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$1,150,000

  • Sold
  • Closed
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 1,952 Sq. Ft.
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CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSINVESTORS, 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: --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

Full Property Details for 150 Penelope St

General

  • Sold For: $1,150,000
  • Status: Closed
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 984574
  • Added to Site: 154 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Bunk Room, Dining Room, Full Bathroom, Garage, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Interior Features: Furnished - All, Kitchen Island, Pantry, Window Treatment All
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Stove/Oven Electric, Washer

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Living Room: Living Room
  • Kitchen: Kitchen
  • Dining Room: Dining Room

Additional Information

  • Pool: Yes

Exterior

  • Exterior Features: Deck Covered, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking: Garage

Location

  • Area: 15 - Miramar/Sandestin Resort
  • County: Walton
  • Subdivision: Frangista Beach
  • Driving Directions: From Scenic Gulf Drive, turn north on Miami Street and take the 5th left onto Penelope Street. 150 Penelope is close to the cul-de-sac on the right.

School Information

  • Elementary School: Van R Butler
  • Middle School: Emerald Coast
  • High School: South Walton

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric

Utilities

  • Utility Description: Electric, Public Sewer, Public Water

Structural Information

  • Architectural Style: Beach House
  • Construction: Roof Metal, Slab
  • Stories/Levels: 2
  • Square Feet: 1,952
  • Sq. Ft. Source: Appraiser
  • Year Built: 2016

Lot Features

  • Lot Dimensions: 140 x 54 x 128 x 48
  • Street/Road Desc.: City Road
  • Zoning: Resid Single Family

Financial Considerations

  • Assessment Amount: $450
  • Assmt Payment Freq: Quarterly
  • Terms: Conventional, FHA, VA

Disclosures and Reports

  • Legal Description: COM NE/C GOV LOT 104 SEC 30-2S-21W, S01 DEG 14'00''W ON E LN 20FT TO POB; S01 DEG 1400''W ON E LN 73 FT, DPRT E LN N 88 DEG 45'00''W 96.5 FT, N01 DEG 14'00''E 73.00FT, S 88 4500''E 96.50FT TO POB. OR 1513-97 OR 2377-818 OR 2522-1768 OR 2562-1158 OR 2544-543 OR 3218-244 OR 3285-2416
  • Assessment: Yes
  • APN: 29-2S-21-42060-00B-0100

Listed by EXP Realty LLC
Sold by Red Hot Realty

Listing agent

— 150 Penelope St —

  • EXP Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 150 Penelope St

School District:Walton County School District
NameGradesDistance
Van R. Butler Elementary School
6694 West County Highway 30A, Santa Rosa Beach, FL 32459
K-57.2 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-816 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-1211.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 150 Penelope St

Date
Details
Price
Change
Source
10/27/2025
Sold
$1,150,000
-8%
MLS
9/03/2025
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by EXP Realty LLC
Sold by Red Hot Realty

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150 Penelope Street, Miramar Beach, FL 32550 (MLS# 984574) is a Single Family property that was sold at $1,150,000 on October 27, 2025. Want to learn more about 150 Penelope Street? Do you have questions about finding other Single Family real estate for sale in Miramar Beach? You can browse all Miramar Beach real estate or contact a Coldwell Banker agent to request more information.