48 Penelope Street, Miramar Beach

$2,324,900

7 Beds
5 Baths
3,583 Sqft
0 Acre
0 Garage

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.
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.

Essential Information
MLS® #987084
Price$2,324,900
Bedrooms7
Bathrooms5.00
Full Baths4
Half Baths1
Square Footage3,583
Year Built2023
TypeResidential
Sub-TypeDetached Single Family
StyleContemporary
StatusActive
Community Information
Address48 Penelope Street
AreaMiramar/Sandestin Resort
Subdivision2nd Add Frangista Beach
CityMiramar Beach
CountyWalton
StateFL
Zip Code32550
Amenities
Has PoolYes
Amenities

Deed Access, Fishing, Gated Community, Picnic Area, Pool

Utilities

Electric, Gas - Natural, Phone, Tap Fee Paid, TV Cable

Pool

Pool - Heated, Pool - In-Ground, Private

Interior
Interior FeaturesKitchen Island
# of Stories3
Appliances

Dishwasher, Freezer, Microwave, Range Hood, Refrigerator, Security System, Stove/Oven Gas

Cooling

AC - 2 or More, Ceiling Fans, Water Heater - Two +

Exterior
RoofRoof Metal
Exterior

Roof Metal, Siding CmntFbrHrdBrd

Exterior Features

Balcony, Fenced Lot-All, Fenced Privacy, Pool - Heated, Pool - In-Ground, Sprinkler System

School Information
ElementaryVan R Butler
MiddleDestin
HighDestin
Additional Information
ZoningResid Single Family
HOA Fees425.00
HOA Fees Freq.Quarterly
Listing Details
OfficeThe Premier Property Group
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 48 Penelope Street, Miramar Beach, FL

Photo of Listing #975385

28 Spyglass Drive, Miramar Beach

$2,495,000 - 6 Beds, 5 Baths, 4,820 Sf

MLS® # 975385

Photo of Listing #969812

82 Walton Drive, Miramar Beach

$1,925,000 - 8 Beds, 7 Baths, 2,776 Sf

MLS® # 969812

Photo of Listing #960360

220 N Saint Francis Drive, Miramar Beach

$1,985,000 - 5 Beds, 4 Baths, 3,136 Sf

MLS® # 960360

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is 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.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2025, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on November 12th, 2025 at 6:24am CST.