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Pending
  • $485,000

    4205 Indian Bayou Trl #3101, Destin, FL 32541

    2beds
    1,390sqft
    : 
    $3,101/mo
    Get pre-qualified
    Condominium
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $349/sqft
    $-- HOA

    What's special

    Rare ground-floor poolside accessTropical groundsSeparate laundry roomOpen-concept floor planLuxury vinyl plank flooring
    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
    66 days
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    320
    |
    21
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    Zillow last checked:

    Listing updated:

    Listed by:

    Angela M Lemke 850-377-1174,

    Bastion Realty LLC

    Source: ECAOR,MLS#: 1004119MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Description: Extra large Ensuite Bath
      • Level: First
      • Area: 182 Square Feet
      • Dimensions: 14 x 13
      Kitchen
      • Description: Open Concept
      • Level: First
      • Area: 90 Square Feet
      • Dimensions: 10 x 9
      Laundry
      • Description: Seperate laundry Room
      • Level: First
      • Area: 42 Square Feet
      • Dimensions: 7 x 6
      Living room
      • Description: Open Concept Living Space
      • Level: First
      • Area: 450 Square Feet
      • Dimensions: 30 x 15
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
      • Laundry: Common Area, Washer/Dryer Hookup
      Features
      • Owner's Closet, Split Bedroom
      • Flooring: Vinyl
      • Windows: Window Treatments
      • Furnished: Yes
      Interior area
      • Total structure area: 1,390
      • Total interior livable area: 1,390 sqft

      Property

      Parking
      • Parking features: Garage - Attached
      • Has attached garage: Yes
      Features
      • Patio & porch: Deck, Patio
      • Exterior features: Outdoor Grill, Outdoor Shower, Tennis Court(s), Separate Living Area
      • Pool features: Heated, In Ground
      • Has spa: Yes
      • Spa features: Heated
      Details
      • Additional structures: Pavillion/Gazebo
      • Parcel number: 002S22231200003101

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block, Concrete
      • Roof: Flat
      Condition
      • Construction Complete,Renovated
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Community Room, Elevators, Fitness Center, Pavillion/Gazebo, Playground, Pool, TV Cable, Tennis Court(s), Whirlpool, Pickleball, Short Term Rental - Allowed
      • Security: Fire Alarm, Smoke Detector(s)
      • Subdivision: THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 3
      HOA
      • Has HOA: Yes
      • Services included: Electricity, Maintenance Grounds, Recreational Faclty, Security, Sewer, Cable TV, Telephone, Trash, Water, Internet
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $349/sqft
      • Annual tax amount: $4,819
      • Date on market: 5/28/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/25/2026Pending sale$485,000$349/sqft
        Source: ECAOR #1004119 Report a problem
        5/28/2026Listed for sale$485,000+1.3%$349/sqft
        Source: ECAOR #1004119 Report a problem
        5/27/2026Listing removed--
        Source: Owner Report a problem
        5/5/2026Listed for sale$479,000+16.8%$345/sqft
        Source: Owner Report a problem
        5/14/2021Sold$410,000+57.7%$295/sqft
        Source: ECAOR #869762 Report a problem
        1/31/2020Sold$260,000$187/sqft
        Source: ECAOR #827295 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 32541

        Getting around

        49 / 100
        Car-Dependent
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Destin
        • Middle: Destin
        • High: Destin

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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