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$425,000 Just Listed
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Property Description
Unlock the potential of this exceptional investment opportunity in the highly desirable Indian Bayou community. Situated on an oversized 0.39-acre lot, this property offers a rare chance to create significant value in one of Destin's most established and sought-after neighborhoods. The existing home features an attached garage, an in-ground concrete swimming pool, and a spacious homesite with ample room to reimagine the property to its full potential. While the residence requires an extensive renovation, the combination of location, lot size, and existing improvements creates a compelling opportunity for investors, builders, or buyers seeking a renovation project with strong upside potential. Indian Bayou is known for its mature landscaping, central location, and proximity to Destin's beaches, shopping, dining, golf, and entertainment, making renovated properties in the area highly desirable. Whether your vision is a complete remodel, a long-term investment, or a profitable resale project, this property offers the foundation to capitalize on a proven market. Adding to its appeal, the sellers are willing to consider short-term seller financing for qualified buyers, providing additional flexibility and a unique opportunity in today's lending environment. Bring your vision and creativity--opportunities to acquire a property with this level of potential in Indian Bayou are increasingly rare.
Full Property Details
Full Property Details for 4 Chickasaw Way
General
- Price: $425,000
- Taxes: $2,681 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1006010
- Updated: Today (6/22/2026)
- Added to Site: Today
Rental Information
- Complex Features: Golf, Waterfront
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Pool - In-Ground, Pool Type
Exterior
- Exterior Features: Fenced Back Yard
- Porch/Patio/Deck: Patio Open
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Garage
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: INDIAN BAYOU
- Driving Directions: Heading west on US Hwy 98, turn right onto Indian Bayou trial. Take the second exit at the roundabout. Continue for 0.3 miles and turn right onto Indian Bayou Trail, turn right onto Country Club Drive E. Continue for 0.9 miles and turn left onto Indian Bayou Dr, turn onto Country Club Dr W, then Chickasaw Way. The home is on your right.
School Information
- Elementary School: Destin
- Middle School: Bruner
- High School: Fort Walton Beach
Community
- Association: Yes
- Assoc. Fees Include: Ground Keeping
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating/Cooling: Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Public Water
Structural Information
- Architectural Style: Traditional
- Construction: Brick, Frame
- Exterior Const.: Brick, Frame
- Stories/Levels: 1
- Square Feet: 2,683
- Sq. Ft. Source: County PA Records
- Year Built: 1988
Lot Features
- Lot Size (Acres): 0.39
- Lot Size (Sq. Ft.): 16,988.4
- Lot Dimensions: 118 x 135 x 154 x 80
- Frontage: City Street
- Street/Road Desc.: Paved
- Lot Features: Aerials/Topo Availbl, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Financial Considerations
- Assessment Amount: $250
- Tax Amount: $2,681.82
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Accept Backup Offers
- Legal Description: Indian Bayou Unit III Lot 11 Blk G
- APN: 00-2S-22-1283-000G-0110
- Property ID: 00-2S-22-1283-000G-0110
Listed by Scenic Sotheby's International Realty
Get Pre-Approved Today
Schools
Schools serving 4 Chickasaw Way
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 1.7 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 2.2 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 11.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4 Chickasaw Way
Date
Details
Price
Change
Source
6/22/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4 Chickasaw Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,682
3%
$265,481
3%
2024
$2,599
3%
$257,999
3%
2023
$2,532
3%
$250,484
6%
2021
$2,460
—
$236,105
-3%
2022
$2,468
—
$243,188
4%
2021
$2,460
2%
$232,845
2%
2019
$2,408
1%
$227,610
2%
2018
$2,385
1%
$223,366
2%
2017
$2,370
3%
$218,772
2%
2016
$2,306
-1%
$214,272
1%
2015
$2,338
1%
$212,783
2%
2013
$2,325
—
$207,974
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4 Chickasaw Way
4 Chickasaw Way, Destin, FL 32541 (MLS# 1006010) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4 Chickasaw Way is currently listed for $425,000 and was received on June 22, 2026. Want to learn more about 4 Chickasaw Way? Do you have questions about finding other Single Family real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

