229 E Grand Key Dr Active Save Request In-Person Tour Request Virtual Tour
Destin,FL 32541
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
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
Garage Front Entrance
Pool None
Community Features Pool
Waterfront No
View Y/N No
Roof Type Clay Tiles/Slate
Parking Type Front Entrance
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