48 Penelope Street, Miramar Beach, FL 32550

$2,324,900
Property Type: Residential Bedrooms: 7 Baths: 5 Square Footage: 3,583 Status: Pending
Current Price: $2,324,900 List Date: 10/08/2025 Last Modified: 12/18/2025

Description

Step into refined coastal living with this exquisite 7-bedroom, 4.5-bathroom residence crafted in 2023 by renowned builder Jared Boswell. A single-owner home, it showcases the attention to detail and superior craftsmanship that has made Boswell a trusted name along the Emerald Coast. Spanning 3,583 square feet, this three-story retreat was thoughtfully designed to accommodate both relaxation and entertainment. Inside, no expense was spared in the furnishings and finishes, offering a turnkey opportunity for either full-time living or a fantastic vacation rental. Custom built-in bunks maximize sleeping arrangements, making this home ideal for hosting large families or groups.

Supplements: The heart of the home flows seamlessly into the outdoors, where a private pool and beautifully designed exterior living space invite you to unwind in the Florida sunshine. The contemporary design, open-concept layout, and abundant natural light create an inviting and stylish atmosphere throughout. Located in the sought-after Second Addition of Frangista Beach, this property provides easy private access to the sugar-white sands and turquoise waters that make Miramar Beach a world-class destination. Just moments from local dining, shopping, and entertainment, it captures the very best of the coastal lifestyle. This home isn't just a place to stayit's a statement of elegance, comfort, and lasting value.

More Information MLS# 987084

Status Change Info

Status: Pending Under Contract Date: 2025-11-06

Contract Info

List Date: 2025-10-08 Current Price: $2,324,900 List Price: $2,324,900 List Price/SqFt: 648.87 Listing Board: Emerald Coast

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort Street #: 48 Street Name: Penelope Street Suffix: Street State: FL Zip Code: 32550 County: Walton Project Name/Subdivision: 2nd Add Frangista Beach Parcel ID: 32-2S-21-42050-00F-0050

General Property Info

Sub-Type: Detached Single Family Design: Contemporary Apx SqFt(Htd/Cooled): 3583 SqFt Source: Building Plan Bedrooms: 7 Full Baths: 4 Half Baths: 1 Total Bathrooms: 5 # Stories: 3 Year Built: 2023 Immediate Occupancy: No Garage: No Carport: No Pool: Yes Pool Type: Private

Property Features

Construction Status: Construction Complete Zoning: Resid Single Family Project Facilities: Deed Access; Fishing; Gated Community; Picnic Area; Pool Exterior: Balcony; Fenced Lot-All; Fenced Privacy; Pool - Heated; Pool - In-Ground; Sprinkler System Interior: Kitchen Island Appliances: Dishwasher; Freezer; Microwave; Range Hood; Refrigerator; Security System; Stove/Oven Gas Utilities: Electric; Gas - Natural; Phone; Tap Fee Paid; TV Cable Energy: AC - 2 or More; Ceiling Fans; Water Heater - Tnkls; Water Heater - Two + Bedroom: First; Second; Third Living Room: First Rooms: Bedroom; Dining Area; Living Room

Room Information

Bedroom Level: First Dimensions: 13 x 13 Length: 13.00 Width: 13.00 Dimensions: 13 x 13 Bedroom Level: Second Dimensions: 13 x 15 Length: 13.00 Width: 15.00 Dimensions: 13 x 15 Bedroom Level: Second Dimensions: 15 x 20 Length: 15.00 Width: 20.00 Dimensions: 15 x 20 Bedroom Level: Second Dimensions: 13 x 16 Length: 13.00 Width: 16.00 Dimensions: 13 x 16 Bedroom Level: Third Dimensions: 16 x 7.5 Length: 16.00 Width: 7.50 Dimensions: 16 x 7.5 Bedroom Level: Third Dimensions: 12 x 13.7 Length: 12.00 Width: 13.70 Dimensions: 12 x 13.7 Bedroom Level: Third Dimensions: 12.2 x 12.7 Length: 12.20 Width: 12.70 Dimensions: 12.2 x 12.7 Dining Area Level: First Dimensions: 11 x 15 Length: 11.00 Width: 15.00 Dimensions: 11 x 15 Living Room Level: First Dimensions: 19 x 17 Length: 19.00 Width: 17.00 Dimensions: 19 x 17
Listing Office: The Premier Property Group
Last Updated: December - 18 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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