Pending

229 E Grand Key Loop

Destin FL, 32541

$1,175,000


$451.92 per sqft

Pending

6 Beds

4 Baths

2,600 sqft

Residential

Built in 2006

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.

955397

MLS ID

July 24, 2024

Listed

August 26, 2024

Updated

Map

229 E Grand Key Loop
Destin FL, 32541

Interior Features

Total Stories

3


Bedrooms

6


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Interior Features

Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Floor Vinyl, Floor WW Carpet, Furnished - All, Pantry, Plantation Shutters, Washer/Dryer Hookup, Wet Bar


Appliances

Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Exterior Features

Balcony, BBQ Pit/Grill, Columns, Porch


Lot Features

Sidewalk, Within 1/2 Mile to Water


Architectual Style

Mediterranean

School Information

High School

Fort Walton Beach


Elementary School

Destin

Other Property Details

Area Name

14 - Destin


Days on Market

7


Association Fee

$1,520


Association Fee Frequency

Quarterly


Garage

No


View

No


County

Okaloosa


Pool

No


Pool Features

Pool Type


Zoning

Resid Single Family

Listing History

Date

Event

Price

7/30/2024

Pending

Courtesy of Levin Rinke Realty, Caleb P Drake,
Listing Contact: 812-243-2419 

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