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For sale
    • Price cut: $5K (8/24)
    $1,535,000

    170 Penelope St, Miramar Beach, FL 32550

    4beds
    2,475sqft
    : 
    $8,869/mo
    Get pre-qualified
    Single Family Residence
    Built in 2018
    6,969 Square Feet Lot
    $1,474,700 Zestimate®
    $620/sqft
    $-- HOA

    What's special

    Beach accessMultiple sleeping areasSpacious floor planOpen-concept living spacesCharming coastal architectureGolf-cart-friendly streets
    150K+ IN RENTAL! WOW! Built with both guests and owners in mind, the spacious floor plan offers multiple sleeping areas, open-concept living spaces, and the features today's renters are looking for in a premium beach destination. BRING AN OFFER! Motivated! Whether you're expanding your investment portfolio or searching for a beach home that can generate income when you're away, this property checks all the boxes. One of the standout features is the backyard, which offers room for a private pool--a highly desirable amenity that could significantly enhance rental appeal and income potential. With short-term rentals permitted, investors have the opportunity to further increase the property's earning power by creating the ultimate beach retreat. Guests will love the proximity to the beach, nearby restaurants, shopping, golf, and entertainment, all accessible by foot, bike, or golf cart. Located in the highly sought-after Frangista Beach community, 170 Penelope Street offers investors the opportunity to own in one of Miramar Beach's most established and desirable vacation rental neighborhoods. Known for its beach access, charming coastal architecture, golf-cart-friendly streets, and proximity to Destin's best attractions, Frangista Beach continues to attract families and vacationers year after year. EASY SHOW! BRING AN OFFER! 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.
    109 days
    |
    654
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacklyn M Riley 703-969-0322,

    Corcoran Reverie SRB

    Source: ECAOR,MLS#: 1002642MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Primary bedroom
      • Level: First
      • Area: 210 Square Feet
      • Dimensions: 15 x 14
      Bedroom
      • Level: Second
      • Area: 156 Square Feet
      • Dimensions: 13 x 12
      Bedroom
      • Level: Second
      • Area: 154 Square Feet
      • Dimensions: 14 x 11
      Primary bathroom
      • Level: First
      • Area: 156 Square Feet
      • Dimensions: 13 x 12
      Bathroom
      • Level: Second
      • Area: 120 Square Feet
      • Dimensions: 12 x 10
      Bathroom
      • Level: Second
      • Area: 120 Square Feet
      • Dimensions: 12 x 10
      Other
      • Level: First
      • Area: 78 Square Feet
      • Dimensions: 13 x 6
      Dining room
      • Level: First
      • Area: 117 Square Feet
      • Dimensions: 13 x 9
      Garage
      • Level: First
      • Area: 260 Square Feet
      • Dimensions: 20 x 13
      Kitchen
      • Level: First
      • Area: 126 Square Feet
      • Dimensions: 14 x 9
      Living room
      • Level: First
      • Area: 204 Square Feet
      • Dimensions: 17 x 12
      Office
      • Level: First
      • Area: 156 Square Feet
      • Dimensions: 13 x 12
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Refrigerator, Electric Water Heater
      Features
      • Newly Painted
      • Doors: Storm Door(s)
      • Windows: Storm Window(s)
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,475
      • Total interior livable area: 2,475 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Garage - Attached
      • Attached garage spaces: 1
      Features
      • Stories: 2
      • Patio & porch: Patio, Porch
      Lot
      • Size: 6,969 Square Feet
      • Dimensions: 50 x 100
      • Features: Level
      Details
      • Parcel number: 292S214206000B0070
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Beach House
      • Property subtype: Single Family Residence
      Materials
      • Concrete
      • Roof: Metal
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2018

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Gated, Pool, Short Term Rental - Allowed
      • Subdivision: FRANGISTA BEACH 3rd ADDN
      HOA
      • Has HOA: Yes
      • Services included: Management, Services
      Location
      • Region: Miramar Beach

      Financial & listing details

      • Price per square foot: $620/sqft
      • Tax assessed value: $1,130,289
      • Annual tax amount: $8,414
      • Date on market: 5/8/2026

        Estimated market value

        $1,474,700

        $1.40M - $1.55M

        $5,735/mo

        Price history

        DateEventPrice
        8/24/2026Price change$1,535,000-0.3%$620/sqft
        Source: ECAOR #1002642 Report a problem
        8/14/2026Price change$1,540,000-0.6%$622/sqft
        Source: ECAOR #1002642 Report a problem
        8/12/2026Price change$1,550,000-0.6%$626/sqft
        Source: ECAOR #1002642 Report a problem
        7/31/2026Price change$1,560,000-0.6%$630/sqft
        Source: ECAOR #1002642 Report a problem
        7/29/2026Price change$1,570,000-0.3%$634/sqft
        Source: ECAOR #1002642 Report a problem
        7/23/2026Price change$1,575,000-0.3%$636/sqft
        Source: ECAOR #1002642 Report a problem
        7/21/2026Price change$1,580,000-0.6%$638/sqft
        Source: ECAOR #1002642 Report a problem
        7/8/2026Price change$1,590,000-0.6%$642/sqft
        Source: ECAOR #1002642 Report a problem
        6/25/2026Price change$1,600,000-0.5%$646/sqft
        Source: ECAOR #1002642 Report a problem
        6/19/2026Price change$1,608,000+0.1%$650/sqft
        Source: ECAOR #1002642 Report a problem
        6/8/2026Price change$1,607,000+0.1%$649/sqft
        Source: ECAOR #1002642 Report a problem
        6/1/2026Price change$1,606,000-0.1%$649/sqft
        Source: ECAOR #1002642 Report a problem
        5/28/2026Price change$1,607,0000%$649/sqft
        Source: ECAOR #1002642 Report a problem
        5/8/2026Listed for sale$1,607,500+6.1%$649/sqft
        Source: ECAOR #1002642 Report a problem
        3/1/2025Listing removed$1,515,000$612/sqft
        Source: ECAOR #960564 Report a problem
        10/6/2024Listed for sale$1,515,000+178%$612/sqft
        Source: ECAOR #960564 Report a problem
        7/25/2018Sold$545,000+361.9%$220/sqft
        Source: Public Record Report a problem
        11/18/2014Sold$118,000+47.5%$48/sqft
        Source: Public Record Report a problem
        8/15/2013Sold$80,000-52.9%$32/sqft
        Source: Public Record Report a problem
        11/13/2008Sold$170,000$69/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,415 +4.5%$753,665 +10%
        2024$8,049 +4.5%$685,150 +10%
        2023$7,701 +7.8%$622,864 +10%
        2022$7,144 +43.4%$566,240 +10%
        2021$4,983 +6.2%$514,764 +9.6%
        2020$4,690 +3.9%$469,838 +3.4%
        2019$4,514 $454,532 +302.6%
        2018$4,514 +301%$112,886 +3%
        2017$1,126 +3.6%$109,598 +9.2%
        2016$1,086 +8.2%$100,365 +1.6%
        2015$1,004 +0.1%$98,736 +26.3%
        2014$1,004 $78,200 +94.3%
        2013-- $40,250
        2012-- $40,250 +16.7%
        2011-- $34,500 -68.4%
        2010-- $109,250 -20.8%
        2009-- $138,000 -21.4%
        2008-- $175,500 +120.5%
        2007-- $79,581
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 32550

        Getting around

        34 / 100
        Car-Dependent
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Destin
        • Middle: Destin
        • High: South Walton

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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