Active

229 E Grand Key Loop

Destin FL, 32541

$1,175,000


$451.92 per sqft

Active

6 Beds

4 Baths

2,600 sqft

Residential

Built in 2006

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.

955397

MLS ID

February 25, 2025

Listed

March 5, 2025

Updated

Interior Features

Total Stories

3


Bedrooms

6


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Interior Features

Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Floor Vinyl, Floor WW Carpet, Furnished - All, Pantry, Plantation Shutters, Washer/Dryer Hookup, Wet Bar


Appliances

Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator W/Ice Mk, Stove/Oven Electric, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Exterior Features

Balcony, BBQ Pit/Grill, Columns, Porch


Lot Features

Sidewalk, Within 1/2 Mile to Water


Architectural Style

Mediterranean

School Information

High School

Fort Walton Beach


Elementary School

Destin

Other Property Details

Area Name

14 - Destin


Days on Market

225


Association Fee

$1,520


Association Fee Frequency

Quarterly


Garage

No


View

No


County

Okaloosa


Pool Features

Pool Type


Utilities

Electric, Phone, Public Sewer, Public Water, TV Cable


Zoning

Resid Single Family

Listing History

Date

Event

Price

2/25/2025

Active

12/2/2024

Pending

9/27/2024

Active

7/30/2024

Pending

Courtesy of Levin Rinke Realty, The BE MORE Group,
Listing Contact: [email protected] 

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