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.
Contingent
$1,175,000
229 Grand Key Loop E, Destin, FL 32541
6beds
2,600sqft
Est.:
Single Family Residence
Built in 2006
1,176.12 Square Feet Lot
$-- Zestimate®
$452/sqft
$-- HOA
What's special
- 374 days
- on Zillow |
- 48 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: June 30, 2025 at 12:47pm
Listed by:
Caleb Drake 812-243-2419,
Levin Rinke Realty
Source: PAR,MLS#: 649520

Travel times
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
Video & virtual tour
Property
Parking
- Parking features: Front Entrance
Features
- Levels: Three Or More
- Stories: 3
- Pool features: None, Community
- Spa features: Community
Lot
- Size: 1,176.12 Square Feet
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 & HOA
Community
- Subdivision: Crystal Beach
HOA
- Has HOA: No
Location
- Region: Destin
Financial & listing details
- Price per square foot: $452/sqft
- Tax assessed value: $916,788
- Annual tax amount: $8,657
- Price range: $1.2M - $1.2M
- Date on market: 7/24/2024
- Road surface type: Paved
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