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.
Pending
$425,000
4 Chickasaw Way, Destin, FL 32541
3beds
2,683sqft
Single Family Residence
Built in 1988
0.39 Acres Lot
$-- Zestimate®
$158/sqft
$-- HOA
What's special
Attached garageSpacious homesiteMature landscaping
- 9 days |
- 2,036 |
- 97 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Craig Baranowski craig@scenicsir.com,
Scenic Sotheby's International Realty
Source: ECAOR,MLS#: 1006010
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 252.33 Square Feet
- Dimensions: 17.83 x 14.16
Bedroom
- Level: First
- Area: 124.3 Square Feet
- Dimensions: 11.66 x 10.66
Bedroom
- Level: First
- Area: 122.7 Square Feet
- Dimensions: 11.33 x 10.83
Den
- Level: First
- Area: 192 Square Feet
- Dimensions: 16 x 12
Dining room
- Level: First
- Area: 115.5 Square Feet
- Dimensions: 11 x 10.5
Garage
- Level: First
- Area: 552.25 Square Feet
- Dimensions: 23.5 x 23.5
Great room
- Level: First
- Area: 486 Square Feet
- Dimensions: 27 x 18
Sun room
- Level: First
- Area: 432 Square Feet
- Dimensions: 36 x 12
Cooling
- Central Air
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,683
- Total interior livable area: 2,683 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Attached garage spaces: 2
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Private Yard
- Pool features: In Ground
- On waterfront: Yes
Lot
- Size: 0.39 Acres
- Dimensions: 118 x 135 x 154 x 80
- Features: Aerials/Topo Availbl, Within 1/2 Mile to Water
Details
- Parcel number: 002S221283000G0110
- Zoning description: Resid Single Family
- Special conditions: Accept Backup Offers
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Frame, Brick
- Roof: Composition
Condition
- Construction Complete,Needs Work
- New construction: No
- Year built: 1988
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Golf, Waterfront
- Subdivision: INDIAN BAYOU
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
Location
- Region: Destin
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $497,798
- Annual tax amount: $2,681
- Date on market: 6/22/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 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 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,599 +2.6% | $257,999 +3% |
| 2023 | $2,532 +2.6% | $250,484 +3% |
| 2022 | $2,468 +0.3% | $243,188 +3% |
| 2021 | $2,460 +0.9% | $236,105 +1.4% |
| 2020 | $2,439 +1.3% | $232,845 +2.3% |
| 2019 | $2,408 +1% | $227,610 +1.9% |
| 2018 | $2,385 | $223,366 +2.1% |
| 2017 | $2,385 | $218,772 +2.1% |
| 2016 | -- | $214,272 +0.7% |
| 2015 | -- | $212,783 +0.8% |
| 2014 | -- | $211,094 +1.5% |
| 2013 | -- | $207,974 +1.7% |
| 2012 | -- | $204,498 -1.9% |
| 2011 | -- | $208,482 +5.8% |
| 2010 | -- | $197,064 +2.7% |
| 2009 | -- | $191,883 +0.1% |
| 2008 | -- | $191,691 +3% |
| 2007 | -- | $186,108 +2.5% |
| 2006 | -- | $181,569 +3% |
| 2005 | -- | $176,281 +3% |
| 2004 | -- | $171,147 +1.9% |
| 2003 | -- | $167,956 +2.4% |
| 2002 | -- | $164,020 +1.6% |
| 2001 | -- | $161,437 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32541
Nearby schools
GreatSchools rating
- 9/10Destin Middle SchoolGrades: 5-8Distance: 1.7 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 11.2 mi
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Destin
- Middle: Bruner
- High: Fort Walton Beach
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Okaloosa County
- Destin
- 32541
- 4 Chickasaw Way
Nearby cities
Nearby zip codes
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