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4551 W Grand Key Loop, Destin, FL 32541

Destin, FL 32541
  • 5 Beds
  • 4 Baths
  • 2,861 Sq Ft
  • 2010 Built
  • MLS 1003805

About this home

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.

Property details

Property typeDetached Single Family
StatusActive
Area14 - Destin
SubdivisionVILLAGES OF CRYSTAL BEACH
CityDestin
CountyOkaloosa
Zip32541
StyleFlorida Cottage
Taxes$10,305
Tax year2025
HOAYes

Interior

Total rooms15
Full baths4
Half baths0
AppliancesCooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
CoolingCentral Air
HeatingCentral
FlooringTile, Carpet
Interior featuresBreakfast Bar, Crown Molding, Owner's Closet, Pantry, Split Bedroom, Washer/Dryer Hookup, Wet Bar
FurnishedFurnished

Exterior & lot

Lot size0.03 acres
Lot dimensions25 X 46
RoofMetal
Road frontagePrivate Road

Schools

ElementaryDestin
MiddleDestin
HighDestin

Community

Community featuresBBQ Pit/Grill, Beach, Gated, Pavillion/Gazebo, Picnic Area, Pool, TV Cable
DirectionsFrom Scenic Hwy 98, turn North on Cobia to the corner of Luke and Cobia. Proceed forward to gate entrance. Once in gate, take the first left, and then another left. 4551 is located around the corner.

Data source: Emerald Coast Association of REALTORS®

Location

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