4551 W Grand Key Loop, Destin, FL

$999,900

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5

Beds

4

Baths

2,861

Square feet

0.03

Acres

About 4551 W Grand Key Loop

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.

Features of 4551 W Grand Key Loop

MLS® # 1003805
Price $999,900
Bedrooms 5
Bathrooms 4.00
Full Baths 4
Square Footage 2,861
Acres 0.03
Year Built 2010
Type Residential
Sub-Type Detached Single Family
Style Florida Cottage
Status Active

Community Information

Address 4551 W Grand Key Loop
Area 14 - Destin
Subdivision VILLAGES OF CRYSTAL BEACH
City Destin
County Okaloosa
State FL
Zip Code 32541

Amenities

Utilities Public Sewer, Public Water, TV Cable

Interior

Interior Features Breakfast Bar, Crown Molding, Owner's Closet, Pantry, Split Bedroom, Washer/Dryer Hookup, Wet Bar
Appliances Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
Heating Central
Cooling Central Air
# of Stories 3

Exterior

Lot Description Covenants, Restrictions, Within 1/2 Mile to Water
Windows Window Treatments
Roof Metal
Construction Trim Vinyl, Siding CmntFbrHrdBrd
Foundation Slab

School Information

Elementary Destin
Middle Destin
High Destin

Additional Information

Zoning Resid Single Family

Listing Details

OfficeColdwell Banker Realty

Listing Map

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