NOT LISTED FOR SALE

2 Penelope St Miramar Beach, FL 32550

8 Beds
8.5 Baths
3,398 Sq Ft
4,792 Sq Ft Lot

Last Sold October 18, 2021

Last sale price $1,635,000 $481 Per Sq Ft

Highlights

  • Beach
  • Deeded access to the beach
  • Gated Community
  • Van R. Butler Elementary School Rated A-
  • Heated In Ground Pool
  • Beach House

About This Home

As of October 2021

BRAND NEW beach home in the coveted Frangista Beach community. The spacious home with master on main features 8 bedrooms/8 full baths, with a half bath on the 2nd out of 3 floors. Home is being developed to be a rental machine with $175k of projected income. Will feature a large private heated swimming pool, deeded beach access, 2 separate living rooms, and each of the 8 bedrooms have their own ensuite bathroom. Estimated completion by end of Summer 2021. **Photos provided are similar but do not reflect actual images of this home**.

Last Agent to Sell the Property

John Martin Group

Berkshire Hathaway HomeServices PenFed Realty Listed on: 08/25/2021

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Nate Kelly

Berkshire Hathaway HomeServices PenFed Realty License #3489332

Last Buyer's Agent

Cheryl St Pe

Coldwell Banker Jme Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $142 Monthly HOA Fees

Parking

  • 5 Car Garage

Home Design

  • Beach House
  • Frame Construction
  • Metal Roof
  • Shake Siding
  • Cement Board or Planked

Interior Spaces

  • 3,398 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Den
  • Vinyl Flooring
  • Pull Down Stairs to Attic
  • Fire Sprinkler System

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch

Schools

  • Destin Elementary And Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32-2S-21-42050-00F-0020

Community Details

Overview

  • Association fees include accounting, legal, recreational faclty, trash
  • Frangista Beach 2Nd Addn Subdivision

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community
  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$938

Year Built

Built in 2021 | Under Construction

Lot Details

4,792 Sq Ft Lot

HOA Fees

$142 per month

Parking

5

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50x100
  • Road Surface Type: Paved
  • Co List Office Mls Id: EPNF
  • Co List Office Phone: 850-267-0013
  • Subdivision Name: FRANGISTA BEACH 2ND ADDN
  • Directions: From Highway 98 in Miramar Beach, turn south onto S. Holiday Road until it dead ends and turn left onto Scenic Gulf Drive. Then turn left onto Miami Street. Continue straight to find Penelope St on the left. Second house on the right.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2021
  • Remarks Misc:Remarks: BRAND NEW beach home in the coveted Frangista Beach community. The spacious home with master on main features 8 bedrooms/8 full baths, with a half bath on the 2nd out of 3 floors. Home is being developed to be a rental machine with $175k of projected income. Will feature a large private heated swimming pool, deeded beach access, 2 separate living rooms, and each of the 8 bedrooms have their own ensuite bathroom. Estimated completion by end of Summer 2021. **Photos provided are similar but do not reflect actual images of this home**.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Den: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Range Hood, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Interior Amenities: Breakfast Bar, Floor Vinyl, Kitchen Island, Pantry, Pull Down Stairs
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Pull Down Stairs: Yes
  • Appliances:Range Hood: Yes
  • Interior:Kitchen Island: Yes

Exterior Features

  • Lot Features: Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Frame, Roof Metal, Siding CmntFbrHrdBrd, Shake Siding, Slab
  • Exterior Features: Balcony, Fenced Back Yard, Fenced Lot-All, Patio Covered, Pool - Heated, Pool - In-Ground, Sprinkler System
  • Property Condition: Under Construction
  • Lot Features:Within 12 Mile to Water: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Survey Available: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Siding Shake: Yes
  • Construction Status:Under Construction: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Fenced Lot-All: Yes

Garage/Parking

  • Garage Spaces: 5.0
  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Gated Community, Pool
  • Association #2 Fee: 425.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Legal, Recreational Faclty, Trash

Schools

  • Elementary School: Destin
  • High School: South Walton
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 32-2S-21-42050-00F-0020
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 938.41
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2021 10/18/21 Sold $1,635,000 0.0% $481 / Sq Ft
08/25/2021 08/25/21 For Sale $1,635,000 -- $481 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
Source: Emerald Coast Association of REALTORS®

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 868692

Emerald Coast Association of REALTORS®
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