This beautifully furnished 4-bedroom, 3.5-bath home features 2 King Ensuites, a gourmet kitchen with new stainless steel appliances and granite counters, plus a bonus loft and custom-built bunk beds. It generated over $106,000 in 2023, with projections for even higher earnings in 2024. Located in a gated community, just steps from Destin Commons and two blocks from the beach, this property is perfect for multi-family vacations. Investors can also take advantage of BONUS depreciation and tax savings before year-end.
Sold for $885,000 on 02/24/25
$885,000
200 Grand Key Loop, Destin, FL 32541
4beds
2,040sqft
Single Family Residence
Built in 2012
-- sqft lot
$887,400 Zestimate®
$434/sqft
$-- Estimated rent
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Home value
$887,400
$808,000 - $967,000
Not available
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 24, 2025 at 01:38pm
Listed by:
Outside Area Selling Agent,
PAR Outside Area Listing Office
Bought with:
Kimberley Gibbons
Emerald Coast Realty Pros
Source: PAR,MLS#: 659631
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Area: 224
- Dimensions: 16 x 14
Kitchen
- Level: First
- Area: 210
- Dimensions: 15 x 14
Living room
- Level: First
- Area: 255
- Dimensions: 17 x 15
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater
Features
- Flooring: Tile, Carpet
- Has basement: No
Interior area
- Total structure area: 2,040
- Total interior livable area: 2,040 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Features: Central Access
Details
- Parcel number: 002s22112500000410
- Zoning description: Res Single
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 2012
Utilities & green energy
- Electric: Copper Wiring
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Destin
- Subdivision: None
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $19,980 annually
- Services included: Maintenance Grounds, Trash
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2025 | Sold | $885,000-1.6%$434/sqft |
Source:  PAR #659631 | ||
| 1/15/2025 | Pending sale | $899,000$441/sqft |
Source:  ECAOR #958077 | ||
| 11/11/2024 | Listed for sale | $899,000$441/sqft |
Source: ECAOR #958077 | ||
| 10/28/2024 | Listing removed | $899,000$441/sqft |
Source: ECAOR #958077 | ||
| 9/18/2024 | Price change | $899,000-2.8%$441/sqft |
Source: ECAOR #958077 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,160 +6.1% | $840,804 -0.5% |
| 2023 | $9,574 +14.3% | $845,166 +21.6% |
| 2022 | $8,374 +49.4% | $694,879 +52.8% |
Find assessor info on the county website
Neighborhood: 32541
Nearby schools
GreatSchools rating
- 8/10Destin Middle SchoolGrades: 5-8Distance: 0.9 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 13.2 mi
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 4.4 mi
Schools provided by the listing agent
- Elementary: Local School In County
- Middle: LOCAL SCHOOL IN COUNTY
- High: Local School In County
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$887,400
2% more+ $17,748
With Zillow Showcase(estimated)
$905,148