19 penelope street, Miramar Beach, FL 32550

8 BEDS 8-Full BATHS
Residential - Single Family
Image 1
Bedrooms 8
Total Baths 8
Full Baths 8
Status Off Market
MLS # 920056
County Walton
More Info
Category Residential - Single Family
Status Off Market
MLS # 920056
County Walton
Why wait for construction to finish when you can enjoy the perks of a modern, fully-furnished coastal home and earn rental income right away? Situated in the sought-after gated community of Frangista Beach, 19 Penelope boasts a prime location near the beach and a proven track record of generating impressive ROI. With the rental season about to kick into high gear, this stunning property - which was completed in 2022 - is the perfect investment opportunity. Featuring 8 spacious bedrooms that can accommodate up to 24 guests, along with a private heated pool, 19 Penelope is ideal for multiple families looking to create lasting memories. What sets this property apart, however, is its exceptional rental income potential. In 2022, it earned over $163,000 in rental income, and 2023 is already... off to a strong start with over $125,000 booked. Don't miss out on the chance to invest in 19 Penelope and start reaping the benefits of a fully-equipped coastal home and a reliable source of rental income!

Exterior Features

  • Style Beach House
  • Construction Single Family
  • Exterior Balcony, Fenced Back Yard, Patio Open, Pool - In-Ground
  • Garage No
  • Lot Dimensions 50x115
  • Lot Description Covenants, Within 1/2 Mile to Water

Interior Features

  • Appliances Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Washer
  • Heating Central
  • Cooling Ceiling Fan(s), Central Air
  • Year Built 2022

Neighborhood & Schools

  • Subdivision FRANGISTA BEACH 2ND ADDN
  • Elementary School Van R Butler
  • Middle School Emerald Coast
  • High School South Walton

Financial Information

  • Parcel ID 32-2S-21-42050-00G-0150
  • Zoning Resid Single Family

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.