
Description
This beautiful two story home is located in a quiet, gated community of Villas of Frangista Beach. Built in 2016, all 2,236 square feet of this home have been well appointed to suit your family or vacationers. There is currently $55,000+ in gross annual rental income on the books for 2021. 174 Penelope Street offers 4 bedrooms and 4.5 bathrooms, open floor plan on the first level with beautiful hardwood flooring throughout, tons of natural light and a spacious rear covered patio providing an additional entertaining or relaxing space and ample privacy. With finishes like granite countertops and stainless steel appliances, the kitchen is sure to welcome family dinners or group gatherings in an inviting entertaining space.There is one bedroom suite located on the first level. Upstairs is where you'll find the spacious master bedroom complete with its own private balcony and large master bath with soaking tub and separate shower. There are two additional bedrooms with ensuite bathrooms also upstairs. Villas of Frangista Beach is a quiet, gated community located just half a mile from the beautiful beaches of South Walton with low HOA dues and a community pool. It is centrally located along Scenic Highway 98 in Miramar Beach, within very close proximity to world class restaurants and shopping.
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4BEDS
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N/AACRES
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4BATHS
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11/2 BATHS
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2,236SQFT
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$369$/SQFT
School Information
Description
This beautiful two story home is located in a quiet, gated community of Villas of Frangista Beach. Built in 2016, all 2,236 square feet of this home have been well appointed to suit your family or vacationers. There is currently $55,000+ in gross annual rental income on the books for 2021. 174 Penelope Street offers 4 bedrooms and 4.5 bathrooms, open floor plan on the first level with beautiful hardwood flooring throughout, tons of natural light and a spacious rear covered patio providing an additional entertaining or relaxing space and ample privacy. With finishes like granite countertops and stainless steel appliances, the kitchen is sure to welcome family dinners or group gatherings in an inviting entertaining space.There is one bedroom suite located on the first level. Upstairs is where you'll find the spacious master bedroom complete with its own private balcony and large master bath with soaking tub and separate shower. There are two additional bedrooms with ensuite bathrooms also upstairs. Villas of Frangista Beach is a quiet, gated community located just half a mile from the beautiful beaches of South Walton with low HOA dues and a community pool. It is centrally located along Scenic Highway 98 in Miramar Beach, within very close proximity to world class restaurants and shopping.
© 2021 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Better Homes & Gardens Real Estate Emerald Coast. Data last updated: 2021-04-22T19:00:59.383.