Schedule Tour
$999,900

4551 Grand Key Loop

Destin, FL
Active
5
Bedrooms
4
Bathrooms
2,861
Square Feet
0.03
Lot Size (acres)
2010
Year Built
135
Days On Market

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.

Take the 3D virtual tour →

Listing Information

Listing Updated
10 days ago
Listed By
Louann Schultz · Coldwell Banker Realty
MLS#
1003805
Source
Emerald Coast Association of REALTORS
Status
Active

Facts & Features

Location

Community Information

Address
4551 W Grand Key Loop, Destin, FL 32541
City
Destin
County
Okaloosa
Neighborhood
VILLAGES OF CRYSTAL BEACH
Zip Code
32541

Architecture

Bedrooms
5
Bathrooms
4
Stories
3
Year Built
2010
Style
Florida Cottage
Building Area
2,861 sq. ft.
Foundation
Slab
Roof
Metal
Garage Spaces
0

Features & Amenities

Interior Features
Pantry, Wet Bar, Breakfast Bar, Crown Molding
Appliances
Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer, Disposal, Cooktop, Electric Oven, Self Cleaning Oven
Flooring
Tile, Carpet
Patio and Porch
Covered, Patio
Community Features
Gated, Pool
Cooling
Central Air, Electric
Heating
Electric, Central

Property Features

Lot Size
0.03 Acres
Water
Public
Sewer
Public Sewer
Utilities
Cable Available
Zoning
Resid Single Family

Square Footage

Total
2,861 sq. ft.

Tax & Financial Information

List Price
$999,900
Annual Taxes
$10,304
Association Fee
$1,665 (paid Quarterly)
Fee Includes
Maintenance Grounds, Maintenance Structure, Security

Schools

76/100
Destin Elementary School
Elementary · Grades PK–04 · 4.4 mi
City
Destin
Students
940
Parent reviews
5.0★ avg · 2 reviews
Student body
71% White · 14% Hispanic / Latino · 7% Two or More Races
Free/reduced lunch
34%
Phone
(850) 833-4360
52/100
Destin Middle School
Middle · Grades 05–08 · 0.9 mi
City
Destin
Students
734
Student body
78% White · 11% Hispanic / Latino · 6% Two or More Races
Free/reduced lunch
30%
Phone
(850) 833-7655
52/100
Destin High School
High · Grades 09–12 · 1.5 mi
City
Destin
Students
557
Student body
77% White · 10% Hispanic / Latino · 7% Black
Free/reduced lunch
18%
Phone
(850) 424-1664
73/100
Gateway Academy
All Grades · Grades PK–08 · 4 mi · Private
City
Miramar Beach
Students
401
Student–teacher
9.8
Phone
(850) 654-9095

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
05/23/2026Listed for sale$999,900

Listed by Louann Schultz · Coldwell Banker Realty


IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

Let's work together

Start Your Real Estate Journey

Whether you have questions about this listing, want to schedule a showing, or just want to talk through your options, Alene Civil is here to help. Reach out and expect a response within one business day.

How can I help?

Alene Civil is here to help. Reach out and expect a response within one business day.

Lending calculator

Make A Plan For Your Purchase

Know what you can afford before you start shopping — then run the numbers on any home you have in mind.

How much house can I afford?

$500,000
You can afford
$0
Monthly payment
  • Principal & interest
  • Property taxes
  • Homeowner's insurance
  • HOA dues

Enter your income, debts, and down payment to see how much home you may qualify for. Estimates only — not a lending decision.

Want to know more?

Keisha is here to help. Reach out and expect a response within one business day.

Mortgage pre-approval

Your Next Chapter Starts With Just A Few Steps

Before you fall in love with a home, know what you can afford. Fill out a quick pre-approval so you're ready to make your move — on your timeline.

Keisha
Durand
Keisha
LO NMLS: #972729

Pre-approval made easy

We're here to help you find the best option, not to help the best option find you. Trust that your information will not be shared with many different lenders like so many platforms do.