202 Kono Way, Destin, FL, 32541
About This Home
Turnkey Vacation Rental Gem - Steps from the Beach! Welcome to your next income-generating paradise! This beautifully furnished 4-bedroom, 3.5-bath retreat is located in the exclusive gated resort-style community of The Villages of Crystal Beach, just 2 blocks from the Gulf. Thoughtfully designed to sleep up to 12 guests, this home boasts: -Two luxurious King ensuite bedrooms for ultimate comfort -A fully stocked gourmet kitchen with stainless steel appliances and granite countertops -A fun-filled gaming loft with arcade games and a flat-screen TV -A second-floor balcony perfect for morning coffee or evening cocktails -Overflow parking lot directly across the street—a major plus for vacationers -Heated resort-style community pool and spa -HOA-provide trolley service to and from t he beach This is a true turnkey short-term rental machine with a proven track recordover $90,000 in revenue in 2024 alone, despite owner usage. Consistently earns 5-star reviews on both Airbnb and VRBO.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Construction Complete
- Year built: 2012
Materials
- Foundation: Slab
Type & Style
- Home type: Townhouse
- Architectural style: Other
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range Hood,Refrigerator,Washer
Bedroom
- Level: Second
- Area: 100
- Dimensions: 10 x 10
Bedroom
- Level: Second
- Area: 100
- Dimensions: 10 x 10
Bedroom
- Level: Second
- Area: 100
- Dimensions: 10 x 10
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Dining Room
- Level: First
- Area: 100
- Dimensions: 10 x 10
Features
- Pantry
- Flooring: Tile
- Finished area below ground: 2,040
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 2,040
- Total interior livable area: 2,040 sqft
Kitchen
- Level: First
- Area: 100
- Dimensions: 10 x 10
Living Room
- Level: First
- Area: 100
- Dimensions: 10 x 10
Master Bedroom
- Level: First
- Area: 100
- Dimensions: 10 x 10
Office
- Level: First
- Area: 100
- Dimensions: 10 x 10
Other
- Level: Second
- Area: 100
- Dimensions: 10 x 10
Other
- Level: First
- Area: 100
- Dimensions: 10 x 10
Other
- Level: Second
- Area: 100
- Dimensions: 10 x 10
Other
- Level: Second
- Area: 100
- Dimensions: 10 x 10
Property
Details
- Parcel number: 002S22112500000800
- Zoning description: Resid Single Family
Features
- Stories: 2
- Exterior features: Balcony
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tornado
- Heat Wave
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Okaloosa County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,576 | $54,912 |
| Home Insurance * | $137 | $1,644 |
| Property Taxes | $873 | $10,476 |
| Electricity | $205 | $2,463 |
| Total | $5,791 | $69,492 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-08-15 | Price change | $905,000 |
| 2025-07-31 | Listed for sale | $949,000 |
| 2022-10-23 | Listing removed | -- |
| 2022-08-22 | Price change | $3,500 |
| 2022-08-08 | Listed for rent | $3,200 |
| 2021-11-02 | Sold | $840,000 |
| 2021-09-21 | Pending sale | $850,000 |
| 2021-09-19 | Listed for sale | $850,000 |
| 2012-11-21 | Sold | $345,700 |
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