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 throughout the main living spaces. The open concept floor plan offers expansive gathering areas, oversized bedrooms, multiple living spaces and covered porches on both the second and third floors creating the perfect setting for hosting family and guests after a day at the beach. The kitchen is equipped with 42-inch raised-panel glazed wood cabinetry, stainless steel appliances, tile backsplash, generous prep space, and ample storage.Additional highlights include two wet bars, including one in the spacious primary suite and another on the third level, along with an iPod-ready three-room sound system that enhances the home's entertainment appeal. Villages of Crystal Beach offers resort-style amenities including a spectacular 35,000-square-foot lagoon pool with waterfalls, zero-entry access, tiki bar, hot tub, grilling area and complimentary beach shuttle service to Crystal Beach located just around 900 yards away. Whether you're searching for a primary residence or vacation home in Destin, this home offers exceptional space, location and potential in one of Destin's most desirable gated beach communities.
68 days
|
329
|
19
|
Zillow last checked:
Listing updated:
Listed by:
Louann Schultz850-461-3717,
Coldwell Banker Realty,
The Schultz Team850-461-3717,
Coldwell Banker Realty
Source: ECAOR,MLS#: 1003805
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
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
See how much you could borrow to make a competitive offer.