Sold
Last Sold Price
6 beds2,600 sqft
229 Grand Key Loop E, Destin, FL 32541
Single FamilyProperty Type
0.03 acresLot Size
2006Year Built
$413/sq ftPrice per sq ft
$1,520 / quarterHOA Fees

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...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.
  • Listed by: The BE MORE Group Brokerage DRE #1011151 • Levin Rinke Realty calebdrake@levinrinkerealty.com
Listing closed: 09/03/2025 12:00 AM • Source: ECAR, MLS#: 955397

Recent comparable sales

Median sold price

$1,023,000

Avg days on market

140

Sale-to-list ratio

90.8%

Destin, FL

9 comparable properties found

front view of a brick building
1/40
1

$1,100,000

Sold 12/02/25

6
Bedrooms
2,600
Square Feet
0.03
Acres
$1,013,250 | 4551 Village Way, Destin, FL 32541
1/24
2

$1,013,250

Sold 08/18/26

6
Bedrooms
2,572
Square Feet
Unavailable
Acres
a front view of a house with a yard
1/63
3

$975,000

Sold 04/06/26

6
Bedrooms
2,572
Square Feet
0.03
Acres
a front view of a house with a yard
1/58
4

$970,000

Sold 05/11/26

6
Bedrooms
2,338
Square Feet
0.18
Acres
a front view of a house
1/44
5

$889,000

Sold 03/19/25

6
Bedrooms
2,572
Square Feet
0.03
Acres
front view of a building
1/39
6

$1,300,000

Sold 12/09/24

6
Bedrooms
2,769
Square Feet
0.03
Acres
a front view of a house with swimming pool and porch
1/95
7

$1,155,000

Sold 03/20/26

5
Bedrooms
2,534
Square Feet
0.28
Acres
a front view of a building
1/65
8

$1,023,000

Sold 04/13/26

5
Bedrooms
2,891
Square Feet
0.03
Acres
a front view of a house with a yard
1/51
9

$1,100,000

Sold 08/15/25

5
Bedrooms
2,926
Square Feet
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Acres

Location

Listing Courtesy of Levin Rinke Realty

Sold By Dream Destin Realty PLLC

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Payment Calculator

$6,822 per month

30 year fixed, 6.71% Interest

Principal and Interest

$5,555

Property Taxes

$760

HOA Dues

$507

The Payment Calculator is for illustrative purposes only.

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Property Information for 229 Grand Key Loop East

Property Details
  • MLS Type: Residential / Detached Single Family
  • Zoning: Resid Single Family
  • Architectural Style: Mediterranean
  • Subdivision Name: VILLAGES OF CRYSTAL BEACH
Building Information
  • Stories: 3
  • Year Built: 2006
  • Lot Size: 0.03 AC / 1,125 SF
Summary
Location and General Information
  • Community Features: BBQ Pit/Grill, Gated Community, Pavillion/Gazebo, Pool
  • 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.
  • Road Frontage Type: Private Road
  • MLS Area Minor: 1404 - Destin Beach East
  • MLS Area Major: 14 - Destin
  • Latitude: 30.387486
  • Longitude: -86.419311
  • 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 BEACHLOT 57
  • Project Facilities: BBQ PitGrill2, Gated Community, PavillionGazebo2, Pool2
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Accounting, Ground Keeping, Management, Recreational Faclty, Security, Cable TV
  • Association Fee2: $1,520
  • Tax Legal Description: VILLAGES OF CRYSTAL BEACHLOT 57
  • Parcel Number: 00-2S-22-1125-0000-0570
  • Association Fee: $0
  • Association YN: Yes
School Information
  • Elementary School: Local School In County
  • Middle Or Junior School: Destin
  • High School: Local School In County
Parking
  • Carport YN: No
  • Parking Features: Front Entrance
  • Garage YN: No
  • General Property Info:Driveway Spaces: 2.0
Virtual Tour
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: 25 x 45
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Sidewalk, Within 1/2 Mile to Water
  • Building Area Total: 2600.0
  • Lot Size Square Feet: 0.0
  • Living Area: 2600.0
  • Living Area Units: Square Feet
  • General Property Info:SqFt Source: County PA Records
  • LotParcel Access: Paved Road, Private Road
  • Lot Features: Sidewalk, Within 12 Mile to Water
  • Lot Features:Coastal Barrier Zone: No
Property and Assessments
  • Road Surface Type: Paved
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Single Family Residence
  • New Construction YN: No
  • Property Attached YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Mediterranean
  • Construction Status: Construction Complete
  • Construction Siding: Concrete, Roof TileSlate, Slab, Stucco
  • Occupancy Status: Vacation Rental
Green Features
  • Green Energy Efficient: Doors
Utilities
  • Sewer: Public Sewer
  • Utilities: Electric, Phone, Public Water, TV Cable
  • Water Source: Public
  • Electric: True
  • Utilities: Electric, Phone2, Public Sewer, Public Water, TV Cable
  • Energy: AC - 2 or More, AC - Central Elect, Ceiling Fans, Heat - Two or More, Heat Cntrl Electric, Insulated Doors, Water Heater - Elect
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns
  • Construction Materials: Concrete, Stucco
  • Foundation Details: Slab
  • Stories: 3.0
  • Pool Features: Pool Type
  • Patio And Porch Features: Porch
  • Roof: Clay Tiles/Slate
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Community
  • Exterior: Balcony, BBQ PitGrill, Columns, Porch
Interior Features
  • Heating: Central
  • Cooling: Ceiling Fans, Central Air
  • Interior Features: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Pantry, Washer/Dryer Hookup, Wet Bar
  • Flooring: Floor Vinyl, Floor WW Carpet
  • Window Features: Plantation Shutters
  • Door Features: Insulated Doors
  • Room Type: Living Room, Dining Room, Kitchen, Master Bedroom, Master Bathroom, Full Bathroom, Bedroom, Utility Room
  • Rooms Total: 13.0
  • Bathrooms Total Integer: 4.0
  • Bathrooms Total Decimal: 3.5
  • Bathrooms Total Notational: 3.1
  • Cooling YN: Yes
  • Heating YN: Yes
  • Levels: Three Or More
  • Spa Features: Community
  • Laundry Features: Laundry Room
  • Bedrooms Total: 6.0
  • Bathrooms Full: 3.0
  • Bathrooms Half: 1.0
  • Interior: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Ceiling TrayCofferd, Floor Vinyl, Floor WW Carpet, Furnished - All, Pantry, Plantation Shutters, WasherDryer Hookup, Wet Bar
  • Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator WIceMk, StoveOven Electric, Washer
  • Furnished: Furnished - All
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 14.0
  • Room Width: 13.0
  • Room Dimensions: 14 x 13
Room 2
  • Room Type: Dining Room
  • Room Level: First
  • Room Length: 13.0
  • Room Width: 10.0
  • Room Dimensions: 13 x 10
Room 3
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 11.0
  • Room Width: 9.0
  • Room Dimensions: 11 x 9
Room 4
  • Room Type: Master Bedroom
  • Room Level: First
  • Room Length: 16.0
  • Room Width: 13.0
  • Room Dimensions: 16 x 13
Room 5
  • Room Type: Master Bathroom
  • Room Level: First
  • Room Length: 9.0
  • Room Width: 8.0
  • Room Dimensions: 9 x 8
Room 6
  • Room Type: Full Bathroom
  • Room Level: Second
  • Room Length: 12.0
  • Room Width: 5.0
  • Room Dimensions: 12 x 5
Room 7
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 13.0
  • Room Dimensions: 13 x 12
Room 8
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 12.0
  • Room Width: 11.0
  • Room Dimensions: 12 x 11
Room 9
  • Room Type: Utility Room
  • Room Level: Second
  • Room Length: 8.0
  • Room Width: 6.0
  • Room Dimensions: 8 x 6
Room 10
  • Room Type: Bedroom
  • Room Level: Third
  • Room Length: 12.0
  • Room Width: 11.0
  • Room Dimensions: 12 x 11
Room 11
  • Room Type: Bedroom
  • Room Level: Third
  • Room Length: 12.0
  • Room Width: 12.0
  • Room Dimensions: 12 x 12
Room 12
  • Room Type: Full Bathroom
  • Room Level: Third
  • Room Length: 10.0
  • Room Width: 6.0
  • Room Dimensions: 10 x 6
Rental
Rent Information
  • General Property Info:Immediate Occupancy: false
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 229 Grand Key Loop East

DateEvent & SourcePriceAppreciation
Sep 3, 2025

Sold

PENSACOLA #649520

$1,075,000
Sep 3, 2025

Sold

ECAR #955397

$1,075,000
Sep 3, 2025

Pending

PENSACOLA #649520

DateEvent & SourcePrice
09/03/2025

Sold

PENSACOLA #649520

$1,075,000
09/03/2025

Sold

ECAR #955397

$1,075,000
09/03/2025

Pending

PENSACOLA #649520

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

Public Records for 229 Grand Key Loop East

Taxable ValueLand-Additions-Total-
Tax Record2025$9,118 ($760 / month)
Home Facts
Beds6Total Finished SqFt2,600 SqFtAbove Grade Finished SqFt2,600 SqFtStories3Lot Size1,170 SqFtStyleSingle Family ResidenceYear Built2006CountyOKALOOSAAPN00-2S-22-1125-0000-0570

Schools near 229 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 229 Grand Key Loop East, Destin, FL 32541
$1,075,000
6
2,600
1,125
$535,000
6
2,486
1,306
$616,500
6
2,600
$1,300,000
6
2,769
1,306
$889,000
6
2,572
1,306
$721,000
4
1,950

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 Levin Rinke Realty

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.