57 Penelope Street, Miramar Beach, FL 32550

$2,850,000
8
BD
8
BA
3,707
SqFt
List Price
$2,850,000
MLS#
924126
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
8
Bathrooms
8
Living Area
3,707
Lot Size
23,086
Neighborhood
1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort

Property Description

Newly completed in 2022, 57 Penelope Street is adorned with high end and unique finishes that coalesce to create an ideal vacation rental property. Located in phase II of the gated community of Frangista Beach off of iconic Scenic Highway 98, the Funky Flamingo boasts private, deeded beach access for owners and visitors. This pristine 3-story home is finished with modern coastal touches that were professionally curated and furnished by a local interior designer. The generous floor plan with stunning upgraded flooring throughout is open, light, and airy - making it both inviting and relaxing. Eight spacious bedrooms allow this masterpiece to accommodate up to 32 guests comfortably. The kitchen has commercial grade, stainless steel appliances, waterfall quartz countertops, Mosaic tile backsplash, and coastal art pieces to accent the space. Living spaces include brand new furniture, smart TVs, an arcade style game room, and multi-window coverings. Each of the home's 8 bathrooms is graced with custom tile designs. Designers brought the same exquisite attention to detail to the outside spaces of the Funky Flamingo, as well. Boasting two screened in outdoor spaces, one on the top floor and one on beside the private heated pool, they provide the ultimate in entertainment and relaxation by creating dynamic and seamless indoor/outdoor synergy. The space is further defined with a separate heated spa and multiple waterfall-style water features. A built-in kitchen featuring a stainless-steel grill, refrigerator, and dedicated steamer border the pool behind the screened walls of the outdoor entertainment center. These features coalesce to create a poolside oasis protected from the Summer heat. Also featured in the screened-in portion of the outdoor entertainment area is a sizable TV and carefully curated outdoor furniture capable of seating 15+ people in shaded bliss. A 6-passenger golf cart is perfect to take to the Silver Sands Premium Outlet Mall, (home to 110 designer and name brand outlet stores), just 2 miles away. The home is also only a five minute drive from the iconic Destin Commons or the chic Grand Boulevard shopping, dining, and commercial centers.

Additional Information

Acres
0.53
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
Assmt Fee Term
Quarterly
Association
Emerald Coast
Construction Siding
Frame, Roof Metal, Siding CmntFbrHrdBrd
Design
Beach House
Elementary School
Van R Butler
Energy
AC - 2 or More, Ceiling Fans, Water Heater - Tnkls
Exterior Features
Pool - In-Ground
Fees
$425
Fees Include
Accounting, Ground Keeping, Recreational Faclty
High School
South Walton
Interior Features
Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Floor Vinyl, Furnished - All, Kitchen Island, Pantry
Legal Description
LOT 11 BLK G FRANGISTA BEACH 2ND ADDITION PB 3-41 OR 1754-243 OR 2696-2350 OR 3125-1593 OR 3144-685
Lot Dimensions
50x115
Lot Features
Within 1/2 Mile to Water
Middle School
Emerald Coast
Neighborhood
1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Project Facilities
Beach, Gated Community, Pool
Stories
3
Subdivision
Frangista Beach 2nd Addn
Utilities
Public Sewer, Public Water
Year Built
2022
Zoning
Resid Single Family

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Compass.

Vendor Member Number : 28166