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.
Listed By
Agency Name: Corcoran Reverie SRB
Shown By
Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351
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170 Penelope Street | MLS# 1002642
This single family home located at 170 Penelope Street, Miramar Beach, FL 32550 is currently listed for sale with an asking price of $1,600,000. This property was built in 2018 and has 4 bedrooms and 4 full baths with 2475 sq. ft. Penelope Street is located in the FRANGISTA BEACH 3rd ADDN subdivision. Search FRANGISTA BEACH 3rd ADDN real estate on www.beachybeach.com today.