Beach Homes Realty
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170 penelope street

Miramar Beach, FL 32550

$1,600,000

4 BEDS 4 BATHS
0.15 AC LOT
Residential - Single Family
Price Changed
Image 1: Front of house
Image 2: Kitchen area
Image 3: put your own pool in!
Image 4: Huge front porch for coffee!
Bedrooms 4
Total Baths 4
Acreage 0.16
Status Active
MLS # 1002642
County Walton
More Info
Category Residential - Single Family
Status Active
Acreage 0.16
MLS # 1002642
County Walton
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 investors the opportunity to own in one of Miramar Beach's most established and desirable vacation rental neighborhoods. Known for its beach access, charming coastal architecture, golf-cart-friendly streets, and proximity to Destin's best attractions, Frangista Beach continues to attract families and vacationers year after year. EASY SHOW! BRING AN OFFER! Whether you're looking for a long-term investment, vacation rental potential, or a second home to make your own, this property checks all the boxes.
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Listing
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Exterior Features

  • Style Beach House
  • Construction Single Family
  • Garage No
  • Garage Description 1
  • Water Well
  • Sewer Public Sewer
  • Lot Dimensions 50x100
  • Lot Description Level

Interior Features

  • Appliances Dishwasher, Refrigerator, Stove/Oven Electric, Water Heater - Elect
  • Heating Central
  • Year Built 2018

Neighborhood & Schools

  • Subdivision FRANGISTA BEACH 3rd ADDN
  • Elementary School Destin
  • Middle School Destin
  • High School South Walton

Financial Information

  • Parcel ID 29-2S-21-42060-00B-0070
  • Zoning Resid Single Family

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Corcoran Reverie SRB
Emerald Coast Association of REALTORS
Listing data is current as of 07/06/2026.

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