$2,312,000
$2,400,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
57 Penelope Street Miramar Beach, FL 32550
8 Beds
8 Baths
3,707 SqFt
Key Details
Sold Price $2,312,000
Property Type Single Family Home
Sub Type Beach House
Listing Status Sold
Purchase Type For Sale
Square Footage 3,707 sqft
Price per Sqft $623
Subdivision Frangista Beach 2Nd Addn
MLS Listing ID 967315
Sold Date 03/11/25
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 Sub-Type Beach House
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
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Bought with Gulf Realty 30A LLC