$548,500
SOLD MAR 14, 2017

228 Grand Key Loop W Destin, FL 32541

6 Beds
4 Baths
2,572 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$213 Per Sq Ft

526 Days on Market

Highlights

  • Upgraded Media Wing
  • Gated Community
  • Wood Flooring
  • Destin Elementary School Rated A-
  • Beach House
  • Bonus Room

About This Home

As of March 2017

REDUCED & 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!

Last Agent to Sell the Property

Kevin Kramer

REV Realty License #3134084 Listed on: 09/07/2015

Co-Listed By

Scott Jacobs

ResortQuest Real Estate Destin

Last Buyer's Agent

Jamee Graff

WHS Real Estate License #3121359

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,705

Year Built

Built in 2007

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Lot Size: 26X45
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EAB2
  • Co List Office Phone: 850-837-4774
  • Subdivision Name: VILLAGES OF CRYSTAL BEACH
  • Directions: East on Hwy. 98 turn right onto Crystal Beach Dr. Turn left on Regions Way and The Villages will be on the right.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2007
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Bonus Room: Yes
  • Energy:AC - 2 or More: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Interior Amenities: Ceiling Crwn Molding, Floor Hardwood, Floor Tile, Floor WW Carpet, Furnished - All, Pantry, Upgraded Media Wing, Walls Wainscoting, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Curb & Gutter, Restrictions
  • Pool Features: Pool Type
  • Construction Type: Frame, Roof Tile/Slate, Siding CmntFbrHrdBrd, Slab, Stucco, Trim Vinyl
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Lot Features:Corner: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • Lot Features:Curb Gutter: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Guest
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Gated Community, Pavillion/Gazebo, Pool
  • Association #2 Fee: 953.1
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Recreational Faclty, Security, Cable TV

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 00-2S-22-1125-0000-0280
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4705.4
  • Tax Year: 2014

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

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
8.04%
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
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $600,000 Mcmichael And Gray Pc
Warranty Deed $780,000 Championship Title Agcy Llc
Warranty Deed $548,500 Emerlald Coast Title Service
Warranty Deed $375,000 Title Works
Warranty Deed $650,000 Dune Title Company Llc
Warranty Deed $400,000 Dune Title Company Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $608,000 New Conventional
Previous Owner $391,025 Purchase Money Mortgage
Previous Owner $300,000 New Conventional
Previous Owner $400,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 For Sale $1,085,000 +97.8% $422 / Sq Ft
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

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 $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

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 737739

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1125-0000-0280