$1,250,000
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4 Beds
4 Baths
1,952 SqFt
SOLD DATE : 10/27/2025
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,952 sqft
Price per Sqft $589
Subdivision Frangista Beach
MLS Listing ID 984574
Sold Date 10/27/25
Style Beach House
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N Yes
Year Built 2016
Lot Dimensions 140 X 54 X 128 X 48
Property Sub-Type Detached Single Family
Source Emerald Coast Association of REALTORS®
Land Area 1952
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS
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 2023
WATER HEATER: 2017
ROOF: Metal 2017, with build of house
POOL: Brand new spring 2024, gunite, heat pump, salt water, new landscaping, patio and light package
Location
State FL
County Walton
Area 15 - Miramar/Sandestin Resort
Zoning Resid Single Family
Direction From Scenic Gulf Drive, turn north on Miami Street and take the 5th left onto Penelope Street. 150 Penelope is close to the cul-de-sac on the right.
Rooms
Primary Bedroom Level Upper
Master Bedroom true
Dining Room true
Kitchen true
Interior
Interior Features Kitchen Island, Pantry
Heating Central
Cooling Ceiling Fans, Central Air
Furnishings Furnished - All
Window Features Window Treatment All
Appliance Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Stove/Oven Electric, Washer
Exterior
Exterior Feature Pool - Gunite Concrt, In-Ground Pool, Heated Pool, Gunite Pool, Covered Deck
Parking Features Garage
Garage Spaces 1.0
Pool Pool - Heated, Pool - In-Ground, Pool Type
Utilities Available Electric, Public Water
Roof Type Metal
Porch Deck Covered
Road Frontage City Street
Garage Yes
Building
Faces From Scenic Gulf Drive, turn north on Miami Street and take the 5th left onto Penelope Street. 150 Penelope is close to the cul-de-sac on the right.
Story 2
Foundation Slab
Sewer Public Sewer
Architectural Style Beach House
New Construction No
Schools
Elementary Schools Van R Butler
Middle Schools Emerald Coast
High Schools South Walton
Others
Pets Allowed No
HOA Fee Include Security
Tax ID 29-2S-21-42060-00B-0100
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