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$1,250,000
Property Description
Welcome to 4765 Papaya Park offering the ultimate in outdoor living in the exclusive gated community of Destiny East. Meticulously maintained as a primary residence, this one-story home is move-in or rental ready, being offered fully furnished and beautifully decorated. The screened courtyard is the ultimate in outdoor living with an outdoor kitchen/dining area, living area and wonderfully updated pool and spa. Enjoy the world class amenities including a large club house with a theater, party room, kitchen, and gym. The two lighted tennis courts are also lined for pickle ball. The large pool and hot tub are next to the wonderful children's play ground. Located just moments away from the pristine beaches and sparkling gulf waters, this beach house offers the ultimate coastal lifestyle. Enjoy the convenience of nearby amenities, including upscale dining, boutique shopping, and recreational activities. With its prime location and unparalleled beauty, this glamorous beach house is an extraordinary opportunity to live a life of coastal luxury. Don't miss your chance to experience the epitome of refined living by making this exquisite residence your own.
Full Property Details
Full Property Details for 4765 Papaya Park
General
- Price: $1,250,000
- Taxes: $11,428 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 999895
- Updated: 4/13/2026
- Added to Site: 8 day(s) ago
Rental Information
- Complex Features: Pickle Ball, BBQ Pit/Grill, Community Room, Exercise Room, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis
Interior
- Number of Rooms: 5
- Interior Features: Breakfast Bar, Ceiling Raised, Ceiling Tray/Cofferd, Ceiling Vaulted, Fireplace, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Washer/Dryer Hookup
- Fireplace: Yes
- Fireplace(s): Fireplace Gas
- Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator, Security System, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Pool - Heated, Pool - In-Ground, Pool Type
Exterior
- Exterior Features: Fenced Back Yard, Hot Tub, Hurricane Shutters, Pool - Enclosed, Sprinkler System
- Porch/Patio/Deck: Patio Covered, Porch Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Golf Cart Enclosed
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: DESTINY EAST PH 3
- Driving Directions: From Emerald Coast Parkway (US 98) enter the north gate. After the gate veer to the left. At the first stop sign take a left and it will be the last house on the left at the end of the cul-de-sac.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Legal, Management, Master Association, Security
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: Gas - Natural, Public Water, TV Cable
Structural Information
- Architectural Style: Mediterranean
- Construction: Stucco
- Exterior Const.: Stucco
- Stories/Levels: 1
- Square Feet: 2,340
- Sq. Ft. Source: Appraiser
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761.2
- Lot Dimensions: 85.87 x 132.64 x 74.36 x 199.99
- Lot Features: Cul-De-Sac
- Zoning: Resid Single Family
Financial Considerations
- Assessment Amount: $960
- Tax Amount: $11,428.89
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Accept Backup Offers
- Legal Description: DESTINY EAST PH III LOT 196
- APN: 00-2S-22-0076-0000-1960
- Property ID: 00-2S-22-0076-0000-1960
Listed by Keller Williams Realty SRB
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Schools
Schools serving 4765 Papaya Park
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 | 5.4 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 14.3 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 4765 Papaya Park
Date
Details
Price
Change
Source
4/06/2026
Listed
$1,250,000
83.82%
MLS
11/11/2020
Sold
$680,000
—
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 4765 Papaya Park
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,429
-1%
$981,726
-11%
2024
$11,498
10%
$1,097,979
13%
2023
$10,429
46%
$975,698
69%
2021
$7,149
-23%
$575,690
-30%
2022
$9,239
29%
$827,120
54%
2021
$7,149
8%
$535,646
3%
2019
$6,594
9%
$517,578
10%
2018
$6,042
2%
$470,525
3%
2017
$5,942
7%
$454,681
6%
2016
$5,561
1%
$428,084
3%
2015
$5,528
9%
$417,320
10%
2014
$5,089
1%
$379,489
2%
2013
$5,034
—
$372,266
—
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 4765 Papaya Park
4765 Papaya Park, Destin, FL 32541 (MLS# 999895) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 4765 Papaya Park is currently listed for $1,250,000 and was received on April 06, 2026. Want to learn more about 4765 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.
