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170 Penelope Street, Miramar Beach, FL 32550
- 4 Beds
- 4 Baths
- 2,475 Sq Ft
- 2018 Built
- MLS 1002642
About this home
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 details
Interior
Exterior & lot
Schools
Community
Data source: Emerald Coast Association of REALTORS®
Location
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Team Turner (Counts Real Estate Group) can set up a private showing or send you full details.
Request a showingClosest public beach access:
This is general information to help you plan, not legal advice about any specific property. Beach access in Walton County is set parcel by parcel and can change. Confirm where you can go with the county property appraiser and access map, and with your rental manager, before heading out.
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Counts Real Estate Group
Courtesy of Corcoran Reverie SRB · Jacklyn M Riley · hilary.ff@corcorangroup.com
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Listing data last updated 2026-08-23 23:31:19.