170 Penelope Street, Miramar Beach, FL 32550

Miramar Beach
Local realty services provided by:ERA American Real Estate
170 Penelope Street,Miramar Beach, FL 32550
$1,600,000
  • 4 Beds
  • 4 Baths
  • 2,475 sq. ft.
  • Single family
  • Active
Listed by: jacklyn m riley
Office: corcoran reverie srb
MLS#:1002642
Source:FL_ECAR

Price summary

  • Price:$1,600,000
  • Price per sq. ft.:$646.46

About this home

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! Motivated! 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...

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Home facts

  • Year built:2018
  • Listing ID #:1002642
  • Added:56 day(s) ago
  • Updated:July 03, 2026 at 03:31 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:12
  • Kitchen Description:Dishwasher, Refrigerator, Stove/Oven Electric
  • Living area:2,475 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:2018
  • Building area:2,475 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Level
  • Architectural Style:Beach House

Schools

  • High school:South Walton
  • Middle school:Destin
  • Elementary school:Destin

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$1,600,000
  • Price per sq. ft.:$646.46
  • Tax amount:$8,415 (2025)

Features and amenities

  • Appliances:Dishwasher, Refrigerator, Stove/Oven Electric

Parking

  • Garage:Yes
  • Garage spaces:1
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