Skip main navigation
For sale
  • $999,900

    4551 Grand Key Loop, Destin, FL 32541

    5beds
    2,861sqft
    : 
    $6,519/mo
    Get pre-qualified
    Single Family Residence
    Built in 2010
    1,306 Square Feet Lot
    $-- Zestimate®
    $349/sqft
    $-- HOA

    What's special

    Porcelain tileResort-style lagoon poolHuge game roomTiki barMultiple outdoor decksHardwood flooring
    $30,000 TO USE YOUR WAY! SPACIOUS CRYSTAL BEACH RETREAT WITH MULTIPLE DECKS, HUGE GAME ROOM & RENTAL HISTORY! Looking for a beach home with room for everyone? Welcome to 4551 Grand Key Loop, one of the largest homes in the gated Villages of Crystal Beach community, offering approximately 2,861 square feet, multiple outdoor decks, a spacious game room, and $30,000 in flexible seller concessions! Whether you're searching for a vacation getaway, an investment property, or a place to call home, this three-story Destin retreat offers the space and versatility to make it your own. THE SELLER IS OFFERING $30,000 IN FLEXIBLE BUYER CONCESSIONS! Depending on your financing and lender approval, these funds may be used toward closing costs, an interest rate buy-down, or other eligible expenses. This gives buyers valuable flexibility when purchasing and personalizing their beach home. Inside, you'll find 5 bedrooms, 4 bathrooms, and generous living spaces designed for gathering and entertaining. The home features 9-foot ceilings, oversized 8-foot doors, impressive 8-inch baseboards, hardwood flooring, and porcelain tile. With one of the largest floor plans in the community, there's plenty of room for guests to spread out and enjoy their stay. THE HUGE GAME ROOM IS A STANDOUT FEATURE! Perfect for movie nights, games, entertaining, or simply giving everyone their own space to relax. Multiple outdoor decks extend the living areas outside, offering inviting places to enjoy morning coffee, coastal breezes, or a quiet evening after a day at the beach. Located in the gated Villages of Crystal Beach, residents and guests enjoy a resort-style lagoon pool, tiki bar, and seasonal beach shuttle service, all just minutes from Destin's beautiful white-sand beaches, shopping, restaurants, and entertainment. CONSIDERING A VACATION RENTAL? These properties have a documented rental history ranging from approximately $65,000 to $105,000 in annual revenue, offering valuable insight for buyers exploring its investment potential. Whether you plan to rent the home, enjoy it personally, or combine both, the flexible layout and desirable location provide several possibilities. With approximately 2,890 square feet, 5 bedrooms, 4 bathrooms, a huge game room, multiple decks, resort-style community amenities, and $30,000 in seller concessions, 4551 Grand Key Loop offers plenty to consider. Come experience the space, location, and possibilities for yourself. Schedule your private showing today!
    162 days
    236
    22

    Zillow last checked:

    Listing updated:

    Listed by:

    Louann Schultz 850-461-3717,

    Coldwell Banker Realty,

    The Schultz Team 850-461-3717,

    Coldwell Banker Realty

    Source: ECAOR,MLS#: 1003805MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Primary bedroom
      • Level: Second
      • Area: 234 Square Feet
      • Dimensions: 18 x 13
      Bedroom
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 14 x 12
      Bedroom
      • Level: Second
      • Area: 165 Square Feet
      • Dimensions: 15 x 11
      Bedroom
      • Level: Third
      • Area: 154 Square Feet
      • Dimensions: 14 x 11
      Bedroom
      • Level: Third
      • Area: 100 Square Feet
      • Dimensions: 10 x 10
      Primary bathroom
      • Level: Second
      • Area: 108 Square Feet
      • Dimensions: 12 x 9
      Bathroom
      • Level: First
      • Area: 81 Square Feet
      • Dimensions: 9 x 9
      Bathroom
      • Level: Second
      • Area: 50 Square Feet
      • Dimensions: 10 x 5
      Bathroom
      • Level: Third
      • Area: 64 Square Feet
      • Dimensions: 8 x 8
      Other
      • Level: Second
      • Area: 85 Square Feet
      • Dimensions: 17 x 5
      Dining room
      • Level: First
      • Area: 108 Square Feet
      • Dimensions: 12 x 9
      Kitchen
      • Level: First
      • Area: 132 Square Feet
      • Dimensions: 12 x 11
      Laundry
      • Level: First
      • Area: 36 Square Feet
      • Dimensions: 6 x 6
      Living room
      • Level: First
      • Area: 288 Square Feet
      • Dimensions: 18 x 16
      Media room
      • Level: Third
      • Area: 299 Square Feet
      • Dimensions: 23 x 13
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Breakfast Bar, Crown Molding, Owner's Closet, Pantry, Split Bedroom, Wet Bar
      • Flooring: Tile, Carpet
      • Windows: Window Treatments
      • Furnished: Yes
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,861
      • Total interior livable area: 2,861 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      Features
      • Stories: 3
      • Patio & porch: Covered
      Lot
      • Size: 1,306 Square Feet
      • Dimensions: 25 x 46
      • Features: Covenants, Restrictions, Within 1/2 Mile to Water
      Details
      • Parcel number: 002S22112500001190
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Florida Cottage
      • Property subtype: Single Family Residence
      Materials
      • Trim Vinyl, Siding CmntFbrHrdBrd
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2010

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Beach, Gated, Pavillion/Gazebo, Picnic Area, Pool, TV Cable
      • Subdivision: VILLAGES OF CRYSTAL BEACH
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Legal, Licenses/Permits, Management, Recreational Faclty, Maintenance Structure, Security
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $349/sqft
      • Tax assessed value: $961,009
      • Annual tax amount: $10,304
      • Date on market: 5/23/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/29/2026Price change$999,900-4.7%$349/sqft
        Source: ECAOR #1003805 Report a problem
        5/23/2026Listed for sale$1,049,000+125.6%$367/sqft
        Source: ECAOR #1003805 Report a problem
        8/23/2012Sold$465,000$163/sqft
        Source: ECAOR #562758 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,305 -1.7%$794,483 +10%
        2024$10,483 +5.2%$722,257 -30.8%
        2023$9,962 +16%$1,043,384 +23.1%
        2022$8,591 +26.3%$847,501 +53.1%
        2021$6,804 +10.2%$553,609 +12.2%
        2020$6,172 +0.1%$493,311 +1.5%
        2019$6,167 +2.1%$486,156 +3.4%
        2018$6,040 $470,380 +5%
        2017$6,040 +3.2%$447,814 +2.3%
        2016$5,853 +2.9%$437,823 +1.8%
        2015$5,687 -0.1%$429,883 -2.8%
        2014$5,695 $442,249 +10.7%
        2013-- $399,526 +28.1%
        2012-- $311,973 -14.2%
        2011-- $363,692 +438.8%
        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

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32541

        Getting around

        56 / 100
        Somewhat Walkable
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Destin
        • Middle: Destin
        • High: Destin

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts