Homes for sale - 229 E Grand Key Dr, Destin, FL 32541

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LPT Realty

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Listed by Caleb Drake • Levin Rinke Realty

$ 1,175,000

Est. payment | -/mo

6 Beds

3.5 Baths

2,600 SqFt

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$ 1,175,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

3.5 Baths

2,600 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $451

Subdivision Crystal Beach

MLS Listing ID 649520

Style Mediterranean

Bedrooms 6

Full Baths 3

Half Baths 1

HOA Y/N No

Originating Board Pensacola MLS

Year Built 2006

Property Description

Amazing Deal! BACK ON THE MARKET -- NO FAULT OF THE SELLER. 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. You’d be crazy not to run your numbers on this one… This stunning three-story home features a durable clay tile roof and concrete siding, giving you peace of mind for years to come. The first floor is wheelchair accessible and includes the kitchen, open living room and dining room, and primary bedroom and bath. The fully furnished home includes a fully equipped kitchen and ample linens, a wet bar on the second floor, and a ton of new furniture. Each bedroom and living area is equipped with a smart TV, integrating modern technology seamlessly into the living experience. Located in a prestigious gated community, residents enjoy a zero-entry heated lagoon pool, hot tub, and tiki hut right outside the front door. The community also offers a complimentary beach shuttle and is within walking distance to the beach, mall, shopping centers, restaurants, movie theaters, and Whole Foods grocery. Security is paramount, with round-the-clock gated community security providing peace of mind. Don’t miss the chance to own this luxurious property in Grand Key Loop, offering both a high-end lifestyle and a sound investment opportunity.

Location

State FL

County Okaloosa

Zoning Res Single

Rooms

Dining Room Kitchen/Dining Combo

Kitchen Not Updated

Interior

Heating Central

Cooling Central Air, Ceiling Fan(s)

Flooring Vinyl, Carpet

Appliance Water Heater

Exterior

Parking Features Front Entrance

Pool None

Community Features Pool

View Y/N No

Roof Type Clay Tiles/Slate

Garage No

Building

Faces 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.

Story 3

Water Public

Structure Type Concrete

New Construction No

Others

Tax ID 002S22112500000570

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