150 Penelope St, Miramar Beach, FL 32550
- $1,150,000
- 4
- BD
- 4
- BA
- 1,952
- SqFt
- Sold Price
- $1,150,000
- List Price
- $1,250,000
- Closing Date
- Oct 27, 2025
- Days on Market
- 54
- MLS#
- 984574
- Status
- CLOSED
- Type
- Single Family Residential
- Subtype
- Detached Single Family
- Bedrooms
- 4
- Bathrooms
- 4
- Full Bathrooms
- 3
- Half Bathrooms
- 1
- Living Area
- 1,952
- Neighborhood
- Miramar Beach S. of 98 w/exception of Sandestin Resort
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS INVESTORS, TAKE NOTE: 100% bonus depreciation eligible with a cost segregation study! Consult your CPA for details and requirements. This is a PROVEN INCOME-PRODUCING PROPERTY WHY YOU WILL LOVE 150 PENELOPE STREET: --Prime Location - 8 minute walk from the beach in a gated community with access to both a private and community pool! --Located in gated Villas of Frangista community --Quiet cul-de-sac location with strong curb appeal --Fully furnished, turnkey, and rental ready! --NO HOA rental restrictions! --Resort-Style Pool - Dive into the west-facing 20'x28' backyard pool and surrounding oasis, perfect for lounging and entertaining. --Home Gym - Stay on track with a fully equipped workout space in the garage. --Private Viewing Experience - Each full-size bunk bed features a personal TV & Bluetooth headphones for ultimate relaxation. --Spacious Open Concept - The open kitchen, dining, & living area provide the perfect space for gathering. --Outdoor Living - Enjoy a poolside BBQ and outdoor fridge with ample patio seating & cushioned lounge chairs. FIRST FLOOR: --Bunk Room - Cozy full-sized bunks! --Half Bath - Conveniently located off the main hall. --Kitchen, Dining & Living Area - Perfect for hosting family & friends. --Expansive Patio & Pool Views - A seamless indoor-outdoor experience. SECOND FLOOR: --King Suite - Spacious retreat with a private en suite bath. --Double Queen Suite - Two plush queen beds with a private ensuite bath. --Grand King Suite - Featuring a walk-in tiled shower, private balcony, & twin daybed. HVAC: 1 unit 2017, 1 unit Oct 2023 WATER HEATER: 2017 ROOF: Metal 2017, with build of house POOL: Brand new spring 2024, gunite, heat pump, salt water, new landscaping, patio and light package
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Additional Information
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
- Style
- Beach House
- Elementary School
- Van R Butler
- Exterior Features
- In Ground Pool
- High School
- South Walton
- Interior Features
- Kitchen Island, Pantry
- Legal Description
- COM NE/C GOV LOT 104 SEC 30-2S-21W, S01 DEG 14'00''W ON E LN 20FT TO POB; S01 DEG 14°00''W ON E LN 73 FT, DPRT E LN N 88 DEG 45'00''W 96.5 FT, N01 DEG 14'00''E 73.00FT, S 88 45°00''E 96.50FT TO POB. OR 1513-97 OR 2377-818 OR 2522-1768 OR 2562-1158 OR 2544-543 OR 3218-244 OR 3285-2416
- Middle School
- Emerald Coast
- Neighborhood
- Miramar Beach S. of 98 w/exception of Sandestin Resort
- Parking Features
- Garage
- Stories
- 2
- Subdivision
- Frangista Beach
- Year Built
- 2016
- Zoning
- Resid Single Family
Mortgage Calculator
Listing courtesy of EXP Realty LLC. Selling Office: .
Vendor Member Number : 28166