Turnkey Vacation Rental Gem – Steps from the Beach! Welcome to your next income-generating paradise! This beautifully furnished 4-bedroom, 3.5-bath retreat is located in the exclusive gated resort-style community of The Villages of Crystal Beach, just 2 blocks from the Gulf. Thoughtfully designed to sleep up to 12 guests, this home boasts: -Two luxurious King ensuite bedrooms for ultimate comfort -A fully stocked gourmet kitchen with stainless steel appliances and granite countertops -A fun-filled gaming loft with arcade games and a flat-screen TV -A second-floor balcony perfect for morning coffee or evening cocktails -Overflow parking lot directly across the street—a major plus for vacationers -Heated resort-style community pool and spa -HOA-provided trolley service to and from the beach This is a true turnkey short-term rental machine with a proven track record—over $90,000 in revenue in 2024 alone, despite owner usage. Consistently earns 5-star reviews on both Airbnb and VRBO. Bonus Features: -Sold fully furnished—includes outdoor grill, kitchenware, linens, and more -Ready-to-go with vetted cleaning and maintenance vendor contacts provided -Benefit from 100 Perc. bonus depreciation—a huge tax advantage for investors Whether you're looking for a high-performing short-term rental, a second home, or a combination of both, this property delivers on all fronts. Don’t miss this rare opportunity to own a piece of paradise that pays for itself!
For sale
Price cut: $20K (6/1)
$859,000
202 Kono Way, Destin, FL 32541
4beds
2,040sqft
Single Family Residence
Built in 2012
1,172 Square Feet Lot
$832,900 Zestimate®
$421/sqft
$555/mo HOA
What's special
- 337 days |
- 458 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Stephen Hachey 813-642-6030,
FLAT FEE MLS REALTY 813-642-6030
Source: Stellar MLS,MLS#: TB8412056
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Attic
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
Bedroom 2
- Features: No Closet
- Level: Second
Bedroom 3
- Features: No Closet
- Level: Second
Bedroom 4
- Features: No Closet
- Level: Second
Bathroom 1
- Level: First
Bathroom 2
- Level: First
Bathroom 3
- Level: Second
Bathroom 4
- Level: Second
Balcony porch lanai
- Level: Second
Dining room
- Level: First
Game room
- Level: Second
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
- Laundry: Inside, Laundry Closet, Upper Level
Features
- Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Doors: Outdoor Grill
- Windows: Blinds
- Has fireplace: No
Interior area
- Total structure area: 2,040
- Total interior livable area: 2,040 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch
- Exterior features: Balcony, Outdoor Grill
Lot
- Size: 1,172 Square Feet
Details
- Parcel number: 002S22112500000800
- Zoning: R1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Slab
- Roof: Other
Condition
- New construction: No
- Year built: 2012
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Public, Street Lights, Underground Utilities
Community & HOA
Community
- Features: Gated Community - Guard, Pool, Sidewalks
- Security: Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: VILLAGES/CRYSTAL BEACH
HOA
- Has HOA: Yes
- Amenities included: Gated
- Services included: Community Pool, Maintenance Structure, Maintenance Grounds, Pool Maintenance
- HOA fee: $555 monthly
- HOA name: Tracie Martin
- HOA phone: 850-424-5751
Location
- Region: Destin
Financial & listing details
- Price per square foot: $421/sqft
- Tax assessed value: $869,411
- Annual tax amount: $10,061
- Date on market: 7/31/2025
- Cumulative days on market: 335 days
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$832,900
$791,000 - $875,000
$4,502/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Price change | $859,000-2.3%$421/sqft |
Source:  ECAOR #989419 Report a problem | ||
| 5/15/2026 | Price change | $879,000-2.9%$431/sqft |
Source: ECAOR #989419 Report a problem | ||
| 8/15/2025 | Price change | $905,000-4.6%$444/sqft |
Source:  Stellar MLS #TB8412056 Report a problem | ||
| 7/31/2025 | Listed for sale | $949,000+13%$465/sqft |
Source: Stellar MLS #TB8412056 Report a problem | ||
| 10/23/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/22/2022 | Price change | $3,500+9.4%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/8/2022 | Listed for rent | $3,200$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/2/2021 | Sold | $840,000-1.2%$412/sqft |
Source: ECAOR #882086 Report a problem | ||
| 9/21/2021 | Pending sale | $850,000$417/sqft |
Source: ECAOR #882086 Report a problem | ||
| 9/19/2021 | Listed for sale | $850,000+145.9%$417/sqft |
Source: ECAOR #882086 Report a problem | ||
| 11/21/2012 | Sold | $345,700$169/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,061 +6.1% | $832,585 -0.5% |
| 2023 | $9,481 +14.3% | $836,985 +21.6% |
| 2022 | $8,292 +49.4% | $688,086 +52.8% |
| 2021 | $5,551 +7.3% | $450,330 +11.6% |
| 2020 | $5,176 0% | $403,639 +1.3% |
| 2019 | $5,178 +6.6% | $398,310 +8.1% |
| 2018 | $4,858 | $368,566 +5.2% |
| 2017 | $4,858 +3.3% | $350,306 +2.3% |
| 2016 | $4,704 +2.8% | $342,575 +2.2% |
| 2015 | $4,575 +5.1% | $335,190 +14.9% |
| 2014 | $4,355 | $291,648 +9.5% |
| 2013 | -- | $266,442 +361.7% |
| 2012 | -- | $57,713 -5% |
| 2011 | -- | $60,750 -10% |
| 2010 | -- | $67,500 -25% |
| 2009 | -- | $90,000 -10% |
| 2008 | -- | $100,000 -70.6% |
| 2007 | -- | $340,000 +13.3% |
| 2006 | -- | $300,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 32541
Nearby schools
GreatSchools rating
- 9/10Destin Middle SchoolGrades: 5-8Distance: 1 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 13.3 mi
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 4.5 mi
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A local lender can help you make sure your offer is ready when you are.
- Florida
- Okaloosa County
- Destin
- 32541
- 202 Kono Way
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