FL > Miramar Beach > Frangista Beach 2Nd Addn
Miramar Beach, FL 32550,57 Penelope Street
Miramar Beach, FL 32550,57 Penelope Street
Miramar Beach, FL 32550,57 Penelope Street
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Tomell Johnson

Tomell Johnson

+1(850) 443-6309
$2,400,000
Est. payment /mo
8 Beds
8 Baths
3,707 SqFt
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UPDATED:

01/29/2025 10:55 PM

Key Details

Property Type Single Family Home

Sub Type Beach House

Listing Status Active

Purchase Type For Sale

Square Footage 3,707 sqft

Price per Sqft $647

Subdivision Frangista Beach 2Nd Addn

MLS Listing ID 967315

Bedrooms 8

Full Baths 7

Half Baths 1

Construction Status Construction Complete

HOA Fees $423/qua

HOA Y/N Yes

Year Built 2022

Annual Tax Amount $17,129

Tax Year 2024

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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Tomell Johnson

+1(850) 443-6309

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