229 E Grand Key Dr
Destin, FL 32541
2600 sqft | 6 beds | 3.5 baths | #649520
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.
Property Details
- Property SubtypeSingle Family Residence
- Elementary SchoolLocal School In County
- High SchoolLocal School In County
- Date ClosedApril 01, 2025
- SubdivisionCrystal Beach
- Sewer InformationPublic Sewer
- Original List Price$1,175,000
- Property TypePurchase
- CountyOkaloosa
- Cost1175000
- Utility SourcePublic
- Middle SchoolDestin
- MLS #649520
- MLS #649520
- Square Feet2600
- Year Built2006
- FoundationSlab
- Bathrooms3.5
- Bedrooms6
- Full Baths3
- Half Baths1
Location
Legal
Copyright© 2022 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: . Source: PAR (FL)
Listing Courtesy
Listing Agent: Caleb Drake (#16205)
Listing Office: Levin Rinke Realty (#LRRR02)
Listing Courtesy (Buyer)
Buyer's Agent: Tonya Zimmern (#15277)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.