229 E Grand Key Loop E, Destin, FL 32541 - Photo 1

1/1

$1,075,000

Sold
Closed
Single Family
6 Beds
3 Full Baths
1 Partial Bath
2,600 Sq. Ft.

1/1

Property Description

Amazing Deal! BACK ON THE MARKET -- NO FAULT OF THE SELLER. 2.85% Assumable Mortgage!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. Give me a call at 850-407-7652.

Full Property Details

Full Property Details for 229 E Grand Key Loop E

General

Sold For: $1,075,000
Status: Closed
Type: Single Family
Source: Emerald_Coast
MLS ID: 955397
Added to Site: 541 day(s) ago

Interior

Rooms/Areas: Bedroom, Dining Room, Full Bathroom, Kitchen, Living Room, Master Bathroom, Master Bedroom, Utility Room
Interior Features: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Floor Vinyl, Floor WW Carpet, Furnished - All, Pantry, Plantation Shutters, Washer/Dryer Hookup, Wet Bar
Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 3
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 6

Other Rooms

Living Room: Living Room
Kitchen: Kitchen
Dining Room: Dining Room
Utility Room: Utility Room

Additional Information

Shared Amenities: BBQ Pit/Grill, Gated Community, Pavillion/Gazebo, Pool
Pool: Yes

Exterior

Exterior Features: Balcony, BBQ Pit/Grill, Columns, Porch

Location

Area: 14 - Destin
County: Okaloosa
Subdivision: Villages Of Crystal Beach
Driving Directions: From Highway 98 and the Mid Bay Bridge intersection, turn right onto Regions Way after the first right. Go through the gate at Villages of Crystal Beach and veer left after entrance. Home will be straight ahead after the stop sign.

School Information

Elementary School: Destin
Middle School: Destin
High School: Fort Walton Beach

Heating & Cooling

Heating/Cooling: AC - 2 or More, AC - Central Elect, Ceiling Fans, Heat - Two or More, Heat Cntrl Electric, Insulated Doors, Water Heater - Elect

Utilities

Utility Description: Electric, Phone, Public Sewer, Public Water, TV Cable

Structural Information

Architectural Style: Mediterranean
Construction: Concrete, Roof Tile/Slate, Slab, Stucco
Stories/Levels: 3
Square Feet: 2,600
Sq. Ft. Source: County PA Records
Year Built: 2006

Lot Features

Lot Dimensions: 25 x 45
Street/Road Desc.: Paved Road, Private Road
Lot Features: Sidewalk, Within 1/2 Mile to Water
Zoning: Resid Single Family

Financial Considerations

Assessment Amount: $1,520
Assmt Payment Freq: Quarterly
Terms: Conventional, FHA, VA

Disclosures and Reports

Legal Description: VILLAGES OF CRYSTAL BEACHLOT 57
Assessment: Yes
APN: 00-2S-22-1125-0000-0570

Listed by Levin Rinke Realty
Sold by Dream Destin Realty PLLC

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Listing agent

— 229 E Grand Key Loop E —

Levin Rinke Realty

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Schools

Schools serving 229 E Grand Key Loop E

School District:Okaloosa County School District

Name	Grades	Distance
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541	5-8	0.9 mi
Destin Elementary School 630 Kelly Street, Destin, FL 32541	PK-4	4.4 mi
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548	9-12	13.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 229 E Grand Key Loop E

Date

Details

Price

Change

Source

9/03/2025

Sold

$1,075,000

-8.51%

MLS

7/24/2024

Listed

$1,175,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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229 E Grand Key Loop E, Destin, FL 32541 (MLS# 955397) is a Single Family property that was sold at $1,075,000 on September 03, 2025. Want to learn more about 229 E Grand Key Loop E? Do you have questions about finding other Single Family real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

229 E Grand Key Loop E Destin, FL 32541