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Located in the gated community of Villas of Frangista in Miramar Beach, this spacious 3-bedroom short term rental with a bonus bunk area and 4 full bathrooms offers comfort and flexibility. The well designed layout provides generous living and entertaining space, ideal for a second home or STR investment. Each bedroom has access to a full bath, while the additional bunk area increases sleeping capacity. Residents and guests enjoy access to a large community pool. Just one mile from the largest public beach access in Miramar Beach and minutes from Silver Sands Premium Outlets and Destin Commons, this property combines location, lifestyle, and rental potential in one of the area's most desirable communities.

3 Beds ⋅ 4 Baths ⋅ 1015301 MLS

Located in the gated community of Villas of Frangista in Miramar Beach, this spacious 3-bedroom short term rental with a bonus bunk area and 4 full bathrooms offers comfort and flexibility. The well designed layout provides generous living and entertaining space, ideal for a second home or STR investment. Each bedroom has access to a full bath, while the additional bunk area increases sleeping capacity. Residents and guests enjoy access to a large community pool. Just one mile from the largest public beach access in Miramar Beach and minutes from Silver Sands Premium Outlets and Destin Commons, this property combines location, lifestyle, and rental potential in one of the area's most desirable communities.

18 Lakeland Dr, Miramar Beach

$1,280,000

Discover the perfect blend of coastal luxury, privacy, and investment potential at 61 Shelley's Way, a beautifully furnished 4-bedroom, 4-bathroom retreat nestled within the gated Villas of Frangista community in Miramar Beach. Located in the desirable third addition of Frangista Beach, this exceptional property offers everything you love about the Emerald Coast lifestyle, including a private pool, inviting outdoor entertaining spaces, and convenient access to the beach, shopping, and dining. Step inside and immediately feel at home. An abundance of natural light, beautiful wood flooring, and a fresh coastal color palette create an inviting atmosphere throughout the open-concept living spaces. The thoughtfully designed kitchen serves as the heart of the home, featuring white quartz countertops, stainless steel appliances, a generous island with seating, and a dedicated coffee and beverage bar with a wine chiller. Whether hosting family gatherings or enjoying a quiet morning at the beach, this home was designed for effortless coastal living. Four spacious bedrooms and four full bathrooms provide comfortable accommodations and privacy for owners and guests alike. Your own private outdoor oasis awaits. Step outside to a beautifully designed backyard centered around a sparkling private pool. A covered porch, outdoor television, cozy fire feature, and ample lounging space create the ultimate setting for entertaining, unwinding after a beach day, or simply enjoying Florida's beautiful weather. The fenced backyard provides added privacy, while the attached garage offers convenient storage for beach essentials, bicycles, and more. For buyers seeking an investment opportunity, this property offers the added advantage of established vacation rental activity. Reported rental activity has exceeded $55,000 for the year, despite owner usage and blocked dates, with projections suggesting the potential for approximately $78,000 in annual gross rental revenue with consistent availability. Offered fully furnished with only a few minor exclusions, the home provides a nearly turnkey opportunity for a primary residence, second home, or short-term vacation rental. Beyond the property, residents enjoy the security of a gated neighborhood and access to a community pool. The beautiful white-sand beaches of Miramar Beach are just a short golf-cart or bicycle ride away, with the Miramar Beach Regional Public Beach Access near Pompano Joe's offering parking, restrooms, showers, bike racks, ADA accessibility, and seasonal lifeguards. The property does not include deeded private beach access. The location is equally impressive. Enjoy being minutes from Silver Sands Premium Outlets, Grand Boulevard, Sandestin Golf and Beach Resort, championship golf courses, exceptional restaurants, and everyday conveniences. Scenic Highway 30A and the renowned beach communities of South Walton are a short drive away, along with all the boating, fishing, and entertainment that Destin has to offer. Private pool. Gated community. Furnished interiors. Proven rental activity. Exceptional location. Opportunities to enjoy this combination of features in the heart of Miramar Beach deserve a closer look. Whether your vision includes a personal coastal escape or an investment along the Emerald Coast, 61 Shelley's Way is ready to welcome you. Schedule your private showing today and experience everything this beautiful coastal retreat has to offer!

4 Beds ⋅ 4 Baths ⋅ 1007590 MLS

Discover the perfect blend of coastal luxury, privacy, and investment potential at 61 Shelley's Way, a beautifully furnished 4-bedroom, 4-bathroom retreat nestled within the gated Villas of Frangista community in Miramar Beach. Located in the desirable third addition of Frangista Beach, this exceptional property offers everything you love about the Emerald Coast lifestyle, including a private pool, inviting outdoor entertaining spaces, and convenient access to the beach, shopping, and dining. Step inside and immediately feel at home. An abundance of natural light, beautiful wood flooring, and a fresh coastal color palette create an inviting atmosphere throughout the open-concept living spaces. The thoughtfully designed kitchen serves as the heart of the home, featuring white quartz countertops, stainless steel appliances, a generous island with seating, and a dedicated coffee and beverage bar with a wine chiller. Whether hosting family gatherings or enjoying a quiet morning at the beach, this home was designed for effortless coastal living. Four spacious bedrooms and four full bathrooms provide comfortable accommodations and privacy for owners and guests alike. Your own private outdoor oasis awaits. Step outside to a beautifully designed backyard centered around a sparkling private pool. A covered porch, outdoor television, cozy fire feature, and ample lounging space create the ultimate setting for entertaining, unwinding after a beach day, or simply enjoying Florida's beautiful weather. The fenced backyard provides added privacy, while the attached garage offers convenient storage for beach essentials, bicycles, and more. For buyers seeking an investment opportunity, this property offers the added advantage of established vacation rental activity. Reported rental activity has exceeded $55,000 for the year, despite owner usage and blocked dates, with projections suggesting the potential for approximately $78,000 in annual gross rental revenue with consistent availability. Offered fully furnished with only a few minor exclusions, the home provides a nearly turnkey opportunity for a primary residence, second home, or short-term vacation rental. Beyond the property, residents enjoy the security of a gated neighborhood and access to a community pool. The beautiful white-sand beaches of Miramar Beach are just a short golf-cart or bicycle ride away, with the Miramar Beach Regional Public Beach Access near Pompano Joe's offering parking, restrooms, showers, bike racks, ADA accessibility, and seasonal lifeguards. The property does not include deeded private beach access. The location is equally impressive. Enjoy being minutes from Silver Sands Premium Outlets, Grand Boulevard, Sandestin Golf and Beach Resort, championship golf courses, exceptional restaurants, and everyday conveniences. Scenic Highway 30A and the renowned beach communities of South Walton are a short drive away, along with all the boating, fishing, and entertainment that Destin has to offer. Private pool. Gated community. Furnished interiors. Proven rental activity. Exceptional location. Opportunities to enjoy this combination of features in the heart of Miramar Beach deserve a closer look. Whether your vision includes a personal coastal escape or an investment along the Emerald Coast, 61 Shelley's Way is ready to welcome you. Schedule your private showing today and experience everything this beautiful coastal retreat has to offer!

61 Shelleys Way, Miramar Beach

$1,450,000

MEET PENELOPE! Where Beach Days Become Family Traditions There are beach houses you visit--and then there are beach houses that become part of your family's story. Tucked within the highly sought-after Frangista Beach community of Miramar Beach, 170 Penelope Street offers the rare opportunity to own a home where the best of the Emerald Coast is remarkably close, yet everyday life still feels private and relaxed. Just imagine mornings beginning with coffee on the coast, afternoons spent at the beach, and evenings gathered around the table with the people you love most. Designed with both owners and guests in mind, this spacious four-bedroom home offers an inviting open-concept layout with multiple sleeping areas, generous gathering spaces, and the flexibility today's beach buyers are looking for. Whether you're creating your family's own coastal retreat, hosting extended family and friends, or looking for a property that can generate meaningful rental income when you're away, the home adapts beautifully to the way you want to enjoy the beach. *Willing to provide a pool credit!* And then there's the backyard. With room for a private pool, the property offers an exciting opportunity to create an even more elevated outdoor retreat--and potentially make an already compelling vacation property even more desirable to future guests. Frangista Beach is the kind of location buyers search for when they want to experience Miramar Beach without sacrificing convenience. The beach, restaurants, shopping, golf and entertainment are all close by, with the area being particularly well suited to walking, biking and golf-cart living. For those looking at the property through an investment lens, the opportunity becomes even more compelling. Short-term rentals are permitted, and the home has demonstrated strong rental performance, making it possible to enjoy the property personally while allowing it to work for you when you're away. But the numbers are only part of the story. The real value is owning a place where your children can grow up knowing exactly which beach access to take, where extended family can gather for another summer together, and where a week at the beach can eventually become a lifetime of memories. 170 Penelope Street isn't simply an investment in Miramar Beach. It's an opportunity to own the place where the memories happen. Bring your offer and come see why this Frangista Beach retreat deserves a closer look.

4 Beds ⋅ 4 Baths ⋅ 1002642 MLS

MEET PENELOPE! Where Beach Days Become Family Traditions There are beach houses you visit--and then there are beach houses that become part of your family's story. Tucked within the highly sought-after Frangista Beach community of Miramar Beach, 170 Penelope Street offers the rare opportunity to own a home where the best of the Emerald Coast is remarkably close, yet everyday life still feels private and relaxed. Just imagine mornings beginning with coffee on the coast, afternoons spent at the beach, and evenings gathered around the table with the people you love most. Designed with both owners and guests in mind, this spacious four-bedroom home offers an inviting open-concept layout with multiple sleeping areas, generous gathering spaces, and the flexibility today's beach buyers are looking for. Whether you're creating your family's own coastal retreat, hosting extended family and friends, or looking for a property that can generate meaningful rental income when you're away, the home adapts beautifully to the way you want to enjoy the beach. *Willing to provide a pool credit!* And then there's the backyard. With room for a private pool, the property offers an exciting opportunity to create an even more elevated outdoor retreat--and potentially make an already compelling vacation property even more desirable to future guests. Frangista Beach is the kind of location buyers search for when they want to experience Miramar Beach without sacrificing convenience. The beach, restaurants, shopping, golf and entertainment are all close by, with the area being particularly well suited to walking, biking and golf-cart living. For those looking at the property through an investment lens, the opportunity becomes even more compelling. Short-term rentals are permitted, and the home has demonstrated strong rental performance, making it possible to enjoy the property personally while allowing it to work for you when you're away. But the numbers are only part of the story. The real value is owning a place where your children can grow up knowing exactly which beach access to take, where extended family can gather for another summer together, and where a week at the beach can eventually become a lifetime of memories. 170 Penelope Street isn't simply an investment in Miramar Beach. It's an opportunity to own the place where the memories happen. Bring your offer and come see why this Frangista Beach retreat deserves a closer look.

170 Penelope St, Miramar Beach

$1,000,000

Great Vacant Lot overlooking a pond in a Private and Exclusive Gated Neighborhood. The Villas at Frangista Beach sit just a few blocks from the beach. The Villas has a community pool and clubhouse. New homes are being built now and the lots are selling quickly. Lot 28 is also available adjacent to this parcel. Lot 28 also available Buyer to verify all dimensions and details.

970014 MLS

Great Vacant Lot overlooking a pond in a Private and Exclusive Gated Neighborhood. The Villas at Frangista Beach sit just a few blocks from the beach. The Villas has a community pool and clubhouse. New homes are being built now and the lots are selling quickly. Lot 28 is also available adjacent to this parcel. Lot 28 also available Buyer to verify all dimensions and details.

Lot 29 Shelley South, Miramar Beach

$1,000,000

Great Vacant Lot overlooking a pond in a Private and Exclusive Gated Neighborhood. The Villas at Frangista Beach sit just a few blocks from the beach. The Villas has a community pool and clubhouse. New homes are being built now and the lots are selling quickly. Lot 29 is also available adjacent to this parcel. Buyer to verify all dimensions and details.

970013 MLS

Great Vacant Lot overlooking a pond in a Private and Exclusive Gated Neighborhood. The Villas at Frangista Beach sit just a few blocks from the beach. The Villas has a community pool and clubhouse. New homes are being built now and the lots are selling quickly. Lot 29 is also available adjacent to this parcel. Buyer to verify all dimensions and details.

LOT 28 Shelley's, Miramar Beach

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