4205 Indian Bayou TRL #3101 Destin, FL 32541 Open Sat 1PM-3PM

UPDATED: 06/12/2026 09:32 PM ON MARKET: 18 days on market

$485,000

2 Beds2 Baths1,390 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,390 sqft

Price per Sqft $348

Subdivision The Palms Of Destin Resort & Conference Center Ph 3

MLS Listing ID 1004119

Bedrooms 2

Full Baths 2

HOA Y/N Yes

Year Built 2007

Annual Tax Amount $4,819

Tax Year 2025

Property Sub-Type Condominium

Source Emerald Coast Association of REALTORS®

Land Area 1390

Property Description

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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