Residential Property for Sale Miramar Beach Florida at $1,099,999

159 Penelope Street
Miramar Beach, Florida FL 32550
Sold For: $1,010,000
Listing ID: 877595
Price/SqFt: $512.58
Status: Sold
Sold Date: 9/10/2021
Bedrooms: 4 Bed
Total Baths: 5 Bath
Full Baths: 4 Bath
Partial Baths: 1 Bath
SqFt: 2,146 Sq Ft
Year Built: 2016

This beautiful beach cottage is located in one of the most desirable communities in Miramar Beach (Frangista Beach) and has the many added benefits of being on the only cul-de-sac in the neighborhood. The gorgeous 4 bedroom, 4.5 bathroom home is being sold fully furnished. It has over $130K on the books so far for this year and projected to gross $150K. A perfect rental with enough room for the whole family sleeping 14 comfortably! A strong rental history including a 48% income increase since 2019. In addition, the lot has plenty of space to add a pool! The beautifully designed open concept living area connects the kitchen, dining, and living room into a seamless expanse of light filled space. You will notice careful detail has been given to every single inch of this home. The kitchen includes custom cabinetry and granite countertopsDon't miss the incredible sunsets from your second-floor balcony! The first floor bedroom includes its own ensuite bathroom. The roomy master with gorgeous tiled shower is located upstairs along with bedrooms three and four. One bedroom features four built-in bunks for maximum rental capacity, and both include convenient ensuite bathrooms attached. The perfect beach gem in a wonderful location! CALL TODAY to schedule your private showing!

Primary Features

County: Walton
Half Baths: 1
Price/SqFt: 512.58
Property Sub Type: Detached Single Family
Property Type: Residential
Year Built: 2016
Zoning: Resid Single Family

Interior Features

Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Electric, Washer
Bedroom Additional: First, Second
Bedroom Master: Second
Interior: Breakfast Bar, Floor Hardwood, Furnished - All, Pantry, Walls Paneled, Washer/Dryer Hookup, Window Treatment All, Woodwork Stained
Kitchen: First
Living Room: First
Master Bedroom/Master Bathroom: MBath Double Vanity, MBath Tile, MBed Trey Ceiling
Number of Stories: 2
Rooms: Bedroom, Kitchen, Living Room, Master Bedroom

External Features

Construction/Siding: Frame, Roof Metal, Siding CmntFbrHrdBrd, Slab
Design: Florida Cottage
Driveway Spaces: 4
Exterior: Fenced Back Yard, Patio Covered, Shower
Garage Spaces: 1
Lot Dimensions: 33x115x77x123
Lot Features: Cul-De-Sac, Within 1/2 Mile to Water
Lot/Parcel Access: Paved Road
Parking Features: Garage Attached
Pool: no
Pool Type: None
Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable

Location Information

Area: 15 - Miramar/Sandestin Resort
Elementary School: Van R Butler
High School: South Walton
Middle School: Emerald Coast
Parcel ID: 29-2S-21-42060-00B-0030
Sub Area: 1502 - Southwest Walton South


As Is: no
Construction Status: Construction Complete
Document Count: 2
Energy: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Gas
Legal Description: LOT 3 BLK B FRANGISTA BEACH 3RD ADDITION PB 17-71 OR 2728-3286 OR 2975-954 OR 3018-4527
Project Facilities: Beach, Gated Community, Pool
SqFt Source: County PA Records

Financial Details

Assessment Amount: 425
Assessment Fees: yes
Assessment Paid: Quarterly
Existing Leases: Daily/Weekly
Fees Include: Accounting, Legal, Recreational Faclty, Trash
Is Subject Leased: no
New Buyer Fee: yes
New Buyer Fee Amount: 150
New Buyer Fee Paid: $

Zoning Info

Area Info

© 2022 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but is not guaranteed. Data last updated: Monday, January 24th, 2022 06:14:52 AM. Listing courtesy of Beach Group Properties LLC.

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