1 year on rocket

LOT1 Penelope St, Miramar Beach, FL, 32550

$1,950,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Full Baths
3,583 SqFt
$544/SqFt
House

Location

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LOT1 Penelope St, Miramar Beach$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2023
Private PoolYes
MLS #930247
Lot Size0.40 Acres
StatusActive

About LOT1 Penelope St

This marvelous abode, another remarkable creation by the Boswell family, exudes an undeniable sense of elegance and boasts unparalleled attention to detail. Emanating a coastal contemporary charm, the residence occupies a prime location within the gated enclave of Frangista Beach. The tasteful integration of quartz countertops throughout the home showcases a seamless blend of style and functionality. Furthermore, the luxury vinyl floors not only lend a touch of sophistication to the space, but also ensure durability and ease of maintenance. Enhancing the comfort and convenience of the dwelling, tankless hot water heaters have been thoughtfully installed, providing an endless supply of temperature-regulated water. In addition to its remarkable interior, the property encompasses a private pool, offering a serene oasis to unwind and relax amidst the warm coastal breezes that grace the Frangista Beach community. Impeccably designed for both leisure and luxury, this residence presents an unrivaled opportunity for those seeking a magnificent secondary home or a remarkable vacation rental property. Whether seeking respite from the bustling metropolis or an indulgent vacation escape, this truly breathtaking property epitomizes coastal living at its finest. Do not miss the chance to call this remarkable Frangista Beach residence your own. Contact us today to schedule a private viewing and experience the epitome of refined coastal living.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2023
  • Stories: 3
  • Living Area: 3,583 SqFt

Listing Office:

  • Office Name: The Premier Property Group
  • Office Phone: (850) 337-1555
  • Listing Agent: Elizabeth Boswell, Jared Boswell

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Ice Maker, Gas Oven
  • Flooring Type: Vinyl
  • Interior: Ceiling Crown Molding, Kitchen Island, Recessed Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Balcony, Columns, Pool - Heated

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.40 Acres

Other

Directions Information:

  • Directions: Take Scenic Hwy 98 to Miami Street through the gate of Frangista Beach, Take a Left on Penelope Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $544/SqFt

HOA Fees:

  • Amount: $425
  • Frequency: Quarterly
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Housing Market Comparison

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

Med. Sold Price

$751K

Med. Price/SqFt

$489

Avg. Days On Market

101

# of Sold Homes

32

LOT1 Penelope St vs Miramar Beach

462 DAYS ON ROCKET

+361 Days

$1,950,000

+$1.1M More

$544/SqFt

+$55 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $55/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: #930247

Listing Office:

  • Office Name: The Premier Property Group
  • Office Phone: (850) 337-1555
  • Listing Agent: Elizabeth Boswell, Jared Boswell

IDX 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: 11/22/2024, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-807109
7
/10
  • Destin Elementary School

  • 630 Kelly St

  • 6.87 miles

  • Public District Grades PK-4

school-card-donut-807110
8
/10
  • Van R. Butler Elementary School

  • 6694 W County Highway 30A

  • 7.12 miles

  • Public District Grades KG-5

school-card-donut-807111
10
/10
  • Bluewater Elementary School

  • 4545 Range Rd

  • 7.98 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,250. The most common annual income of people living in Miramar Beach, FL is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About LOT1 Penelope St

What is the listing price of this property?

The listing price of LOT1 Penelope St property is $1,950,000.

What type of property is this?

The property LOT1 Penelope St is a house located in Miramar Beach, Florida, 32550.

Is this property for sale now?

Active Listing: LOT1 Penelope St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at LOT1 Penelope St has 7 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property LOT1 Penelope St is 3,583 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for LOT1 Penelope St is 2023.

Rocket HomesFloridaWalton CountyMiramar Beach32550LOT1 Penelope St

This home is located at LOT1 Penelope St in Miramar Beach, FL and zip code 32550. This 3,583 square foot home, which was built in 2023, sits on a 0.40 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 18, 2023 and is currently priced at $1,950,000.

Miramar Beach, FL housing market in October 2024 saw over 0 listings sold above listed price, more than 9 sold at listed price and over 23 sold below. In October 2024 in Miramar Beach, FL there were 6.7% more homes for sale than in September 2024. While the average time on the market in October 2024 was 101 days, the median list price was $751,000.

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

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