4551 Grand Key Loop W Destin, FL 32541
Destin AreaEstimated payment $6,350/month
Highlights
- Beach
- Media Room
- Gated Community
- Destin Elementary School Rated A-
- Primary Bedroom Suite
- Florida Architecture
About This Home
Luxury Meets Investment Opportunity in Crystal Beach! Proven Rental Revenue of $65,000-$105,000 Based on Actual Historical Performance. Whether you're looking for a high-performing vacation rental, a second home, or a primary residence near the beach, this exceptional property offers incredible income potential. Seller is offering $30,000 in flexible buyer credits that may be used toward closing costs, an interest rate buy-down, renovations, furnishings, or personalized updates (subject to lender approval), making this an outstanding opportunity to maximize both value and cash flow. Located in the highly desirable Villages of Crystal Beach, this spacious home combines luxury, location, and proven investment performance just minutes from the sugar-white sands and emerald waters of Destin. Welcome to 4551 Grand Key Loop, located in the highly sought-after gated community of Villages of Crystal Beach in Destin, Florida. Featuring the largest three-story floor plan in the neighborhood with approximately 2,890 square feet, this spacious home offers exceptional value and endless potential just minutes from the sugar white sands and emerald green waters of the Gulf Coast. Opportunities to own one of the largest homes in Crystal Beach with this level of buyer incentive are rare.Designed for both entertaining and comfortable beach living, the home features soaring 9-foot ceilings, oversized 8-foot doors, impressive 8-inch baseboards, hardwood flooring, and 12x12 porcelain tile throughout the main living spaces. The open concept floor plan offers expansive gathering areas, oversized bedrooms, multiple living spaces and covered porches on both the second and third floors creating the perfect setting for hosting family and guests after a day at the beach. The kitchen is equipped with 42-inch raised-panel glazed wood cabinetry, stainless steel appliances, tile backsplash, generous prep space, and ample storage.Additional highlights include two wet bars, including one in the spacious primary suite and another on the third level, along with an iPod-ready three-room sound system that enhances the home's entertainment appeal. Villages of Crystal Beach offers resort-style amenities including a spectacular 35,000-square-foot lagoon pool with waterfalls, zero-entry access, tiki bar, hot tub, grilling area and complimentary beach shuttle service to Crystal Beach located just around 900 yards away. Whether you're searching for a primary residence or vacation home in Destin, this home offers exceptional space, location and potential in one of Destin's most desirable gated beach communities.
Co-Listing Agent
The Schultz Team
Coldwell Banker Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,305
Year Built
- Built in 2010
Lot Details
- 1,307 Sq Ft Lot
- Lot Dimensions are 25 x 46
- Property fronts a private road
Parking
- 2 Parking Spaces
Home Design
- Florida Architecture
- Slab Foundation
- Vinyl Trim
- Cement Board or Planked
Interior Spaces
- 2,861 Sq Ft Home
- 3-Story Property
- Wet Bar
- Furnished
- Crown Molding
- Window Treatments
- Living Room
- Dining Room
- Media Room
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
- Split Bedroom Floorplan
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
Schools
- Destin Elementary And Middle School
- Destin High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-1125-0000-1190
Community Details
Overview
- Property has a Home Owners Association
- Association fees include ground maintenance, legal, licenses/permits, management, recreational faclty, maintenance structure, security
- Villages Of Crystal Beach Subdivision
- The community has rules related to covenants
Amenities
- Community Barbecue Grill
- Picnic Area
- Community Pavilion
Recreation
- Beach
- Community Pool
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,068 | $30,800 | ||
| 2024 | $1,748 | $24,400 | ||
| 2023 | $1,766 | $28,090 | $3,020 | $25,070 |
| 2022 | $1,692 | $23,860 | $3,130 | $20,730 |
| 2021 | $1,745 | $24,540 | $3,220 | $21,320 |
| 2020 | $1,512 | $24,540 | $3,220 | $21,320 |
| 2019 | $1,513 | $22,002 | $2,281 | $19,721 |
| 2018 | $1,313 | $21,542 | $2,297 | $19,245 |
| 2017 | $1,326 | $21,542 | $2,297 | $19,245 |
| 2016 | $1,225 | $21,333 | $2,539 | $18,794 |
| 2015 | $965 | $21,333 | $2,539 | $18,794 |
| 2014 | $929 | $20,479 | $2,539 | $17,940 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/29/2026 06/29/26 | Price Changed | $999,900 | -4.7% | $349 / Sq Ft | |
| 05/23/2026 05/23/26 | For Sale | $1,049,000 | +125.6% | $367 / Sq Ft | |
| 08/23/2012 08/23/12 | Sold | $465,000 | 0.0% | $168 / Sq Ft | View Prior Sale |
| 07/20/2012 07/20/12 | Pending | -- | -- | -- | |
| 06/27/2012 06/27/12 | For Sale | $465,000 | -- | $168 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Corporate Deed | $465,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $372,000 | New Conventional |
Source: Emerald Coast Association of REALTORS®
MLS Number: 1003805
APN: 00-2S-22-1125-0000-1190
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Ask me questions while you tour the home.