2 Penelope Street, Miramar Beach, FL 32550

$1,635,000
8
BD
9
BA
3,398
SqFt
List Price
$1,635,000
MLS#
868692
Status
PENDING
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
8
Bathrooms
9
Living Area
3,398
Lot Size
4,791
Neighborhood
1502 - Southwest Walton South

Property Description

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**.

Additional Information

Acres
0.11
Appliances
Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Range Hood, Refrigerator W/IceMk, Stove/Oven Electric, Washer
Assmt Fee Term
Quarterly
Association
Emerald Coast
Construction Siding
Frame, Roof Metal, Siding CmntFbrHrdBrd, Siding Shake, Slab
Design
Beach House
Elementary School
Destin
Energy
AC - 2 or More, AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Gas
Exterior Features
Balcony, Fenced Back Yard, Fenced Lot-All, Patio Covered, Pool - Heated, Pool - In-Ground, Sprinkler System
Fees
$425
Fees Include
Accounting, Legal, Recreational Faclty, Trash
High School
South Walton
Interior Features
Breakfast Bar, Floor Vinyl, Kitchen Island, Pantry, Pull Down Stairs
Legal Description
LOT 2 BLK F FRANGISTA BEACH 2ND ADD PB 3-41 OR 1754-243 OR 2619-2550 OR 2866-1101
Lot Dimensions
50x100
Lot Features
Survey Available, Within 1/2 Mile to Water
Middle School
Destin
Neighborhood
1502 - Southwest Walton South
Project Facilities
Beach, Deed Access, Gated Community, Pool
Stories
3
Subdivision
Frangista Beach 2nd Addn
Utilities
Electric, Phone, Public Sewer, Public Water, TV Cable
Year Built
2021
Zoning
Resid Single Family

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty.