4551 W Grand Key Loop, Destin, FL 32541

$999,900

Virtual Tour

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Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,861 Lot Size (sq. ft.): 1,307 Status: Active

Current Price: $999,900 List Date: 5/23/2026 Last Modified: 9/24/2026

Overview

Description

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 ... (Read more)

Supplements: 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 cabinet ... (Read more)

Listing Details MLS# 1003805

Contract Info

List Price/SqFt: 349.49
Listing Board: Emerald Coast

Location Tax and Legal

Area: 14 - Destin
Street #: 4551
Street Direction: W
Street Name: Grand Key
Street Suffix: Loop
State: FL
Zip Code: 32541
County: Okaloosa
Project Name/Subdivision: VILLAGES OF CRYSTAL BEACH
Parcel ID: 00-2S-22-1125-0000-1190

General Property Info

Sub-Type: Detached Single Family
Design: Florida Cottage
Apx SqFt(Htd/Cooled): 2861
SqFt Source: County PA Records
Full Baths: 4
Total Bathrooms: 4
# Stories: 3
Year Built: 2010
Immediate Occupancy: No
Garage: No
Carport: No
Driveway Spaces: 2
Acreage: 0.03
Pool: Yes
Pool Type: Community

More Information

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Restrictions; Within 1/2 Mile to Water Zoning: Resid Single Family Project Facilities: BBQ Pit/Grill; Beach; Gated Community; Pavillion/Gazebo; Picnic Area; Pool; TV Cable Exterior: Patio Covered Interior: Breakfast Bar; Ceiling Crwn Molding; Floor Tile; Floor WW Carpet New; Furnished - All; Owner's Closet; Pantry; Split Bedroom; Washer/Dryer Hookup; Wet Bar; Window Treatment All; Window Treatmnt None Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Oven Self Cleaning; Refrigerator; Refrigerator W/IceMk; Smooth Stovetop Rnge; Stove/Oven Electric; Warranty Provided; Washer Utilities: Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: Second Bedroom: First; Second; Third Kitchen: First Living Room: First Full Bathroom: First; Second; Third Rooms: Bedroom; Covered Porch; Dining Room; Full Bathroom; Kitchen; Laundry; Living Room; Master Bathroom; Master Bedroom; Media Room Financing: Conventional Fees Include: Accounting; Ground Keeping; Legal; Licenses/Permits; Management; Recreational Faclty; Repairs/Maintenance; Security

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	18 x 16	18.00	16.00
Kitchen	First	12 x 11	12.00	11.00
Dining Room	First	12 x 9	12.00	9.00
Bedroom	First	14 x 12	14.00	12.00
Full Bathroom	First	9 x 9	9.00	9.00
Laundry	First	6 x 6	6.00	6.00
Bedroom	Second	15 x 11	15.00	11.00
Full Bathroom	Second	10 x 5	10.00	5.00
Covered Porch	Second	17 x 5	17.00	5.00
Master Bedroom	Second	18 x 13	18.00	13.00
Master Bathroom	Second	12 x 9	12.00	9.00
Media Room	Third	23 x 13	23.00	13.00
Bedroom	Third	14 x 11	14.00	11.00
Full Bathroom	Third	8 x 8	8.00	8.00
Bedroom	Third	10 x 10	10.00	10.00

Documents

Investment & Income Opportunity ›

Listing Office: Coldwell Banker Realty

Last Updated: September - 24 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.