38 Penelope St, Miramar Beach, FL 32550 Property Records

Walton County property record for 38 Penelope St, Miramar Beach, FL 32550

Property Summary

Property Type	Single Family Home
Details	4 bd · 4.5 ba · 3,335 sqft · built 2023
Lot Size	0.115 acres (5,009 sqft)
Owner	Company Name on File
Last Sale	$2,324,900 (Feb 2026)
Tax Bill	$10,896 (2025)
Deeds & Mortgages	Jul 2025 Mortgage Feb 2026 Sale & Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`32-2S-21-42050-00F-0040`

Property Details

APN / Parcel Number

Primary APN	`32-2S-21-42050-00F-0040`
Alternative APNs	`32-221-42050-00F-0040` `1071839`

Interior

Bedrooms	4 Beds
Full Baths	4.5 Baths
Half Baths	1 Half Bath
Stories	3 Stories
Building Area	3,335 sqft Living Area
Gross Area	3,705 sqft
Flooring	Tile

Exterior

Year Built	Built 2023
Effective Year Built	Effective 2023
Roof Type	Gable/Hip
Roof Material	Other
Lot Area	5,009 sqft (0.115 acres)
Lot Dimensions	100 ft deep x 50 ft wide
Porch	Finished/Open Porch

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C

Location & Zoning

Street Address	38 PENELOPE ST
City	MIRAMAR BEACH
State	FL
Zip	32550
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	RP
Legal Description	LOT 4 BLK F FRANGISTA BCH 2ND ADD PB 3-41 OR 1754-243 OR 2619-2550 OR 2619-3973 OR 2811-1148 OR 2842-4905 OR 3246-1442 OR 3299-3803
Legal Range	021
Legal Township	02S
Legal Section	32
Legal Subdivision	FRANGISTA BCH 2ND ADD
Legal Block	F
Legal Lot Number	4
Jurisdiction	WALTON FL
Township / Civil Division	WALTON BEACHES
Census Block Group	1
Census Block	1034
Census Tract	950609

Owner

38 Penelope St is owned by a company that bought it in February 2026.

Source: Walton County records, as of April 6, 2026

Owner of Record	Company Name on File
Mailing Address	3635 MONTANA AVE, BILLINGS, MT 59101-1889
Owner Type	Company
Vesting	Limited Liability Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jul 9, 2025	Deed of Trust, Mortgage · Conventional Mortgage JPMORGAN CHASE BANK NA
Feb 18, 2026	Warranty Deed, Transfer · Conventional Mortgage AMWEST FUNDING CORP
Aug 23, 2023	Warranty Deed, Transfer · Conventional Mortgage OAKTREE FUNDING CORP
Apr 4, 2022	Warranty Deed, Transfer SETCO SERVICES LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 18, 2026 · Amount on File
Deed Sale	Feb 18, 2026 · Amount on File
Prior Sale	Aug 23, 2023 · Amount on File
Deed Document Number	20265958
Deed Book / Page	3387 / 2991
Record Updated	Jun 8, 2026

July 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WALTON FL
Property Address	38 PENELOPE ST, MIRAMAR BEACH, FL 32550
Transaction Type	Mortgage
Record Updated	Mar 6, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2445 CAMBRIDGE BLVD, COLUMBUS, OH 43221-4023

Mortgage

Document Number	0033634839
Date	Jul 9, 2025
Book Page	3363/4839
Instrument	20250024002

Lender

Name	JPMORGAN CHASE BANK NA
Type	Bank
Address	ELGIN, IL 60124

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Aug 1, 2055

February 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	WALTON FL
Recording Date	Feb 18, 2026
Property Address	38 PENELOPE ST, MIRAMAR BEACH, FL 32550
Document Number	0033872991
Book / Page	3387 / 2991
Map Reference	MB 3 PG 41
Instrument Date	Feb 13, 2026
Instrument	20260005958
Transaction Type	Transfer
Record Updated	Mar 6, 2026
Title Company	EMERALD COAST TITLE SERVICES INC, EMERALD COAST TTL SVCS LLC

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$16,274.30
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	702 S 6TH ST, COLUMBUS, OH 43206-2125

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3635 MONTANA AVE, BILLINGS, MT 59101-1889
Investor	Possibly a Property Investor

Mortgage

Document Number	0033872993
Date	Feb 18, 2026
Instrument	3387/2993

Lender

Name	AMWEST FUNDING CORP
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Mar 1, 2056

August 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	WALTON FL
Recording Date	Aug 23, 2023
Property Address	38 PENELOPE ST, MIRAMAR BEACH, FL 32550-4641
Document Number	0032993803
Book / Page	3299 / 3803
Map Reference	MB 3 PG 41
Instrument Date	Aug 18, 2023
Instrument	20230030302
Transaction Type	Transfer
Record Updated	Feb 20, 2024
Title Company	SETCO SERVICES LLC

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$16,660.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	12889 US HIGHWAY 98 W, MIRAMAR BEACH, FL 32550-3243

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	702 S 6TH ST, COLUMBUS, OH 43206-2125

Mortgage

Document Number	0032993807
Date	Aug 23, 2023
Instrument	3299/3807

Lender

Name	OAKTREE FUNDING CORP
Type	Subprime Lender

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Sep 1, 2053

April 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	WALTON FL
Recording Date	Apr 4, 2022
Property Address	38 PENELOPE ST, MIRAMAR BEACH, FL 32550-4641
Document Number	0032461442
Book / Page	3246 / 1442
Map Reference	MB 3 PG 41
Instrument Date	Mar 17, 2022
Instrument	20220015812
Transaction Type	Transfer
Record Updated	Feb 20, 2024
Title Company	SETCO SERVICES LLC

Transaction

Amount	Amount on Record
Tax	$4,270.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	111 DREW CT, NICEVILLE, FL 32578-2339

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	12889 US HIGHWAY 98 W STE 112B, 112B, MIRAMAR BEACH, FL 32550-3203

Tax Assessment & Valuation

The 2025 property tax bill for 38 Penelope St was $10,896, down 19.1% from the year before.

Source: Walton County assessment roll, as of December 3, 2025

Property Jurisdictions

Type	Name
State	Florida
County	Walton County
Unified School District	Walton County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$10,896.00 (-19.13%)	$1,205,932 Land $400,000 Building $805,932	$1,205,932 Land $400,000 Building $805,932
2024	$13,474.00 (+229.6%)
2023	$4,088.00 (+146.41%)	$450,000 (+58.98%) Land $450,000	$450,000 (+58.98%) Land $450,000
2022	$1,659.00	$283,050 Land $283,050	$283,050 Land $283,050

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 38 Penelope St in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective June 18, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 750 individual policies
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	4,168 units insured incl. 3,418 condo units
Nearby Flood Claims	64 (1995–2024)
Claims Outside the SFHA	45 of 64
Most Recent Claim	Sep 2024 · rainfall accumulation
Claims by Event	Hurricane Sally, Sep 2020 · 7 claims Severe Storms, Tornadoes, Straight-line Winds, And Flooding, May 2014 · 29 claims Hurricane Frances, Sep 2004 · 10 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 38 Penelope St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	SOUTH WALTON UTILITY COMPANY private · serves 26,668 people · EPA ID FL1660615
Water Source	Groundwater
Last State Inspection	Feb 2026
Lead	3 ppb (2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 360 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
LiveOak Fiber Fiber	5,000 / 5,000
Cox Communications Cable	2,000 / 100
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless · Fiber in parts of the area	100 / 20

May also be available: CenturyLink, T-Mobile, Wildstar Networks.

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