170 Penelope St Miramar Beach, FL 32550
Miramar Beach AreaEstimated payment $9,103/month
Total Views
28,857
4
Beds
4
Baths
2,475
Sq Ft
$618
Price per Sq Ft
Highlights
- Primary Bedroom Suite
- Gated Community
- Beach House
- Van R. Butler Elementary School Rated A-
- Newly Painted Property
- Community Pool
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. 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,415
Year Built
- Built in 2018
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50x100
- Level Lot
Parking
- 1 Car Attached Garage
Home Design
- Beach House
- Newly Painted Property
Interior Spaces
- 2,475 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Room
- Home Office
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- 4 Full Bathrooms
Home Security
- Storm Windows
- Storm Doors
Outdoor Features
- Covered Patio or Porch
Schools
- Destin Elementary And Middle School
- South Walton High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 29-2S-21-42060-00B-0070
Community Details
Overview
- Property has a Home Owners Association
- Association fees include management, services
- Frangista Beach 3Rd Addn Subdivision
Recreation
- Community Pool
Security
- Gated Community
Matterport 3D Tour
Floorplans
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $630 | $12,380 | ||
| 2024 | $486 | $9,620 | ||
| 2023 | $491 | $13,310 | $940 | $12,370 |
| 2022 | $437 | $8,640 | $330 | $8,310 |
| 2021 | $451 | $8,892 | $340 | $8,552 |
| 2020 | $337 | $8,240 | $340 | $7,900 |
| 2019 | $288 | $6,563 | $255 | $6,308 |
| 2018 | $239 | $5,175 | $256 | $4,919 |
| 2017 | $242 | $5,175 | $256 | $4,919 |
| 2016 | $244 | $5,299 | $283 | $5,016 |
| 2015 | $243 | $5,299 | $283 | $5,016 |
| 2014 | $233 | $5,068 | $283 | $4,785 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2026 08/26/26 | Price Changed | $1,530,000 | -0.3% | $618 / Sq Ft |
| 08/24/2026 08/24/26 | Price Changed | $1,535,000 | -0.3% | $620 / Sq Ft |
| 08/14/2026 08/14/26 | Price Changed | $1,540,000 | -0.6% | $622 / Sq Ft |
| 08/12/2026 08/12/26 | Price Changed | $1,550,000 | -0.6% | $626 / Sq Ft |
| 07/31/2026 07/31/26 | Price Changed | $1,560,000 | -0.6% | $630 / Sq Ft |
| 07/29/2026 07/29/26 | Price Changed | $1,570,000 | -0.3% | $634 / Sq Ft |
| 07/23/2026 07/23/26 | Price Changed | $1,575,000 | -0.3% | $636 / Sq Ft |
| 07/21/2026 07/21/26 | Price Changed | $1,580,000 | -0.6% | $638 / Sq Ft |
| 07/08/2026 07/08/26 | Price Changed | $1,590,000 | -0.6% | $642 / Sq Ft |
| 06/25/2026 06/25/26 | Price Changed | $1,600,000 | -0.5% | $646 / Sq Ft |
| 06/19/2026 06/19/26 | Price Changed | $1,608,000 | +0.1% | $650 / Sq Ft |
| 06/08/2026 06/08/26 | Price Changed | $1,607,000 | +0.1% | $649 / Sq Ft |
| 06/01/2026 06/01/26 | Price Changed | $1,606,000 | -0.1% | $649 / Sq Ft |
| 05/28/2026 05/28/26 | Price Changed | $1,607,000 | 0.0% | $649 / Sq Ft |
| 05/08/2026 05/08/26 | For Sale | $1,607,500 | -- | $649 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $545,000 | Attorney | |
| Warranty Deed | $118,000 | None Available | |
| Warranty Deed | $80,000 | Mcneese Title Llc | |
| Quit Claim Deed | $34,500 | None Available | |
| Special Warranty Deed | $170,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $430,000 | New Conventional | |
| Closed | $436,000 | New Conventional | |
| Previous Owner | -- | Unknown | |
| Previous Owner | $1,460,000 | Construction |
Source: Public Records
About the Listing Agent
Jacklyn Riley is an Emerald Coast real estate advisor with Corcoran Reverie, specializing in investment properties, vacation homes, military relocation, new construction, and coastal real estate throughout Miramar Beach, Santa Rosa Beach, Destin, Sandestin, 30A, Fort Walton Beach, and the surrounding Northwest Florida communities.
A former U.S. Army Medical Service Officer and elementary school teacher, Jacklyn brings a unique combination of discipline, patience, communication, and
Jacklyn's Other Listings
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- 2 Beds
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Source: Emerald Coast Association of REALTORS®
MLS Number: 1002642
APN: 29-2S-21-42060-00B-0070
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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