Property Attributes
- MLS#1005793
- TypeSingle Family
- Listing Status Active
- CountyWalton
- CityMiramar Beach
- AreaMiramar-Sandestin Resort
- NeighborhoodFRANGISTA BEACH 2ND ADDN
- Zip32550
- StyleBeach House
- Year Built2025
- Taxes$ 2431
- Price$ 1,999,999
- Bedrooms6
- Full Bathrooms6
- Half Bathrooms1
- Sqr Footage3211
- Lot Size0.13 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Beautiful income-producing property with approximately $160K in confirmed 2026 bookings, with open dates still available and 2027 bookings already underway! 2025 Built - New Luxury Vacation Rental in The Villas of Frangista with projected gross revenue $165,000- $200,000! Located on a prime corner lot in the gated community of The Villas of Frangista, this stunning 3-story luxury home is delivered turn-key and fully furnished--perfect for a high-performing vacation rental or private coastal retreat. Designed with both comfort and style in mind, the home features a spacious open-concept living and dining area, a chef's kitchen with a large island, front and back porches, a balcony, and a private heated pool and spa with outdoor waterfall feature for ultimate relaxation. With 6 generously sized bedrooms, each with its own beautifully appointed private bathroom, the layout offers one bedroom on the first floor, four on the second,
| Elementary School | Middle School | High School |
|---|---|---|
| Van R Butler Elementary School | Emerald Coast Middle School | South Walton High School |
| Price History | |
|---|---|
| 6/19/2026 | Listed $1,999,999 |
General Features
| Utilities | Electric,Gas - Natural,Phone,Public Water |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| Community Features | Short Term Rental - Allowed,Community Room,Deed Access,Gated Community,Pets Allowed,Pool |
| County | Walton |
| Property Type | Residential |
| Subdivision Name | FRANGISTA BEACH 2ND ADDN |
| Status | Active |
| Buyer Financing | Conventional |
| Directions | From Scenic Gulf Drive, take Miami Street into The Villas of Frangista then turn left on Penelope and the house will be in the left corner of Penelope and Charlotte. |
| High School | South Walton |
| City | Miramar Beach |
| MLS Area | 15 - Miramar/Sandestin Resort |
| Lot Size Units | Acres |
| Lot Size Square Feet | 5662.8 |
| Elementary School | Van R Butler |
| Middle/Junior High School | Emerald Coast |
| MLS Area Minor | 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort |
| Standard Status | Active |
| Sewer | Public Sewer |
| Tax Assessed Value | 400 |
| Cooling | Ceiling Fans |
| Patio/Porch Features | Patio Covered,Porch |
| Architectural Style | Beach House |
| Construction Materials | Siding CmntFbrHrdBrd |
| Year Built | 2025 |
| Stories Count | 3 |
| Tax Year | 2024 |
| New Construction | false |
| Total Rooms | 13 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Association Fee Includes | Accounting,Management,Recreational Faclty,Security |
| Pool Features | Pool - In-Ground,Pool Type |
| HOA | true |
Interior Features
| Total Baths | 7 |
|---|---|
| Interior Amenities | Kitchen Island,Owner's Closet,Washer/Dryer Hookup,Wet Bar |
| Flooring | Floor Laminate |
| Air Conditioning Y/N | true |
| Window Features | Window Treatment All |
| Furnished Y/N | Furnished - All |
Exterior Features
| Lot Features | Corner,Covenants,Level,Within 1/2 Mile to Water |
|---|---|
| Lot Size Area | 0.13 |
| Lot Dimensions | 57.5x100x57.5x100 |
| Lot Size Acres | 0.13 |
| Road Surface Type | Paved |
| Exterior Amenities | Balcony,Columns |
| Fencing | Fenced Privacy |
| Building Area Total | 3211 |
| Total Parking | 5 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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Navarre Area Board of Realtors® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested