4551 w grand key loop

Destin, FL 32541

$999,900

5 BEDS 4 BATHS
0.02 AC LOT
Residential - Single Family
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Bedrooms 5
Total Baths 4
Acreage 0.03
Status Active
MLS # 1003805
County Okaloosa
More Info
Category Residential - Single Family
Status Active
Acreage 0.03
MLS # 1003805
County Okaloosa
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

  • Style Florida Cottage
  • Construction Single Family
  • Garage No
  • Sewer Public Sewer
  • Lot Dimensions 25 X 46
  • Lot Description Covenants, Restrictions, Within 1/2 Mile to Water

Interior Features

  • Appliances Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Warranty Provided, Washer, Water Heater - Elect
  • Heating Central
  • Year Built 2010

Neighborhood & Schools

  • Subdivision VILLAGES OF CRYSTAL BEACH
  • Elementary School Destin
  • Middle School Destin
  • High School Destin

Financial Information

  • Parcel ID 00-2S-22-1125-0000-1190
  • Zoning Resid Single Family

Listing Information

Listing Provided Courtesy of Coldwell Banker Realty
Emerald Coast Association of REALTORS
Listing data is current as of 08/24/2026.

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