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$1,049,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 2,861 Sq. Ft.
  • Updated 20 hours ago
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Luxury Meets Opportunity in Crystal Beach with a $40,000 Buyer Credit! Seller is offering flexible 'use-any-way' funds that may be applied toward closing costs, interest rate buy-downs, renovations, furnishings, or personalized updates, creating a rare opportunity for buyers to customize this Destin beach home while reducing upfront expenses. Welcome to 4551 Grand Key Loop, located in the highly sought-after gated community of Villages of Crystal Beach in Destin, Florida. Featuring the largest three-story floor plan in the neighborhood with approximately 2,890 square feet, this spacious home offers exceptional value and endless potential just minutes from the sugar white sands and emerald green waters of the Gulf Coast. Opportunities to own one of the largest homes in Crystal Beach with this level of buyer incentive are rare.Designed for both entertaining and comfortable beach living, the home features soaring 9-foot ceilings, oversized 8-foot doors, impressive 8-inch baseboards, hardwood flooring, and 12x12 porcelain tile throughout the main living spaces. The open-concept floor plan offers expansive gathering areas, oversized bedrooms, multiple living spaces, and covered porches on both the second and third floors, creating the perfect setting for hosting family and guests after a day at the beach. The kitchen is equipped with 42-inch raised-panel glazed wood cabinetry, stainless steel appliances, tile backsplash, generous prep space, and ample storage. Additional highlights include two wet bars, including one in the spacious primary suite and another on the third level, along with an iPod-ready three-room sound system that enhances the home's entertainment appeal. Villages of Crystal Beach offers resort-style amenities including a spectacular 35,000-square-foot lagoon pool with waterfalls, zero-entry access, tiki bar, hot tub, grilling area and complimentary beach shuttle service to Crystal Beach located just around 900 yards away. Whether you're searching for a primary residence or vacation home in Destin, this home offers exceptional space, location and potential in one of Destin's most desirable gated beach communities.

Full Property Details for 4551 W Grand Key Loop

General

  • Price: $1,049,000
  • Taxes: $10,304 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 1003805
  • Updated: 5/22/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Complex Features: BBQ Pit/Grill, Beach, Gated Community, Pavillion/Gazebo, Picnic Area, Pool, TV Cable

Interior

  • Number of Rooms: 15
  • Interior Features: Breakfast Bar, Ceiling Crwn Molding, Owner's Closet, Pantry, Split Bedroom, Washer/Dryer Hookup, Wet Bar
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Warranty Provided, Washer, Water Heater - Elect
  • Furnishings: Furnished - All
  • Flooring: Floor Tile, Floor WW Carpet New

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Pool: Yes
  • Pool Description: Pool Type

Exterior

  • Porch/Patio/Deck: Patio Covered

Location

  • Area: 14 - Destin
  • County: Okaloosa
  • Subdivision: VILLAGES OF CRYSTAL BEACH
  • Driving Directions: From Scenic Hwy 98, turn North on Cobia to the corner of Luke and Cobia. Proceed forward to gate entrance. Once in gate, take the first left, and then another left. 4551 is located around the corner.

School Information

  • Elementary School: Destin
  • Middle School: Destin
  • High School: Destin

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Ground Keeping, Legal, Licenses/Permits, Management, Recreational Faclty, Repairs/Maintenance, Security

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central
  • Heating/Cooling: Central, Central Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Public Water, TV Cable

Structural Information

  • Architectural Style: Florida Cottage
  • Construction: Siding CmntFbrHrdBrd, Trim Vinyl
  • Exterior Const.: Siding CmntFbrHrdBrd, Trim Vinyl
  • Stories/Levels: 3
  • Square Feet: 2,861
  • Sq. Ft. Source: County PA Records
  • Year Built: 2010

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,306.8
  • Lot Dimensions: 25 x 46
  • Frontage: Private Road
  • Street/Road Desc.: Paved
  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
  • Zoning: Resid Single Family

Financial Considerations

  • Assessment Amount: $1,665
  • Tax Amount: $10,304.88
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: VILLAGES OF CRYSTAL BEACH LOT 119
  • APN: 00-2S-22-1125-0000-1190
  • Property ID: 00-2S-22-1125-0000-1190
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 4551 W Grand Key Loop —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 4551 W Grand Key Loop

School District:Okaloosa County School District
NameGradesDistance
Destin Middle School
4608 Legendary Marina Drive, Destin, FL 32541
5-80.9 mi
Destin Elementary School
630 Kelly Street, Destin, FL 32541
PK-44.4 mi
Fort Walton Beach High School
400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548
9-1213.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4551 W Grand Key Loop Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2026
Listed
$1,049,000
125.59%
MLS
8/23/2012
Sold
$465,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4551 W Grand Key Loop

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,305
-2%
$961,009
-11%
2024
$10,483
5%
$1,080,524
4%
2023
$9,962
46%
$1,043,384
88%
2021
$6,804
-21%
$553,609
-35%
2022
$8,591
26%
$847,501
72%
2021
$6,804
10%
$493,311
1%
2019
$6,167
2%
$486,156
3%
2018
$6,040
3%
$470,380
5%
2017
$5,853
3%
$447,814
2%
2016
$5,687
—
$437,823
2%
2015
$5,695
-4%
$429,883
-3%
2014
$5,914
9%
$442,249
11%
2013
$5,402
—
$399,526
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4551 W Grand Key Loop, Destin, FL 32541 (MLS# 1003805) is a Single Family property with 5 bedrooms and 4 full bathrooms. 4551 W Grand Key Loop is currently listed for $1,049,000 and was received on May 23, 2026. This property is listed by The Schultz Team from our Niceville Office.Want to learn more about 4551 W Grand Key Loop? 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.

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