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$1,607,500 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 4 Full Baths
  • 2,475 Sq. Ft.
  • Updated 10 hours ago
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290k+ IN RENTAL NUMBERS! WOW!! BRING AN OFFER! Make this HOME YOURS! Located in a quiet, gated community just a short walk from the beach, this spacious 4-bedroom, 4.5-bath home offers over 2,500 square feet with an incredibly functional layout and oversized bedrooms throughout. ASK FOR THE CASH FLOW SHEET! With only one owner, the property has been well maintained and offers endless potential for someone looking to personalize, renovate, or maximize rental income. The private cul-de-sac setting adds exclusivity, while the oversized lot provides plenty of room to add a pool and create a true coastal retreat. Residents enjoy cobblestone streets, a resort-style community pool, and a luxury clubhouse--all within one of the area's most desirable gated neighborhoods. 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.

Full Property Details for 170 Penelope St

General

  • Price: $1,607,500
  • Taxes: $8,414 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 1002642
  • Updated: Today (5/8/2026)
  • Added to Site: Today

Rental Information

  • Complex Features: Short Term Rental - Allowed, Gated Community, Pool

Interior

  • Number of Rooms: 12
  • Interior Features: Newly Painted
  • Appliances: Dishwasher, Refrigerator, Stove/Oven Electric, Water Heater - Elect

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Pool: Yes
  • Pool Description: Pool Type

Exterior

  • Porch/Patio/Deck: Patio Open, Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1

Location

  • Area: 15 - Miramar/Sandestin Resort
  • County: Walton
  • Subdivision: FRANGISTA BEACH 3rd ADDN
  • Driving Directions: From Scenic Gulf Drive, turn on Miami Street and go through the coded gate. Turn at your first left on Penelope and it will be immediately on your left.

School Information

  • Elementary School: Destin
  • Middle School: Destin
  • High School: South Walton

Community

  • Association: Yes
  • Assoc. Fees Include: Management, Master Association, Services

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central
  • Heating/Cooling: Central, Central Air

Utilities

  • Sewer: Public Sewer
  • Water: Well
  • Well: Yes
  • Utility Description: Public Water

Structural Information

  • Architectural Style: Beach House
  • Construction: Concrete
  • Exterior Const.: Concrete
  • Stories/Levels: 2
  • Square Feet: 2,475
  • Sq. Ft. Source: County PA Records
  • Year Built: 2018

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,969.6
  • Lot Dimensions: 50 x 100
  • Frontage: City Street
  • Lot Features: Level
  • Zoning: Resid Single Family

Financial Considerations

  • Assessment Amount: $450
  • Tax Amount: $8,414.69
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: Lot 7 Blk B Frangista Beach 3rd Addition Pb 17-71 Or 2728-3305 &-3343 &-3421 Or 2805-2265 Or 2888-4250 Or 2928-1330 Or 2964-3695 Or 3058-267 Or 3080-1564
  • APN: 29-2S-21-42060-00B-0070
  • Property ID: 29-2S-21-42060-00B-0070

Listed by Corcoran Reverie SRB

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Listing agent

— 170 Penelope St —

  • Corcoran Reverie SRB

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 170 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
6-815.9 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-1211.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 170 Penelope St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/08/2026
Listed
$1,607,500
194.95%
MLS
7/23/2018
Sold
$545,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 170 Penelope St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,049
—
$1,130,289
2%
2024
$8,049
5%
$1,102,789
—
2023
$7,701
55%
$1,102,789
114%
2021
$4,983
-30%
$514,764
-48%
2022
$7,144
43%
$998,657
113%
2021
$4,983
10%
$469,838
3%
2019
$4,514
301%
$454,532
303%
2018
$1,126
4%
$112,886
3%
2017
$1,086
8%
$109,598
9%
2016
$1,004
—
$100,365
2%
2015
$1,004
25%
$98,736
26%
2014
$806
93%
$78,200
94%
2013
$418
—
$40,250
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Corcoran Reverie SRB

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170 Penelope Street, Miramar Beach, FL 32550 (MLS# 1002642) is a Single Family property with 4 bedrooms and 4 full bathrooms. 170 Penelope Street is currently listed for $1,607,500 and was received on May 08, 2026. Want to learn more about 170 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.

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