170 Penelope St, Miramar Beach, FL 32550

$1,575,000
4
BD
4
BA
2,475
SqFt

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List Price
$1,575,000
Price Change
▼ $5,000 1784789255
MLS#
1002642
Type
Single Family Residential
Year Built
2018
City
Miramar Beach
Subdivision
Frangista Beach 3rd Addn
Bedrooms
4
Bathrooms
4
Living Area
2,475
Acres
0.16
Status
ACTIVE

Property Description

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.

Additional Information

Style
Beach House
High School
South Walton
Interior Features
Newly Painted
Cooling
Central Air
Heating
Central
Roof
Metal

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Calculator source: Real Geeks

Listing courtesy of Corcoran Reverie SRB.

Vendor Member Number : 28166