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4551 W Grand Key Loop

Destin, FL 32541
  • $999,900
  • STATUS: Active
  • ON SITE: 112 Days
  • MLS #: 1003805
UPDATED: 106 min ago
$999,900
  • 5
    BEDS
  • 0.03
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,861
    SQFT
  • $349
    $/SQFT
Type:
Single-Family Home
Built:
2010
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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 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.

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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coastal Luxury. Vendor Member number: 28178. Data last updated: 2026-09-12T00:01:06.933.
Vendor Member #28178.
www.searchcoastalluxury.com/homes/176805962
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4551 W Grand Key Loop Destin, FL 32541

  • Price: $999,900
  • Status: Active
  • On Site: 112 Days
  • Updated: 106 min ago
  • MLS #: 1003805
5
Beds
4
Baths
0
½ Baths
0.03
Acres
2,861
SQFT
$349
$/SQFT
2010
Built
Neighborhood:
Villages Of Crystal Beach
County:
Okaloosa
Area:
Destin
Elementary School:
Destin
Middle School:
Destin
High School:
Destin
Property 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 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.
Exterior Features

Architectural Style Florida Cottage Carport YN No Construction Materials Trim VinylSiding CmntFbrHrdBrd Door Features [] Driveway Spaces 2 Exterior Patio Covered Exterior Features [] Foundation Details Slab Garage YN No Parking [] Parking Total 2 Patio And Porch Features Patio Covered Pool Yes Pool Features [] Roof Metal View [] Window Features Window Treatments

Interior Features

Appliance Info CooktopDishwasherDisposalDryerMicrowaveOven Self CleaningRefrigeratorRefrigerator W/IceMkStove/Oven ElectricWarranty ProvidedWasherSmooth Stovetop Rnge Appliances CooktopDishwasherDisposalDryerMicrowaveRefrigeratorWasherElectric Water Heater Basement [] Bedroom Level ThirdSecondFirst Cooling Central Air Cooling YN Yes Fireplace Features [] Flooring TileCarpet Full Bathroom Level FirstSecondThird Furnished Furnished Heating Central Heating YN Yes Interior Breakfast BarCeiling Crwn MoldingFloor TileFloor WW Carpet NewFurnished - AllOwner's ClosetPantrySplit BedroomWasher/Dryer HookupWet BarWindow Treatment AllWindow Treatmnt None Interior Features Breakfast BarCrown MoldingOwner's ClosetPantrySplit BedroomWasher/Dryer HookupWet Bar Kitchen Level First Living Room Level First Master Bed Bath MBath Double VanityMBath Garden TubMBath Separate ShwrMBath TileMBath Walk-In ClosetMBed BalconyMBed CarpetedMBed Walk-in Closet Master Bedroom Level Second Rooms Full BathroomMaster BathroomBedroomMaster BedroomCovered PorchDining RoomKitchenLaundryLiving RoomMedia Room Rooms Total 15

Property Features

Assessment Amount 1665 Assessment Paid Quarterly Association Fee Includes Maintenance GroundsLegalLicenses/PermitsManagementRecreational FacltyMaintenance StructureSecurity Association YN Yes Buyer Financing [] Community Features BBQ Pit/GrillBeachGatedPavillion/GazeboPicnic AreaPoolTV Cable Energy AC - Central ElectAC - 2 or MoreHeat Cntrl ElectricWater Heater - Elect Fees Include AccountingGround KeepingLegalLicenses/PermitsManagementRecreational FacltyRepairs/MaintenanceSecurity Fencing [] Financing Conventional Green Energy Efficient [] Immediate Occupancy No Is Subject Leased No Lot Features CovenantsRestrictionsWithin 1/2 Mile to Water Lot Parcel Access Controlled AccessPaved RoadPrivate Road Lot Size Dimensions 25 X 46 New Construction YN No Other Equipment [] Other Structures [] Property Condition Construction Complete Property Sub Type Detached Single Family Road Frontage Type Private Road Road Surface Type Paved Security Features [] Special Listing Conditions [] Tax Annual Amount 10304.88 Tax Year 2025 Utilities [] Utility Info Public SewerPublic WaterTV Cable Water Source Public Waterfront Features [] Zoning Resid Single Family Zoning Info Resid Single Family

Listing courtesy of Coldwell Banker Realty: 850-897-4563.



© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coastal Luxury. Vendor Member number: 28178. Data last updated: 2026-09-12T00:01:06.933.
Vendor Member #28178.
 
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