229 Grand Key Loop E

Destin FL 32541

2600 sq. ft.

Single-Family

Last sold for $1,075,000

Caleb Drake, last sold this property on 03 September 2025 after 406 days on market.

Overview

ASSUMABLE LOAN AT 2.85% INTEREST! This exceptional FULLY FURNISHED 6-bedroom, 3.5-bathroom residence offers an incredible investment opportunity with an assumable mortgage at a remarkably low rate of 2.85% 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. You?d be crazy not to run your numbers on this one? This stunning three-story home features a durable clay tile roof and concrete siding, giving you peace of mind for years to come. The first floor is wheelchair accessible and includes the kitchen, open living room and dining room, and primary bedroom and bath. The fully furnished home includes a fully equipped kitchen and ample linens, a wet bar on the second floor, and a ton of new furniture. Each bedroom and living area is equipped with a smart TV, integrating modern technology seamlessly into the living experience. Located in a prestigious gated community, residents enjoy a zero-entry heated lagoon pool, hot tub, and tiki hut right outside the front door. The community also offers a complimentary beach shuttle and is within walking distance to the beach, mall, shopping centers, restaurants, movie theaters, and Whole Foods grocery. Security is paramount, with round-the-clock gated community security providing peace of mind. Don?t miss the chance to own this luxurious property in Grand Key Loop, offering both a high-end lifestyle and a sound investment opportunity.

Features

6 bedrooms

4 bathrooms

2600 sq. ft. floor area

Single-Family

Estimated Value

Based on this property and similar 6 bedroom single-family properties sold in Destin over the last 12 months, the estimated median property value of 229 Grand Key Loop E is $1.49m.

Median value

$1.49m

Estimated value range

$970k - $10.09m

Median days on market

157

Estimated value trend

-21%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Destin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.