159 Penelope Street, Miramar Beach, FL 32550

$1,399,000 Asking Price

4 beds
5 baths
2,146  sqft
Built in 2016

Nestled in Frangista Beach community, this luxurious 4-bedroom, 4.5-bathroom single-family home offers the perfect investment opportunity. Spanning an impressive 2,146 square feet, this fully furnished property boasts a private pool, ensuring a resort-style experience for your short-term rental guests. With all bedrooms featuring en-suite baths, your tenants will enjoy unparalleled privacy and comfort. Situated in a gated community on a quiet cul-de-sac, this home provides a secluded oasis just steps away from the pristine white sands of the beach, less than half a mile from your doorstep. Capitalize on the high demand for vacation rentals in this sought-after location and secure your investment in this turnkey, move-in ready property.


Features & Amenities

Interior

General:
Breakfast Bar, Ceiling Raised, Floor Hardwood, Furnished - All, Owner's Closet, Pantry, Window Treatment All
Appliances:
Dishwasher, Microwave, Refrigerator W/IceMk, Stove/Oven Electric
A/C:
true, Ceiling Fan(s), Central Air
Heating:
true, Central

Exterior

General:
Balcony, Fenced Back Yard, Patio Covered, Pool - In-Ground, Shower
Style:
Beach House
Pool:
Pool Type

Construction

Windows:
Double Pane Windows
General:
Frame, Roof Metal, Siding CmntFbrHrdBrd, Slab, 2

Location

Road/Access:
Private Road
HOA Amenities:
Management, Recreational Faclty, 425.0, Quarterly
Golf:
Gated Community
Originating MLS:
Emerald Coast Association of REALTORS®
County:
Walton

Lot

Zoning:
Resid Single Family, 29-2S-21-42060-00B-0030

Utilities

Utilities:
Electric, Public Sewer, Public Water

Financial

Source:
Emerald Coast Association of REALTORS®

This listing courtesy of:
EXP Realty LLC, Cheryl A Robb

About Miramar Beach, FL

Housing

Number of Units
12,123
Median Home Value
$444,951
Median Rent
$1,427

32.14% of housing units are renter occupied.

73.21% are vacant.

Commute

Car
62.48%
Public Transportation
0.23%
Walk to Work
3.05%
Work from Home
33.31%
Other
0.27%

The median travel time to work is 15 minutes.

People

Population
6,144
Median Age
52.40
Median Household Size
2.56

Education

High School
13.31%
Associate’s Degree
10.30%
Bachelor’s Degree
32.22%
Graduate Degree
23.36%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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