Date
Details
Price
Change
Source
5/28/2026
Listed
$485,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$485,000 Just Listed
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Property Description
Villa Cabana Dreams is one of only 14 exclusive Poolside Villas and a proven guest favorite. Offering true walk-in, walk-out access to the resort's spectacular 11,000 sq. ft. lagoon-style pool and tropical grounds, this rare 1,390 sq. ft. residence blends resort-style living with exceptional investment potential. Generating over $60,000 in annual rental income year after year, with $57,126 already on the books for 2026, this turnkey vacation home offers immediate income opportunity for the next owner. Designed with an open-concept floor plan, the villa features 10-foot ceilings, luxury vinyl plank flooring, Caribbean-inspired décor, and expansive double sliding glass doors that seamlessly connect indoor and outdoor living to the amazing pool deck. Guests love the effortless poolside convenience and spacious resort atmosphere that sets this villa apart from traditional condo accommodations. Additional highlights include: New water heater installed in 2026 Separate laundry room Offered fully furnished and rental-ready Strong established rental history and repeat guest base Rare ground-floor poolside access Access to 5-star resort amenities including lagoon pool, hot tubs, fitness center, tennis courts, on-site dining, and seasonal shuttle service Whether you're searching for a high-performing short-term rental investment, second home, or personal beach retreat, Villa Cabana Dreams offers a rare opportunity to own one of the most desirable
Full Property Details
Full Property Details for 4205 Indian Bayou Trail #3101
General
- Price: $485,000
- Taxes: $4,819 (2025)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 1004119
- Updated: 5/28/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Community Room, Elevators, Exercise Room, Laundry, Pavillion/Gazebo, Pets Allowed, Playground, Pool, Tennis, TV Cable, Whirlpool
Interior
- Number of Rooms: 4
- Interior Features: Owner's Closet, Split Bedroom, Washer/Dryer Hookup
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool - Heated, Pool - In-Ground, Pool Type
- Security/Safety: Fire Alarm/Sprinkler
Exterior
- Exterior Features: BBQ Pit/Grill, Hot Tub, Pavillion/Gazebo, Separate Living Area, Shower, Tennis Court
- Porch/Patio/Deck: Deck Open, Patio Open
Parking
- Attached garage: Yes
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 3
- Driving Directions: Located on the Corner of Indian Bayou Trail and Emerald Coast Parkway, 1/2 mile to entrance of Henderson State Park Beach.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Electricity, Ground Keeping, Internet Service, Master Association, Recreational Faclty, Security, Sewer, Telephone, Water, Cable TV, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Heating/Cooling: Central, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water, TV Cable
Structural Information
- Construction: Concrete, Block
- Exterior Const.: Concrete, Block
- Stories/Levels: 1
- Square Feet: 1,390
- Sq. Ft. Source: County PA Records
- Year Built: 2007
Financial Considerations
- Assessment Amount: $5,309
- Tax Amount: $4,819.85
- Tax Year: 2025
Disclosures and Reports
- Legal Description: THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 3 VILLA 1; 00-2S-22-2312-0000-3101
- APN: 00-2S-22-2312-0000-3101
- Property ID: 00-2S-22-2312-0000-3101
Listed by Bastion Realty LLC
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Listing agent
— 4205 Indian Bayou Trail #3101 —
Bastion Realty LLC
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Schools
Schools serving 4205 Indian Bayou Trail #3101
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 2 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 2.3 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 4205 Indian Bayou Trail #3101
Estimate the Cost
Estimate the Cost for 4205 Indian Bayou Trail #3101
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- Condo
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- Single Family
- Active
- Updated 14 hours ago
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- Single Family
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- Condo
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- Updated 7 days ago
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4205 Indian Bayou Trail #3101, Destin, FL 32541 (MLS# 1004119) is a Condo property with 2 bedrooms and 2 full bathrooms. 4205 Indian Bayou Trail #3101 is currently listed for $485,000 and was received on May 28, 2026. Want to learn more about 4205 Indian Bayou Trail #3101? Do you have questions about finding other Condo real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.