FL > Miramar Beach > Frangista Beach 2Nd Addn
Miramar Beach, FL 32550,57 Penelope Street
Miramar Beach, FL 32550,57 Penelope Street
Miramar Beach, FL 32550,57 Penelope Street
Miramar Beach, FL 32550,57 Penelope Street
Miramar Beach, FL 32550,57 Penelope Street
Miramar Beach, FL 32550,57 Penelope Street
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Andrew Turner

Andrew Turner

+1(850) 339-1715
$ 2,400,000
Est. payment | /mo

8 Beds

8 Baths

3,707 SqFt

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$ 2,400,000
Est. payment | /mo
Save Virtual Tour

8 Beds

8 Baths

3,707 SqFt

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 $423/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

Listed by Compass
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(850) 339-1715

andrewturnerrealtor@gmail.com

755b Grand Blvd 105286, Miramar Beach, Florida, 32550, USA

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57 Penelope Street