Sold Price/SqFt: 623.68
Status: Sold
Under Contract Date: 2025-02-03
Sold Date: 2025-03-11
Sold Price: $2,312,000
Listing Board: Emerald Coast
List Price/SqFt: 647.42
List Date: 2025-01-29
Current Price: $2,312,000
List Price: $2,400,000
Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort
Elementary School: Destin
Middle School: Destin
High School: Destin
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 OR 3239-2223
Sub-Type: Detached Single Family
Design: Beach House
SqFt Source: County PA Records
Immediate Occupancy: Yes
Garage: No
Carport: No
Driveway Spaces: 5
Pool: Yes
Pool Type: Private
Apx SqFt(Htd/Cooled): 3707
Bedrooms: 8
Full Baths: 7
Half Baths: 1
Total Bathrooms: 8
# Stories: 3
Year Built: 2022
Who Paid Doc Stamps: Seller
Who Paid Title: Buyer
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 423
Annual Assessment Amount: 1692
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 125
New Buyer Fee Paid: $
Last Taxes: 17129
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: No
Remarks: Welcome to Funky Flamingo located at 57 Penelope Street in Miramar Beach, Florida. This custom-built beachside mansion is located 0.4mi away from a community beach access and grossed over $200,000 in short term rental revenue in 2024 and has projections of $224,000 for 2025 from the current manager. Funky Flamingo boasts 8 bedrooms, 7.5 bathrooms, and over 3,700 heated & cooled square feet. This custom-built masterpiece has unique and exceptional outdoor spaces that set it apart from other vacation rental-style properties in the area: Funky Flamingo has a covered, screened-in outdoor patio & entertainment space complete with a stainless steel gas kitchen and a covered, outdoor living room furnished with a television plus seating for 14 people.
Within 1/2 Mile to Water: 1
Short Term Rental - Allowed: 1
Frame: 1
Roof Metal: 1
Siding CmntFbrHrdBrd: 1
Electric: 1
Gas - Natural: 1
Phone: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Balcony: 1
BBQ Pit/Grill: 1
Deck Covered: 1
Deck Enclosed: 1
Fenced Back Yard: 1
Fenced Privacy: 1
Patio Enclosed: 1
Pool - Heated: 1
Pool - In-Ground: 1
Summer Kitchen: 1
Ceiling Raised: 1
Floor Vinyl: 1
Furnished - All: 1
Lighting Recessed: 1
Dishwasher: 1
Dryer: 1
Freezer: 1
Ice Machine: 1
Microwave: 1
Refrigerator: 1
Stove/Oven Electric: 1
AC - 2 or More: 1
Storm Doors: 1
Storm Windows: 1
Water Heater - Gas: 1
Water Heater - Tnkls: 1
Water Heater - Two +: 1
First: 1
Second: 1
Third: 1
Balcony: 1
Bedroom: 1
Screened Porch: 1
Storage: 1
Accounting: 1
Electricity: 1
Ground Keeping: 1
Management: 1
Area: 15 - Miramar/Sandestin Resort
Street #: 57
Street Name: Penelope
Street Suffix: Street
State: FL
Zip Code: 32550
County: Walton
Project Name/Subdivision: FRANGISTA BEACH 2ND ADDN
Parcel ID: 32-2S-21-42050-00G-0110
Construction Status: Construction Complete
Lot Features: Within 1/2 Mile to Water
Zoning: Resid Single Family
Project Facilities: Short Term Rental - Allowed
Exterior: Balcony; BBQ Pit/Grill; Deck Covered; Deck Enclosed; Fenced Back Yard; Fenced Privacy; Patio Enclosed; Pool - Heated; Pool - In-Ground; Summer Kitchen
Interior: Ceiling Raised; Floor Vinyl; Furnished - All; Lighting Recessed
Appliances: Dishwasher; Dryer; Freezer; Ice Machine; Microwave; Refrigerator; Stove/Oven Electric
Utilities: Electric; Gas - Natural; Phone; Public Sewer; Public Water; TV Cable
Energy: AC - 2 or More; Storm Doors; Storm Windows; Water Heater - Gas; Water Heater - Tnkls; Water Heater - Two +
Bedroom: First; Second; Third
Rooms: Balcony; Bedroom; Screened Porch; Storage
Financing: Conventional; Other
Fees Include: Accounting; Electricity; Ground Keeping; Management
Room Information
Screened Porch
Level: First
Dimensions: 34 x 10
Length: 34.00
Width: 10.00
Dimensions: 34 x 10
Screened Porch
Level: Third
Dimensions: 21 x 6
Length: 21.00
Width: 6.00
Dimensions: 21 x 6
Bedroom
Level: First
Dimensions: 13 x 13
Length: 13.00
Width: 13.00
Dimensions: 13 x 13
Bedroom
Level: Second
Dimensions: 13 x 13
Length: 13.00
Width: 13.00
Dimensions: 13 x 13
Balcony
Level: Second
Dimensions: 21 x 6
Length: 21.00
Width: 6.00
Dimensions: 21 x 6
Bedroom
Level: Second
Dimensions: 13 x 13
Length: 13.00
Width: 13.00
Dimensions: 13 x 13
Bedroom
Level: Second
Dimensions: 13 x 13
Length: 13.00
Width: 13.00
Dimensions: 13 x 13
Bedroom
Level: Second
Dimensions: 13 x 13
Length: 13.00
Width: 13.00
Dimensions: 13 x 13
Bedroom
Level: Second
Dimensions: 13 x 13
Length: 13.00
Width: 13.00
Dimensions: 13 x 13
Bedroom
Level: Third
Dimensions: 13 x 13
Length: 13.00
Width: 13.00
Dimensions: 13 x 13
Bedroom
Level: Third
Dimensions: 13 x 13
Length: 13.00
Width: 13.00
Dimensions: 13 x 13
Storage
Level: First
Dimensions: 6 x 4
Length: 6.00
Width: 4.00
Dimensions: 6 x 4