$1,075,000
SOLD SEP 3, 2025

229 Grand Key Loop E Destin, FL 32541

6 Beds
3.5 Baths
2,600 Sq Ft
2006 Built

Recently Sold

$413 Per Sq Ft

9% Below List Price

229 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Mediterranean Architecture
  • Destin Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Furnished

About This Home

As of September 2025

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. Give me a call at 850-407-7652.

Last Agent to Sell the Property

The BE MORE Group

Levin Rinke Realty Listed on: 02/25/2025

Last Buyer's Agent

Brian Burgett

Dream Destin Realty PLLC License #3487475

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,657

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 25 x 45
  • Property fronts a private road

HOA Fees

  • $507 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Exterior Columns
  • Slab Foundation
  • Slate Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,600 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Insulated Doors
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Balcony
  • Built-In Barbecue
  • Porch

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1125-0000-0570

Community Details

Overview

  • Association fees include accounting, ground keeping, management, recreational faclty, security, cable TV
  • Villages Of Crystal Beach Subdivision

Amenities

  • Community Barbecue Grill
  • Community Pavilion

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,657

Year Built

Built in 2006

Lot Details

0

HOA Fees

$507 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 25 x 45
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: VILLAGES OF CRYSTAL BEACH
  • 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.
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 3
  • Year Built: 2006
  • 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
  • Energy:Insulated Doors: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Heat - Two or More: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Floor Vinyl, Floor WW Carpet
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Pantry, Washer/Dryer Hookup, Wet Bar
  • Window Features: Plantation Shutters
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Wet Bar: Yes
  • Interior:Plantation Shutters: Yes

Exterior Features

  • Lot Features: Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Columns: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Phone, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Gated Community, Pavillion/Gazebo, Pool
  • Association #2 Fee: 1520.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 00-2S-22-1125-0000-0570
  • Zoning: Resid Single Family
  • Lot Features Coastal Barrier Zone: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
Sep 2, 2025
Sold by
Halle Austin Lucas and Halle Cherie Kay
Bought by
Shackett Christopher John and May Tonya M
Seller's Agent
The BE MORE Group
Levin Rinke Realty
Buyer's Agent
Brian Burgett
Dream Destin Realty PLLC
List Price
$1,175,000
Sold Price
$1,075,000
Premium/Discount to List
-$100,000
-8.51%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
147.88%

Purchase Details

Closed on
Apr 29, 2021
Sold by
Thiry Jason T and Thiry Becky L
Bought by
Halle Austin Lucas and Halle Cherie Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$895,125
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Listed on
Feb 10, 2018
Closed on
May 16, 2018
Sold by
Tenn A Sea Properties Llc
Bought by
Thiry Jason Thomas and Thiry Becky Lynn
Seller's Agent
Paul Shorey
World Impact Real Estate
Buyer's Agent
Justin Elliott
WHS Real Estate
List Price
$545,000
Sold Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Original Mortgage
$436,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2016
Closed on
Jul 6, 2016
Sold by
Northpoint Investments Llc and Florida Investors Capital Llc
Bought by
Tenn-A-Sea Properties Llc
Seller's Agent
Patricia Williams
ERA American Real Estate
Buyer's Agent
Paul Shorey
ERA American Real Estate
List Price
$469,900
Sold Price
$469,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Jan 30, 2012
Sold by
J Rae Properties Llc
Bought by
Gambarella Lovencie J and Trahan Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2006
Sold by
Creole Construction Inc
Bought by
J Rae Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warranty Deed $1,075,000 Emerald Coast Title Services
Warranty Deed $875,000 Novas Title Company Llc
Warranty Deed $545,000 Attorney
Warranty Deed $469,900 --
Warranty Deed $335,100 Surety Land Title
Warranty Deed $800,000 Dune Title Company Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $895,125 VA
Previous Owner $436,000 New Conventional
Previous Owner $680,000 New Conventional
Previous Owner $720,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2025 09/03/25 Sold $1,075,000 -8.5% $413 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $1,175,000 0.0% $452 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $1,175,000 0.0% $452 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $1,175,000 +115.6% $452 / Sq Ft
07/14/2019 07/14/19 Off Market $545,000 -- --
05/16/2018 05/16/18 Sold $545,000 0.0% $210 / Sq Ft View Prior Sale
04/24/2018 04/24/18 Pending -- -- --
02/10/2018 02/10/18 For Sale $545,000 +16.0% $210 / Sq Ft
06/30/2016 06/30/16 Sold $469,900 0.0% $181 / Sq Ft View Prior Sale
05/30/2016 05/30/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $469,900 -- $181 / 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 $8,657 $786,115 -- --
2023 $8,657 $763,218 $0 $0
2022 $8,467 $740,988 $0 $0
2021 $6,074 $493,378 $149,940 $343,438
2020 $5,644 $441,058 $142,800 $298,258
2019 $5,643 $435,007 $142,800 $292,207
2018 $5,694 $433,666 $0 $0
2017 $5,512 $412,157 $0 $0
2016 $5,362 $403,107 $0 $0
2015 $5,182 $394,329 $0 $0
2014 $4,721 $352,046 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 955397

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1125-0000-0570