159 Penelope St, Miramar Beach, FL, 32550

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159 Penelope St, Miramar Beach$1,399,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence

Attached Garage1 space

Year Built2016

HeatingCentral

CoolingCeiling Fan(s), Central Air

Private PoolYes

MLS #956974

Lot Size0.14 Acres

StatusActive

About 159 Penelope St

Nestled in Frangista Beach community, this luxurious 4-bedroom, 4.5-bathroom single-family home offers the perfect investment opportunity. Spanning an impressive 2,146 square feet, this fully furnished property boasts a private pool, ensuring a resort-style experience for your short-term rental guests. With all bedrooms featuring en-suite baths, your tenants will enjoy unparalleled privacy and comfort. Situated in a gated community on a quiet cul-de-sac, this home provides a secluded oasis just steps away from the pristine white sands of the beach, less than half a mile from your doorstep. Capitalize on the high demand for vacation rentals in this sought-after location and secure your investment in this turnkey, move-in ready property.

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Property Details

Property Features

Property Information:

• Architectural Style: Beach House
• Year Built: 2016
• Stories: 2
• Living Area: 2,146 SqFt

Listing Office:

• Office Name: EXP Realty LLC
• Office Email: fl.admin@exprealty.net
• Listing Agent: Cheryl A Robb

Interior Features

Interior Information:

• Appliances: Dishwasher, Microwave, Refrigerator, Ice Maker, Electric Oven
• Flooring Type: Hardwood
• Interior: Breakfast Bar, Raised Ceiling, Owners Closet, Pantry, Window Treatment(s)

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 4
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Private Pool: Yes
• Exterior: Balcony, Fenced Back Yard, Patio Covered, Pool - In-Ground, Shower

Parking Information:

• Garage Space: 1 space
• Attached Garage: Yes

Lot Features

Lot Information:

• Lot: Covenant/Restriction, Cul-De-Sac, Sidewalk
• Lot Size: 0.14 Acres

Utilities

Utilities Information:

• Heating: Central
• Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

• Directions: From HWY 98 turn South onto S. Holiday Rd. Turn left onto Scenic Gulf Dr. Turn left onto Miami St. Left onto Penelope St. House will be on your left.

Price Information

Listing Price Info

Price Summary:

• List Price: $1,399,000
• Price Per SqFt: $652/SqFt

HOA Fees:

• Amount: $425
• Frequency: Quarterly

Tax Information:

• Annual Amount: $4,164
• Tax Year: 2020

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Housing Market Comparison

See how this home compares to others in Miramar Beach, FL.

Miramar Beach, FL

City

Med. Sold Price

$751K

Med. Price/SqFt

$489

Avg. Days On Market

101

# of Sold Homes

32

159 Penelope St vs Miramar Beach

95 DAYS ON ROCKET

-6 Days

$1,399,000

+$648K More

$652/SqFt

+$163 More

KEY TAKEAWAY

This property is $648K more than the Median Sold Price and $163/SqFt more than other homes in Miramar Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Emerald Coast Association of REALTORS®
• MLS Number: #956974

Listing Office:

• Office Name: EXP Realty LLC
• Office Email: fl.admin@exprealty.net
• Listing Agent: Cheryl A Robb

Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 4:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Sep 14, 2021	Sep 14, 2021Home Sold	$1,010,000
Mar 05, 2019	Mar 05, 2019Home Sold	$595,000
Aug 24, 2016	Aug 24, 2016Home Sold	$454,000
Apr 02, 2015	Apr 02, 2015Home Sold	$105,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$4,164	$417,086
2019	$3,422	$381,940
2017	$3,117	$351,616

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Walton County›Miramar Beach›32550›159 Penelope St

This home is located at 159 Penelope St in Miramar Beach, FL and zip code 32550. This 2,146 square foot home, which was built in 2016, sits on a 0.14 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $1,399,000.

While more than 0 listings in Miramar Beach, FL in October 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 23 were sold below. The number of homes for sale in Miramar Beach, FL increased by 6.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $751,000, while the average time on the real estate market was 101 days.

From Rocket Homes Real Estate and based on county public records data.