$1,175,000
PENDING

229 Grand Key Loop E Destin, FL 32541

Estimated payment $7,742/month

Total Views 3,151
6 Beds
3.5 Baths
2,600 Sq Ft
$452 Price per Sq Ft

Highlights

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

About This Home

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.

Listing Agent

The BE MORE Group

Levin Rinke Realty

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
  • Slate Roof
  • Concrete Siding
  • Stucco
  • Slate

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
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Floor Vinyl, Floor WW Carpet, Furnished - All, Pantry, Plantation Shutters, Washer/Dryer Hookup, Wet Bar
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Refrigerator WIceMk: Yes

Exterior Features

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

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, 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: 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
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: No

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 $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

Property History

Date Event Price Change Sq Ft Price
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
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
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®

Deed History

Date Type Sale Price Title Company
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
Open $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

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Source: Emerald Coast Association of REALTORS®

MLS Number: 955397

Emerald Coast Association of REALTORS®

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