228 Grand Key Loop W Destin, FL 32541
Estimated Value: $1,094,448 - $1,214,000
6
Beds
4
Baths
2,572
Sq Ft
$444/Sq Ft
Est. Value
Highlights
- Upgraded Media Wing
- Gated Community
- Wood Flooring
- Destin Elementary School Rated A-
- Beach House
- Bonus Room
About This Home
As of March 2017REDUCED & SPRUCED! New price and recent updates make this offering a compelling choice. Welcome to your dream home away from home! This phenomenal investment opportunity is three stories of pure vacation rental magic and sits on a corner lot in the gated community of the Villages of Crystal Beach. You'll find the finishes and furnishings to be top notch and completely turnkey with nothing left to do but enjoy! With 6 luxurious bedrooms and 4 fully appointed bathrooms you can comfortably accommodate 14 of your closest family and friends. Catch the community's courtesy shuttle and find yourself relaxing on Destin's famous white sand beaches in no time. Don't feel like getting sandy? This spectacular home is directly across from the tropically landscaped 35,000 sq ft zero-entry lagoon pool. The Villages of Crystal Beach subdivision is loaded with amenities including a summer kitchen and lounging areas, is just seconds from superb shopping, dining and entertainment options and is only a short 0.5 mile (or ten minute) walk to the Gulf via the Pompano Street public beach access. The dedicated walking/biking paths that run East/West (parallel to the Gulf) along Scenic Hwy 98 and numerous crosswalks make Crystal Beach ideal for families and those that enjoy an active lifestyle or just a leisurely sunset stroll along the beach. Whether you are dreaming of your own personal vacation home or looking for an investment with excellent revenue potential, this property is sure to please!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,705
Year Built
- Built in 2007
Lot Details
- 1,307 Sq Ft Lot
- Lot Dimensions are 26x45
- Property fronts a private road
- Corner Lot
HOA Fees
- $318 Monthly HOA Fees
Parking
- Guest Parking
Home Design
- Beach House
- Frame Construction
- Slate Roof
- Vinyl Trim
- Cement Board or Planked
- Stucco
- Slate
Interior Spaces
- 2,572 Sq Ft Home
- 3-Story Property
- Furnished
- Woodwork
- Crown Molding
- Wainscoting
- Ceiling Fan
- Window Treatments
- Living Room
- Dining Room
- Upgraded Media Wing
- Bonus Room
- Fire and Smoke Detector
Kitchen
- Walk-In Pantry
- Electric Oven or Range
- Self-Cleaning Oven
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Painted or Stained Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-1125-0000-0280
Community Details
Overview
- Association fees include accounting, ground keeping, recreational faclty, security, cable TV
- Villages Of Crystal Beach Subdivision
- The community has rules related to covenants
Amenities
- Community Barbecue Grill
- Community Pavilion
Recreation
- Community Pool
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 22, 2021
Sold by
Lawyer Jeremy C and Tucker Brandi
Bought by
Beach Rental Assets Llc
Total Days on Market
526
Current Estimated Value
Purchase Details
Closed on
Apr 7, 2021
Sold by
Schafer Brian M and Schafer Sierra G
Bought by
Lawyer Jeremy C and Lawyer Brandi Tucker
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 7, 2015
Closed on
Mar 8, 2017
Sold by
Knapp Richard S and Knapp Una W
Bought by
Schafer Brian M and Schafer Sierra G
Seller's Agent
Kevin Kramer
REV Realty
Buyer's Agent
Jamee Graff
WHS Real Estate
List Price
$548,500
Sold Price
$548,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
Original Mortgage
$391,025
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 8, 2011
Sold by
David M Cox Inc
Bought by
Knapp Una W and Knapp Richard S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 24, 2008
Sold by
Mack Bayou Boys Development Llc
Bought by
David M Cox Inc
Purchase Details
Closed on
Apr 2, 2007
Sold by
Creole Construction Inc
Bought by
Mack Bayou Boys Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.18%
Mortgage Type
Unknown
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Similar Homes in Destin, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Beach Rental Assets Llc | $600,000 | Mcmichael And Gray Pc | |
| Lawyer Jeremy C | $780,000 | Championship Title Agcy Llc | |
| Schafer Brian M | $548,500 | Emerlald Coast Title Service | |
| Knapp Una W | $375,000 | Title Works | |
| David M Cox Inc | $650,000 | Dune Title Company Llc | |
| Mack Bayou Boys Development Llc | $400,000 | Dune Title Company Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lawyer Jeremy C | $608,000 | |
| Previous Owner | Schafer Brian M | $391,025 | |
| Previous Owner | Knapp Una W | $300,000 | |
| Previous Owner | Mack Bayou Boys Development Llc | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2020 10/14/20 | Off Market | $548,500 | -- | -- |
| 03/14/2017 03/14/17 | Sold | $548,500 | 0.0% | $213 / Sq Ft |
| 02/14/2017 02/14/17 | Pending | -- | -- | -- |
| 09/07/2015 09/07/15 | For Sale | $548,500 | -- | $213 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $10,641 | $985,565 | $299,600 | $685,965 |
| 2023 | $10,641 | $950,618 | $280,000 | $670,618 |
| 2022 | $9,203 | $763,652 | $225,000 | $538,652 |
| 2021 | $6,129 | $499,327 | $149,940 | $349,387 |
| 2020 | $5,553 | $443,797 | $142,800 | $300,997 |
| 2019 | $5,552 | $437,683 | $142,800 | $294,883 |
| 2018 | $5,573 | $433,983 | $0 | $0 |
| 2017 | $5,390 | $412,451 | $0 | $0 |
| 2016 | $5,240 | $403,389 | $0 | $0 |
| 2015 | $5,176 | $394,600 | $0 | $0 |
| 2014 | $4,705 | $350,867 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Kramer
K
Seller's Agent in 2017
Kevin Kramer
REV Realty
62 Total Sales
-
S
Seller Co-Listing Agent in 2017
Scott Jacobs
ResortQuest Real Estate Destin
-
J
Buyer's Agent in 2017
Jamee Graff
WHS Real Estate
4 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 737739
APN: 00-2S-22-1125-0000-0280
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