$2,100,000
$2,295,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
3,623 SqFt
SOLD DATE : 10/23/2023
Key Details
Sold Price $2,100,000
Property Type Single Family Home
Sub Type Beach House
Listing Status Sold
Purchase Type For Sale
Square Footage 3,623 sqft
Price per Sqft $579
Subdivision Frangista Beach 2Nd Addn
MLS Listing ID 920056
Sold Date 10/23/23
Bedrooms 8
Full Baths 8
Construction Status Construction Complete
HOA Fees $141/qua
HOA Y/N Yes
Year Built 2022
Property Description
Why wait for construction to finish when you can enjoy the perks of a modern, fully-furnished coastal home and earn rental income right away? Situated in the sought-after gated community of Frangista Beach, 19 Penelope boasts a prime location near the beach and a proven track record of generating impressive ROI. With the rental season about to kick into high gear, this stunning property - which was completed in 2022 - is the perfect investment opportunity. Featuring 8 spacious bedrooms that can accommodate up to 24 guests, along with a private heated pool, 19 Penelope is ideal for multiple families looking to create lasting memories. What sets this property apart, however, is its exceptional rental income potential. In 2022, it earned over $163,000 in rental income, and 2023 is already...
Location
State FL
County Walton
Area 15 - Miramar/Sandestin Resort
Zoning Resid Single Family
Rooms
Guest Accommodations Beach,Fishing,Gated Community,Pool
Kitchen First
Interior
Interior Features Floor Vinyl, Furnished - All, Kitchen Island, Lighting Recessed, Owner's Closet, Washer/Dryer Hookup, Window Treatment All
Appliance Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Washer
Exterior
Exterior Feature Balcony, Fenced Back Yard, Patio Open, Pool - In-Ground
Pool Private
Community Features Beach, Fishing, Gated Community, Pool
Utilities Available Gas - Natural, Public Sewer, Public Water, Tap Fee Paid
Private Pool Yes
Building
Lot Description Covenants, Within 1/2 Mile to Water
Story 3.0
Structure Type Foundation Off Grade,Roof Metal,Siding CmntFbrHrdBrd
Construction Status Construction Complete
Schools
Elementary Schools Van R Butler
Others
HOA Fee Include Accounting,Recreational Faclty
Assessment Amount $425
Energy Description AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Gas
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