$1,150,000
Miramar Beach, FL 32550
MLS# 984574
Status: Sold
4 beds | 4 baths | 1952 sqft
1 / 45
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS INVESTORS, TAKE NOTE: 100% bonus depreciation eligible with a cost segregation study! Consult your CPA for details and requirements. This is a PROVEN INCOME-PRODUCING PROPERTY WHY YOU WILL LOVE 150 PENELOPE STREET:
Details
Maps
Documents
Status Change Info
Status: Sold
Under Contract Date: 2025-09-28
Sold Date: 2025-10-27
Sold Price: $1,150,000
Sold Price/SqFt: 589.14
Contract Info
List Date: 2025-09-02
Current Price: $1,150,000
List Price: $1,250,000
List Price/SqFt: 640.37
Listing Board: Emerald Coast
Location Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 150
Street Name: Penelope
Street Suffix: Street
State: FL
Zip Code: 32550
County: Walton
Project Name/Subdivision: FRANGISTA BEACH
Parcel ID: 29-2S-21-42060-00B-0100
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 1952
SqFt Source: Appraiser
Bedrooms: 4
Full Baths: 3
Half Baths: 1
Total Bathrooms: 4
# Stories: 2
Year Built: 2016
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Garage Spaces: 1
Pool: Yes
Pool Type: Private
Property Features
Construction Status: Construction Complete
Zoning: Resid Single Family
Parking Features: Garage
Exterior: Deck Covered; Pool - Gunite Concrt; Pool - Heated; Pool - In-Ground
Interior: Furnished - All; Kitchen Island; Pantry; Window Treatment All
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range Hood; Refrigerator; Stove/Oven Electric; Washer
Utilities: Electric; Public Sewer; Public Water
Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric
Master Bedroom: Second
Bedroom: Second
Kitchen: First
Living Room: First
Full Bathroom: Second
Rooms: Bedroom; Bunk Room; Dining Room; Full Bathroom; Garage; Kitchen; Living Room; Master Bathroom; Master Bedroom
Financing: Conventional; FHA; VA
Fees Include: Security
Supplements
--Prime Location - 8 minute walk from the beach in a gated community with access to both a private and community pool!
--Located in gated Villas of Frangista community
--Quiet cul-de-sac location with strong curb appeal
--Fully furnished, turnkey, and rental ready!
--NO HOA rental restrictions!
--Resort-Style Pool - Dive into the west-facing 20'x28' backyard pool and surrounding oasis, perfect for lounging and entertaining.
--Home Gym - Stay on track with a fully equipped workout space in the garage.
--Private Viewing Experience - Each full-size bunk bed features a personal TV & Bluetooth headphones for ultimate relaxation.
--Spacious Open Concept - The open kitchen, dining, & living area provide the perfect space for gathering.
--Outdoor Living - Enjoy a poolside BBQ and outdoor fridge with ample patio seating & cushioned lounge chairs.
FIRST FLOOR:
--Bunk Room - Cozy full-sized bunks!
--Half Bath - Conveniently located off the main hall.
--Kitchen, Dining & Living Area - Perfect for hosting family & friends.
--Expansive Patio & Pool Views - A seamless indoor-outdoor experience.
SECOND FLOOR:
--King Suite - Spacious retreat with a private en suite bath.
--Double Queen Suite - Two plush queen beds with a private ensuite bath.
--Grand King Suite - Featuring a walk-in tiled shower, private balcony, & twin daybed.
HVAC: 1 unit 2017, 1 unit Oct 2023
WATER HEATER: 2017
ROOF: Metal 2017, with build of house
POOL: Brand new spring 2024, gunite, heat pump, salt water, new landscaping, patio and light package
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks | Dimensions |
| Kitchen | First | 15.7 x 8.9 | 15.70 | 8.90 | Spacious and fully equipped | 15.7 x 8.9 |
| Living Room | First | 16.75 x 10.8 | 16.75 | 10.80 | Open floor plan | 16.75 x 10.8 |
| Dining Room | First | 10.7 x 14.5 | 10.70 | 14.50 | Seating for 8! | 10.7 x 14.5 |
| Bunk Room | First | 13.5 x 6.4 | 13.50 | 6.40 | First floor! Adorable! | 13.5 x 6.4 |
| Garage | First | 11.5 x 13.8 | 11.50 | 13.80 | Laundry and home gym here! | 11.5 x 13.8 |
| Master Bedroom | Second | 17 x 16 | 17.00 | 16.00 | King bed + daybed w trundle | 17 x 16 |
| Master Bathroom | 12.8 x 5.5 | 12.80 | 5.50 | En suite for privacy | 12.8 x 5.5 | |
| Bedroom | Second | 13.3 x 10.5 | 13.30 | 10.50 | King Bed | 13.3 x 10.5 |
| Full Bathroom | Second | 5 x 7.6 | 5.00 | 7.60 | En Suite to King Bedroom | 5 x 7.6 |
| Bedroom | Second | 13.7 x 15.4 | 13.70 | 15.40 | Two Queen Beds | 13.7 x 15.4 |
| Full Bathroom | Second | 7.7 x 5 | 7.70 | 5.00 | En suite for privacy | 7.7 x 5 |
150 Penelope Street - Facts and Features 
Listing Office: EXP Realty LLC
Last Updated: October - 28 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.