OFF MARKET

Off Market Nov 2021 for $1.4M

$1,344,904

Est. refi paymentEst. refi $741/mo

•

3,262

sq ft

199 E Grand Key Loop, Destin, FL 32541

About this home

DREAM INVESTMENT OPPORTUNITY, Destin's premier short term rental community!!! Estimate over $150-160k+ for full time rental, Owner limits rental weeks to 20-25 weeks/year. . Even with limited rentals, ROI consistently incredible, exceeding $120k/year. Owner Blocked off upwards of 10+ weeks a year for personal use .LARGEST and NEWEST built (2016) 4-story, 6 bedroom/4 bath home in the Villages of Crystal Beach in pristine condition. Fully furnished, immaculate, truly turnkey property! 12 Beds-Sleeps 16. 1 owner-used as a 2nd home & top preforming, privately managed beach rental. Short-term rentals limited & carefully vetted to keep property in NEW condition. Professional and tastefully decorated in elegant Coastal style. Upgrades GALORE including: Custom Millwork (Trimmed Windows, Wainscoting, Board & Batten, Shiplap), Premium high-end Appliances, Light Fixtures. 4 owner lockout closets in property, with one accessible from the outside (only house in neighborhood with this). Brand new AC. Brand new wood flooring in bedrooms. Owner has on hand in lockout closets 1-2+ years of all new linens, covers, etc for easy replacement. All furnishings and decorations included. The Villages of Crystal Beach is gated community with phenomenal rentals, alavish lagoon style pool. The pool is the largest private pool in the entire Crystal Beach area, boasting waterfalls, landscaped rock island, hot tub, gazebo area, large bathrooms, and covered tables for eating. Neighborhood trolley to escort guests too and from the beach. NOT IN FLOOD ZONE. Perfect location in Destin with only a 5 minute leisurely walk to world famous beaches and .3 mile to huge outdoor shopping mall, including Whole Foods.

Single-familyProperty Type

2016Year Built

1,306 sq ftLot Size

$412Est. Price/Sq.Ft.

Listed by Douglas Addeo • Community Realty Associates

Bought with Laura Calhoun • Corcoran Reverie SRB

Redfin checked: a minute ago

•Source:ECAR #882711

Redfin Estimate

$1,344,904

$55K since sold in November 2021$6,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 29.7% higher than the average sale price ($1.04M) of 6 comparable homes.

SOLD AUG 18, 2026
$1,013,250
A
6 beds4 baths2,572 sq ft
4551 Village Way, Destin, FL 32541
SOLD APR 13, 2026
$1,023,000
B
5 beds4 baths2,891 sq ft
4553 E Grand Key Loop, Destin, FL 32541
SOLD APR 6, 2026
$975,000
C
6 beds4 baths2,572 sq ft
228 Grand Key Loop W, Destin, FL 32541
SOLD SEP 1, 2026
$1,350,000
D
4 beds4.5 baths2,824 sq ft
64 Dolphin St, Destin, FL 32541
SOLD DEC 2, 2025
$1,100,000
E
6 beds3.5 baths2,600 sq ft
234 Kono Way, Destin, FL 32541
SOLD JUN 9, 2026
$760,000
F
4 beds3.5 baths2,040 sq ft
207 Kono Way, Destin, FL 32541

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Earn from this home

Sell

$250,622

Est. take-home

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Refinance

Est. cash available

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Rent

$5,174/mo

Redfin rental estimate

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Market trends in 32541, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.4%

+0.2% MoM

Median sale price

$605K

$25K MoM

Avg. days on market

99d

7 days MoM

Recently sold homes

245

11 MoM

New listings for sale

NEW 27 MINS AGO
$188,000
1 bed1 bath920 sq ft
4030 Dancing Cloud Ct #351, Destin, FL 32541
NEW 28 HRS AGO
$450,000
2 beds2 baths987 sq ft
502 Gulf Shore Dr #311, Destin, FL 32541
$389,500
3 beds2.5 baths1,544 sq ft
219 Twin Lakes Ln, Destin, FL 32541
$320,000
2 beds2 baths970 sq ft
4207 Indian Bayou Trl #21103, Destin, FL 32541
$1,490,000
4 beds3.5 baths1,562 sq ft
57 Sunfish St, Destin, FL 32541
$235,000
1 bed1 bath738 sq ft
4000 Gulf Terrace Dr Unit 131, Destin, FL 32541
$215,000
1 bed1 bath920 sq ft
4040 Dancing Cloud Ct Unit 325, Destin, FL 32541
3D WALKTHROUGH
$925,000
3 beds3 baths2,084 sq ft
371 Terrapin Trce, Destin, FL 32541
$559,000
3 beds2 baths1,684 sq ft
322 Cypress St, Destin, FL 32541
$1,099,000
4 beds4 baths1,626 sq ft
10 Harbor Blvd Unit W1126, Destin, FL 32541
See all

Provided by Redfin

Sale history for 199 E Grand Key Loop

Date

Event

Price

ECAR #882711

Nov 16, 2021

Sold

$1,400,000

$429/sq ft

Nov 16, 2021

Sold

$1,400,000

$429/sq ft

Oct 1, 2021

Pending

—

Sep 28, 2021

Listed

$1,349,000

$414/sq ft

Sep 28, 2021

Listed

$1,349,000

$414/sq ft

+27

NAMLS #721317

Nov 1, 2015

Listing Removed

—

Jan 20, 2015

Listed

$599,900

$184/sq ft

Jan 20, 2015

Listed

$599,900

$184/sq ft

NAMLS #602677

Sep 27, 2013

Listing Removed

—

Aug 13, 2013

Listed

$399,000

$122/sq ft

Aug 13, 2013

Listed

$399,000

$122/sq ft

Public Records

Jul 18, 2013

Sold

$110,000

$34/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$12,805 (−9.7%)

$308,588 + $772,576

$1,081,164

2024

$14,177 (+5.9%)

$308,588 + $772,576

$1,081,164

2023

$13,386 (+14.5%)

2022

$11,692 (+50.4%)

2021

$7,773 (+17.3%)

$225,000 + $745,249

$970,249

2020

$6,625 (+0.1%)

2019

$6,617 (+1.8%)

$142,800 + $376,684

$519,484

2018

$6,500 (+3.1%)

$115,688 + $380,758

$496,446

2017

$6,304 (+319.7%)

$108,120 + $364,600

$472,720

2016

$1,502 (+13.4%)

$108,120 + $364,600

$472,720

2015

$1,324 (+16.4%)

$100,000

2014

$1,137

Tax history for 199 E Grand Key Loop

Year

Property tax

Land + Additions

Assessment*

2025

$12,805 (−9.7%)

$308,588 + $772,576

$1,081,164

2024

$14,177 (+5.9%)

$308,588 + $772,576

$1,081,164

2023

$13,386 (+14.5%)

2022

$11,692 (+50.4%)

2021

$7,773 (+17.3%)

$225,000 + $745,249

$970,249

2020

$6,625 (+0.1%)

2019

$6,617 (+1.8%)

$142,800 + $376,684

$519,484

2018

$6,500 (+3.1%)

$115,688 + $380,758

$496,446

2017

$6,304 (+319.7%)

$108,120 + $364,600

$472,720

2016

$1,502 (+13.4%)

$108,120 + $364,600

$472,720

2015

$1,324 (+16.4%)

$100,000

2014

$1,137

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1,150 Sq. Ft.

Year renovated

2016

Sq. Ft.

3,227

Year built

2016

Style

Single Family Residential

County

Okaloosa County

APN

002S22112500000430

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 21, 2026.

ROI-TD

Residential, Office and Institutional Tourist Development District

The Residential, Office, and Institutional - Tourist Development zoning district shall apply to areas developed, redeveloped and maintained and conserved as areas that accommodate: business and professional offices; seasonal single-family detached or multi-family attached residential dwelling units; institutional uses; and commercial hotel, motel, bed and breakfast establishments and other commercial transient living accommodations. General retail sales and services are allowed but must be integrated in a planned unit development designed to support the surrounding residential neighborhoods. ROI-TD zoning district shall only be allowed on subject properties that abut or are located south of Harbor Boulevard/Emerald Coast Parkway as delineated on the zoning map. It is the intent of the ROI - TD zoning district to specifically not allow the following uses to be located in the district: permanent single-family detached or multi-family attached residential dwelling units; and all non-residential uses not previously listed above.

Permitted uses

Include but are not limited to:

Day care facility
Laundromat
General retail
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Other
Hotel / motel
Post office
Veterinary clinic

Property details

Parking

Parking Information
No
No

Interior

Virtual Tour
Branded Virtual Tour: https://view.paradym.com/idx/199-Grand-Key-Loop-East-Destin-FL-32541/4674218
UnBranded Virtual Tour: https://view.paradym.com/idx/199-Grand-Key-Loop-East-Destin-FL-32541/4674218

Bedroom Information
Bedrooms: 6
Bedroom: Second
Master Bedroom: Second

Bathroom Information
Full Baths: 4
Half Baths: 0
Total Baths: 4.00
Master Bedroom/Master Bath: MBath Double Vanity, MBath Garden Tub, MBath Separate Shwr

Room Information
Rooms: Bedroom, Kitchen, Living Room, Master Bedroom
Kitchen: First
Living Room: First

Room 1
Living Room
Area: 100.00
Dimensions: 10 x 10
Length: 10.00
Width: 10.00
Level: 1

Room 2
Kitchen
Area: 64.00
Dimensions: 8 x 8
Length: 8.00
Width: 8.00
Level: 1

Room 3
Master Bedroom
Area: 100.00
Dimensions: 10 x 10
Length: 10.00
Width: 10.00
Level: 2

Room 4
Bedroom
Area: 100.00
Dimensions: 10 x 10
Length: 10.00
Width: 10.00
Level: 2

Room 5
Bedroom
Area: 100.00
Dimensions: 10 x 10
Length: 10.00
Width: 10.00
Level: 2

Room 6
Bedroom
Area: 100.00
Dimensions: 10 x 10
Length: 10.00
Width: 10.00
Level: 2

Room 7
Bedroom
Area: 100.00
Dimensions: 10 x 10
Length: 10.00
Width: 10.00
Level: 2

Room 8
Bedroom
Area: 100.00
Dimensions: 10 x 10
Length: 10.00
Width: 10.00
Level: 2

Interior Features
Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric
Interior: Ceiling Vaulted, Floor Tile, Floor Vinyl, Furnished - All, Pantry, Washer/Dryer Hookup, Wet Bar

Exterior

Exterior Features
Has Pool
Pool Type: Community
Exterior: Balcony

Lot Information
Acreage: 0.03
Lot Dimensions: 25x46
Lot Features: Sidewalk
Lot/Parcel Access: Paved Road
Zoning: Deed Restrictions

Building Information
Construction Status: Construction Complete
Construction/Siding: Roof Metal, Slab

Financial

Tax Information
Last Tax Year: 2020
Last Taxes: 6625.24

Financial Information
Mortgage Type: Conventional
Brokerage Interest: No Interest

Utilities

Utility Information
Utilities: Public Sewer, Public Water
Energy: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect

Location

Assessment Information
Assessment Fees: Yes
Assessment Amount: 450.00
Assessment Paid: Monthly

Homeowners Association Information
Fees Include: Ground Keeping, Trash
New Buyer Fee
%

School Information
Elementary School: Destin
Middle School: Destin
High School: Fort Walton Beach

Location Information
Sub Area: 1404 - Destin Beaches East
Area: 14 - Destin
Street #: 199
Street Direction: E
Street Name: Grand Key
Street Suffix: Loop
City: Destin
County: Okaloosa
State: FL
Zip Code: 32541
Project Name/Subdivision: VILLAGES OF CRYSTAL BEACH
Absolute Longitude: 86.419897
Longitude: -86.419897
Latitude: 30.386182
Directions: Emerald Coast Pkwy to South on Crystal Beach Dr, turn Left on Regions Way, turn Rt on Viallge Way, turn Rt on Grand Key Loop W, road bends to the left and becomes Grand Key Loop E

Project Facilities
Pool

Public facts

Beds: 6
Baths: 4.0
Sq. Ft.: 3,227
Stories: 4.0
Lot Size: 1,150 square feet
Style: Single Family Residential
Year Built: 2016
Year Renovated: 2016
County: Okaloosa County
APN: 002S22112500000430

Home facts updated by county records on Apr 21, 2026

Other

Listing Price Information
List Price: 1349000.00
List Price/SqFt: 413.55

Property Information
Apx SqFt(Htd/Cooled): 3262.00
Design: Beach House
Sub-Type: Detached Single Family

Around this home

Schools

Destin Middle School

Public 5-8 • Assigned • 1.0mi

9/10

Fort Walton Beach High School

Public 9-12 • Assigned • 13.3mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 103° expected this year, 22 days in 30 years

9/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Destin, FL • 32541

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.3 hours in June and 5.4 hours in December, placing it above the U.S. average for solar exposure.

9.3 hrs

5.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.28M – $1.55M

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Nearby similar homes

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NEW CONSTRUCTION3D WALKTHROUGH

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New listings for sale in 32541

NEW 27 MINS AGO

$188,000

1 bed1 bath920 sq ft

4030 Dancing Cloud Ct #351, Destin, FL 32541

NEW 28 HRS AGO

$450,000

2 beds2 baths987 sq ft

502 Gulf Shore Dr #311, Destin, FL 32541

$389,500

3 beds2.5 baths1,544 sq ft

219 Twin Lakes Ln, Destin, FL 32541

$320,000

2 beds2 baths970 sq ft

4207 Indian Bayou Trl #21103, Destin, FL 32541

$1,490,000

4 beds3.5 baths1,562 sq ft

57 Sunfish St, Destin, FL 32541

$235,000

1 bed1 bath738 sq ft

4000 Gulf Terrace Dr Unit 131, Destin, FL 32541

$215,000

1 bed1 bath920 sq ft

4040 Dancing Cloud Ct Unit 325, Destin, FL 32541

3D WALKTHROUGH

$925,000

3 beds3 baths2,084 sq ft

371 Terrapin Trce, Destin, FL 32541

$559,000

3 beds2 baths1,684 sq ft

322 Cypress St, Destin, FL 32541

Home values near 199 E Grand Key Loop

Data from public records.

Address	Redfin Estimate
206 Grand Key Loop West, Destin, FL 6 Beds \| 5.5 Baths \| 2925 Sq. Ft.	$1,184,477
4551 West Grand Key Loop, Destin, FL 5 Beds \| 4 Baths \| 2861 Sq. Ft.	—

Address	Redfin Estimate
4553 Grand Key Loop East, Destin, FL 5 Beds \| 4 Baths \| 2891 Sq. Ft.	$1,086,198
4555 Grand Key Loop East, Destin, FL 5 Beds \| 4 Baths \| 2891 Sq. Ft.	$1,031,840

Address	Redfin Estimate
204 Grand Key Loop West, Destin, FL 6 Beds \| 5.5 Baths \| 2925 Sq. Ft.	$1,178,485
209 East Grand Key Loop, Destin, FL 5 Beds \| 4 Baths \| 2769 Sq. Ft.	—

Property information provided by ECAR when last listed in 2021. This data may not match . Learn more.

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