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  • Price$1,175,000
  • Beds6
  • Baths4
  • SQ. Feet2,600
  • Built2006

229 E Grand Key Lp, DESTIN

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.

Essential Information

  • MLS® #955397
  • Price$1,175,000
  • Bedrooms6
  • Bathrooms4.00
  • Full Baths3
  • Half Baths1
  • Square Footage2,600
  • Acres0.00
  • Year Built2006
  • TypeResidential
  • Sub-TypeDetached Single Family
  • StyleMediterranean
  • StatusActive

Amenities

  • AmenitiesBBQ Pit/Grill, Gated Community, Pavillion/Gazebo, Pool
  • UtilitiesElectric Available, Phone Available, Public Sewer Available, Public Water Available, TV Cable Available
  • Has PoolYes
  • PoolCommunity

Exterior

  • ExteriorRoof Tile/Slate, Foundation Slab On Grade, Siding Stucco, Concrete
  • Exterior FeaturesBalcony, BBQ Pit/Grill, Columns, Porch Covered
  • Lot DescriptionSidewalk, Within 1/2 Mile Of Water
  • RoofRoof Tile/Slate
  • FoundationFoundation Slab On Grade

Additional Information

  • Days on Website3
  • ZoningResidential Single Family
  • HOA Fees1520.00
  • HOA Fees Freq.Quarterly

Community Information

  • Address229 E Grand Key Lp
  • AreaDestin
  • SubdivisionVILLAGES OF CRYSTAL BEACH
  • CityDESTIN
  • CountyOKALOOSA
  • StateFL
  • Zip Code32541

Interior

  • Interior FeaturesBreakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Floor Vinyl, Floor WW Carpet, Furnished - All, Pantry, Plantation Shutters, Washer/Dryer Hookup, Wet Bar
  • AppliancesDishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator W/Ice Maker, Stove/Oven Electric, Washer
  • HeatingHeat: Central Electric, Heat: Two Or More
  • CoolingA/C: Two Or More, A/C: Central Electric, Ceiling Fans
  • # of Stories3

School Information

  • ElementaryDESTIN
  • MiddleDESTIN
  • HighFORT WALTON BEACH

Listing Details

  • Listing OfficeLevin Rinke Realty
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