About 150 Penelope Street
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSINVESTORS, 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
Features of 150 Penelope Street
| MLS® # | 984574 |
|---|---|
| Price | $1,250,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 1,952 |
| Year Built | 2016 |
| Type | Residential |
| Sub-Type | Detached Single Family |
| Style | Beach House |
| Status | Pending |
Community Information
| Address | 150 Penelope Street |
|---|---|
| Area | Miramar/Sandestin Resort |
| Subdivision | FRANGISTA BEACH |
| City | Miramar Beach |
| County | Walton |
| State | FL |
| Zip Code | 32550 |
Amenities
| Utilities | Electric, Public Sewer, Public Water |
|---|---|
| Parking Spaces | 1 |
| Parking | Garage |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Private |
Interior
| Interior Features | Furnished - All, Kitchen Island, Pantry, Window Treatment All |
|---|---|
| Appliances | Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Stove/Oven Electric, Washer |
| Heating | Heat Cntrl Electric |
| Cooling | AC - Central Elect, Ceiling Fans |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Roof Metal, Slab |
|---|---|
| Exterior Features | Deck Covered, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground |
| Roof | Roof Metal |
| Foundation | Slab |
School Information
| Elementary | Van R Butler |
|---|---|
| Middle | Emerald Coast |
| High | South Walton |
Additional Information
| Days on Website | 39 |
|---|---|
| Zoning | Resid Single Family |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 450.00 |
| HOA Fees Freq. | Quarterly |