#966779, Justin J Elliott, Listing Office: WHS Real Estate
229 E Grand Key Loop Destin, FL 32541
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
(Contingent)
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
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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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$1,175,000
229 E Grand Key Loop
$10,000
closing credit¹
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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.
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.
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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.