$859,000
202 Kono Way
Destin, FL 32541
Listing updated: June 1, 2026 at 10:53 AM ET
Listing courtesy of Flat Fee Mls Realty · Stephen Hachey · MLS #TB8412056 · Active · 813-642-6030Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
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!
Local Insight
At $421/sqft, you're paying a fair premium for the 2012 construction and Destin location, but the 0.03-acre lot is genuinely tiny—this is a dense neighborhood property, not a retreat, so make sure the footprint and lack of privacy work for your lifestyle. The $555 monthly HOA is reasonable for Crystal Beach, and being in flood zone X removes that insurance headache, but with four bedrooms in 2,040 sqft you're getting efficient rather than spacious floor plans, so the 360° tour is essential to confirm the layout doesn't feel cramped.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
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 history305 days on market
- Status: ActiveJul 31, 2025
- Listed$949,000Jul 31, 2025
- Price reduced$859,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 305
- Subdivision
- Villages/Crystal Beach
- County
- Okaloosa
- Year built
- 2012
- Living area
- 2,040 sq ft
- Price/sq ft
- $421
- 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
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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
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Kitchen | First | |
| Living Room | First | |
| Bathroom 1 | First | |
| Dining Room | First | |
| Balcony/Porch/Lanai | Second | |
| Game Room | Second | |
| Bathroom 2 | First | |
| Bathroom 3 | Second | |
| Bathroom 4 | Second | |
| Bedroom 2 | Second | |
| Bedroom 3 | Second | |
| Bedroom 4 | Second |
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-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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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 June 1, 2026 at 10:53 AM 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.
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