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$1,200,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 2,429 Sq. Ft.
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Fully renovated, turnkey beach home in the highly sought-after gated Destiny East community, just a short distance to public beach access. Meticulously maintained as a primary residence, this one-story home is move-in ready and showcases a no-expense-spared modern coastal renovation. Features include a private pool and spa with screened enclosure, open-concept floor plan, high ceilings, custom finishes, and designer interior and exterior lighting. Offered furnished for immediate enjoyment or rental potential. Comparable 4-bedroom homes in Destiny East on rental programs have generated over $80,000 annually. Resort-style amenities include two pools, hot tub, clubhouse with movie theater, fitness center, tennis courts, basketball court, BBQ area, walking trails, and playground.

Full Property Details for 4732 Papaya Park

General

  • Price: $1,200,000
  • Taxes: $10,858 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 993473
  • Updated: 1/22/2026
  • Added to Site: 27 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Great Room, Master Bedroom, Screened Porch
  • Interior Features: Breakfast Bar, Ceiling Raised, Ceiling Vaulted, Fireplace, Fireplace 2+, Fireplace Gas, Floor Tile, Furnished - Some, Lighting Recessed, Pantry, Plantation Shutters, Pull Down Stairs, Split Bedroom, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Double, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Dual Fuel, Washer

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Great Room: Great Room
  • 3 Season Porch: Screened Porch

Additional Information

  • Shared Amenities: BBQ Pit/Grill, Community Room, Exercise Room, Fishing, Game Room, Gated Community, Pets Allowed, Pickle Ball, Picnic Area, Playground, Pool, Short Term Rental - Allowed, Tennis, Whirlpool
  • Pool: Yes

Exterior

  • Exterior Features: BBQ Pit/Grill, Fenced Lot-Part, Fenced Privacy, Lawn Pump, Patio Open, Pool - Enclosed, Porch Open, Porch Screened, Renovated, Sprinkler System

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage Attached

Location

  • Area: 14 - Destin
  • County: Okaloosa
  • Subdivision: Destiny East Ph 3
  • Driving Directions: From Highway 98, enter Destiny East, turn left on Tranquility lane and next left is Papaya Park. House is aprox 4 lots down on the south side of the street.

School Information

  • Elementary School: Destin
  • Middle School: Destin
  • High School: Fort Walton Beach

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Ceiling Fans

Utilities

  • Utility Description: Electric, Private Well, Public Sewer, Public Water, TV Cable, Underground

Structural Information

  • Architectural Style: Mediterranean
  • Construction: Roof Tile/Slate, Stucco
  • Stories/Levels: 1
  • Square Feet: 2,429
  • Sq. Ft. Source: Appraiser
  • Year Built: 2003

Lot Features

  • Lot Size (Acres): 0.22
  • Lot Dimensions: 96 x 117 x 58 x 113
  • Lot Features: Covenants, Cul-De-Sac, Restrictions, Survey Available, Within 1/2 Mile to Water
  • Zoning: Resid Multi-Family

Financial Considerations

  • Assessment Amount: $940
  • Assmt Payment Freq: Quarterly
  • Tax Amount: $10,858
  • Tax Year: 2025
  • Terms: Conventional

Disclosures and Reports

  • Legal Description: DESTINY EAST PH III LOT 208
  • Assessment: Yes
  • APN: 00-2S-22-0076-0000-2080

Listed by Better Homes and Gardens Real Estate Emerald Coast

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— 4732 Papaya Park —

  • Better Homes and Gardens Real Estate Emerald Coast

  • Better Homes and Gardens Real Estate Emerald Coast

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4732 Papaya Park

School District:Okaloosa County School District
NameGradesDistance
Destin Middle School
4608 Legendary Marina Drive, Destin, FL 32541
5-81.5 mi
Destin Elementary School
630 Kelly Street, Destin, FL 32541
PK-45.3 mi
Fort Walton Beach High School
400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548
9-1214.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4732 Papaya Park Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/22/2026
Listed
$1,200,000
110.53%
MLS
4/30/2018
Sold
$570,000
—
Public Record
Get Price Alerts and Save Property
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 for 4732 Papaya Park

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,859
2%
$932,090
-11%
2024
$10,656
10%
$1,041,901
13%
2023
$9,653
32%
$923,754
57%
2021
$7,288
-14%
$586,852
-24%
2022
$8,464
16%
$768,245
41%
2021
$7,288
8%
$545,131
3%
2019
$6,731
8%
$530,681
9%
2018
$6,250
30%
$486,757
20%
2017
$4,819
3%
$406,142
2%
2016
$4,690
-1%
$397,788
1%
2015
$4,753
1%
$395,023
3%
2013
$4,706
—
$384,102
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Better Homes and Gardens Real Estate Emerald Coast

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4732 Papaya Park, Destin, FL 32541 (MLS# 993473) is a Single Family property with 4 bedrooms and 3 full bathrooms. 4732 Papaya Park is currently listed for $1,200,000 and was received on January 22, 2026. Want to learn more about 4732 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.

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