$1,175,000
For Sale

229 E Grand Key Loop

Destin, FL 32541
6 beds | 4.00 baths | #955397
Browse 35 photos
Type:Purchase
Structure:House
Zone:Residential

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..

  • Interior Details
      • InteriorBreakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Floor Vinyl, Floor WW Carpet, Furnished - All, Pantry, Planta
    • Beds & Baths
      • Bathrooms4.00
      • Bedrooms6
  • Property Details
      • Exterior MaterialsConcrete, Roof Tile/Slate, Slab, Stucco
      • Exterior FeaturesBalcony, BBQ Pit/Grill, Columns, Porch
      • Lot FeaturesSidewalk, Within 1/2 Mile to Water
      • Pool1
    • Measurements
      • Lot Size25 x 45
  • Construction Details
      • StyleMediterranean
      • Property TypePurchase
    • Condition
      • Year Built2006
  • Utilities / Energy Details
      • EnergyAC - 2 or More, AC - Central Elect, Ceiling Fans, Heat - Two or More, Heat Cntrl Electric, Insulated Doors, Water Heater - Elect
    • Utility
      • AppliancesDishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
      • Utility FeaturesElectric, Phone, Public Sewer, Public Water, TV Cable
  • Community and Neighborhood Details
      • Community FeaturesBBQ Pit/Grill, Gated Community, Pavillion/Gazebo, Pool
      • SubdivisionVILLAGES OF CRYSTAL BEACH
    • Location
      • High SchoolFort Walton Beach
      • Elementary SchoolDestin
      • Middle SchoolDestin
  • Financial Details
      • Hoa Fee FrequencyQuarterly
      • Hoa Fees1520.00
  • Other
      • MLS #955397

Location

Caroline JaffeeReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00