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229 E Grand Key Loop

Destin, FL 32541
  • $1,175,000
  • STATUS: Active Under Contract
  • ON SITE: 242 Days
  • MLS #: 649520
Under Contract
$1,175,000
  • 6
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,600
    SQFT
  • $452
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2006
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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. 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.

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© 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2025-03-22T23:54:39.017.
www.perdidokeypropertysearch.com/homes/152905746
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229 E Grand Key Loop Destin, FL 32541

  • Price: $1,175,000
  • Status: Active Under Contract
  • On Site: 242 Days
  • MLS #: 649520
6
Beds
3
Baths
1
½ Baths
N/A
Acres
2,600
SQFT
$452
$/SQFT
2006
Built
Neighborhood:
Crystal Beach
County:
Okaloosa
Area:
Destin
Elementary School:
Local School In County
Middle School:
Destin
High School:
Local School In County
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. 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.
Exterior Features

Architectural Style Mediterranean Carport YN No Construction Materials Concrete Foundation Details Slab Garage YN No Levels Three Or More Parking Features Front Entrance Pool Features None Road Surface Type Paved Roof Clay Tiles/Slate

Interior Features

Appliances Water Heater Cooling Central AirCeiling Fan(s) Cooling YN Yes Door Features Insulated Doors Flooring VinylCarpet Heating Central Heating YN Yes Laundry Features Laundry Room Room Bathroom Level Second Room Bathroom1 Level Third Room Bedroom Level Second Room Bedroom1 Level Second Room Bedroom2 Level Third Room Bedroom3 Level Third Room Bedroom4 Level First Room Dining Room Features Kitchen/Dining Combo Room Dining Room Level First Room Kitchen Features Not Updated Room Kitchen Level First Room Living Room Level First Room Master Bathroom Level First Room Master Bedroom Level First Spa Features Community

Property Features

Association Fee Frequency Annually Association YN No Building Area Total 2600 Community Features Pool Electric Copper Wiring Homestead No Horse YN No Listing Agreement Exclusive Right To Sell New Construction YN No Property Attached YN No Property Condition Resale Property Sub Type Single Family Residence Rent Restrictions No Road Responsibility Private Maintained Road Sale Rent For Sale Sale Subject To Lease No Sewer Public Sewer Water Source Public Zoning Description Res Single

Listing provided by Levin Rinke Realty: 850-916-5050.


© 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2025-03-22T23:54:39.017.
 
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The Kathy Justice Team - Levin Rinke Realty
14112 Perdido Key Dr
Perdido Key FL, 32507