159 Penelope St, Miramar Beach, FL 32550
OFF MARKET

159 Penelope St
Miramar Beach, FL 32550

  • 4 Beds
  • 5 Baths
  • 2,146 sqft

$1,128,400

Trulia Estimate
as of Jul 1, 2026
Est. Refi. Payment $6,479/mo*
Refinance Your Home

$1,128,400

Trulia Estimate
as of Jul 1, 2026
Est. Refi. Payment $6,479/mo*
Refinance Your Home
4 Beds
5 Baths
2,146 sqft

Local Information

  • Map ViewExplore the area around 159 Penelope St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

PLEASE NOTE: NO ARBITRAGE and we will not rent to a corporation! No exceptions!

Welcome to 4 bedroom 4.5 bathroom fully furnished luxury walking distance to the beach. Relax in the tranquility of a pristine beach house, located in Villas of Frangista - a private gated community in Miramar Beach! Discover to the magic of sugar white sands and emerald waters! This charming gated subdivision features private cobblestone streets, a community pool, nearby beach access, and exceptional proximity to world class dining, shopping and golfing as well as the Sandestin Outlet Mall.
Our 4 bedroom, 4.5 bath home is well equipped and decorated to be warm and inviting for you to relax!

4 Beds, 4.5 Baths, 4 Private Suites
Kids room has Arcade1Up game machine
Gated Community
Community Pool (Open April-Sept)
Walk to Beach
Close to Sandestin Outlet Mall, restaurants, and shops

Beach Access: There are two public beach access areas just a 12 min walk away or quick drive via golf cart of car w/ public parking available.

Pool Access: Community pool located just a quick walk from the home!

Fully furnished house available for 3, 6 months or a year lease. Please not we do not arbitrage and are not interested in corporate leases.
159 Penelope St, Miramar Beach, FL 32550 is a 4 bedroom, 5 bathroom, 2,146 sqft single-family home built in 2016. It last sold for $1,010,000 on Sep 14, 2021. More recently, it was listed as a rental in November 2022 with an asking price of $5,489 per month. It is currently off market. The Trulia Estimate is $1,128,400, with a rent estimate of $6,814/month.

Home Highlights

Parking
Garage
Outdoor
Pool
View
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 159 Penelope St

Interior Features

Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningCooling System: OtherHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Interior Details
Types of Rooms: Pantry
Appliances & Utilities
DryerWasher

Exterior Features

Exterior Home Features
Roof: MetalExterior: Wood, Cement Concrete
Pool
Pool
Parking & Garage
GarageParking: Garage Detached, Off Street

Property Information

Year Built
Year Built: 2016
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Rental Terms, Policies & Fees

Furnished

Community

Units in Building: 1

Lot Information

Lot Area: 4791 sqft

Price History for 159 Penelope St

DatePriceEventSource
09/17/2024$1,399,000ListingRemovedECAOR #956974
09/17/2024$1,399,000PriceChange
ECAOR #956974
08/14/2024$1,450,000Listed For SaleECAOR #956974
11/17/2022$6,400PriceChange
Zillow Rental Manager
11/08/2022$5,489Listed For RentZillow Rental Manager
09/13/2022ListingRemovedZillow Rental Manager
08/14/2022$6,500Listed For RentZillow Rental Manager
09/14/2021$1,010,000Sold
N/A
07/24/2021$1,099,999PendingECAOR #877595
07/22/2021$1,099,999Listed For SaleECAOR #877595
07/22/2021ListingRemovedECAOR #876302
07/07/2021$1,175,000Listed For SaleECAOR #876302
03/05/2019$535,000Sold
ECAOR #811077
02/09/2019$557,000PendingAgent Provided
11/18/2018$557,000Listed For SaleAgent Provided
08/24/2016$45,400Sold
N/A
04/02/2015$105,000Sold
N/A

Market trends in Miramar Beach

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$704K
$33.33KMoM
Sale-to-List Price
96.1%
0.2%MoM
Price per sq ft
$482
$12MoM
Available listings
903
21MoM
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Property Tax and Assessment

Year2025
Tax$9,743
Assessment$1,078,307
Home facts updated by county records

Comparable Sales for 159 Penelope St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
19 Charlotte Ave, Miramar Beach, FL
0.02
Single-Family Home
$988,000
11/20/25
4
3.5
2,668
77 Saint Francis Dr N, Miramar Beach, FL
0.08
Single-Family Home
$1,005,000
06/05/26
4
3.5
2,256
70 Ruth St, Miramar Beach, FL
0.10
Single-Family Home
$915,000
05/22/26
4
4
2,592
150 Penelope St, Miramar Beach, FL
0.04
Single-Family Home
$1,150,000
10/27/25
4
3.5
1,952
33 Mobile St, Miramar Beach, FL
0.15
Single-Family Home
$1,140,000
01/20/26
4
4
2,388
91 Charlotte Ave, Miramar Beach, FL
0.07
Single-Family Home
$1,400,000
11/25/25
4
3.5
2,650
45 Lake St, Miramar Beach, FL
0.18
Single-Family Home
$1,140,000
01/13/26
4
4
2,356
23 Mobile St, Miramar Beach, FL
0.15
Single-Family Home
$899,977
10/08/25
3
3.5
2,019
206 Lakeland Dr, Miramar Beach, FL
0.26
Single-Family Home
$950,000
11/14/25
4
4.5
2,632
274 Lakeland Dr, Miramar Beach, FL
0.22
Single-Family Home
$950,000
11/13/25
4
4
2,524

Nearby homes

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Assigned Schools

These are the assigned schools for 159 Penelope St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Miramar Beach

At least 156 Trulia users voted on each feature.

  • 82 % Say it's dog friendly

  • 79 % Say car is needed

  • 78 % Say people would walk alone at night

  • 73 % Say it's quiet

  • 67 % Say there's holiday spirit

  • 65 % Say it's walkable to restaurants

  • 62 % Say parking is easy

  • 61 % Say kids play outside

  • 60 % Say there are sidewalks

  • 56 % Say streets are well-lit

  • 55 % Say yards are well-kept

  • 51 % Say it's walkable to grocery stores

  • 50 % Say they plan to stay for at least 5 years

  • 40 % Say neighbors are friendly

  • 32 % Say there's wildlife

  • 31 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Chigee Jan Cloninger
    "Very little in the way of get-togethers. Most “neighbors” are visitors. There are a handful who exercise together and occasionally lunch. "
    0
    Flag
  • Sue Shiffer
    "A great neighborhood, clean, a park, medical & shopping nearby. A nice safe place to raise children or for singles. "
    0
    Flag
  • Magicsibs
    "We love this area! Great shopping, safe, and beautiful beaches. I would recommend it to anyone looking for second home or a primary residence. Neighbors are great, and dogs are welcome!"
    0
    Flag
  • Amy Tufveson Adamo
    "My neighborhood is mostly weekly renters. There are no real community events. It is mostly a tourist spot"
    0
    Flag
  • Sue Shiffer
    "I feel safe in this neighborhood. This area is so convent be it groceries, restaurants, or medical."
    0
    Flag
  • Melodie Sorensen
    "Sandestin is an older area with lots to do. Our particular area is dog friendly with no kids (Fairways)"
    0
    Flag
  • Trulia User
    "I came from Texas and love it here! It’s a great community with many amenities. Golf, fishing, pools, cafes and much more. I think many people will love this neighborhood. It feel very safe. I have seen multiple people running, walking and exercising as well. "
    2
    Flag
  • Jeanene C.
    "Beautiful area. Mainly investment properties but a few locals. Pretty slow/bland during the winters, but weather very nice most of the time."
    8
    Flag
  • Kstarrzzz
    "there are no playgrounds nearby. just beach. in the winter you will have to drive to play. hard for littles to bikeride. "
    5
    Flag
  • Juliann.fletcher
    "Good schools, friendly communities, lots of great outdoor and community activities available. Clean and safe living."
    2
    Flag
  • Jerry J.
    "Crime free area, superb dining choices, great weather all year round, lots of family entertainment and fun and awesome beaches. "
    2
    Flag
  • Jeanene C.
    "Ubsr or your own vehicle is pretty much it that you can rely on, other than renting a golf cart or scooter."
    0
    Flag
  • Jerry J.
    "It is very safe here. No crime and nice weather and friendly people and neighbors all around and plenty of activities "
    3
    Flag
  • Cdaugherty428
    "We have movie nights at the pool and neighborhood pot lucks. There are community grills and it’s a wonderful pool area and courtyard "
    3
    Flag
  • Renee L.
    "I love it here! The beach is so beautiful! It’s clean, quiet in the winter. Even in tourists season, it’s still not too crowded. Location is great, close to everything!"
    0
    Flag
  • Annie
    "Lots of people have dogs and it’s a very dog-friendly area. There’s an unleashed dog park not far away. They are dog-focused activities throughout the year!"
    5
    Flag
  • Catherine E.
    "Every minute of every day you are almost 100% likely to see someone walking their dog(s). Very friendly community full of pet lovers!"
    0
    Flag
  • Kc
    "i can't site anything specific because this is a community that is primarily vacation oriented. we try to be neighborly, but it is a come and go type of thing - a Florida problem when you live within steps to the gulf. "
    1
    Flag
  • Kunal D.
    "Love this place. Been here for years walking distance to bars restaurants and the beach . 1 mile away from grocery stores and shopping"
    0
    Flag
  • Renee L.
    "Easy during winter months. It gets very busy during summertime. Safety is a concern with pedestrians crossing scenic 98"
    0
    Flag
  • Ginger C.
    "This area is primarily vacationing people. Spring break is often full of college aged visitors, while the off season sees mostly snow birds. "
    0
    Flag
  • Crystal W.
    "Lots of great sidewalks to walk ur pups on with great views of the ocean! Tons of other dogs all around to say hi to!"
    4
    Flag
  • Bobby
    "Beach access is great, food access is great. All around great place. Friendly people in the neighborhood. "
    0
    Flag
  • Chelsea C.
    "Mostly tourists in peak season but those who are long term lease or own here are great. Extremely safe, don’t have to keep the front door locked kinda place. Neighbors look out for each other. Wonderful. "
    0
    Flag
  • Karah Y.
    "The public school system is great. There are a lot of young families and the community is very family friendly. I have lived in the area for 30 years."
    0
    Flag
  • Richardson Lynn
    "Dogs on A leash are welcome everywhere. they are also welcome outside at many restaurants inside the gates. "
    0
    Flag
  • Magicsibs
    "Lots of families, kid activities, beautiful beaches make this a terrific area!! Kids can ride bikes, play in the neighborhood pools, walk their dogs or golf cart over to the beach. Sandestin is terrific!"
    0
    Flag
  • Shannon B.
    "Very good for dogs. Good weather. Lots of space. Can go on pretty decent long walks to the beach or down the street. "
    0
    Flag
  • louise V
    "Dog walkers are a regular sight in this neighborhood. The owners are very responsible and clean up after their fur babies. All the dog owners say hello to each other and all the dogs I have seen are friendly."
    2
    Flag
  • Mark
    "Several dogs in neighborhood and a nice area to walk the dog around the block. Just be sure to pick up after your dog as the rest of homeowners does. "
    0
    Flag
  • Tuscanaplace
    "dog friendly safe gated communities with beautiful white sand beaches. high traffic in Sumner months, great low key community in winter with temperatures in the 50 and 60s "
    0
    Flag
  • Kerriconway65
    "Owned here for 12 years but live in another state. Love this area and always look forward to being here. It’s our happy place!"
    2
    Flag
  • Lynnr1
    "Can go by golf cart everywhere and everything is here. Grocery stores restaurants the beach. Paradise at the sandestin golf and beach resort. "
    1
    Flag
  • Lynnr1
    "I have lived her since 2006 Our neighborhood is wonderful along with the ability to walk or,take a golf cart wherever we need to go. Beach is 5 minutes away. Perfect lifestyle for us. "
    0
    Flag
  • Lynnr1
    "Sandestin Golf and Beach resort is a unique gated community with housing and amenities for everyone ,along with the best beaches in the country. I love the community and lifestyle along with great neighbors and friends. "
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

19 pet-friendly rentals in Miramar Beach, FL

Explore by feature - Garage

19 rentals with a garage in Miramar Beach, FL

Explore by feature - Air Conditioning

46 rentals with air conditioning in Miramar Beach, FL

Explore by feature - Pool

57 rentals with a pool in Miramar Beach, FL

Explore by feature - Washer/dryer

61 rentals with a washer/dryer in Miramar Beach, FL

Homes for sale near 159 Penelope St

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Off Market Homes Near 159 Penelope St

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