$879,000

202 Kono Way

Destin, FL 32541

Active
4
Beds
4
Baths
2,040
Sq Ft
0.03
Acres
2012
Built
$431/sqft360° tour
🏠Single Family Residence

Property type

🏗️2012

Year built

📐1,172 sqft

Lot size

📊$431

Price / sq ft

🏘️$555/mo

HOA dues

📅288

Days on market

🌊X

Flood zone

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-provided trolley service to and from the beach This is a true turnkey short-term rental machine with a proven track record—over $90,000 in revenue in 2024 alone, despite owner usage. Consistently earns 5-star reviews on both Airbnb and VRBO. Bonus Features: -Sold fully furnished—includes outdoor grill, kitchenware, linens, and more -Ready-to-go with vetted cleaning and maintenance vendor contacts provided -Benefit from 100 Perc. bonus depreciation—a huge tax advantage for investors Whether you're looking for a high-performing short-term rental, a second home, or a combination of both, this property delivers on all fronts. Don’t miss this rare opportunity to own a piece of paradise that pays for itself!

Estimated monthly payment

Principal & interest$4,445
Property taxes$838
Home insurance (est.)$403
HOA dues$555

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history288 days on market

  1. Status: Active
    Jul 31, 2025
  2. Listed$949,000
    Jul 31, 2025
  3. Price reduced$879,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
288
Subdivision
Villages/Crystal Beach
County
Okaloosa
Year built
2012
Living area
2,040 sq ft
Price/sq ft
$431
Lot size
1,172 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12091C0493J)
Annual taxes
$10,061 (2024)
Parcel #
00-2S-22-1125-0000-0800
Zoning
R1
MLS #
TB8412056

Interior Details

Bedrooms
4
Full bathrooms
3
Half bathrooms
1
Flooring
Carpet, Tile
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
Interior features
Crown Molding, Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s)
Laundry
Inside, Laundry Closet, Upper Level
Stories / Levels
Two
Direction faces
East

Heating & Cooling

Heating
Electric
Cooling
Central Air

Parking

Attached garage
No
Parking features
Driveway

HOA & Financial

HOA fee
$555 / Monthly
Monthly HOA
$555/mo
Total monthly fees
$555/mo
Total annual fees
$6,660
HOA name
Tracie Martin
CDD
No
Min lease term
No Minimum
Listing terms
Cash, Conventional, VA Loan
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No
Additional lease restrictions
none
Approval process
none

Exterior & Construction

Exterior features
Balcony, Outdoor Grill
Construction materials
Other
Roof
Other
Foundation
Slab
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Connected, Electricity Connected, Public, Underground Utilities

Community

Pets allowed
No

Room Details

RoomLevelDimensions
Primary BedroomFirst
KitchenFirst
Living RoomFirst
Bathroom 1First
Dining RoomFirst
Balcony/Porch/LanaiSecond
Game RoomSecond
Bathroom 2First
Bathroom 3Second
Bathroom 4Second
Bedroom 2Second
Bedroom 3Second
Bedroom 4Second

Listing Details

Listing date
2025-07-31
On market date
2025-07-31
Original list price
$949,000
Occupant type
Vacant
MLS area
32541 - Destin
Listing AOR
Suncoast Tampa
Status changed
2025-07-31
Tax legal description
VILLAGES OF CRYSTAL BEACH LOT 80

Flood risk

Minimal riskFEMA Zone XPanel 12091C0493J

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Entrance off of Cobia St or Regions Way

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 15, 2026 at 3:42 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA