This beautiful two story home is located in a quiet, gated community of Villas of Frangista Beach. Built in 2016, all 2,236 square feet of this home have been well appointed to suit your family or vacationers. There is currently $70,000+ in gross annual rental income on the books for 2021. 174 Penelope Street offers 4 bedrooms and 4.5 bathrooms, open floor plan on the first level with beautiful hardwood flooring throughout, tons of natural light and a spacious rear covered patio providing an additional entertaining or relaxing space and ample privacy. With finishes like granite countertops and stainless steel appliances, the kitchen is sure to welcome family dinners or group gatherings in an inviting entertaining space.