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Spacious Vacation Rental in Destin
For Sale
$1,000,000

228 Kono Way, Destin, FL 32541

Six-bedroom vacation rental in Villages of Crystal Beach.

Property Size2,572 SF
Days on Market319

Property Features for 228 Kono Way

General Information

Standard status Active
Size 2,572 SF
Property subtype Other

Taxes and HOA fees

Annual Taxes $11,363

Building Details

Building Size 2,572 SF
Year Built 2006
Stories 3
Listing Agency: Innerscope Realty LLC
Listed By: Steven Wrick
Source: Elliman
Added: Nov 28, 2025 Changed: Sep 30 Last Checked: Oct 12 at 9:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Innerscope Realty LLC

Investment Insights

Based on property information with market context.

This spacious vacation rental property is located in the Villages of Crystal Beach. The property features six bedrooms and four bathrooms within its 2,572 square feet of living space. The home is designed with an open floor plan suitable for accommodating multiple families or groups. A well-appointed kitchen connects to a large dining area. Multiple balconies offer space to enjoy outdoor breezes. The first floor includes a living area, a full-sized laundry room, and a guest bedroom with an adjacent bathroom. The second floor features the owner's suite with a double-vanity bathroom, along with additional guest rooms, including one with a twin-over-full bunk setup. Additional bedrooms are located on the third floor with access to a balcony. This property is intended for use as a vacation rental.

Key Highlights

  • Located in the desirable Villages of Crystal Beach.
  • Spacious 6‑bedroom layout ideal for vacation rentals or large groups.
  • 2,572 sq ft of coastal living space.

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Daycare Center Auto Repair Shop Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,315
Businesses Nearby

Demographics for 32541, FL

18,419
Population
16,390
Households
1.1
Avg Household Size
45
Median Age
48%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
1,462
Density / Sq Mi
$93,004
Median Household Income
$47,991
Median Earnings
$1,976
Median Rent
$498,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Six-bedroom vacation rental in Villages of Crystal Beach.
Where is this short term rental property located?
The property is located at 228 Kono Way Destin, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Located in the desirable Villages of Crystal Beach.; Spacious 6‑bedroom layout ideal for vacation rentals or large groups.; 2,572 sq ft of coastal living space.
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