68 Penelope Street, Miramar Beach, FL 32550

$1,049,900

1-all_floors_68_penelope_street_miramar_

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,365 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $1,049,900 List Date: 7/28/2026 Last Modified: 9/14/2026

Overview

Description

Luxury Beach Living! Gated community w/ deeded Beach Access! VA Assumable! 4 Bedrooms/3 Full Baths (1 Bedrm & Full Bath w/zero entry shower on 1st Level). Open Concept-tons of entertaining space. Stainless Appliances, Kitchen Island, stone countertops, Vaulted Ceiling, Back Porch w/extended paver patio for outdoor entertaining. Lrg corner lot, 2 car garage & paver driveway. Lots of storage. Extra large great rm flows into dining & open kitchen. Plantation shutters throughout. Fenced backyard. Check-out floor plan in pictures. Best location in neighborhood: 5 min. stroll to DEEDED BEACH ACCESS & 2 min. stroll to community pool. Low HOA fees include community pool, gated community, security, & beach access. Buyer to verify all deemed important info.

Listing Details MLS# 1008605

Contract Info

List Price/SqFt: 443.93
Listing Board: Emerald Coast

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort
Street #: 68
Street Name: Penelope
Street Suffix: Street
State: FL
Zip Code: 32550
County: Walton
Project Name/Subdivision: FRANGISTA BEACH 2ND ADDN
Parcel ID: 32-2S-21-42050-00F-0070

General Property Info

Sub-Type: Detached Single Family
Design: Florida Cottage
Apx SqFt(Htd/Cooled): 2365
SqFt Source: County PA Records
Full Baths: 3
Total Bathrooms: 3
# Stories: 2
Year Built: 2018
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Garage Spaces: 2
Driveway Spaces: 4
userdefined76: 6
Acreage: 0.12
Pool: Yes
Pool Type: Community

Lot Features

Coastal Barrier Zone: No
Covenants: Yes
Interior: Yes
Restrictions: Yes
Within 1/2 Mile to Water: Yes

Location, Tax and Legal

Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 7 BLK F FRANGISTA BCH 2ND ADD PB 3-41 OR 1754-243 OR 2619-2550 OR 2621-4240 OR 2697-4355 OR 2762-1099 OR 2762-3011 OR 2908-2258 OR 3054-1359 OR 3090-2330

More Information

Listing Info, Tax & Legal

Homestead: No
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: 8977.98
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No

Remarks & Misc

Remarks: Luxury Beach Living! Gated community w/ deeded Beach Access! VA Assumable! 4 Bedrooms/3 Full Baths (1 Bedrm & Full Bath w/zero entry shower on 1st Level). Open Concept-tons of entertaining space. Stainless Appliances, Kitchen Island, stone countertops, Vaulted Ceiling, Back Porch w/extended paver patio for outdoor entertaining. Lrg corner lot, 2 car garage & paver driveway. Lots of storage. Extra large great rm flows into dining & open kitchen. Plantation shutters throughout. Fenced backyard. Check-out floor plan in pictures. Best location in neighborhood: 5 min. stroll to DEEDED BEACH ACCESS & 2 min. stroll to community pool. Low HOA fees include community pool, gated community, security, & beach access. Buyer to verify all deemed important info.

Construction Status

Construction Complete: Yes

Parking Features

Garage Attached: Yes

Lot/Parcel Access

Private Road: Yes

Project Facilities

Beach: Yes
Community Room: Yes
Gated Community: Yes
Pool: Yes
Short Term Rental - Allowed: Yes

Construction/Siding

Roof Metal: Yes
Siding CmntFbrHrdBrd: Yes
Slab: Yes

Utilities

Electric: Yes
Public Sewer: Yes
Public Water: Yes
Underground: Yes

Zoning

Resid Single Family: Yes

Exterior

Fenced Back Yard: Yes
Fenced Privacy: Yes
Lawn Pump: Yes
Patio Open: Yes
Porch: Yes
Porch Open: Yes
Sprinkler System: Yes

Assumable Mtg Typ

VA Fixed: Yes

Interior

Ceiling Vaulted: Yes
Floor Hardwood: Yes
Floor Tile: Yes
Kitchen Island: Yes
Lighting Recessed: Yes
Pantry: Yes
Plantation Shutters: Yes
Washer/Dryer Hookup: Yes
Window Treatment All: Yes

Financing

Conventional: Yes
VA: Yes
Other: Yes

Appliances

Auto Garage Door Opn: Yes
Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator W/IceMk: Yes
Smoke Detector: Yes
Smooth Stovetop Rnge: Yes
Stove/Oven Electric: Yes

Energy

AC - 2 or More: Yes
Ceiling Fans: Yes
Heat Cntrl Electric: Yes

Mstr Bdrm/Mstr Bath

MBath Double Vanity: Yes
MBath Tile: Yes
MBed Walk-in Closet: Yes

Master Bedroom

Second: Yes

Bedroom

First: Yes

Kitchen

First: Yes

Rooms

Bedroom: Yes
Dining Area: Yes
Great Room: Yes
Kitchen: Yes
Master Bathroom: Yes
Master Bedroom: Yes

Fees Include

Accounting: Yes
Insurance: Yes
Legal: Yes
Management: Yes
Master Association: Yes
Recreational Faclty: Yes
Security: Yes

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Interior; Restrictions; Within 1/2 Mile to Water Zoning: Resid Single Family Parking Features: Garage Attached Project Facilities: Beach; Community Room; Gated Community; Pool; Short Term Rental - Allowed Exterior: Fenced Back Yard; Fenced Privacy; Lawn Pump; Patio Open; Porch; Porch Open; Sprinkler System Interior: Ceiling Vaulted; Floor Hardwood; Floor Tile; Kitchen Island; Lighting Recessed; Pantry; Plantation Shutters; Washer/Dryer Hookup; Window Treatment All Appliances: Auto Garage Door Opn; Dishwasher; Disposal; Microwave; Refrigerator W/IceMk; Smoke Detector; Smooth Stovetop Rnge; Stove/Oven Electric Utilities: Electric; Public Sewer; Public Water; Underground Energy: AC - 2 or More; Ceiling Fans; Heat Cntrl Electric Master Bedroom: Second Bedroom: First Kitchen: First Rooms: Bedroom; Dining Area; Great Room; Kitchen; Master Bathroom; Master Bedroom Assumable Mtg Typ: VA Fixed Financing: Conventional; VA; Other Fees Include: Accounting; Insurance; Legal; Management; Master Association; Recreational Faclty; Security

Room Information

Room Name	Level	Dimensions	Length	Width
Great Room	First	27.5 x 18	27.50	18.00
Dining Area	First	20 x 11	20.00	11.00
Kitchen	First	20 x 10	20.00	10.00
Bedroom	First	13 x 12	13.00	12.00
Master Bedroom	Second	20 x 16	20.00	16.00
Master Bathroom	Second	14 x 5.5	14.00	5.50

Listing Office: Eagle Bay Real Estate

Last Updated: September - 14 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.