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INVESTORS, TAKE NOTE: 100% bonus depreciation eligible with a cost segregation study! Consult your CPA for details and requirements. This is a PROVEN INCOME-PRODUCING PROPERTY WHY YOU WILL LOVE 150 PENELOPE STREET: --Prime Location - 8 minute walk from the beach in a gated community with access to both a private and community pool! --Located in gated Villas of Frangista community --Quiet cul-de-sac location with strong curb appeal --Fully furnished, turnkey, and rental ready! --NO HOA rental restrictions! --Resort-Style Pool - Dive into the west-facing 20'x28' backyard pool and surrounding oasis, perfect for lounging and entertaining. --Home Gym - Stay on track with a fully equipped workout space in the garage. --Private Viewing Experience - Each full-size bunk bed features a personal TV & Bluetooth headphones for ultimate relaxation. --Spacious Open Concept - The open kitchen, dining, & living area provide the perfect space for gathering. --Outdoor Living - Enjoy a poolside BBQ and outdoor fridge with ample patio seating & cushioned lounge chairs. FIRST FLOOR: --Bunk Room - Cozy full-sized bunks! --Half Bath - Conveniently located off the main hall. --Kitchen, Dining & Living Area - Perfect for hosting family & friends. --Expansive Patio & Pool Views - A seamless indoor-outdoor experience. SECOND FLOOR: --King Suite - Spacious retreat with a private en suite bath. --Double Queen Suite - Two plush queen beds with a private ensuite bath. --Grand King Suite - Featuring a walk-in tiled shower, private balcony, & twin daybed. HVAC: 1 unit 2017, 1 unit Oct 2023 WATER HEATER: 2017 ROOF: Metal 2017, with build of house POOL: Brand new spring 2024, gunite, heat pump, salt water, new landscaping, patio and light package
Property Type(s):
Single Family
| Last Updated | 9/5/2025 | Tract | No Named Subdivision |
|---|---|---|---|
| Year Built | 2016 | Community | Other Counties |
| County | Walton |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer |
| AREA | Other Counties |
| INTERIOR | Kitchen Island, Pantry |
| LOT | 6970 sq ft |
| LOT DIMENSIONS | 140 X 54 X 128 X 48 |
| POOL | Yes |
| POOL DESCRIPTION | Outdoor Pool, In Ground |
| SEWER | Public Sewer |
| STYLE | Beach House |
| SUBDIVISION | No Named Subdivision |
| UTILITIES | Sewer Connected |
| WATER | Public |
| ZONING | Residential Single Family |
Location
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Listed with EXP Realty LLC
Listings are provided by the Forgotten Coast REALTOR Association. This information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the Forgotten Coast REALTOR Association.
Copyright 2025 Forgotten Coast REALTOR Association.
This IDX solution is (c) Diverse Solutions 2025.
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