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$959,900 Just Listed
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Property Description
This recently updated home comes with RENTAL INCOME on the books! Featurning new bedroom flooring, furnishings, televisions, grill, and updated cabinet hardware. *See documents for comprehensive list! The light and bright interior leads to views of the patio, pool and a beautiful spacious lot. It comes fully furnished, (a few minor exclusions) making it all set to be your turn-key vacation rental, 2nd home or permanent residence. It features spacious open areas, raised ceilings, crown molding and peninsula fireplace. The covered patio leading out to the enclosed heated pool makes this home the perfect place to relax and unwind for you or your guests. SLEEPS 10!
Full Property Details
Full Property Details for 4729 Papaya Park
General
- Price: $959,900
- Taxes: $8,765 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1002797
- Updated: 5/11/2026
- Added to Site: 4 day(s) ago
Rental Information
- Complex Features: Community Room, Exercise Room, Game Room, Gated Community, Picnic Area, Pool, Tennis
Interior
- Number of Rooms: 8
- Interior Features: Ceiling Raised, Fireplace, Owner's Closet, Split Bedroom, Washer/Dryer Hookup, Wet Bar, Woodwork Painted
- Fireplace: Yes
- Fireplace(s): Fireplace Gas
- Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
- Furnishings: Furnished - All
- Flooring: Floor Laminate, Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Pool - Heated, Pool - In-Ground, Pool Type
- Security/Safety: Fire Alarm/Sprinkler
Exterior
- Exterior Features: BBQ Pit/Grill, Pool - Enclosed
- Porch/Patio/Deck: Patio Covered, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Garage
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: DESTINY EAST PH 3
- Driving Directions: Travel on Hwy 98 to Destiny East Community. From Highway 98 stay straight on Tranquility Lane and come to the first stop sign, take a left onto Papaya Park. 2nd home on the left.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Fort Walton Beach
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Gas - Natural, Public Water, TV Cable
Structural Information
- Architectural Style: Beach House
- Construction: Stucco
- Exterior Const.: Stucco
- Stories/Levels: 1
- Square Feet: 2,076
- Sq. Ft. Source: County PA Records
- Year Built: 2000
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Dimensions: 50 x 136 x 91 x 163
- Zoning: Resid Single Family
Financial Considerations
- Assessment Amount: $960
- Tax Amount: $8,765.49
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Destiny East Ph III Lot 178
- APN: 00-2S-22-0076-0000-1780
- Property ID: 00-2S-22-0076-0000-1780
Listed by Destin Vacation Company LLC
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Schools
Schools serving 4729 Papaya Park
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 1.5 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 5.2 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 14.1 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 4729 Papaya Park
Date
Details
Price
Change
Source
5/11/2026
Listed
$959,900
—
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 4729 Papaya Park
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,765
-2%
$740,110
-2%
2024
$8,952
81%
$755,680
65%
2023
$4,951
1%
$457,941
6%
2021
$4,882
—
$431,653
-3%
2022
$4,889
—
$444,603
-2%
2021
$4,882
25%
$453,431
31%
2019
$3,906
1%
$345,688
2%
2018
$3,857
—
$337,991
2%
2017
$3,838
3%
$331,039
2%
2016
$3,735
-1%
$324,230
1%
2015
$3,785
—
$321,976
1%
2014
$3,799
1%
$319,421
2%
2013
$3,768
—
$314,700
—
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 4729 Papaya Park
4729 Papaya Park, Destin, FL 32541 (MLS# 1002797) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4729 Papaya Park is currently listed for $959,900 and was received on May 11, 2026. Want to learn more about 4729 Papaya Park? 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.

