Residential
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  • 229 E Grand Key Dr, Destin

    $1,175,000

    Bedroom 6 bedrooms
    Full Bathroom 3 full baths
    Half Baths 1 half baths

    • MLS #: 649520
    • Address: 229 Grand Key Dr, Destin, FL 32541
    • SQFT: 2600
    • Subdivision: Crystal Beach

    Location Location

    Agent Comments Agent Comments

    Listing Courtesy of Caleb Drake Levin Rinke Realty 812-243-2419

    Amazing Deal! BACK ON THE MARKET -- NO FAULT OF THE SELLER. 2.85% Assumable Mortgage! This exceptional FULLY FURNISHED 6-bedroom, 3.5-bathroom residence offers an incredible investment opportunity with an assumable mortgage at a remarkably low rate giving you a low monthly payment of $5,628. The buyer WILL need to cover the equity difference, but the seller is open to allowing a non-VA buyer to assume this wonderful rate. This home already generates between $100,000 and $120,000 annually while being self-managed, and with professional management, it is estimated to gross between $120,000 and $150,000 annually. Priced well below comparable properties, this investment offers the best price per square foot in the neighborhood, making it one of the best deals available. You’d be crazy not to run your numbers on this one… This stunning three-story home features a durable clay tile roof and concrete siding, giving you peace of mind for years to come. The first floor is wheelchair accessible and includes the kitchen, open living room and dining room, and primary bedroom and bath. The fully furnished home includes a fully equipped kitchen and ample linens, a wet bar on the second floor, and a ton of new furniture. Each bedroom and living area is equipped with a smart TV, integrating modern technology seamlessly into the living experience. Located in a prestigious gated community, residents enjoy a zero-entry heated lagoon pool, hot tub, and tiki hut right outside the front door. The community also offers a complimentary beach shuttle and is within walking distance to the beach, mall, shopping centers, restaurants, movie theaters, and Whole Foods grocery. Security is paramount, with round-the-clock gated community security providing peace of mind. Don’t miss the chance to own this luxurious property in Grand Key Loop, offering both a high-end lifestyle and a sound investment opportunity.


    Location Information Location Information
    • County: Okaloosa
    • Longitude: -86.419291
    • Latitude: 30.387524
    • Directions: From Highway 98 and the Mid Bay Bridge intersection, turn right onto Regions Way after the first right. Go through the gate at Villages of Crystal Beach and veer left after entrance. Home will be straight ahead after the stop sign.

    Interior Features Interior Features
    • Full Baths: 3
    • Half Baths: 1
    • Dining Room Description: Kitchen/Dining Combo
    • Kitchen Description: Not Updated
    • Spa Features: Community
    • Cool System: Central Air, Ceiling Fan(s)
    • Heat System: Central
    • Floors: Vinyl, Carpet
    • Appliances: Water Heater

    Exterior Features Exterior Features
    • Roof: Clay Tiles/Slate
    • Parking Description: Front Entrance
    • Pool: None
    • Pool Description: None
    • Water Source: Public
    • Stories: 3
    • Septic Or Sewer: Public Sewer
    • Acres: 0
    • Sqft: 2600
    • Zoning: Res Single
    • Condition: Resale
    • Building Total Area: 2600
    • Road Description: Paved
    • Road Improvements: Private Maintained Road
    • Style: Mediterranean
    • Construction: Concrete
    • Foundation: Slab
    • Electric: Copper Wiring
    • Has Garage: false

    Schools Schools
    • Elementary School: Local School In County
    • Middle School: Destin
    • High School: Local School In County

    Additional Features Additional Features
    • Property Sub Type : Single Family Residence
    • Home Owners Association: false
    • HOA Frequency: Annually
    • Community Features: Pool
    • Year Built: 2006