57 Penelope Street new Save Request In-Person Tour Request Virtual Tour
Miramar Beach,FL 32550
Key Details
Property Type Single Family Home
Sub Type Beach House
Listing Status Active
Purchase Type For Sale
Square Footage 3,707 sqft
Price per Sqft $647
Subdivision Frangista Beach 2Nd Addn
MLS Listing ID 967315
Bedrooms 8
Full Baths 7
Half Baths 1
Construction Status Construction Complete
HOA Fees $141/qua
HOA Y/N Yes
Year Built 2022
Annual Tax Amount $17,129
Tax Year 2024
Property Description
Welcome to Funky Flamingo located at 57 Penelope Street in Miramar Beach, Florida. This custom-built beachside mansion is located 0.4mi away from a community beach access and grossed over $200,000 in short term rental revenue in 2024 and has projections of $224,000 for 2025 from the current manager. Funky Flamingo boasts 8 bedrooms, 7.5 bathrooms, and over 3,700 heated & cooled square feet. This custom-built masterpiece has unique and exceptional outdoor spaces that set it apart from other vacation rental-style properties in the area: Funky Flamingo has a covered, screened-in outdoor patio & entertainment space complete with a stainless steel gas kitchen and a covered, outdoor living room furnished with a television plus seating for 14 people.
Location
State FL
County Walton
Area 15 - Miramar/Sandestin Resort
Zoning Resid Single Family
Rooms
Guest Accommodations Short Term Rental - Allowed
Interior
Interior Features Ceiling Raised,Floor Vinyl,Furnished - All,Lighting Recessed
Appliance Dishwasher,Dryer,Freezer,Ice Machine,Microwave,Refrigerator,Stove/Oven Electric
Exterior
Exterior Feature Balcony,BBQ Pit/Grill,Deck Covered,Deck Enclosed,Fenced Back Yard,Fenced Privacy,Patio Enclosed,Pool - Heated,Pool - In-Ground,Summer Kitchen
Pool Private
Community Features Short Term Rental - Allowed
Utilities Available Electric,Gas - Natural,Phone,Public Sewer,Public Water,TV Cable
Private Pool Yes
Building
Lot Description Within 1/2 Mile to Water
Story 3.0
Structure Type Frame,Roof Metal,Siding CmntFbrHrdBrd
Construction Status Construction Complete
Schools
Elementary Schools Destin
Others
HOA Fee Include Accounting,Electricity,Ground Keeping,Management
Assessment Amount $423
Energy Description AC - 2 or More,Storm Doors,Storm Windows,Water Heater - Gas,Water Heater - Tnkls,Water Heater - Two +
Financing Conventional,Other