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209 Grand Key Loop, Destin, FL, 32541

5beds
4baths
2,769sqft
$1,049,000
$379price/sqft
$6,799/moest. monthly cost
$271,960/yrincome needed

About This Home

This premier gated community is a standout destination in Destin, renowned for its exceptional rental potential and resort-style amenities. Perfectly positioned directly across from Destin Commons and just moments from shopping, dining, and entertainment, this location offers both convenience and a true coastal lifestyle. This impressive three-story, 5-bedroom, 4-bath retreat offers 2,769 square feet of spacious, thoughtfully designed living. Fully furnished, turn-key, and rental-ready, the home comfortably accommodates large groups with an open-concept main living area, two separate living spaces, and two master suites for added flexibility and privacy. The expansive third-floor sitting area, complete with private balcony access, provides the perfect secondary gathering space for guests. Enjoy serene views from multiple large covered porches--ideal for relaxing evenings and taking in the sunset. Located just three doors down from the pool, this home offers effortless access to one of the most impressive pool complexes in Destin, featuring a beach-entry design, waterfalls, tropical island, hot tub, and tiki bar/grill. Villages of Crystal Beach also offers unique amenities including a seasonally heated pool for spring break and holidays, as well as an air-conditioned shuttle service that conveniently transports owners and guests to the beach during peak seasons. Whether you're seeking a high-performing investment property or a personal beach retreat, this home checks all the boxes in one of Destin's most desirable communities.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
60
BikeBikeable

Schools

8/10
Destin Middle SchoolGrades 5-80.9 mi
5/10
10/10
Destin Elementary SchoolGrades PK-44.4 mi

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 2007

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Shake Siding,Trim Aluminum,Trim Vinyl,Trim Wood

Type & Style

  • Home type: SingleFamily
  • Architectural style: Beach House
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Washer,Electric Water Heater

Bathroom

  • Level: First
  • Area: 50.4
  • Dimensions: 9 x 5.6

Bathroom

  • Level: Third
  • Area: 44.8
  • Dimensions: 8 x 5.6

Bedroom

  • Level: First
  • Area: 149.5
  • Dimensions: 13 x 11.5

Bedroom

  • Level: Second
  • Area: 150.8
  • Dimensions: 13 x 11.6

Bedroom

  • Level: Third
  • Area: 168
  • Dimensions: 14 x 12

Bedroom

  • Level: Third
  • Area: 50.4
  • Dimensions: 9 x 5.6

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Area

  • Level: First
  • Area: 135
  • Dimensions: 13.5 x 10

Features

  • Breakfast Bar,Crown Molding,Vaulted Ceiling(s),Recessed Lighting,Owner's Closet,Pantry,Split Bedroom,Wet Bar,Woodwork Painted,Natural Woodwork
  • Window features: Window Treatments
  • Flooring: Marble,Tile
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,769
  • Total interior livable area: 2,769 sqft

Kitchen

  • Level: First
  • Area: 99
  • Dimensions: 11 x 9

Laundry

  • Level: First
  • Area: 52.14
  • Dimensions: 7.9 x 6.6

Living Room

  • Level: First
  • Area: 248.2
  • Dimensions: 17 x 14.6

Living Room

  • Level: Third
  • Area: 289
  • Dimensions: 17 x 17

Master Bathroom

  • Level: Second
  • Area: 188.5
  • Dimensions: 14.5 x 13

Master Bedroom

  • Level: Second
  • Area: 252
  • Dimensions: 18 x 14

Property

Details

  • Parcel number: 002S22112500000480
  • Zoning description: Resid Single Family

Features

  • Stories: 2
  • Exterior features: Outdoor Grill,Balcony,Columns

Lot

  • Lot size: 871.20 sqft
  • Lot size dimensions: 25 x 45

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
    HurricaneVery High
  • Lightning
    LightningVery High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Heat Wave
Strong Wind
Tsunami

FEMA Declared Disasters in Okaloosa County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $5,304$63,648
Home Insurance *$159$1,908
Property Taxes $1,058$12,696
Electricity $278$3,343
Total$6,799$81,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$233,108/yr
40% on housing$203,970/yr
45% on housing$181,306/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 15.8%
15.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$379This listing

vs Other Active Listings

Avg $/sqft

ZIP 32541$410
Okaloosa County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 32541$401
Okaloosa County$205

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

DateEventPrice
2026-04-16Listed for sale$1,049,000
2023-05-04Listing removed--
2021-05-03Sold$840,000
2021-03-17Pending sale$835,000
2013-09-03Sold$515,000
2009-07-24Sold$450,000

For Sale by Agent

AgentMichael Tomlin
BrokerageColdwell Banker Realty

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