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Welcome to Funky Flamingo located at 57 Penelope Street in Miramar Beach, Florida. This custom-built beachside mansion is located 0.4mi away from a community beach access and grossed over $200,000 in short term rental revenue in 2024 and has projections of $224,000 for 2025 from the current manager. Funky Flamingo boasts 8 bedrooms, 7.5 bathrooms, and over 3,700 heated & cooled square feet. This custom-built masterpiece has unique and exceptional outdoor spaces that set it apart from other vacation rental-style properties in the area: Funky Flamingo has a covered, screened-in outdoor patio & entertainment space complete with a stainless steel gas kitchen and a covered, outdoor living room furnished with a television plus seating for 14 people. The entertainment and outdoor kitchen area connects seamlessly to the 30'x12' heated pool & spa. Crowning the home is a third story screened-in sunset deck complete with a retro-themed arcade & entertainment room that provide a relaxing space to enjoy our stunning coastal sunsets.

The home's open floorplan is perfect for comfortably entertaining large groups, and the chef's kitchen is framed with chic nickel-gap shiplap and adorned with high-end stainless steel appliances. A bedroom with a king-sized bed and full ensuite bath on the first floor ensures a mobility-friendly floorplan, and the seven additional bedrooms on the higher floors are both spacious and elegant.

One unique aspect about this floor plan that I love is each floor having a dedicated entertainment or relaxation space; the first floor has the spacious living room & outdoor entertainment area, the second floor has a cafe-inspired sitting area complete with a dining table & coffee bar, and the third floor has a retro arcade trimmed out with a full kitchenette & wet bar.

This home is centrally located within minutes of world-class shopping & dining at Grand Boulevard, Baytowne Wharf, Sandestin Outlet Mall, or the Destin Commons. It's also less than 10 minutes from Scenic Highway 30a, Topsail State Park, and Sacred Heart Hospital. 57 Penelope Street is located in Frangista Beach Phase II, a gated subdivision with a dedicated, gated beach access located less than half a mile away at the intersection of Scenic Highway 98 and Hollywood Street.
#967315

Miramar Beach

57 Penelope Street

8 Beds

7 Baths

3,707 Sq.Ft.

$2,400,000

MLS#: 967315

Entered for comp purposes.
#871872

Santa Rosa Beach

349 Seacrest Drive

5 Beds

5 Baths

2,983 Sq.Ft.

$2,400,000

MLS#: 871872

Simply stunning, better than new, amazing custom residence perfectly situated in one of the area's favorite neighborhoods, featuring some of the best views that money can buy.  Absolutely no expense has been spared on this beautiful estate home which has been completely remodeled with the finest finishes available to the trade and highest quality workmanship and construction.  Attention to detail on the inside and out, this new offering is a must see.  Expansive views of the golf course and the lake, with screened lanai featuring outdoor kitchen, outdoor bath, pool and hot tub promoting year around enjoyment of our wonderful climate and ample room for entertaining family and guests.  While there are too many features to list, in addition to the entire interior remodel,just a few highlights
#860873

Miramar Beach

1501 E Island Green Lane

4 Beds

4 Baths

4,380 Sq.Ft.

$2,400,000

MLS#: 860873

The Estates at Indian Pointe is Destin's premier gated waterfront community with a small enclave of only 13 homesites.  Lot 6 is perfectly positioned on the point with East and West views over the bay and the most water frontage of any lot in the community with 164 feet.  These estate sized lots were designed with 5000 sq. feet or more of living space in mind.  The neighborhood is rental restricted with a one year minimum lease term.A few privileged owners will enjoy the serene surroundings of this quaint neighborhood   while being just minutes from the thriving Destin harbor, restaurants and white sandy beaches of the Emerald Coast.
#868065

Destin

4152 Belcourt Drive

None Beds

None Baths

0.76 acres

$2,400,000

MLS#: 868065

Entered for comp purposes
#912515

Santa Rosa Beach

179 Pine Needle Way

3 Beds

4 Baths

1,734 Sq.Ft.

$2,400,000

MLS#: 912515

None
#895716

Santa Rosa Beach

192 Dogwood Street

4 Beds

3 Baths

2,283 Sq.Ft.

$2,400,000

MLS#: 895716

This new construction house is perfect for a vacation home. Great investment opportunity! This house is walking distance to the beach, restaurants, and shopping. This house has bedrooms on all 3 levels with en suite bathrooms, 2 Bunk rooms, owners storage area, private pool, outdoor kitchen, 1 car garage space, covered patio areas with turf around pool area for less maintenance. Tankless water heaters, 66 in frig/ freezer Gas stove. Tons of upgrades. Rental projections available by request.
#958179

Santa Rosa Beach

94 Sea Croft Cove

6 Beds

8 Baths

4,435 Sq.Ft.

$2,400,000

MLS#: 958179

Looking for a gulf front home with breathtaking views, no association fees, and plenty of sand? This home has what your discriminating buyer is looking for. Step through plantation shutters onto hardwood floors to appreciate the decor of this turnkey home. Downstairs is perfect for entertaining with an open floor plan. Two outside decks that are great for relaxing, dolphin watching, and gorgeous sunset views. Bottom deck has electric and water and room for kids to play in the shade.Nice storage underneath the home for all your beach needs.The second floor has two guest rooms with ensuite baths, private balconies, and beautiful views of the beach.The third floor features a large master suite with a sitting area and an office (which could easily be made into a bunk area). This is a MUST SEE!
#820178

Miramar Beach

2891 Scenic Gulf Drive

3 Beds

3 Baths

2,524 Sq.Ft.

$2,400,000

MLS#: 820178

THE SUNSETS over the Choctawhatchee BAY from your own private slice of PARADISE are FABULOUS! 'PARADISE POINTE', a LUXURY HOME w/ 6br/4.5ba in 4692 sf, encompasses its own PRIVATE PENINSULA w/ an EXPANSIVE 500' of BAY FRONT PROPERTY. This OPULENT home boasts UNPARALLELED VIEWS & LUXURIOUS AMENITIES w/ the FINEST materials & finishes throughout. In the kitchen you find TAJ MAHAL MARBLE counter tops, WOLF 4 burner GAS STOVE, SUB ZERO refrigerator, freezer, and dishwasher, COPPER FARM SINK, and the gorgeous light wood cabinets made from RECLAIMED WOOD FROM CAMP WALTON. The generous BAY FRONT Master Bed/Bath has STEAM SHOWER and MAXX SOAKER TUB, His and Hers WALK IN CLOSETS, and 2 entrances leading to the patio area with private HOT TUB. There are VIEWS FROM MOST ROOMS. The DINING, LIVING, &
#756306

Santa Rosa Beach

221 BAY CIRCLE Drive

6 Beds

4 Baths

4,692 Sq.Ft.

$2,400,000

MLS#: 756306

Stunning 5 bedroom home on the Bay! Take your Boat to Baytowne Wharf or Destin Harbor for dinner!Foyer opens to expansive family room, dining room and amazing Chefs Kitchen. Every feature to love cooking: Subzero fridge, separate full freezer, Wolf Range with Griddle, soft close drawers with deep storage, appliance garages, commercial sink, butler pantry, walk-in pantry. Bay Front Master on the main level with direct access to the pool, spa, outdoor fireplace and peacock paver patio. Master Bath with floor to ceiling marble and freestanding air tub. No thresholds, clean lines and 9x5 three head frameless shower. Two additional large bedrooms on the main level. 2 Bay Front bedrooms and two roughed in unfinished baths up to customize. 2 additional bonus rooms upstairs with views of the Bay
#829560

Santa Rosa Beach

1023 Driftwood Point Road

5 Beds

4 Baths

3,789 Sq.Ft.

$2,400,000

MLS#: 829560

MOTIVATED SELLER! Welcome to your dream home in the picturesque Greenway section of Watersound Origins! Nestled on a tranquil cul-de-sac, this stunning property is more than just a house; it's a place where unforgettable memories await.As you step inside, the soaring 12-foot ceilings immediately make you feel the spaciousness and warmth of the home. Imagine gathering with loved ones in the chef's paradise kitchen, anchored by a gorgeous, oversized Taj Mahal island--perfect for family breakfasts or entertaining guests. Picture cozy evenings by the fireplace in the inviting living room, creating lasting memories with friends and family.This home boasts 6 bedrooms and 5.5 baths, providing plenty of space for everyone. 
There's room for everyone -- six bedrooms and 5.5 baths -- and the main-level primary suite is a true retreat with direct access to the pool so lazy weekend mornings turn into impromptu swims. Every bedroom has walk-in closets with custom wooden shelving, which somehow makes everything feel both organized and a little more special.

The expanded carriage house is a standout: its own full kitchen, living and dining spaces and a bedroom make it perfect for guests, a private office, or multi-generational living. Outside is the backyard you'll actually use: a saltwater heated pool, hot tub, cabana with a fireplace, built-in outdoor kitchen and even a putting green -- all backing to a peaceful preserve so your backyard parties feel private and relaxed.

Practical upgrades matter here too: extended back porch and garage, widened driveway, and the layout flows for real life. Sellers are motivated and open to a leaseback if you need flexibility.

This isn't a listing of features -- it's a place where summers are full of laughter, holiday meals stretch on the porch, and neighbors become friends. Come see it and imagine your next chapter here.
#988784

Inlet Beach

92 Rosecourt Street

6 Beds

5 Baths

4,192 Sq.Ft.

$2,400,000

MLS#: 988784

Location, Location, Location! 2 Beautiful Homes priced to Sell! All the numbers are combined for square footage, bedrooms and baths. Main home is 5 bedrooms each with its own ensuite bath, semi open floor plan, industrial kitchen, multiple fireplaces, hot tub, fenced in back yard, separate parking, beautiful front porches, corner lot with 30-A road frontage and was previous The Seagrove Inn and is currently a short-term rental. Carriage house is a 2 bedroom 1 1/2 bath with separate fenced back yard, hot tub, 2 car garage, 3rd floor covered sky deck with amazing gulf views and 30-A road frontage. All this in the heart of Seagrove with private community beach access and Bamble Grove public beach park across 30-A. Neighbor Commercial zoning! All info should be verified by buyer.
#966083

Santa Rosa Beach

3501 E County Highway 30A

7 Beds

6 Baths

3,255 Sq.Ft.

$2,400,000

MLS#: 966083

Exceptional commercial space ideally positioned along the scenic Highway 30A corridor, offering seamless access to both 30A and Highway 98. This 6,030-square-foot property features five well-appointed units, providing a prime opportunity for businesses seeking a prestigious location. The beautifully landscaped garden-side yard offers a perfect setting for work or entertaining. Inside, the space is impeccably finished with elegant lighting, custom furnishings, and an upgraded AC system for optimal comfort. Contact us today for full leasing details and financials.
#971196

Santa Rosa Beach

114 Logan Lane Lane

None Beds

None Baths

N/A

$2,400,000

MLS#: 971196

120 Bayou Dr., a private and secluded waterfront oasis located on one of the highest points in Niceville and offering a deepwater dock with boat and jet-ski lifts, as well as a private beach! Luxury meets Southern hospitality in this one-of-a-kind home where character and friendly, small-town charm collide. The home is a masterpiece of architecture by 30A based Matt Savoie. His careful planning and execution makes this extraordinary custom built home a true work of art. The elevation of the property resulted in a contemporary Arcadian style home, where a view of the expansive, deep water Rocky Bayou and the tree-lined shore of Rocky Bayou State Park is seen throughout. This house is positioned on a tiny loop, where traffic is at a minimum and serene privacy is found.
#969851

Niceville

120 Bayou Drive

4 Beds

4 Baths

4,552 Sq.Ft.

$2,400,000

MLS#: 969851

This southern cottage-style beach house, masterfully designed by renowned AIA architect Gary Justiss, is nestled in the serene, private gated community of Carillon Beach. Offering a blend of exclusive privacy and contemporary elegance, this home offers an unmatched living experience near the sea.The house boasts three nicely appointed bedrooms and four baths, providing ample space for family and guests alike. The master suite, conveniently located on the first floor, features elegant design and comfort, making it a perfect retreat after a day spent by the ocean. The living spaces are graced with tall ceilings that enhance the airy and open feel.Living spaces extend seamlessly outdoors to the spacious porches, offering a view of the surrounding landscapes and the perfect setting for relaxation or entertaining. The outdoor area further enhances the leisurely beach lifestyle with a convenient outdoor shower, ideal for rinsing off after a beach day, and a bike shed to store beach gear.

Adding to the function and charm of the property, an outbuilding is currently utilized as a combination mancave and greenhouse. This additional structure offers potential for various uses, adapting to the homeowner's lifestyle needs.

The ample backyard, set against a backdrop of lush greenery and coastal breezes, features raised bed planters for gardening enthusiasts. This space is also suitable for accommodating a pool, offering potential for an idyllic outdoor oasis tailored to leisure and entertainment.

Each detail in this home speaks of thoughtful design and high-quality craftsmanship. This beach house embodies a lifestyle perfect for those seeking a permanent residence, a holiday home by the sea, or an investment property.
#980691

Panama City Beach

209 Dune Crest Lane

3 Beds

4 Baths

2,256 Sq.Ft.

$2,400,000

MLS#: 980691

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.
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