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$1,600,000
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Property Description
This exquisite custom home, nestled in the secure and golf cart-friendly Destiny East community, boasts a spacious layout, a detached carriage house, and a charming courtyard featuring a pool, hot tub, and outdoor kitchen. This home is ideal for a primary residence, second home, or vacation rental! The Master bedroom and carriage house bedroom are conveniently located on the ground level. The large bunk room with six beds and the fifth guest bedroom open to an over-sized balcony with views of the courtyard and pool. This home is being offered fully furnished and ready to occupy or rent. A beautiful six-seat golf cart is also included. Buyer to verify all dimensions and essential information.
Full Property Details
Full Property Details for 4736 Papaya Park
General
- Price: $1,600,000
- Taxes: $12,986 (2023)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 972726
- Updated: 12/3/2025
- Added to Site: 290 day(s) ago
Interior
- Rooms/Areas: Bedroom, Dining Area, Kitchen, Living Room, Master Bedroom, Other
- Interior Features: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Fireplace, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Guest Quarters, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Plantation Shutters, Skylight(s), Split Bedroom, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Painted
- Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Security System, Stove/Oven Electric, Washer, Wine Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
- Other Room 1: Other
Additional Information
- Shared Amenities: BBQ Pit/Grill, Community Room, Exercise Room, Game Room, Gated Community, Pavillion/Gazebo, Pets Allowed, Pickle Ball, Picnic Area, Playground, Pool, Sauna/Steam Room, Short Term Rental - Allowed, Whirlpool
- Pool: Yes
Exterior
- Exterior Features: Balcony, BBQ Pit/Grill, Deck Covered, Deck Open, Fenced Lot-Part, Guest Quarters, Pool - Heated, Pool - In-Ground, Porch Open, Renovated, Sauna/Steam, Separate Living Area, Shower
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage Attached
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: Destiny East Ph 3
- Driving Directions: Head down US highway 98, turn south into Destiny East. Enter through the gate, turn left. Turn left at first stop sign and house will shortly be on your right.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Heating & Cooling
- Heating/Cooling: AC - 2 or More, AC - Central Elect, Double Pane Windows, Heat Cntrl Electric, Water Heater - Elect
Utilities
- Utility Description: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable, Underground
Structural Information
- Architectural Style: Contemporary
- Construction: Roof Tile/Slate, Slab, Stucco
- Stories/Levels: 2
- Square Feet: 3,212
- Sq. Ft. Source: County PA Records
- Year Built: 2006
Lot Features
- Lot Size (Acres): 0.18
- Lot Dimensions: 68 x 113 x 68 x 117
- Street/Road Desc.: Controlled Access, Private Road
- Lot Features: Covenants, Interior, Restrictions, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Financial Considerations
- Assessment Amount: $720
- Assmt Payment Freq: Quarterly
- Tax Amount: $12,986
- Tax Year: 2023
- Terms: Conventional, FHA, None, VA
Disclosures and Reports
- Legal Description: DESTINY EAST PH III LOT 206
- Assessment: Yes
- APN: 00-2S-22-0076-0000-2060
Listed by LPT Realty LLC
Get Pre-Approved Today
Schools
Schools serving 4736 Papaya Park
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 1.6 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 5.3 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4736 Papaya Park
Date
Details
Price
Change
Source
12/03/2025
Price Reduced
$1,600,000
-6.98%
MLS
8/07/2025
Price Reduced
$1,720,000
-0.58%
MLS
6/29/2025
Price Reduced
$1,730,000
-0.23%
MLS
6/07/2025
Price Reduced
$1,734,000
-0.29%
MLS
5/05/2025
Price Reduced
$1,739,000
-0.57%
MLS
4/01/2025
Listed
$1,749,000
4.42%
MLS
11/03/2022
Sold
$1,675,000
—
Public Record
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 4736 Papaya Park
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,548
-12%
$1,059,510
-12%
2024
$14,208
9%
$1,203,574
11%
2023
$12,987
52%
$1,087,097
58%
2021
$8,538
-14%
$687,532
-24%
2022
$9,932
16%
$902,936
42%
2021
$8,538
14%
$638,073
8%
2019
$7,517
5%
$592,578
6%
2018
$7,181
1%
$559,223
3%
2017
$7,078
7%
$541,574
6%
2016
$6,645
—
$511,576
2%
2015
$6,619
8%
$499,666
10%
2014
$6,116
1%
$456,020
2%
2013
$6,064
—
$448,446
—
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 4736 Papaya Park
4736 Papaya Park, Destin, FL 32541 (MLS# 972726) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 4736 Papaya Park is currently listed for $1,600,000 and was received on April 01, 2025. Want to learn more about 4736 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.

