Ad #7691785
MLS #1002642
150K+ IN RENTAL! WOW! Built with both guests and owners in mind
170 Penelope St, Miramar, FL 32550
$1,590,000
4Beds
4Baths
2,475Sqft
0.16Acres
About this property
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.
Property Features
4 Beds
4 Baths
2,475 Sqft
Built in 2018
0.16 Acres
2 Stories
Siding: Concrete
Central
$8,415 / yr property tax
Walton County
FRANGISTA BEACH 3rd ADDN Community
Additional Photos
Contact Information
Jacklyn M Riley
Hilary & Reverie
703-969-0322
Location
Listing Agent: Jacklyn M Riley (License #: 3471740) 703-969-0322
Broker: Hilary & Reverie 850-231-2850 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Hilary & Reverie 850-231-2850 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$1,590,000
4
Beds
4
Baths
2,475
Sqft
170 Penelope St, Miramar, FL 32550
By contacting this agent you agree to these Terms and Conditions.
MLS# 1002642
150K+ IN RENTAL! WOW! Built with both guests and owners in mind
$1,590,000
170 Penelope St, Miramar, FL 32550
4
Beds
4
Baths
2,475
Sqft
0.16
Acres
$1,590,000
170 Penelope St, Miramar, FL 32550
4 Beds
4 Baths
2,475 Sqft
0.16 Acres
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.
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Property Details
HOME DETAILS
4 Beds
4 Baths
2,475 Sqft
Built in 2018
0.16 Acres
2 Stories
EXTERIOR
Siding: Concrete
INTERIOR
Central
FINANCIAL & COMMUNITY
$8,415 / yr property tax
Walton County
FRANGISTA BEACH 3rd ADDN Community
See More Details
Location
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Ad Statistics
Ad Number
7691785
Viewed
114 times
Listing Status
Active
Added
May 08, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Emerald Coast Association of Realtors
Source Property ID
1002642
Listing Agent: Jacklyn M Riley (License #: 3471740) 703-969-0322
Broker: Hilary & Reverie 850-231-2850 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Hilary & Reverie 850-231-2850 Listing Site
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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