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4732 Papaya Park, Destin, FL 32541

$1,200,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,429 Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $1,200,000 List Date: 1/22/2026 Last Modified: 2/12/2026

Description

Fully renovated, turnkey beach home in the highly sought-after gated Destiny East community, just a short distance to public beach access. Meticulously maintained as a primary residence, this one-story home is move-in ready and showcases a no-expense-spared modern coastal renovation. Features include a private pool and spa with screened enclosure, open-concept floor plan, high ceilings, custom finishes, and designer interior and exterior lighting. Offered furnished for immediate enjoyment or rental potential. Comparable 4-bedroom homes in Destiny East on rental programs have generated over $80,000 annually. Resort-style amenities include two pools, hot tub, clubhouse with movie theater, fitness center, tennis courts, basketball court, BBQ area, walking trails, and playground.

More Information MLS# 993473

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 494.03 List Date: 2026-01-22 Current Price: $1,200,000 List Price: $1,200,000

Location, Tax and Legal

Sub Area: 1404 - Destin Beach East Elementary School: Destin Middle School: Destin High School: Fort Walton Beach Legal Description: DESTINY EAST PH III LOT 208

General Property Info

Sub-Type: Detached Single Family Design: Mediterranean SqFt Source: Appraiser Immediate Occupancy: Yes Garage: Yes Carport: No Driveway Spaces: 6 Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 2429 Bedrooms: 4 Full Baths: 3 Total Bathrooms: 3 # Stories: 1 Year Built: 2003 Garage Spaces: 2 Acreage: 0.22

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 940 Annual Assessment Amount: 3760 Assessment Paid: Quarterly New Buyer Fee: Yes New Buyer Fee Amt: 550 New Buyer Fee Paid: $ Last Taxes: 10858.93 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Fully renovated, turnkey beach home in the highly sought-after gated Destiny East community, just a short distance to public beach access. Meticulously maintained as a primary residence, this one-story home is move-in ready and showcases a no-expense-spared modern coastal renovation. Features include a private pool and spa with screened enclosure, open-concept floor plan, high ceilings, custom finishes, and designer interior and exterior lighting. Offered furnished for immediate enjoyment or rental potential. Comparable 4-bedroom homes in Destiny East on rental programs have generated over $80,000 annually. Resort-style amenities include two pools, hot tub, clubhouse with movie theater, fitness center, tennis courts, basketball court, BBQ area, walking trails, and playground.

Construction Status

Construction Complete: 1

Parking Features

Garage Attached: 1

Lot Features

Covenants: 1 Cul-De-Sac: 1 Restrictions: 1 Survey Available: 1 Within 1/2 Mile to Water: 1

Project Facilities

BBQ Pit/Grill: 1 Community Room: 1 Exercise Room: 1 Fishing: 1 Game Room: 1 Gated Community: 1 Pets Allowed: 1 Pickle Ball: 1 Picnic Area: 1 Playground: 1 Pool: 1 Short Term Rental - Allowed: 1 Tennis: 1 Whirlpool: 1

Construction/Siding

Roof Tile/Slate: 1 Stucco: 1

Utilities

Electric: 1 Private Well: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1 Underground: 1

Zoning

Resid Multi-Family: 1

Exterior

BBQ Pit/Grill: 1 Fenced Lot-Part: 1 Fenced Privacy: 1 Lawn Pump: 1 Patio Open: 1 Pool - Enclosed: 1 Porch Open: 1 Porch Screened: 1 Renovated: 1 Sprinkler System: 1

Interior

Breakfast Bar: 1 Ceiling Raised: 1 Ceiling Vaulted: 1 Fireplace: 1 Fireplace 2+: 1 Fireplace Gas: 1 Floor Tile: 1 Furnished - Some: 1 Lighting Recessed: 1 Pantry: 1 Plantation Shutters: 1 Pull Down Stairs: 1 Split Bedroom: 1 Washer/Dryer Hookup: 1 Wet Bar: 1 Window Treatment All: 1

Financing

Conventional: 1

Appliances

Auto Garage Door Opn: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Ice Machine: 1 Microwave: 1 Oven Double: 1 Refrigerator: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Stove/Oven Dual Fuel: 1 Washer: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1

Mstr Bdrm/Mstr Bath

MBath Cultured Mrble: 1 MBath Double Vanity: 1 MBath Dressing Area: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBath Whirlpool: 1 MBed Fireplace: 1 MBed First Floor: 1 MBed Trey Ceiling: 1 MBed Walk-in Closet: 1

Master Bedroom

First: 1

Bedroom

First: 1

Rooms

Bedroom: 1 Great Room: 1 Master Bedroom: 1 Screened Porch: 1

Fees Include

Land Recreation: 1 Management: 1 Recreational Faclty: 1 Security: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 14 - Destin Street #: 4732 Street Name: Papaya Street Suffix: Park State: FL Zip Code: 32541 County: Okaloosa Project Name/Subdivision: DESTINY EAST PH 3 Parcel ID: 00-2S-22-0076-0000-2080

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Cul-De-Sac; Restrictions; Survey Available; Within 1/2 Mile to Water Zoning: Resid Multi-Family Parking Features: Garage Attached Project Facilities: BBQ Pit/Grill; Community Room; Exercise Room; Fishing; Game Room; Gated Community; Pets Allowed; Pickle Ball; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis; Whirlpool Exterior: BBQ Pit/Grill; Fenced Lot-Part; Fenced Privacy; Lawn Pump; Patio Open; Pool - Enclosed; Porch Open; Porch Screened; Renovated; Sprinkler System Interior: Breakfast Bar; Ceiling Raised; Ceiling Vaulted; Fireplace; Fireplace 2+; Fireplace Gas; Floor Tile; Furnished - Some; Lighting Recessed; Pantry; Plantation Shutters; Pull Down Stairs; Split Bedroom; Washer/Dryer Hookup; Wet Bar; Window Treatment All Appliances: Auto Garage Door Opn; Dishwasher; Disposal; Dryer; Ice Machine; Microwave; Oven Double; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Dual Fuel; Washer Utilities: Electric; Private Well; Public Sewer; Public Water; TV Cable; Underground Energy: AC - Central Elect; Ceiling Fans Master Bedroom: First Bedroom: First Rooms: Bedroom; Great Room; Master Bedroom; Screened Porch Financing: Conventional Fees Include: Land Recreation; Management; Recreational Faclty; Security

Room Information

Master Bedroom Level: First Dimensions: 15.08 x 14.41 Length: 15.08 Width: 14.41 Dimensions: 15.08 x 14.41 Bedroom Level: First Dimensions: 11.83 x 11.33 Length: 11.83 Width: 11.33 Dimensions: 11.83 x 11.33 Bedroom Level: First Dimensions: 14.33 x 11.16 Length: 14.33 Width: 11.16 Dimensions: 14.33 x 11.16 Bedroom Level: First Dimensions: 13.25 x 10.91 Length: 13.25 Width: 10.91 Dimensions: 13.25 x 10.91 Great Room Level: First Dimensions: 28.08 x 23.33 Length: 28.08 Width: 23.33 Dimensions: 28.08 x 23.33 Screened Porch Level: First Dimensions: 45.91 x 9.25 Length: 45.91 Width: 9.25 Dimensions: 45.91 x 9.25
Listing Office: Better Homes and Gardens Real Estate Emerald Coast
Last Updated: February - 12 - 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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