$2,100,000
Miramar Beach, FL 32550
MLS# 920056
Status: Sold
8 beds | 8 baths | 3623 sqft
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Property Description
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...
Details
Maps
Status Change Info
Status: Sold
Under Contract Date: 2023-09-10
Sold Date: 2023-10-23
Sold Price: $2,100,000
Sold Price/SqFt: 579.63
Contract Info
List Date: 2023-03-30
Current Price: $2,100,000
List Price: $2,295,000
List Price/SqFt: 633.45
Listing Board: Emerald Coast
Location Tax and Legal
Area: 15 - Miramar/Sandestin Resort
Street #: 19
Street Name: Penelope
Street Suffix: Street
State: FL
Zip Code: 32550
County: Walton
Project Name/Subdivision: FRANGISTA BEACH 2ND ADDN
Parcel ID: 32-2S-21-42050-00G-0150
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 3623
SqFt Source: County PA Records
Bedrooms: 8
Full Baths: 8
Total Bathrooms: 8
# Stories: 3
Year Built: 2022
Immediate Occupancy: Yes
Garage: No
Carport: No
Driveway Spaces: 5
Pool: Yes
Pool Type: Private
Property Features
Construction Status: Construction Complete
Lot Features: Covenants; Within 1/2 Mile to Water
Zoning: Resid Single Family
Project Facilities: Beach; Fishing; Gated Community; Pool
Exterior: Balcony; Fenced Back Yard; Patio Open; Pool - In-Ground
Interior: Floor Vinyl; Furnished - All; Kitchen Island; Lighting Recessed; Owner's Closet; Washer/Dryer Hookup; Window Treatment All
Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Oven Self Cleaning; Refrigerator W/IceMk; Smoke Detector; Washer
Utilities: Gas - Natural; Public Sewer; Public Water; Tap Fee Paid
Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Gas
Bedroom: First; Second; Third
Kitchen: First
Living Room: First
Rooms: Bedroom; Kitchen; Living Room
Fees Include: Accounting; Recreational Faclty
Supplements
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!
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Living Room | First | 17.5 x 17 | 17.50 | 17.00 | 17.5 x 17 |
| Kitchen | First | 13 x 9 | 13.00 | 9.00 | 13 x 9 |
| Bedroom | First | 13.5 x 13 | 13.50 | 13.00 | 13.5 x 13 |
| Bedroom | First | 12.5 x 12 | 12.50 | 12.00 | 12.5 x 12 |
| Bedroom | Second | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Bedroom | Second | 12.5 x 13 | 12.50 | 13.00 | 12.5 x 13 |
| Bedroom | Second | 12.5 x 14 | 12.50 | 14.00 | 12.5 x 14 |
| Bedroom | Second | 12 x 14.5 | 12.00 | 14.50 | 12 x 14.5 |
| Bedroom | Third | 14 x 13 | 14.00 | 13.00 | 14 x 13 |
| Bedroom | Third | 11.5 x 11 | 11.50 | 11.00 | 11.5 x 11 |
Listing Office: Scenic Sotheby's International Realty
Last Updated: October - 28 - 2024
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.
Broker Attribution:
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