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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

REDUCED! This is the lowest price per sq ft South of 30A in Rosemary! This Caribbean-style retreat is located south of 30A in the heart of Rosemary Beach just steps from the beach, Town Square and the coveted shops and restaurants that call this community home. In a masterstroke of architectural design, this property boasts two master bedrooms with king beds and private, en suite baths on the first level. In addition, there is a bunkroom with two sets of bunks, perfect for 4 children. Once upstairs, the spacious kitchen brings together professional appliances, granite countertops, and an eat-in bar that overlooks the great room and has seating and room for all to gather after a long day on the beach. This level features a third master bedroom with another king-size bed and private
#818234

Panama City Beach

45 N Green Turtle Lane

5 Beds

5 Baths

3,315 Sq.Ft.

$2,400,000

MLS#: 818234

LUXURY New Construction Beach House just blocks from the beautiful Beaches of the Emerald Coast.  Exquisite detail on the finishes throughout give this 8 bedroom 8 bath property the perfect spot for vacation renters to come enjoy life in luxury at the beach.   You'll find grand open spaces, with shiplap walls throughout, Luxury Vinyl Plank flooring, Quartz countertops, tiled showers, and the high end fixtures you should expect in a beach house of this caliber.  Add to this the Custom Pool and  Spa and an oversized Lot with plenty of room for Entertaining and you have one of the best Rental Property Investments in Crystal Beach.  Just steps away from the beach but also steps away from Dining and Shopping.  With Projections Ranging from 240-250K yearly this will be your next RENTAL ENGINE!
#883739

Destin

4457 Luke Avenue

8 Beds

7 Baths

4,265 Sq.Ft.

$2,400,000

MLS#: 883739

Enter the gates of WaterSound Beach and leave everyday stresses behind. Located in Compass Point II, Unit 424 provides a cocoon of peace and tranquility in a pristine 3 bed, 3.5 bath home that sits comfortably at one with its stunning natural surroundings. This top floor unit has never been rented and boasts a huge porch for Gulf-front living, custom Dwell interiors and updated white marble bathrooms, among other desirable features. Step into the airy 24-foot high living area  a room with arguably the best outlook in WaterSound Beach. Framed by incredible double-height windows, the panoramic seascape provides an ever-changing scene.
#794695

Watersound

37 S Compass Point Way UNIT 424

3 Beds

3 Baths

2,161 Sq.Ft.

$2,400,000

MLS#: 794695

Enjoy Panoramic Gulf Views of the Gulf of Mexico from 213 Winston Lane.  This Renovated Custom Built Luxury Home Will Make the Perfect Primary, Second, or Vacation Home. Sitting on a 50 foot Bluff and Located Just Steps From a Private Deeded Beach Access and Public Beach Access, the Buyer of Home will make a Lifetime of Memories.  Renovations Include:  Exterior Painting, Driveway, Landscaping and Bunk Room added in 2020.  Three Sliding Glass Doors with Impact Glass, HVAC, Generator, Washer/Dryer updated in 2019.  Interior Paining and Kitchen Remodel in 2017.
#871257

Inlet Beach

213 Winston Lane

3 Beds

3 Baths

2,624 Sq.Ft.

$2,400,000

MLS#: 871257

Exquisite HUFF Builder's masterpiece within the gated community of Burnt Pine at Sandestin Golf and Beach Resort. Meticulously renovated in 2021, this residence boasts a saltwater pool and outdoor screened lanai complete with a summer kitchen, fireplace and living area, perfectly positioned on the par 5, 2nd Hole adjacent to the verdant green at Burnt Pine--an absolute haven for golf enthusiasts. The interior exudes opulence, featuring a walk-in wine cellar, and tasteful combination of tile and cherry hardwood floors throughout. The kitchen stands as a focal point, complete with a dry bar boasting a wine cooler, beverage cooler, and ice maker, ideal for hosting gatherings. Other recent upgrades include a new 2020 Hot Water Heater and a 2018 HVAC system.
#944834

Miramar Beach

3434 Burnt Pine Lane

4 Beds

4 Baths

3,200 Sq.Ft.

$2,400,000

MLS#: 944834

Must see this newly ''remodeled'' home in Rosemary Beach. A second home or luxury investment property offer 3 Master's w/ private baths and balconies. Bunk room sleeps 4. First floor living with open concept, commercial Viking Appliances and huge Island w/ Quartz countertops, farm sink and floating shelves. Fireside family room & dining w/ wet bar, ice maker and beverage center perfect for entertaining. Beautiful Hardwoods throughout the home. The large laundry/mud room & powder room are just off living area. Walk out the back to the outdoor living w/ heated pool, outdoor FP and summer kitchen. The carriage house has 1 BR/ 1 Bunk room & sleeps 4-6. Great luxury rental opportunity
#836062

Inlet Beach

18 Bourne Lane

6 Beds

5 Baths

3,156 Sq.Ft.

$2,400,000

MLS#: 836062

''Another Slice of Paradise(S)'' is a charming, very well maintained six bedroom home ideally situated directly on Scenic Highway 98 in the well established beachside community of Frangista Beach. 1860 Scenic Gulf Drive is just over 3,800 sq ft, has updated beach decor & furnishings throughout, a private elevator, private pool, two master suites, bunk spaces and a two car garage along w/ additional space for parking in the driveway.
#876916

Miramar Beach

1860 Scenic Gulf Drive

6 Beds

6 Baths

3,868 Sq.Ft.

$2,399,999

MLS#: 876916

YOUR SEARCH ENDS HERE! This fully remodeled designer home sits perfectly nestled approximately 5 minutes between Rosemary Beach and Pier Park on the West End of Panama City Beach. Giving you the best location for all your relaxation needs and activities. With 6 Bedrooms and 6 Bathrooms that have all been renovated by one of the top designers in our market. This house is poised to generate over $200,000 a year in rental income or become your perfect beach getaway with enough room to house your entire family. This house is a must-see!
#875345

Panama City Beach

17807 Front Beach Road

6 Beds

5 Baths

3,250 Sq.Ft.

$2,399,999

MLS#: 875345

Commercial/residential building located at the edge of Ruskin Park in Seaside. The building has 4 streams of revenue, which include (a) first-floor commercial space, plus a (b) 1 bedroom unit; (c) second floor 3 bedroom unit ; (d) 3rd floor 2 bedroom unit and fabulous rooftop with outdoor living space. Property is a great opportunity to be able to live in one unit and rent the remaining units for income.
#830490

Santa Rosa Beach

124 Quincy Circle

6 Beds

6 Baths

3,904 Sq.Ft.

$2,399,500

MLS#: 830490

Gorgeous home located in the prestigious gated community of Destiny. Enjoy panoramic gulf views from the 2nd & 3rd floors. This home has a private pool & direct gate access to the white sandy beaches of the Gulf of Mexico just steps away. This custom home features hand carved oak cabinetry throughout. The gourmet kitchen features a Dacor stainless steel 6 burner gas stove and convection oven, microwave, warming drawer, a large designer SubZero refrigerator, wine cooler,& separate ice makers in kitchen & laundry room. The kitchen and double islands have gorgeous Nepsogold granite countertops with double ogee edge. All rooms have plantation shutters & travertine stone tile. High ceilings & open floor plan allow a natural flow throughout the living/dining/kitchen and covered pool area The newly renovated large second floor master bedroom boasts gulf views, offers a private gulf front balcony and a cozy fireplace.  Two more bedrooms with custom linens and full baths are also on the second floor.  A second floor sitting room with access to a gulf front balcony has a daybed for extra guests.  The third floor great room boast awesome gulf views, a vaulted ceiling, kitchen, bedroom, full bath, sitting area, extra sleeping porch with 2 daybeds, and a huge covered balcony overlooking the stunning Gulf of Mexico.  This home is perfect for a family compound or rental investment.  The home currently sleeps 19, but has potential for sleepings several more.
This is a second home that was never rented.  Owner recently put home on the rental market with projections done by 360Blue rental company of $263,982 for 2016.  This house is offered furnished and has been professionally decorated.
#763999

Destin

4646 Destiny Way

5 Beds

6 Baths

5,327 Sq.Ft.

$2,399,000

MLS#: 763999

A double set of custom made mahogany doors greet you as you enter this beach side cottage. Beautiful red oak floors throughout and the extensive use of granite, marble and tile in the kitchen and baths are a taste of the details that await you. Each of the three bedrooms has its own private bath. The second level is where you will find the gorgeous granite kitchen with glass-door cabinets, Sub-Zero refrigerator and gas Thermador cook top. The abundant use of floor to ceiling windows, combined with high ceilings, create a bright, sunlit and open feeling in this home. A beautifully designed staircase leads you to a third level bridge (with built-in shelves), overlooking the living area, and opening to a sun deck that provides breathtaking Gulf views and an excellent spot to watch the
#780743

Santa Rosa Beach

2110 E Co Highway 30-A 30A

3 Beds

3 Baths

2,256 Sq.Ft.

$2,399,000

MLS#: 780743

Once in a great while, a truly spectacular custom built home becomes available to purchase.Gated luxury living in Sandestin. A work of art in form and functionality. Stunning West Indies vernacular designed home that epitomizes the Emerald Coast, living in a most serene resort style setting. This private retreat expands graciously to host large-scale entertaining in and around the unsurpassed heated lagoon pool, fire pit and large hot tub. Nestled onto a small peninsula of land by Horseshoe Lake. Home features four bedrooms, five full baths and one half bath. This stucco home is complete with hardwood siding, cedar shingles, Pella wood windows, cobblestone pavers, and mahogany front door. Step inside and be greeted to wood flooring, travertine, much more!
#715744

Miramar Beach

5218 PORTSIDE Terrace

4 Beds

4 Baths

3,908 Sq.Ft.

$2,399,000

MLS#: 715744

Experience the ultimate in coastal luxury living in this exceptional 3,000 sq. ft.. waterfront residence located in the prestigious Holiday Isle community of Destin, Florida. Perfectly positioned on a tranquil canal just three blocks from the sugar-white sands of the Gulf,  this property truly offers the best of both worlds -- beach and boating.Boating enthusiasts will appreciate the impressive private dock, accommodating up to a 70-foot vessel or configured as two slips with a 30,000-lb lift and a 15,000-lb lift -- a rare and valuable feature in Holiday Isle.Featuring four spacious bedrooms and thoughtfully designed indoor-outdoor living on both levels, this home is ideal for entertaining, relaxing, or maximizing rental potential. Each floor offers its own kitchen and living room, creating a flexible layout perfect for multi-generational living or a high-performing investment property.
Expansive outdoor living areas on both levels capture coastal breezes and water views, while the newly added pool provides a private oasis after a day at the beach or out on the water.
Whether you're seeking a primary residence, vacation retreat, or income-producing rental, this canal-front home delivers unmatched versatility, location, and waterfront convenience in one of Destin's most sought-after neighborhoods.
#995126

Destin

610 Lagoon Drive

4 Beds

3 Baths

3,000 Sq.Ft.

$2,399,000

MLS#: 995126

Sophisticated and serene, this beautifully appointed residence offers timeless design and a prime location in the heart of Rosemary Beach. Inside, whitewashed pecky cypress walls lead into a spacious open-concept living and dining area, anchored by a sleek Italian kitchen featuring top-of-the-line Wolf and Sub-Zero appliances. The floorplan is thoughtfully laid out, with each of the three bedrooms set in its own private wing--providing ideal separation for guests or family. Marble-accented bathrooms, custom built-ins, and warm hardwood floors add to the home's polished feel.From the balcony, enjoy views overlooking Barrett Square and the striking coastal architecture that defines the Town Center. Just a short stroll to world-class dining, shopping, and seasonal events, this residence offers the perfect blend of convenience and quiet retreat. An exceptional offering in one of 30A's most beloved communities.
#979814

Inlet Beach

104 N Barrett Square # 2B

3 Beds

2 Baths

1,402 Sq.Ft.

$2,399,000

MLS#: 979814

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