$999,900
Original price: $1,049,000
- 5 Beds
- 4 Baths
- 2,861 sqft
4551 Grand Key Loop, Destin, FL 32541
Est. Mortgage $6,433/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 2010
$349/sqft
2 Parking Spaces
Local Information
-- mins to
About this House
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.
Last check for updates: about 11 hours ago
Listing courtesy of Louann Schultz, (850) 461-3717
Coldwell Banker Realty
The Schultz Team, (850) 461-3717
Coldwell Banker Realty
Source: ECAOR, MLS#1003805

Also Listed on ECAOR.
Home Details for 4551 Grand Key Loop
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Interior Details Number of Rooms: 15Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Bathroom, Covered Porch, Dining Room, Kitchen, Laundry, Living Room, Media RoomWet Bar |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 2861 Square Feet |
Appliances & Utilities Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water HeaterDishwasherDisposalDryerLaundry: Washer/Dryer HookupMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Windows, Doors, Floors & Walls Window: Window TreatmentsFlooring: Tile, CarpetCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 3Floors: Tile, Carpet |
View No View |
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Exterior Home Features Roof: MetalPatio / Porch: CoveredFoundation: Slab |
Parking & Garage No CarportNo GarageParking Spaces: 2 |
Frontage Road Frontage: Private RoadRoad Surface Type: PavedNot on Waterfront |
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Days on Market: 115 |
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Year Built Year Built: 2010 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Florida Cottage |
Building Construction Materials: Trim Vinyl, Siding CmntFbrHrdBrdNot a New ConstructionNot Attached Property |
Property Information Condition: Construction CompleteParcel Number: 002S22112500001190 |
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Price List Price: $999,900Price Per Sqft: $349 |
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MLS Status: Active |
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Direction & Address City: DestinCommunity: VILLAGES OF CRYSTAL BEACH |
School Information Elementary School: DestinJr High / Middle School: DestinHigh School: Destin |
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Listing Agent Listing ID: 1003805 |
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Building Area Building Area: 2861 Square Feet |
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Community Features: BBQ Pit/Grill, Beach, Gated, Pavillion/Gazebo, Picnic Area, Pool, TV Cable |
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HOA Fee Includes: Maintenance Grounds, Legal, Licenses/Permits, Management, Recreational Faclty, Maintenance Structure, SecurityHas an HOA |
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Lot Area: 1306.8 sqft |
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Furnished |
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Mls Number: 1003805 |
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BBQ Pit/GrillBeachGatedPavillion/GazeboPicnic AreaPoolTV Cable |
Around this home
What Locals Say about Destin
At least 291 Trulia users voted on each feature.
86 % Say it's dog friendly
81 % Say car is needed
76 % Say there are sidewalks
73 % Say people would walk alone at night
73 % Say there's holiday spirit
71 % Say yards are well-kept
70 % Say it's quiet
68 % Say kids play outside
65 % Say parking is easy
63 % Say streets are well-lit
57 % Say it's walkable to restaurants
53 % Say they plan to stay for at least 5 years
46 % Say it's walkable to grocery stores
45 % Say neighbors are friendly
40 % Say there's wildlife
35 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Destin
Last updated August 2026
Avg. sale price
$578K
$13.12KMoM
Sale-to-List Price
95.2%
0.2%MoM
Price per sq ft
$370
$4MoM
Available listings
760
28MoM
Home Value
Trulia Estimate
$967KSince last month
Increased$10K (+1%)Since last year
Increased$180K (+22.9%)Since last sale
Increased$502K (+107.8%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -3% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $967K |
| August 2026 | $953K |
| July 2026 | $957K |
| June 2026 | $1.01M |
| May 2026 | $1.03M |
| April 2026 | $1.09M |
| March 2026 | $1.1M |
| February 2026 | $978K |
| January 2026 | $798K |
2025 | |
2024 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.01 | Single-Family Home | $1,023,000 | 04/13/26 | 5 | 4 | 2,891 | |
0.04 | Single-Family Home | $742,500 | 02/06/26 | 4 | 3.5 | 1,950 | |
0.07 | Single-Family Home | $975,000 | 04/06/26 | 6 | 4 | 2,572 | |
0.04 | Single-Family Home | $880,000 | 11/19/25 | 4 | 3.5 | 2,090 | |
0.06 | Single-Family Home | $910,000 | 10/06/25 | 4 | 3.5 | 2,040 | |
0.07 | Single-Family Home | $760,000 | 06/09/26 | 4 | 3.5 | 2,040 | |
0.10 | Single-Family Home | $1,100,000 | 12/02/25 | 6 | 3.5 | 2,600 | |
0.10 | Single-Family Home | $810,000 | 04/24/26 | 4 | 3.5 | 1,950 | |
0.12 | Single-Family Home | $750,000 | 08/10/26 | 4 | 3.5 | 1,932 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $862,300 | 4 | 3.5 | 2,040 | Off Market | |
0.05 | $972,400 | 6 | 3.5 | 2,600 | Off Market | |
0.02 | $1,149,000 | 5 | 4 | 2,769 | For Sale | |
0.04 | $742,500 | 4 | 3.5 | 1,950 | Recently Sold | |
0.01 | $1,023,000 | 5 | 4 | 2,891 | Recently Sold | |
0.03 | $1,046,700 | 5 | 4 | 2,926 | Off Market | |
0.07 | $1,100,000 | 6 | 3.5 | 2,600 | For Sale | |
0.05 | $999,000 | 6 | 3.5 | 2,600 | For Sale | |
0.06 | $999,000 | 6 | 3.5 | 2,600 | For Sale | |
0.06 | $995,000 | 6 | 3.5 | 2,600 | Off Market | |
0.07 | $975,000 | 6 | 4 | 2,572 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 29, 2026 Source: ECAOR #1003805 | PriceChange | $999,900 Price decreased by 5% |
May 23, 2026 Source: ECAOR #1003805 | Listed For Sale | $1,049,000 |
Aug 23, 2012 Source: ECAOR #562758 | Sold | $465,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $10,305 | $961,009 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Louann Schultz, Coldwell Banker Realty
Agent Phone: (850) 461-3717

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Member number: 28189
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Frequently asked questions about 4551 Grand Key Loop
- What is the estimated monthly payment for 4551 Grand Key Loop?Based on a $999,900 list price with 20% down at today's rates, the estimated monthly payment for 4551 Grand Key Loop in Destin, FL is approximately $6,510 (about $5,410 principal & interest, $1,025 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 4551 Grand Key Loop compare to homes in Destin?4551 Grand Key Loop in Destin, FL is listed at $999,900, about 73% above the $578K median sale price in Destin.
- What do residents say about Destin?Residents describe Destin, FL as dog-friendly, pedestrian-friendly, and well-kept. See homes for sale in Destin, FL.
- What are the closest schools to 4551 Grand Key Loop?The closest schools to 4551 Grand Key Loop in Destin, FL are Destin Elementary School (Pre-K, rated 10/10), Destin Middle School (Elementary, rated 9/10), Fort Walton Beach High School (rated 5/10).
- Does 4551 Grand Key Loop have air conditioning?Yes, 4551 Grand Key Loop in Destin, FL has air conditioning.
- Does 4551 Grand Key Loop have a pool?Yes, 4551 Grand Key Loop in Destin, FL has a pool.
4551 Grand Key Loop, Destin, FL 32541 is a 5 bedroom, 4 bathroom, 2,861 sqft single-family home built in 2010. This property is currently available for sale and was listed by ECAOR on May 23, 2026. The MLS # for this home is MLS# 1003805.

