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$485,000
New Listing

4205 Indian Bayou Trail 3101
Destin, FL 32541

For Sale|Condominium|Active
2
Beds
2
Total Baths
2
Full Baths
1,390
SqFt
$349
/SqFt
2007
Built
Subdivision:
THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 3
County:
Okaloosa
Listing courtesy of Angela M Lemke of Bastion Realty LLC
Call Now: 850-424-5516
Is this the listing for you? We can help make it yours.
850-424-5516
4205 Indian Bayou Trail 31014205 Indian Bayou Trail 31014205 Indian Bayou Trail 31014205 Indian Bayou Trail 3101
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Mortgage Calculator

Monthly Payment (Est.)

$2,213
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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

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Listing Snapshot
Price 
$485,000
Days On Site 
0 Days
Bedrooms 
2
Inside Area (SqFt) 
1,390 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2007
MLS® Number 
1004119
Status 
Active
Property Tax 
$4,819.85
HOA/Condo/Coop Fees 
$1,769.87 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing first seen on site
2 hours agoListing updated with changes from the MLS®
General Features
Attached Garage 
Yes
Garage 
Yes
Levels 
One
Number Of Stories 
1
Parking 
AttachedGarage
Pets 
Yes
Property Sub Type 
Condominium
Security 
Fire AlarmSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
1390
Style 
N/A
Utilities 
Cable AvailableElectricity Available
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalDryerMicrowaveRefrigeratorWasherElectric Water HeaterElectric Oven
Cooling 
Central AirElectric
Flooring 
Vinyl
Furnished 
Furnished
Heating 
CentralElectric
Laundry Features 
Common Area
Spa 
Yes
Window Features 
Window Treatments
Kitchen 
Dimensions - 10 x 9Level - FirstDescription - Open Concept
Laundry 
Dimensions - 7 x 6Level - FirstDescription - Seperate laundry Room
Living Room 
Dimensions - 30 x 15Level - FirstDescription - Open Concept Living Space
Master Bedroom 
Dimensions - 14 x 13Level - FirstDescription - Extra large Ensuite Bath
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Exterior Features
Construction Details 
BlockConcrete
Exterior 
Outdoor GrillOutdoor ShowerTennis Court(s)
Patio And Porch 
DeckPatio
Pool Features 
HeatedIn GroundCommunity
Roof 
Flat
Spa 
Yes
Windows/Doors 
Window Treatments
Community Features
Association Dues 
5309.62
Community Features 
PlaygroundPoolTennis Court(s)
HOA Fee Frequency 
Quarterly
MLS Area 
14 - Destin
Schools
School District
Unknown
Elementary School
Destin
Middle School
Destin
High School
Destin
Listing courtesy of Angela M Lemke of Bastion Realty LLC



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Emerald Coast Association of Realtors MLS.
Last checked: 2026-05-28 05:24 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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