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4205 Indian Bayou Trail 3108, Destin, FL 32541

New Listing
$500,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,480 Status: Active
Current Price: $500,000 List Date: 2/16/2026 Last Modified: 2/16/2026

Description

One of only 14 Poolside Villas, the Villa Cabana Dreamsis a Guest Favorite . With over $70,000K in rental income year over year, This 1480 sq ft of open concept walk in / walk out Pool Side Villa Cabana Dreams is a Rental Gem, with an amazing ROI! Featuriung double sliding doors that open to views of the tropical grounds & 11,000 sq ft Lagoon Style pool deck, 10ft ceilings! 5 Star Amenities. Upgrades galore, LVP flooring, Washer/ Dryer, 1yr old HVAC, New stove, Custom Drapes, Newer Furniture in Coastal Decor. Separate Laundry room. Comes completely furnished, and turn key. Hit the ground running with an existing book of business with $38,000 in upcoming 2026 revenue!

Supplements: The Palms of Destin has a New State of the Art Gym,Indoor Pickleball court, BBQ Grilling Area, 11,000 sq ft pool deck with a lagoon style pool with waterfalls, islands, a secondary seasonally heated pool, a children's wading pool and a children's splash pad area. An onsite Coffee shop, a poolside Tiki Bar, and on site Restuarant. The palms offers a free beach shuttle across the street to June Decker Beach as well as water sports, shopping and dining locations. The Palms is in the heart of Destin, Surrounded by upscale restaurants; Ruth's Chris, Bubba Gump's, Joe's Crab Shack, and Peppers. This 5 Star resort offers a world class trip to vacationers and owners alike.

More Information MLS# 995479

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 337.84 List Date: 2026-02-16 Current Price: $500,000 List Price: $500,000

Location, Tax and Legal

Unit #: 3108 Sub Area: 1403 - Destin Northwest Elementary School: Destin Middle School: Destin High School: Destin Legal Description: THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 3 VILLA 8 00-2S-22-2312-0000-3108

General Property Info

Sub-Type: Condominium Design: N/A SqFt Source: County PA Records Balcony SqFt: 100 Stories In Unit: 1 # of Units in Bldg: 14 Stories in Building: 1 Unit Floors Above Ground: 1 Immediate Occupancy: No Pre-Const Flip: No Garage: Yes Carport: No Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 1480 Bedrooms: 2 Full Baths: 2 Total Bathrooms: 2 Year Built: 2007

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 5626.66 Annual Assessment Amount: 22506.64 Assessment Paid: Quarterly New Buyer Fee: Yes New Buyer Fee Amt: 1875.55 New Buyer Fee Paid: $ Last Taxes: 5276.27 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: One of only 14 Poolside Villas, the Villa Cabana Dreamsis a Guest Favorite . With over $70,000K in rental income year over year, This 1480 sq ft of open concept walk in / walk out Pool Side Villa Cabana Dreams is a Rental Gem, with an amazing ROI! Featuriung double sliding doors that open to views of the tropical grounds & 11,000 sq ft Lagoon Style pool deck, 10ft ceilings! 5 Star Amenities. Upgrades galore, LVP flooring, Washer/ Dryer, 1yr old HVAC, New stove, Custom Drapes, Newer Furniture in Coastal Decor. Separate Laundry room. Comes completely furnished, and turn key. Hit the ground running with an existing book of business with $38,000 in upcoming 2026 revenue!

Construction Status

Construction Complete: 1

Parking Features

Garage Attached: 1

Project Facilities

BBQ Pit/Grill: 1 Community Room: 1 Elevators: 1 Exercise Room: 1 Laundry: 1 Pavillion/Gazebo: 1 Pets Allowed: 1 Pickle Ball: 1 Playground: 1 Pool: 1 Short Term Rental - Allowed: 1 TV Cable: 1 Whirlpool: 1

Construction/Siding

Block: 1 Concrete: 1 Roof Flat: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Exterior

BBQ Pit/Grill: 1 Deck Open: 1 Hot Tub: 1 Patio Open: 1 Pavillion/Gazebo: 1 Pool - Heated: 1 Pool - In-Ground: 1 Renovated: 1 Separate Living Area: 1 Shower: 1 Tennis Court: 1

Interior

Floor Vinyl: 1 Furnished - All: 1 Owner's Closet: 1 Renovated: 1 Split Bedroom: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1

Financing

Other: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Fire Alarm/Sprinkler: 1 Microwave: 1 Refrigerator: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - Central Elect: 1 Heat Cntrl Electric: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Garden Tub: 1 MBath Tile: 1 MBed First Floor: 1

Master Bedroom

First: 1

Kitchen

First: 1

Living Room

First: 1

Rooms

Kitchen: 1 Laundry: 1 Living Room: 1 Master Bedroom: 1

Fees Include

Electricity: 1 Ground Keeping: 1 Internet Service: 1 Master Association: 1 Recreational Faclty: 1 Security: 1 Sewer: 1 Telephone: 1 Trash: 1 TV Cable: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 14 - Destin Street #: 4205 Street Name: Indian Bayou Street Suffix: Trail State: FL Zip Code: 32541 County: Okaloosa Project Name/Subdivision: THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 3 Parcel ID: 00-2S-22-2312-0000-3108

Property Features

Construction Status: Construction Complete Parking Features: Garage Attached Project Facilities: BBQ Pit/Grill; Community Room; Elevators; Exercise Room; Laundry; Pavillion/Gazebo; Pets Allowed; Pickle Ball; Playground; Pool; Short Term Rental - Allowed; TV Cable; Whirlpool Exterior: BBQ Pit/Grill; Deck Open; Hot Tub; Patio Open; Pavillion/Gazebo; Pool - Heated; Pool - In-Ground; Renovated; Separate Living Area; Shower; Tennis Court Interior: Floor Vinyl; Furnished - All; Owner's Closet; Renovated; Split Bedroom; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Microwave; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: First Kitchen: First Living Room: First Rooms: Kitchen; Laundry; Living Room; Master Bedroom Financing: Other Fees Include: Electricity; Ground Keeping; Internet Service; Master Association; Recreational Faclty; Security; Telephone; Trash; TV Cable

Room Information

Living Room Level: First Dimensions: 30 x 15 Length: 30.00 Width: 15.00 Remarks: Open Concept Living Space Dimensions: 30 x 15 Master Bedroom Level: First Dimensions: 18 x 14 Length: 18.00 Width: 14.00 Remarks: Extra large Ensuite Bath Dimensions: 18 x 14 Kitchen Level: First Dimensions: 10 x 9 Length: 10.00 Width: 9.00 Dimensions: 10 x 9 Laundry Level: First Dimensions: 7 x 6 Length: 7.00 Width: 6.00 Remarks: Seperate laundry Room Dimensions: 7 x 6
Listing Office: Bastion Realty LLC
Last Updated: February - 16 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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