$1,075,000

229 E Grand Key Loop, Destin FL, 32541

Price per sqft$413.46

Built in2006

Property size2,600 sqft

Property typeResidential

Overview

Sold

Listed Feb 25, 2025

Updated Mar 7

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. Give me a call at 850-407-7652.

Additional information

MLS^® ID: 955397

Interior Features

Bedrooms: 6
Bathrooms: 4
Cooling: Yes
Heating: Yes
Basement: No

Other Property Details

Association Fee Frequency: Quarterly
Secondary Association Fee: $1,520

Courtesy of Levin Rinke Realty,
Listing Contact: [email protected]

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Data last updated 6:58 PM UTC, 3/7/2026