$1,250,000
For Sale

150 Penelope Street

Miramar Beach, FL 32550
1952 sqft | 4 beds | 3.5 baths | 0.16 acres | #778453
Browse 42 photos
Type:Purchase
Structure:House
Zone:Residential

Description

INVESTORS, TAKE NOTE: 100% bonus depreciation eligible with a cost segregation study! Consult your CPA for details and requirements. This is a PROVEN INCOME-PRODUCING PROPERTY WHY YOU WILL LOVE 150 PENELOPE STREET:--Prime Location - 8 minute walk from the beach in a gated community with access to both a private and community pool!--Located in gated Villas of Frangista community--Quiet cul-de-sac location with strong curb appeal--Fully furnished, turnkey, and rental ready!--NO HOA rental restrictions!--Resort-Style Pool - Dive into the west-facing 20'x28' backyard pool and surrounding oasis, perfect for lounging and entertaining.--Home Gym - Stay on track with a fully equipped workout space in the garage.--Private Viewing Experience - Each full-size bunk bed features a personal TV & Bluetooth headphones for ultimate relaxation.--Spacious Open Concept - The open kitchen, dining, & living area provide the perfect space for gathering.--Outdoor Living - Enjoy a poolside BBQ and outdoor fridge with ample patio seating & cushioned lounge chairs.FIRST FLOOR:--Bunk Room - Cozy full-sized bunks!--Half Bath - Conveniently located off the main hall. --Kitchen, Dining & Living Area - Perfect for hosting family & friends.--Expansive Patio & Pool Views - A seamless indoor-outdoor experience.SECOND FLOOR:--King Suite - Spacious retreat with a private en suite bath.--Double Queen Suite - Two plush queen beds with a private ensuite bath.--Grand King Suite - Featuring a walk-in tiled shower, private balcony, & twin daybed.HVAC: 1 unit 2017, 1 unit Oct 2023WATER HEATER: 2017ROOF: Metal 2017, with build of housePOOL: Brand new spring 2024, gunite, heat pump, salt water, new landscaping, patio and light package

  • Property Details
      • Pool FeaturesGunite, Electric Heat, In Ground, Pool, Private, Salt Water, Community
      • InteriorInterior Steps, Kitchen Island, Pantry, Window Treatments
      • Utility FeaturesNatural Gas Available
      • SubdivisionFrangista Beach
      • Exterior MaterialsCovered Patio
      • Sewer InformationPublic Sewer
      • Short SaleListed As Is
      • Original List Price$1,250,000
      • Property TypePurchase
      • Property SubtypeDetached
      • StyleCoastal
      • Cost1250000
      • CountyWalton
      • MLS #778453
      • MLS #778453
      • Acres0.16
      • Square Feet1952
      • Year Built2016
      • FoundationSlab
      • Bathrooms3.5
      • Days on Market (Cumulative)15
      • Bedrooms4
      • Full Baths3
      • Half Baths1
      • Stories2
      • Pool1
      • Parking Spaces1

Location

Central Bay Realty and Property ManagementReal Estate Group
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