$905,000
$44K PRICE DROP

202 Kono Way Destin, FL 32541

Estimated payment $6,173/month

Total Views 3,922
4 Beds
3.5 Baths
2,040 Sq Ft
$444 Price per Sq Ft

Highlights

  • Gated Community
  • Open Floorplan
  • Game Room
  • Destin Elementary School Rated A-
  • Attic
  • Community Pool

About This Home

Turnkey Vacation Rental Gem – Steps from the Beach!

Welcome to your next income-generating paradise! This beautifully furnished 4-bedroom, 3.5-bath retreat is located in the exclusive gated resort-style community of The Villages of Crystal Beach, just 2 blocks from the Gulf.

Thoughtfully designed to sleep up to 12 guests, this home boasts:

-Two luxurious King ensuite bedrooms for ultimate comfort

-A fully stocked gourmet kitchen with stainless steel appliances and granite countertops

-A fun-filled gaming loft with arcade games and a flat-screen TV

-A second-floor balcony perfect for morning coffee or evening cocktails

-Overflow parking lot directly across the street—a major plus for vacationers

-Heated resort-style community pool and spa

-HOA-provided trolley service to and from the beach

This is a true turnkey short-term rental machine with a proven track record—over $90,000 in revenue in 2024 alone, despite owner usage. Consistently earns 5-star reviews on both Airbnb and VRBO.

Bonus Features:

-Sold fully furnished—includes outdoor grill, kitchenware, linens, and more

-Ready-to-go with vetted cleaning and maintenance vendor contacts provided

-Benefit from 100% bonus depreciation—a huge tax advantage for investors

Whether you're looking for a high-performing short-term rental, a second home, or a combination of both, this property delivers on all fronts. Don’t miss this rare opportunity to own a piece of paradise that pays for itself!

Listing Agent

Stephen Hachey

FLAT FEE MLS REALTY Brokerage Phone: 813-642-6030 License #3389117 Listed on: 07/31/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,061

Year Built

  • Built in 2012

Lot Details

  • 1,172 Sq Ft Lot
  • East Facing Home
  • Property is zoned R1

HOA Fees

  • $555 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Bi-Level Home
  • Turnkey
  • Slab Foundation

Interior Spaces

  • 2,040 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Blinds
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Game Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, maintenance structure, ground maintenance
  • Tracie Martin Association, Phone Number (850) 424-5751
  • Visit Association Website
  • Villages/Crystal Beach Subdivision

Recreation

  • Community Pool

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,061

Year Built

Built in 2012

Lot Details

0

HOA Fees

$555 per month

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 2040
  • Lot Size Acres: 0.03
  • New Construction: No
  • Year Built: 2012
  • Building Area Total: 2040
  • Lot Size Sq Ft: 1172
  • Directions to Property: Entrance off of Cobia St or Regions Way
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: RIVERVIEW
  • Escrow Postal Code: 33578
  • Escrow State: FL
  • Escrow Street Name: Bloomingdale Ridge
  • Escrow Street Number: 10521
  • List Office Head Office Key Nume: 163230503
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 443.63
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 813-642-6030
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Crown Molding, Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: No
  • Window Features: Blinds
  • Street Number Modifier: 202
  • Additional Rooms: Attic
  • Living Area Meters: 189.52
  • Room Count: 13

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Outdoor Grill
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-03-09
  • Flood Zone Panel: 12091C0493J

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Closet, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated Community - Guard, Pool, Sidewalks, Street Lights
  • Association Amenities: Gated
  • Association Fee: 555
  • Association Fee Frequency: Monthly
  • Association Name: Tracie Martin
  • Phone: 850-424-5751
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: villagesofcrystalbeach@mygreencondon.net
  • Association URL: www.thecamfirm.com

Fee Information

  • Total Annual Fees: 6660.00
  • Total Monthly Fees: 555.00
  • Monthly HOA Amount: 555.00

Lot Info

  • Zoning: R1
  • Parcel Number: 00-2S-22-1125-0000-0800
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 109

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: No
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: none

Tax Info

  • Tax Annual Amount: 10061
  • Tax Block: 00
  • Tax Book Number: 00
  • Tax Lot: 80

Multi Family

  • Approval Process: none

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,481 $869,411 $299,600 $569,811
2023 $9,481 $836,985 $280,000 $556,985
2022 $8,292 $688,086 $225,000 $463,086
2021 $5,551 $450,330 $149,940 $300,390
2020 $5,176 $403,639 $142,800 $260,839
2019 $5,178 $398,310 $142,800 $255,510
2018 $4,858 $368,566 $0 $0
2017 $4,704 $350,306 $0 $0
2016 $4,575 $342,575 $0 $0
2015 $4,355 $335,190 $0 $0
2014 $3,911 $291,648 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $905,000 -4.6% $444 / Sq Ft
07/31/2025 07/31/25 For Sale $949,000 +13.0% $465 / Sq Ft
11/02/2021 11/02/21 Sold $840,000 0.0% $412 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $840,000 -- $412 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $840,000 Championship Title Agcy Llc
Warranty Deed $345,700 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $656,000 New Conventional
Previous Owner $276,000 New Conventional
Source: Public Records

Source: Stellar MLS

MLS Number: TB8412056

Stellar MLS

APN: 00-2S-22-1125-0000-0800