Back to the market as the buyers financing fell through. We have an updated appraisal and inspection report. Villages of Crystal Beach, Known by investors for its fantastic rental return rate. This 2 story can be the next RENTAL GENERATOR to your investment portfolio. GROSS REVENUE of $70,000 in 2023 ,$53,800 in 2024 and over $50,000 on the books for 2025 as of February 23rd( please check the documents) New Master Bedroom furniture as well as newly remodeled master bathroom vanity, lighting , tile, tub and paint. New toilets throughout the home. New guest bathroom vanity, light tile and paint. New washer & dryer. New kitchen pots and pans, bar stools, couch TV and balcony fans. This private gated vacation retreat is steps from the lagoon style pool with a gradual beach-like entry
For sale
Price cut: $40K (6/2)
$799,000
235 Grand Key Loop, Destin, FL 32541
3beds
1,884sqft
Est.:
Single Family Residence
Built in 2006
1,125 Square Feet Lot
$-- Zestimate®
$424/sqft
$555/mo HOA
What's special
New toiletsBalcony fansNew washer and dryerBar stoolsCouch tvPrivate gated vacation retreatNewly remodeled master bathroom
- 163 days
- on Zillow |
- 309 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 01:55am
Listed by:
Brian M Raymond 850-520-3056,
Berkshire Hathaway HomeServices PenFed Realty
Source: ECAOR,MLS#: 969314
Originating MLS: Emerald Coast

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: MBed Balcony, MBed Sitting Area
- Level: Second
Primary bathroom
- Features: Double Vanity, Soaking Tub
Kitchen
- Level: First
Living room
- Level: First
Cooling
- Electric, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Electric Range, Electric Water Heater
Features
- Breakfast Bar, Hallway Bunk Beds, Bedroom, Bunk Room, Dining Room, Kitchen, Living Room, Master Bedroom
- Flooring: Laminate
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,884
- Total interior livable area: 1,884 sqft
Property
Parking
- Total spaces: 3
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Stories: 2
- Exterior features: Balcony
- Pool features: Community, In Ground
- Spa features: Bath
Lot
- Size: 1,125 Square Feet
- Dimensions: 25 x 45
- Features: Controlled Access
Details
- Parcel number: 002S22112500000600
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Roof Tile/Slate
Condition
- Construction Complete
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Gated, Pool
- Subdivision: Villages Of Crystal Beach
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Recreational Faclty
- HOA fee: $1,665 quarterly
Location
- Region: Destin
Financial & listing details
- Price per square foot: $424/sqft
- Tax assessed value: $746,522
- Annual tax amount: $8,429
- Date on market: 2/23/2025
- Electric utility on property: Yes
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