Sold
Last Sold Price
6 beds3,262 sqft
199 Grand Key Loop E, Destin, FL 32541
Single FamilyProperty Type
0.03 acresLot Size
2016Year Built
$429/sq ftPrice per sq ft
$450/moHOA Fees

Description

DREAM INVESTMENT OPPORTUNITY, Destin's premier short term rental community! Estimate over $150-160k+ for full time rental, Owner limits rental weeks to 20-25 weeks/year. . Even with limited rentals, ROI consistently incredible, exceeding $120k/year. Owner Blocked off upwards of 10+ weeks a year for personal use . LARGEST and NEWEST built (2016) 4-story, 6 bedroom/4 bath home in the Villages of Crystal Beach in pristine condition. Fully furnished, immaculate, truly turnkey property! 12 Beds-Sleeps...DREAM INVESTMENT OPPORTUNITY, Destin's premier short term rental community! Estimate over $150-160k+ for full time rental, Owner limits rental weeks to 20-25 weeks/year. . Even with limited rentals, ROI consistently incredible, exceeding $120k/year. Owner Blocked off upwards of 10+ weeks a year for personal use . LARGEST and NEWEST built (2016) 4-story, 6 bedroom/4 bath home in the Villages of Crystal Beach in pristine condition. Fully furnished, immaculate, truly turnkey property! 12 Beds-Sleeps 16. 1 owner-used as a 2nd home & top preforming, privately managed beach rental. Short-term rentals limited & carefully vetted to keep property in NEW condition. Professional and tastefully decorated in elegant Coastal style. Upgrades GALORE including: Custom Millwork (Trimmed Windows, Wainscoting, Board & Batten, Shiplap), Premium high-end Appliances, Light Fixtures. 4 owner lockout closets in property, with one accessible from the outside (only house in neighborhood with this). Brand new AC. Brand new wood flooring in bedrooms. Owner has on hand in lockout closets 1-2+ years of all new linens, covers, etc for easy replacement. All furnishings and decorations included. The Villages of Crystal Beach is gated community with phenomenal rentals, alavish lagoon style pool. The pool is the largest private pool in the entire Crystal Beach area, boasting waterfalls, landscaped rock island, hot tub, gazebo area, large bathrooms, and covered tables for eating. Neighborhood trolley to escort guests too and from the beach. Not in flood zone. Perfect location in Destin with only a 5 minute leisurely walk to world famous beaches and .3 mile to huge outdoor shopping mall, including Whole Foods.
  • Listed by: Douglas E Addeo 561.852.1341 addeod@comcast.net • Community Realty Associates
Listing closed: 11/16/2021 12:00 AM • Source: ECAR, MLS#: 882711

Recent comparable sales

Median sold price

$1,075,000

Avg days on market

174

Sale-to-list ratio

93.1%

Destin, FL

9 comparable properties found

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Square Feet
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Location

Listing Courtesy of Community Realty Associates

Sold By Corcoran Reverie SRB

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Payment Calculator

$8,237 per month

30 year fixed, 6.71% Interest

Principal and Interest

$7,235

Property Taxes

$552

HOA Dues

$450

The Payment Calculator is for illustrative purposes only.

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Property Information for 199 Grand Key Loop East

Property Details
  • Taxes: $6,625 / year
  • MLS Type: Residential / Detached Single Family
  • Zoning: Deed Restrictions
  • Architectural Style: Beach House
  • Subdivision Name: VILLAGES OF CRYSTAL BEACH
Building Information
  • Stories: 4
  • Year Built: 2016
  • Lot Size: 0.03 AC / 1,306 SF
Summary
Location and General Information
  • Community Features: Pool
  • Directions: Emerald Coast Pkwy to South on Crystal Beach Dr, turn Left on Regions Way, turn Rt on Viallge Way, turn Rt on Grand Key Loop W, road bends to the left and becomes Grand Key Loop E
  • MLS Area Minor: 1404 - Destin Beach East
  • MLS Area Major: 14 - Destin
  • Latitude: 30.386182
  • Longitude: -86.419897
  • Location Tax and Legal:Sub Area: 1404 - Destin Beach East
  • Location Tax and Legal:Elementary School: Destin
  • Location Tax and Legal:Middle School: Destin
  • Location Tax and Legal:High School: Fort Walton Beach
  • Location Tax and Legal:Legal Description: VILLAGES OF CRYSTAL BEACH LOT 43
  • Project Facilities: Pool2
Taxes and HOA
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Ground Keeping, Trash
  • Association Fee2: $450
  • Tax Legal Description: VILLAGES OF CRYSTAL BEACH LOT 43
  • Parcel Number: 00-2S-22-1125-0000-0430
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $6,625
  • Listing Info Tax Legal:Last Taxes: $6,625
  • Listing Info Tax Legal:Last Tax Year: 2020.0
School Information
  • Elementary School: Destin
  • Middle Or Junior School: Destin
  • High School: Fort Walton Beach
Parking
  • Carport YN: No
Property
Lot Information
  • Building Area Source: Building Plan
  • Lot Size Dimensions: 25x46
  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Sidewalk
  • Building Area Total: 3262.0
  • Lot Size Square Feet: 1306.8
  • General Property Info:SqFt Source: Building Plan
  • LotParcel Access: Paved Road
  • Lot Features: Sidewalk
Property and Assessments
  • Road Surface Type: Paved
  • Tax Year: 2020.0
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2016.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Beach House
  • Construction Status: Construction Complete
  • Construction Siding: Roof Metal, Slab
  • Occupancy Status: Vacation Rental
Utilities
  • Utilities: Public Sewer, Public Water
  • Utilities: Public Sewer, Public Water
  • Energy: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Construction Materials: Roof Metal, Slab
  • Stories: 4.0
  • Pool Features: Pool Type
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Community
  • Exterior: Balcony
Interior Features
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • Interior Features: Ceiling Vaulted, Floor Tile, Floor Vinyl, Furnished - All, Pantry, Washer/Dryer Hookup, Wet Bar
  • Room Type: Living Room, Kitchen, Master Bedroom, Bedroom
  • Rooms Total: 8.0
  • Bathrooms Total Integer: 4.0
  • Bathrooms Total Decimal: 4.0
  • Bathrooms Total Notational: 4.0
  • Cooling YN: Yes
  • Heating YN: Yes
  • Bedrooms Total: 6.0
  • Bathrooms Full: 4.0
  • Bathrooms Half: 0.0
  • Interior: Ceiling Vaulted, Floor Tile, Floor Vinyl, Furnished - All, Pantry, WasherDryer Hookup, Wet Bar
  • Appliances: Dishwasher, Disposal, Dryer, Fire AlarmSprinkler, Microwave, Refrigerator, Smoke Detector, StoveOven Electric
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 10.0
  • Room Width: 10.0
  • Room Dimensions: 10 x 10
Room 2
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 8.0
  • Room Width: 8.0
  • Room Dimensions: 8 x 8
Room 3
  • Room Type: Master Bedroom
  • Room Level: Second
  • Room Length: 10.0
  • Room Width: 10.0
  • Room Dimensions: 10 x 10
Room 4
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 10.0
  • Room Width: 10.0
  • Room Dimensions: 10 x 10
Room 5
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 10.0
  • Room Width: 10.0
  • Room Dimensions: 10 x 10
Room 6
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 10.0
  • Room Width: 10.0
  • Room Dimensions: 10 x 10
Room 7
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 10.0
  • Room Dimensions: 10 x 10
Room 8
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 10.0
  • Room Width: 10.0
  • Room Dimensions: 10 x 10
Rental
Rent Information
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 199 Grand Key Loop East

DateEvent & SourcePriceAppreciation
Nov 16, 2021

Sold

ECAR #882711

$1,400,000
Nov 12, 2021

Sold (Public Record)

Public Record #1477816147

$1,400,000

+15.9% / yr

Sep 30, 2021

Pending

ECAR #882711

DateEvent & SourcePrice
11/16/2021

Sold

ECAR #882711

$1,400,000
11/12/2021

Sold (Public Record)

Public Record #1477816147

$1,400,000

+15.9% / yr

09/30/2021

Pending

ECAR #882711

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 199 Grand Key Loop East

Taxable ValueLand$308,588Additions$772,576Total$1,081,164
Tax Record2025$12,805 ($1,067 / month)
Home Facts
Beds6Total Finished SqFt3,227 SqFtAbove Grade Finished SqFt3,227 SqFtStories4Lot Size1,150 SqFtStyleSingle Family ResidenceYear Built2016CountyOKALOOSAAPN00-2S-22-1125-0000-0430

Schools near 199 Grand Key Loop East

This home is within Okaloosa County School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Destin Elementary School
PublicPK to 4

Destin Middle School
Public5 to 8

Fort Walton Beach High School
Public9 to 12

Destin High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Community Realty Associates

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.