NOT LISTED FOR SALE

38 Penelope St Miramar Beach, FL 32550

Estimated Value: $2,197,885 - $2,323,000

7 Beds
4.5 Baths
3,583 Sq Ft
$638/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2026

Last sale price $2,324,900 $649 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $13,212 / mo

8 Days on Market

Highlights

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

About This Home

As of February 2026

Added for Comp Purposes Only

Last Agent to Sell the Property

Elizabeth Boswell

The Premier Property Group License #3308737 Listed on: 11/18/2025

Last Buyer's Agent

Kyle Hock

RealJoy Realty LLC License #3411723

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • Lot Dimensions are 50x100
  • Property is Fully Fenced
  • Privacy Fence
  • Sprinkler System

HOA Fees

  • $142 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 3,583 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Home Security System

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Heated In Ground Pool
  • Deeded access to the beach
  • Balcony

Schools

  • Van R Butler Elementary School
  • Destin Middle School
  • Destin High School

Utilities

  • Multiple cooling system units
  • Water Tap Fee Is Paid
  • Tankless Water Heater
  • Multiple Water Heaters
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 322s214205000f0040

Community Details

Overview

  • 2Nd Add Frangista Beach Subdivision

Recreation

  • Community Pool
  • Fishing

Additional Features

  • Picnic Area
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0 Sq Ft Lot

HOA Fees

$142 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50X100
  • Subdivision Name: 2nd Add Frangista Beach
  • Directions: From Scenic Hwy 98 heading East take Miami street to the gate at Frangista Beach, Penelope Street is the first street on the left.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2023
  • Remarks Misc:Remarks: Added for Comp Purposes Only
  • Utilities Electric: Yes
  • Appliances Refrigerators: Yes
  • Rooms:Living Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Water Heater - Two: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Freezer, Microwave, Range Hood, Refrigerator, Security System, Stove/Oven Gas, Water Heater - Tnkls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Interior Amenities: Kitchen Island
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Freezer: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes

Exterior Features

  • Fencing: Fenced Lot-All, Fenced Privacy
  • Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
  • Construction Type: Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Fenced Lot-All: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fans
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Phone, Tap Fee Paid, TV Cable
  • Utility: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Van R Butler
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 322s214205000f0040
  • Zoning: Resid Single Family

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2025
Closed on
Feb 13, 2026
Sold by
Bought by
Seller's Agent
Elizabeth Boswell
The Premier Property Group
Buyer's Agent
Kyle Hock
RealJoy Realty LLC
List Price
$2,324,900
Sold Price
$2,324,900
Views
2
Current Estimated Value
$2,251,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,273
Avg. Annual Appreciation
-3.96%
Original Mortgage
$1,859,920
Interest Rate
0.0616%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2023
Closed on
Aug 18, 2023
Sold by
Bought by
Seller's Agent
Jared Boswell
The Premier Property Group
Buyer's Agent
Elizabeth Boswell
The Premier Property Group
List Price
$2,250,000
Sold Price
$2,380,000
Premium/Discount to List
$130,000
5.78%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.94%
Original Mortgage
$1,904,000
Interest Rate
0.0696%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2022
Sold by
Bought by

Purchase Details

Closed on
May 25, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,450
Interest Rate
0.0502%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 18, 2009
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Buyer Sale Price Title Company
$2,324,900 Emerald Coast Title
$2,380,000 Setco Services
$610,000 None Listed On Document
$111,000 Attorney
$300,000 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 Borrower Loan Amount
Closed $1,859,920
Closed $1,925,250
Closed $1,904,000
Closed $105,450
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 Prior Sale
02/13/2026 02/13/26 Sold $2,324,900 0.0% $649 / Sq Ft
11/26/2025 11/26/25 Pending -- -- --
11/18/2025 11/18/25 For Sale $2,324,900 -2.3% $649 / Sq Ft
08/21/2023 08/21/23 Sold $2,380,000 +5.8% $664 / Sq Ft View Prior Sale
02/02/2023 02/02/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $2,250,000 -- $628 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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 $10,896 $1,205,932 $400,000 $805,932
2024 $4,089 $1,475,196 $450,000 $1,025,196
2023 $4,089 $450,000 $450,000 $0
2022 $1,659 $283,050 $283,050 $0
2021 $1,112 $152,813 $152,813 $0
2020 $938 $116,504 $116,504 $0
2019 $878 $112,023 $112,023 $0
2018 $761 $93,665 $0 $0
2017 $719 $90,936 $90,936 $0
2016 $687 $87,439 $0 $0
2015 $672 $86,020 $0 $0
2014 $566 $68,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 989871

Emerald Coast Association of REALTORS®

APN: 32-2S-21-42050-00F-0040

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