229 E Grand Key Loop Pending

Destin,FL 32541

$ 1175000

6 Beds

4 Baths

2600 SqFt


Key Details

Property Type Single Family Home

Sub Type Mediterranean

Listing Status Pending

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $451

Subdivision Villages Of Crystal Beach

MLS Listing ID 955397

Bedrooms 6

Full Baths 3

Half Baths 1

HOA Fees $506/qua

Year Built 2006

Property Description

ASSUMABLE LOAN AT 2.85% INTEREST! This exceptional FULLY FURNISHED 6-bedroom, 3.5-bathroom residence offers an incredible investment opportunity with an assumable mortgage at a remarkably low rate of 2.85% 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. You'd be crazy not to run your numbers on this one..

Location

State FL

County Okaloosa

Area 14 - Destin

Zoning Resid Single Family

Rooms

Kitchen First

Exterior

Exterior Feature Balcony,BBQ Pit/Grill,Columns,Porch

Pool Community

Community Features BBQ Pit/Grill,Gated Community,Pavillion/Gazebo,Pool

Utilities Available Electric,Phone,Public Sewer,Public Water,TV Cable

Building

Lot Description Sidewalk,Within 1/2 Mile to Water

Story 3.0

Structure Type Concrete,Roof Tile/Slate,Slab,Stucco

Schools

Elementary Schools Destin

Others

Assessment Amount $1,520

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