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Sold for $1,075,000
  • $1,075,000

    229 Grand Key Loop E, Destin, FL 32541

    6beds
    2,600sqft
    Single Family Residence
    Built in 2006
    1,176.12 Square Feet Lot
    $1,066,600 Zestimate®
    $413/sqft
    $4,629 Estimated rent

    Home value

    $1,066,600

    $971,000 - $1.17M

    $4,629/mo

    Zestimate® history
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    What's special

    Amazing Deal! BACK ON THE MARKET -- NO FAULT OF THE SELLER. 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. You’d be crazy not to run your numbers on this one… This stunning three-story home features a durable clay tile roof and concrete siding, giving you peace of mind for years to come. The first floor is wheelchair accessible and includes the kitchen, open living room and dining room, and primary bedroom and bath. The fully furnished home includes a fully equipped kitchen and ample linens, a wet bar on the second floor, and a ton of new furniture. Each bedroom and living area is equipped with a smart TV, integrating modern technology seamlessly into the living experience. Located in a prestigious gated community, residents enjoy a zero-entry heated lagoon pool, hot tub, and tiki hut right outside the front door. The community also offers a complimentary beach shuttle and is within walking distance to the beach, mall, shopping centers, restaurants, movie theaters, and Whole Foods grocery. Security is paramount, with round-the-clock gated community security providing peace of mind. Don’t miss the chance to own this luxurious property in Grand Key Loop, offering both a high-end lifestyle and a sound investment opportunity.

    Zillow last checked: 7 hours ago

    Listing updated: March 04, 2026 at 07:18pm

    Listed by:

    Caleb Drake 812-243-2419,

    Levin Rinke Realty

    Bought with:

    Outside Area Selling Agent

    PAR Outside Area Listing Office

    Source: PAR,MLS#: 649520MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Second
    • Area: 156
    • Dimensions: 13 x 12
    Bedroom 1
    • Level: Second
    • Area: 132
    • Dimensions: 12 x 11
    Bedroom 2
    • Level: Third
    • Area: 132
    • Dimensions: 12 x 11
    Bedroom 3
    • Level: Third
    • Area: 144
    • Dimensions: 12 x 12
    Bedroom 4
    • Level: First
    • Area: 132
    • Dimensions: 12 x 11
    Bathroom
    • Level: Second
    • Area: 60
    • Dimensions: 12 x 5
    Bathroom 1
    • Level: Third
    • Area: 60
    • Dimensions: 10 x 6
    Dining room
    • Level: First
    • Area: 130
    • Dimensions: 13 x 10
    Kitchen
    • Level: First
    • Area: 99
    • Dimensions: 11 x 9
    Living room
    • Level: First
    • Area: 182
    • Dimensions: 14 x 13
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Water Heater
    • Laundry: Laundry Room
    Features
    • Flooring: Vinyl, Carpet
    • Doors: Insulated Doors
    • Has basement: No
    Interior area
    • Total structure area: 2,600
    • Total interior livable area: 2,600 sqft

    Property

    Parking
    • Parking features: Front Entrance
    Features
    • Levels: Three Or More
    • Stories: 3
    • Pool features: None, Community
    • Spa features: Community
    Lot
    • Size: 1,176 sqft
    Details
    • Parcel number: 002s22112500000570
    • Zoning description: Res Single

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Concrete
    • Foundation: Slab
    • Roof: Clay Tiles/Slate
    Condition
    • Resale
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Electric: Copper Wiring
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Destin
    • Subdivision: Crystal Beach

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Price range: $1.1M - $1.1M
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/3/2025Sold$1,075,000-8.5%$413/sqft
    Source: PAR #649520 Report a problem
    3/12/2025Pending sale$1,175,000$452/sqft
    Source: ECAOR #955397 Report a problem
    3/10/2025Contingent$1,175,000$452/sqft
    Source: PAR #649520 Report a problem
    2/25/2025Listed for sale$1,175,000$452/sqft
    Source: PAR #649520 Report a problem
    12/2/2024Pending sale$1,175,000$452/sqft
    Source: PAR #649520 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,855 +2.3%$786,115 +3%
    2023$8,657 +2.3%$763,218 +3%
    2022$8,467 +39.4%$740,988 +50.2%

    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Local School In County
    • Middle: DESTIN
    • 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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    Sell for more on Zillow
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    $1,066,600
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    +$21,332
    With Zillow Showcase(estimated)
    $1,087,932