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:
--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
Sold for $1,150,000
$1,150,000
150 Penelope St, Miramar Beach, FL 32550
4beds
1,952sqft
Single Family Residence
Built in 2016
6,969.6 Square Feet Lot
$-- Zestimate®
$589/sqft
$5,307 Estimated rent
Home value
Not available
Estimated sales range
Not available
$5,307/mo
Zestimate® history
Owner options
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$5,307/mo
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$5,307/mo
Rent Zestimate®
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$5,753/mo
Est. payment
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$5,753/mo
Est. payment
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List your homeWhat's special
Resort-style poolPrivate viewing experienceQuiet cul-de-sac locationStrong curb appealOutdoor livingPrivate and community poolPool views
Zillow last checked:
Listing updated:
Listed by:
January Johnson 850-691-9851,
EXP Realty LLC
Bought with:
Non Member
NON-MEMBER OFFICE
Source: CPAR,MLS#: 778453
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Description: King bed + daybed w trundle
- Level: Second
- Dimensions: 17 x 16
Bedroom
- Description: King Bed
- Level: Second
- Dimensions: 13.3 x 10.5
Bedroom
- Description: Two Queen Beds
- Level: Second
- Dimensions: 13.7 x 15.4
Primary bathroom
- Description: En suite for privacy
- Level: Second
- Dimensions: 12.8 x 5.5
Other
- Description: First floor! Adorable!
- Level: First
- Dimensions: 13.5 x 6.4
Dining room
- Description: Seating for 8!
- Level: First
- Dimensions: 10.7 x 14.5
Other
- Description: En Suite to King Bedroom
- Level: Second
- Dimensions: 5 x 7.6
Other
- Description: En suite for privacy
- Level: Second
- Dimensions: 7.7 x 5
Garage
- Description: Laundry and home gym here!
- Level: First
- Dimensions: 11.5 x 13.8
Kitchen
- Description: Spacious and fully equipped
- Level: First
- Dimensions: 15.7 x 8.9
Living room
- Description: Open floor plan
- Level: First
- Dimensions: 16.75 x 10.8
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Range
Features
- Interior Steps
Interior area
- Total structure area: 1,952
- Total interior livable area: 1,952 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Covered Patio
- Has private pool: Yes
- Pool features: Gunite, Electric Heat, In Ground, Salt Water, Community, Private
- Fencing: Full,Fenced
Lot
- Size: 6,969 sqft
- Dimensions: 140 x 54 x 128 x 48
Details
- Parcel number: 292S214206000B0100
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
Condition
- New construction: No
- Year built: 2016
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, Natural Gas Available
Community & neighborhood
Security
- Security features: Security Gate, Gated Community
Community
- Community features: Pool, Gated, Short Term Rental Allowed
Location
- Region: Miramar Beach
- Subdivision: Frangista Beach
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2025 | Sold | $1,150,000-8%$589/sqft |
Source:  CPAR #778453 Report a problem | ||
| 9/29/2025 | Contingent | $1,250,000$640/sqft |
Source:  Forgotten Coast Realtor Association #323982 Report a problem | ||
| 9/29/2025 | Pending sale | $1,250,000$640/sqft |
Source:  ECAOR #984574 Report a problem | ||
| 9/2/2025 | Listed for sale | $1,250,000+20.4%$640/sqft |
Source: CPAR #778453 Report a problem | ||
| 10/11/2023 | Sold | $1,038,000-1%$532/sqft |
Source: Public Record Report a problem | ||
| 9/22/2023 | Pending sale | $1,049,000$537/sqft |
Source: ECAOR #929456 Report a problem | ||
| 8/30/2023 | Price change | $1,049,000-8.7%$537/sqft |
Source: ECAOR #929456 Report a problem | ||
| 8/8/2023 | Listed for sale | $1,149,000+152%$589/sqft |
Source: ECAOR #929456 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/4/2020 | Listing removed | $3,100$2/sqft |
Source: Owner Report a problem | ||
| 1/2/2020 | Listed for rent | $3,100$2/sqft |
Source: Owner Report a problem | ||
| 1/30/2019 | Listing removed | $3,100$2/sqft |
Source: Owner Report a problem | ||
| 12/13/2018 | Listed for rent | $3,100+3.7%$2/sqft |
Source: Owner Report a problem | ||
| 4/2/2018 | Listing removed | $2,990$2/sqft |
Source: Owner Report a problem | ||
| 3/14/2018 | Price change | $2,990-9.4%$2/sqft |
Source: Owner Report a problem | ||
| 3/3/2018 | Listed for rent | $3,300$2/sqft |
Source: Owner Report a problem | ||
| 6/22/2016 | Sold | $456,000+334.3%$234/sqft |
Source: Public Record Report a problem | ||
| 4/2/2015 | Sold | $105,000$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,109 +5% | $1,008,128 +6.1% |
| 2024 | $8,676 | $949,828 +84.6% |
| 2023 | -- | $514,424 +10% |
| 2022 | -- | $467,658 |
Find assessor info on the county website
Neighborhood: 32550
Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 7.2 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 15.9 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 11.8 mi
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- Florida
- Walton County
- Miramar Beach
- 32550
- 150 Penelope St
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