4551 W Grand Key Loop
Destin, FL 32541
$999,900
Active
Description
Luxury Meets Investment Opportunity in Crystal Beach! Proven Rental Revenue of $65,000-$105,000 Based on Actual Historical Performance. Whether you're looking for a high-performing vacation rental, a second home, or a primary residence near the beach, this exceptional property offers incredible income potential. Seller is offering $30,000 in flexible buyer credits that may be used toward closing costs, an interest rate buy-down, renovations, furnishings, or personalized updates (subject to lender approval), making this an outstanding opportunity to maximize both value and cash flow. Located in the highly desirable Villages of Crystal Beach, this spacious home combines luxury, location, and proven investment performance just minutes from the sugar-white sands and emerald waters of Destin. Welcome to 4551 Grand Key Loop, located in the highly sought-after gated community of Villages of Crystal Beach in Destin, Florida. Featuring the largest three-story floor plan in the neighborhood with approximately 2,890 square feet, this spacious home offers exceptional value and endless potential just minutes from the sugar white sands and emerald green waters of the Gulf Coast. Opportunities to own one of the largest homes in Crystal Beach with this level of buyer incentive are rare.Designed for both entertaining and comfortable beach living, the home features soaring 9-foot ceilings, oversized 8-foot doors, impressive 8-inch baseboards, hardwood flooring, and 12x12 porcelain tile
Listing details MLS# 1003805
Location, Tax and Legal
- Area
- 14 - Destin
- Sub area
- 1404 - Destin Beach East
- Subdivision
- VILLAGES OF CRYSTAL BEACH
- County
- Okaloosa
- Parcel ID
- 00-2S-22-1125-0000-1190
- Tax year
- 2025
- Annual tax
- 10304.88
- Legal description
- VILLAGES OF CRYSTAL BEACH LOT 119
- Zoning
- Resid Single Family
General Property Info
- Property type
- Residential
- Year built
- 2010
- Acreage
- 0.03
- Lot size (sq ft)
- 1306.8
- Lot dimensions
- 25 X 46
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 5
- Bathrooms
- 4
- Full baths
- 4
- Half baths
- 0
- Building area
- 2861
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Floor Tile, Floor WW Carpet New
- Interior features
- Breakfast Bar, Ceiling Crwn Molding, Owner's Closet, Pantry, Split Bedroom, Washer/Dryer Hookup, Wet Bar
- Appliances
- Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Warranty Provided, Washer, Water Heater - Elect
- Total rooms
- 15
Exterior and Site
- Construction
- Siding CmntFbrHrdBrd, Trim Vinyl
- Roof
- Roof Metal
- Foundation
- Slab
- Patio and porch
- Patio Covered
- Pool features
- Pool Type
- Road surface
- Paved
- Road frontage
- Private Road
Utilities
- Utilities
- Public Water, TV Cable
- Sewer
- Public Sewer
Schools
- Elementary
- Destin
- Middle school
- Destin
- High school
- Destin
Association and Fees
- Association
- Yes
- Fee includes
- Accounting, Ground Keeping, Legal, Licenses/Permits, Management, Recreational Faclty, Repairs/Maintenance, Security
Remarks and Misc
- Directions
- From Scenic Hwy 98, turn North on Cobia to the corner of Luke and Cobia. Proceed forward to gate entrance. Once in gate, take the first left, and then another left. 4551 is located around the corner.