170 Penelope Street, Miramar Beach, FL 32550

bedrooms 4
bathrooms 4
|Other
NZD $2,575,196
USD $1,450,000
Published on: 09 May 2026
Last updated on: 01 Nov 2026
170 Penelope Street, Miramar Beach, FL 32550
170 Penelope Street, Miramar Beach, FL 32550
170 Penelope Street, Miramar Beach, FL 32550
+38
170 Penelope Street, Miramar Beach, FL 32550
  • 38
Property ID: 110107881291
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Residential, Miramar Beach, FL

170 Penelope Street, Miramar Beach, FL 32550
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.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
647.50 m2
Building Size
229.94 m2
Year Built
2018
Rooms
4 bedroom(s), 4 bathroom(s)
Architecture Style
Other
Num Floors
2
County
Walton
Parcel ID
29-2S-21-42060-00B-0070
Provider
Emerald Coast Association of Realtors
Subdivision
FRANGISTA BEACH 3rd ADDN
Brokerage Office Name
Hilary & Reverie
Brokerage Office Phone
(850) 231-2850
Neighbourhoods
FRANGISTA BEACH 3rd ADDN
Address
170 Penelope Street, Miramar Beach, FL 32550

Nearby Schools

TypeSchool nameDistrict name
HighSouth WaltonNot available
ElementaryDestinNot available
MiddleDestinNot available
JuniorhighDestinNot available

Tax History

YearTax amount
2025USD $8415NZD $14,945*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.

Contact Agent
Jacklyn M Riley
Corcoran Reverie SRB
5410 E Cnty Hwy 30A #103 , Santa Rosa Beach, FL 32459
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Jacklyn M Riley
5410 E Cnty Hwy 30A #103 , Santa Rosa Beach, FL 32459
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      Property ID: 110107881291

      Original Property ID: 3yd-ECARMLSFL-1002642
      Data provided by Emerald Coast Association of Realtors, MLS #: 1002642
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