When was property at 229 Grand Key Loop East built and last sold?

The property at 229 Grand Key Loop East was built in 2006 and last sold on Apr 29, 2021 for $875,000.

How much is this home worth?

The estimated value of the home located at 229 Grand Key Loop East is $1,186,750.

What are some comparable homes to 229 Grand Key Loop East?

There are currently no comparable homes to 229 Grand Key Loop East.

Destin

32541

Villages of Crystal Beach

229 E Grand Key Loop

$1,075,000

● House - Off Market

229 E Grand Key Loop

Destin, FL 32541

6 Beds

3 Baths, 1 Half Bath

$7,290

Est. Monthly

$1,520

HOA / Fees

About This Property

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 .

Unit Size

Days on Market

190 days

Land Size

Price per sqft

Property Type

House

Property Taxes

HOA Dues

$1,520

Year Built

2006

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (ECAR #955397)

Price History

Date / Event	Date	Event
Sep 3, 2025	Sold	Premium
Sold
Apr 28, 2025	In contract	-
In contract
Jul 23, 2024	Listed by Levin Rinke Realty	$1,175,000
Listed by Levin Rinke Realty
May 4, 2021	Sold	Premium
Sold
May 18, 2018	Sold	Premium
Sold
Feb 10, 2018	Listed by Levin Rinke Realty	$549,900
Listed by Levin Rinke Realty
Jun 30, 2016	Sold	Premium
Sold
Apr 8, 2016	Listed by ERA American Real Estate	$499,900
Listed by ERA American Real Estate

	ERA Distinctive Property. Escape to this remarkable, Mediterranean styled home in the gated community of Villages of Crystal Beach. This home comes completely furnished and provides many other wonderful features. Kitchen features stainless steel appliances, granite countertops, and white cabinetry. Dining area is located right off the kitchen and connects to the living room. The master bedroom is located on the first floor and includes a walk-in closet. Villages of Crystal Beach features a beautiful lagoon-style pool, spa, and private shuttle to take you to and from the beach! Home is also within walking distance of the Destin Commons, movies, and a number of great restaurants.

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 2006

Effective Year Built: 2006
Building Count: 1
Bedroom Count: 5
Bathroom Count: 4
Full Bathrooms: 4
Partial Bathrooms: 4
Building Condition: 0
Building Quality: 1
Construction Type: 0
Building Style: 0
Exterior Walls Type: 17
Interior Walls Type: 3
Roof Shape Type: 9
Roof Cover Type: 4
Floor Count: 300
Living Units: 1
Floor Cover: 13
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 59
Porch Type: 126
Pool Type: 0

Dimensions

Lot Size Square Feet: 1,170

Total Building Area: 3,050
Gross Building Area: 3,050
Building Area: 2,600
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 10
Heated Square Feet: 2,600
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: VILLAGES OF CRYSTAL BEACH
Land Acres: 0000000027
Standard Land Use Code: 1001
County Land Use Code: 000100
State Land Use Code: 001
Legal Description 1: VILLAGES OF CRYSTAL BEACH LOT 57

Neighborhood

School District Name: Okaloosa County School District

Census Tract: 023308

Geography

Parcel: 00-2S-22-1125-0000-0570

Lot: 57
Municipality: DESTIN
Latitude: 30.3875
Longitude: -86.4193

Address

Full Address: 229 Grand Key Loop E

Address - House Number: 229
Street Segment Direction: E
Address - Street Name: Grand Key
Address - Suffix Type: Loop
State: FL
City Name: Destin
Carrier Code: C020
4-Digit Zip Code: 3525
Zip Code: 32541

Valuation

Tax

Total Area: 2,735

Tax Year: 2023
Tax Amount: $865,719
Tax Rate Code Area: 010

Appraisal Valuation

Standard Deviation: 0.1946

Valuation Date: Feb 21, 2024
Confidence Score: 74
Final Value: 1,144,630
High Value: 1,367,450
Low Value: 921,809

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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Market Valuation

Market Total Value: $916,788

Market Land Value: $280,000
Market Improvement Value: $636,788

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $763,218

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Apr 29, 2021

Current Sale Recording Date: May 04, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3452364
Previous Sale Recording Date: May 18, 2018
Previous Sale Contract Date: May 16, 2018
Previous Sale Amount: $545,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

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Previous Mortgage Loan Due Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Villages of Crystal Beach

Stats & Trends

Median Asking:

$859,000

Sale Price/ft²

$413

Below Asking

0.05%

Average Days on Market

161

Average Home Size

2626 ft²

Average Home Age

19.2 years

Currently For Sale

11 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Listed by: The BE MORE Group, Levin Rinke Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 955397

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

229 E Grand Key Loop

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Villages of Crystal Beach

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions