Garage
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Master Bathroom
- Yes
- Master Bedroom
- Yes
- Office
- Yes
Fees Include
- Management
- Yes
- Master Association
- Yes
- Services
- Yes
Property Features
Construction Status:
Construction Complete
Lot Features:
Level
Zoning:
Resid Single Family
Parking Features:
Garage Attached
Project Facilities:
Gated Community; Pool; Short Term Rental - Allowed
Exterior:
Patio Open; Porch
Interior:
Newly Painted
Appliances:
Dishwasher; Refrigerator; Stove/Oven Electric
Utilities:
Private Well; Public Sewer; Public Water
Energy:
AC - 2 or More; AC - Central Elect; Heat Cntrl Electric; Storm Doors; Storm Windows; Water Heater - Elect
Master Bedroom:
First
Bedroom:
Second
Kitchen:
First
Living Room:
First
Full Bathroom:
Second
Rooms:
Bedroom; Covered Porch; Dining Room; Full Bathroom; Garage; Kitchen; Living Room; Master Bathroom; Master Bedroom; Office
Financing:
Conventional; Other
Fees Include:
Management; Master Association; Services
Room Information
| Room Name | Level | Dimensions | Length | Width |
|---|---|---|---|---|
| Garage | First | 20 x 13 | 20.00 | 13.00 |
| Covered Porch | First | 13 x 6 | 13.00 | 6.00 |
| Office | First | 13 x 12 | 13.00 | 12.00 |
| Living Room | First | 17 x 12 | 17.00 | 12.00 |
| Kitchen | First | 14 x 9 | 14.00 | 9.00 |
| Dining Room | First | 13 x 9 | 13.00 | 9.00 |
| Master Bedroom | First | 15 x 14 | 15.00 | 14.00 |
| Master Bathroom | First | 13 x 12 | 13.00 | 12.00 |
| Bedroom | Second | 13 x 12 | 13.00 | 12.00 |
| Full Bathroom | Second | 12 x 10 | 12.00 | 10.00 |
| Bedroom | Second | 14 x 11 | 14.00 | 11.00 |
| Full Bathroom | Second | 12 x 10 | 12.00 | 10.00 |
Documents
Insurance quote ›
Listing Office:
Corcoran Reverie SRB
Last Updated: June - 08 - 2026
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