Miramar Beach - Beach Property For Sale #6608754

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 2023WATER HEATER: 2017ROOF: Metal 2017, with build of housePOOL: Brand new spring 2024, gunite, heat pump, salt water, new landscaping, patio and light package