4205 Indian Bayou TRL #3101, Destin, FL 32541
4205 Indian Bayou TRL #3101, Destin, FL 32541
4205 Indian Bayou TRL #3101, Destin, FL 32541
4205 Indian Bayou TRL #3101, Destin, FL 32541
4205 Indian Bayou TRL #3101, Destin, FL 32541
4205 Indian Bayou TRL #3101, Destin, FL 32541
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$ 485,000
Est. payment | /mo

2 Beds

2 Baths

1,390 SqFt


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$ 485,000
Est. payment | /mo
Save

2 Beds

2 Baths

1,390 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,390 sqft

Price per Sqft $348

Subdivision The Palms Of Destin Resort & Conference Center Ph 3

MLS Listing ID 1004119

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 2007

Annual Tax Amount $4,819

Tax Year 2025

Property Sub-Type Condominium

Source Emerald Coast Association of REALTORS®

Land Area 1390

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

Location

State FL

County Okaloosa

Community 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

Area 14 - Destin

Direction Located on the Corner of Indian Bayou Trail and Emerald Coast Parkway, 1/2 mile to entrance of Henderson State Park Beach.

Rooms

Primary Bedroom Level Main

Master Bedroom true

Kitchen true

Interior

Interior Features Owner's Closet, Split Bedroom, Washer/Dryer Hookup

Heating Central

Cooling Central Air

Flooring Floor Vinyl

Furnishings Furnished - All

Window Features Window Treatment All

Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect

Laundry true

Exterior

Exterior Feature BBQ Pit/Grill, Hot Tub, Pavillion/Gazebo, Separate Living Area, Shower, Tennis Court, In-Ground Pool, Heated Pool, Open Patio, Open Deck, Separate Living Area, BBQ / Grill, Hot Tub, Outdoor Shower, Gazebo, Renovated

Pool Pool - Heated, Pool - In-Ground, Pool Type

Community 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

Utilities Available Electric, Public Water, TV Cable

Roof Type Flat

Accessibility 14

Porch Deck Open, Patio Open

Garage No

Building

Faces Located on the Corner of Indian Bayou Trail and Emerald Coast Parkway, 1/2 mile to entrance of Henderson State Park Beach.

Sewer Public Sewer

New Construction No

Schools

Elementary Schools Destin

Middle Schools Destin

High Schools Destin

Others

Pets Allowed No

HOA Fee Include Electricity,Ground Keeping,Internet Service,Master Association,Recreational Faclty,Security,Sewer,Telephone,Water,Cable TV,Trash

Tax ID 00-2S-22-2312-0000-3101

Security Features Fire Alarm/Sprinkler

 Emerald Coast MLS - IDX
Listed by Angela M Lemke Bastion Realty LLC

NEARBY SCHOOLS & PROPERTIES

Sean Strength

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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4205 Indian Bayou TRL #3101