$1,175,000

229 E Grand Key Loop Destin, FL 32541

$10,000
Closing credit¹
6 beds
3 full, 1 partial
2,600 sqft
$452 / sqft
House

Property details

About 229 E Grand Key Loop

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.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusAccepting Backup Offers
(Contingent)
CoolingCentral Air, Ceiling Fan(s)
Size2,600 sqft
Year built2006
ParkingFront Entrance
MLS #649520

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Water Heater
  • Flooring Type: Vinyl, Carpet
  • Total Bedroom Count: 6
  • Parking: Front Entrance
  • Architectural Style: Mediterranean
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $1,175,000
  • Price/SqFt: $451
  • 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.
  • Year Built: 2006
  • Stories: 3
  • Living Area: 2,600 SqFt
  • MLS Number: 649520
  • MLS Name: Pensacola MLS
  • Office Name: Levin Rinke Realty
  • Office Email: calebdrake@levinrinkerealty.com
  • Listing Agent: Caleb Drake

Copyright © 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. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.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 displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/23/2025, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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229 E Grand Key Loop, Destin, FL 32541 - view of front of home with french doors

$1,175,000

229 E Grand Key Loop

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

8

Destin Elementary School

Public District PK-4

4.4 mi

630 Kelly St

9

Bluewater Elementary School

Public District KG-5

7.1 mi

4545 Range Rd

8

James E. Plew Elementary School

Public District KG-5

9.1 mi

220 Pine Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $65,149. The majority of Destin, FL residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

24%
<35k
47%
35k-100k
18%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

46%
Single, No Kids
6%
Single, with Kids
34%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
24%
18-34 yrs old
44%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR

Where do the neighbors shop?

  • Old NavyOld Navy
  • Stein MartStein Mart
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Cracker BarrelCracker Barrel
  • ArbysArbys

What do the neighbors drive?

  • GMCGMC
  • LexusLexus
  • KiaKia

What do the neighbors listen to?

  • New CountryNew Country
  • OldiesOldies
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 229 E Grand Key Loop

The listing price of 229 E Grand Key Loop property is $1,175,000.

The property 229 E Grand Key Loop is a house located in Destin, Florida, 32541.

Accepting Backup Offers: 229 E Grand Key Loop is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 229 E Grand Key Loop are: Destin Elementary School (GreatSchools Rating 8/10), Bluewater Elementary School (GreatSchools Rating 9/10), James E. Plew Elementary School (GreatSchools Rating 8/10), Destin Middle School (GreatSchools Rating 8/10), Lewis School (GreatSchools Rating 8/10), C.W. Ruckel Middle School (GreatSchools Rating 9/10), Niceville High School (GreatSchools Rating 6/10), Collegiate High School at Northwest Florida State College (GreatSchools Rating 9/10), Choctawhatchee High School (GreatSchools Rating 4/10).

The property at 229 E Grand Key Loop has 6 bedrooms and 3 full and 1 half bathrooms.

The property 229 E Grand Key Loop is 2,600 SqFt (source: MLS/tax record).

The year of construction for 229 E Grand Key Loop is 2006.

This home is located at 229 E Grand Key Loop in Destin, FL and zip code 32541. This 2,600 square foot home was built in 2006. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $1,175,000.

Destin, FL housing market in April 2025 saw over 1 listings sold above listed price, more than 5 sold at listed price and over 45 sold below. The number of listings in Destin, FL increased by 9% between March and April 2025. Listings spent 113 days on the market in April 2025, and had a median list price of $615,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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