tomo logo

$1,205,000

Beds
6
Baths
3.5
sq ft
2,600

223 Grand Key Loop E, Destin, FL 32541

223 Grand Key Loop E

Destin, FL 32541

  • 765 days on market
    • Price drop $25,000↓
Ask your agent about Seller paid credit. Poolside Paradise is NOT just a turn-key rental machine in one of Destin's premier gated communities; it is THE preferred 6-bedroom plan sleeping 16 guests, situated on the LOW TRAFFIC side and DIRECTLY across from Villages of Crystal Beach's iconic lagoon-style pool! Enjoy unobstructed views with NO street parking between and travel mere feet straight from your front porch to the pool's side entrance! Choosing this location is the easiest investment decision you'll make this year! Inside, find 3 levels of well-laid out space with NO CARPET to be found. The main level is comprised of an open concept living, dining, and kitchen area as well as a convenient half bath and the largest bedroom with an en suite bath. Moving up to the second floor, discover another well appointed living room with kitchenette (mini fridge, microwave, sink, cabinets) and access to one of two balconies. A bedroom with a king size bed, a 4-bed bunk room, shared full bath, and the laundry room round out the second level. The top floor features two bedrooms with queen size beds, each offering access to the balcony with stunning views of the pool, and another 2-bed bunk room. Recent improvements include: Exterior paint Interior paint Flooring Upgraded furniture All new kitchen appliances New washer and dryer Smart TVs 3 new HVAC units (2019) 2021 Gross Rental Income: $148,869 2022 Gross Rental Income: $124, 643 2023 Gross Rental Income: $104,526 Villages of Crystal Beach is perfectly located between Destin Commons and the Gulf's sugar white sand beaches. During high season, take advantage of the free beach shuttle! Now's the time to make this YOUR POOLSIDE PARADISE!

Details

Property type

Single Family Residence

Est. home value

$1,219,364

Lot size

1,307 sq ft

Price per sq ft

$464

Year built

2006

Monthly HOA fee

$506.67

Price History

11/13/2024
EmeraldCoast

EmeraldCoast #915883

Price change
$1,205,000
-2.03%
02/09/2024
EmeraldCoast

EmeraldCoast #915883

Removed
$1,230,000
01/02/2024
EmeraldCoast

EmeraldCoast #915883

Listed
$1,230,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

Gated, Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$766,428
Asking price
$1,205,000
Closing costs (~8% of asking)
-$96,400
Est. remaining loan balance
-$342,172
Cash to seller
$766,428

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Bank & Trust

Loan start date

June 2020

Original loan amount

$380,000

Est. remaining balance

$342,172

Interest rate

3.23%

Loan type

New Conventional, 30 year

Seller

Rebecca Ann Schenkel and Joseph William Schenkel

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Price drop
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219 Grand Key Loop E, Destin, FL 32541

Status: Active

Tomo last checked: 03/04/2025 at 2:50 AM

Listing updated: 12/31/2024 at 12:24 PM

Listed by: Carli S Harman, Carli S Harman, Carli S Harman, Carli S Harman, Carli S Harman, EXP Realty LLC Phone #: (850) 830-4414

MLS: EmeraldCoast #915883

EmeraldCoast logo

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