229 E Grand, Destin, FL 32541

$1,075,000
6
BD
4
BA
2,600
SqFt

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Sold Price
$1,075,000
List Price
$1,175,000
Closing Date
Sep 03, 2025
Days on Market
190
MLS#
955397
Status
CLOSED
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
6
Bathrooms
4
Full Bathrooms
3
Half Bathrooms
1
Living Area
2,600
Neighborhood
Destin Beach East

Property Description

Amazing Deal! BACK ON THE MARKET -- NO FAULT OF THE SELLER. 2.85% Assumable Mortgage! This exceptional FULLY FURNISHED 6-bedroom, 3.5-bathroom residence offers an incredible investment opportunity with an assumable mortgage at a remarkably low rate giving you a low monthly payment of $5,628. The buyer WILL need to cover the equity difference, but the seller is open to allowing a non-VA buyer to assume this wonderful rate. This home already generates between $100,000 and $120,000 annually while being self-managed, and with professional management, it is estimated to gross between $120,000 and $150,000 annually. Priced well below comparable properties, this investment offers the best price per square foot in the neighborhood, making it one of the best deals available. Give me a call at 850-407-7652.

Additional Information

Appliances
Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
Style
Mediterranean
Elementary School
Destin
Exterior Features
Outdoor Grill, Balcony, Columns
High School
Fort Walton Beach
Interior Features
Breakfast Area, Crown Molding, Vaulted/Cathedral Ceilings, Tray Ceiling(s), Pantry, Washer Hookup, Bar-Wet
Legal Description
VILLAGES OF CRYSTAL BEACHLOT 57
Lot Features
Sidewalks
Middle School
Destin
Neighborhood
Destin Beach East
Community Features
BBQ Pit/Grill, Gated, Pavillion/Gazebo, Pool
Stories
3
Subdivision
Villages Of Crystal Beach
Year Built
2006
Zoning
Resid Single Family

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Levin Rinke Realty. Selling Office: .

Vendor Member Number : 28166