170 Penelope Street, Miramar Beach, FL 32550
Local realty services provided by:CENTURY 21 Ryan Realty
170 Penelope Street,Miramar Beach, FL 32550
$1,500,000
- 4 Beds
- 4 Baths
- 2,475 sq. ft.
- Single family
- Active
Listed by: jacklyn m riley
Office: corcoran reverie srb
MLS#:1002642
Source:FL_ECAR
Price summary
- Price:$1,500,000
- Price per sq. ft.:$606.06
About this home
MEET PENELOPE! Where Beach Days Become Family Traditions
There are beach houses you visit--and then there are beach houses that become part of your family's story.
Tucked within the highly sought-after Frangista Beach community of Miramar Beach, 170 Penelope Street offers the rare opportunity to own a home where the best of the Emerald Coast is remarkably close, yet everyday life still feels private and relaxed. Just imagine mornings beginning with coffee on the coast, afternoons spent at the beach, and evenings gathered around the table with the people you love most.
Designed with both owners and guests in mind, this spacious four-bedroom home offers an inviting open-concept layout with multiple sleeping areas, generous gathering spaces, and the flexibility today's beach buyers are looking for. Whether you're creating your family's own coastal retreat, hosting extended family and friends, or looking for a property that can generate meaningful rental income when you're away, the home adapts beautifully to the way you want to enjoy the beach.
*Willing to provide a pool credit!* And then there's the backyard.
With room for a private pool, the property offers an exciting opportunity to create an even more elevated outdoor retreat--and potentially make an already compelling vacation property even more desirable to future guests.
Frangista Beach is the kind of location buyers search for when they want to experience Miramar Beach without sacrificing convenience. The beach, restaurants, shopping, golf and entertainment are all close by, with the area being particularly well suited to walking, biking and golf-cart living.
For those looking at the property through an investment lens, the opportunity becomes even more compelling. Short-term rentals are permitted, and the home has demonstrated strong rental performance, making it possible to enjoy the property personally while allowing it to work for you when you're away.
But the numbers are only part of the story.
The real value is owning a place where your children can grow up knowing exactly which beach access to take, where extended family can gather for another summer together, and where a week at the beach can eventually become a lifetime of memories.
170 Penelope Street isn't simply an investment in Miramar Beach. It's an opportunity to own the place where the memories happen.
Bring your offer and come see why this Frangista Beach retreat deserves a closer look....
Contact an agent
Home facts
- Year built:2018
- Subdivision & Development:FRANGISTA BEACH 3rd ADDN
- Listing ID #:1002642
- Added:170 day(s) ago
- Updated:October 26, 2026 at 08:23 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:12
- Kitchen Description:Dishwasher, Refrigerator, Stove/Oven Electric
- Living area:2,475 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:2018
- Building area:2,475 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Level
- Architectural Style:Beach House
Schools
- High school:South Walton
- Middle school:Destin
- Elementary school:Destin
Utilities
- Water:Public Water
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$606.06
- Tax amount:$8,415 (2025)
Features and amenities
- Appliances:Dishwasher, Refrigerator, Stove/Oven Electric
Parking
- Garage:Yes
- Garage spaces:1
New listings near 170 Penelope Street
- New
$600,000Active3 beds 2 baths1,060 sq. ft.421 Maravilla Drive # 4402, Miramar Beach, FL 32550
MLS# 1014249Listed by: THE PREMIER PROPERTY GROUP - New
$925,000Active3 beds 3 baths1,995 sq. ft.973 Northshore Drive, Miramar Beach, FL 32550
MLS# 1014246Listed by: COLDWELL BANKER REALTY
$300,000Pending1 beds 2 baths821 sq. ft.9815 Us-98 #208, Miramar Beach, FL 32550
MLS# 1014240Listed by: DALTON WADE INC- New
$414,900Active1 beds 1 baths771 sq. ft.48 Stewart Lake Cove #UNIT 194, Miramar Beach, FL 32550
MLS# 1014237Listed by: COMPASS - New
$2,299,000Active5 beds 5 baths3,489 sq. ft.20 S St Francis Drive, Miramar Beach, FL 32550
MLS# 1014161Listed by: COLDWELL BANKER REALTY - New
$795,250Active3 beds 3 baths1,570 sq. ft.9000 E Heron Walk Drive #5304, Miramar Beach, FL 32550
MLS# 1014211Listed by: THE AGENCY NORTHWEST FLORIDA BEACHES - New
$1,249,000Active3 beds 3 baths1,685 sq. ft.5002 S Sandestin Boulevard #7126/ 7128, Miramar Beach, FL 32550
MLS# 1014146Listed by: THE AGENCY NORTHWEST FLORIDA BEACHES - New
$525,900Active4 beds 2 baths1,640 sq. ft.64 Shore Drive, Miramar Beach, FL 32550
MLS# 1014099Listed by: BAY LIVING INC - New
$915,000Active5 beds 4 baths2,610 sq. ft.257 Driftwood Road #10, Miramar Beach, FL 32550
MLS# 1014074Listed by: EXP REALTY LLC - New
$665,000Active3 beds 3 baths1,578 sq. ft.84 Batchelors Button Drive # 6, Miramar Beach, FL 32550
MLS# 1014042Listed by: DESTIN LUXURY REAL ESTATE AND RENTAL