Unlock the potential of this exceptional investment opportunity in the highly desirable Indian Bayou community. Situated on an oversized 0.39-acre lot, this property offers a rare chance to create significant value in one of Destin's most established and sought-after neighborhoods.
The existing home features an attached garage, an in-ground concrete swimming pool, and a spacious homesite with ample room to reimagine the property to its full potential. While the residence requires an extensive renovation, the combination of location, lot size, and existing improvements creates a compelling opportunity for investors, builders, or buyers seeking a renovation project with strong upside potential.
Indian Bayou is known for its mature landscaping, central location, and proximity to Destin's beaches, shopping, dining, golf, and entertainment, making renovated properties in the area highly desirable. Whether your vision is a complete remodel, a long-term investment, or a profitable resale project, this property offers the foundation to capitalize on a proven market.
Adding to its appeal, the sellers are willing to consider short-term seller financing for qualified buyers, providing additional flexibility and a unique opportunity in today's lending environment.
Bring your vision and creativity--opportunities to acquire a property with this level of potential in Indian Bayou are increasingly rare.
Sold for $375,000
Zillow last checked:
Listing updated:
Bought with:
Craig Baranowski, 3082340
Scenic Sotheby's International Realty
Portia C Baranowski, 3527987
Scenic Sotheby's International Realty
Source: ECAOR,MLS#: 1006010
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Sold | $375,000-6%$140/sqft |
Source:  ECAOR #1006010 Report a problem | ||
| 7/8/2026 | Pending sale | $399,000$149/sqft |
Source: ECAOR #1006010 Report a problem | ||
| 7/2/2026 | Price change | $399,000-6.1%$149/sqft |
Source: ECAOR #1006010 Report a problem | ||
| 6/25/2026 | Pending sale | $425,000$158/sqft |
Source: ECAOR #1006010 Report a problem | ||
| 6/22/2026 | Listed for sale | $425,000$158/sqft |
Source: ECAOR #1006010 Report a problem | ||
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$383,500
2% more
+$7,670
With Zillow Showcase(estimated)
$391,170
