4205 Indian Bayou Trail 3101, Destin

$485,000

2 Beds
2 Baths
1,390 Sqft
0 Acre
0 Garage

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

Essential Information
MLS® #1004119
Price$485,000
Sold Price$460,000
Date Sold$2026-08-14
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,390
Year Built2007
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusSold
Community Information
Address4205 Indian Bayou Trail 3101
Area14 - Destin
CityDestin
CountyOkaloosa
StateFL
Zip Code32541
Subdivision

THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 3

Amenities
Has PoolYes
PoolHeated, In Ground
Utilities

Electric, Public Sewer, Public Water, TV Cable

Interior
HeatingCentral
CoolingCentral Air
Interior Features

Owner's Closet, Split Bedroom, Washer/Dryer Hookup

Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater

Exterior
WindowsWindow Treatments
RoofFlat
ConstructionBlock, Concrete
Exterior Features

Outdoor Grill, Hot Tub, Pavillion/Gazebo, Outdoor Shower, Tennis Court(s), Separate Living Area

School Information
ElementaryDestin
MiddleDestin
HighDestin
Additional Information
Days on Website140
Listing Details
OfficeBastion Realty LLC
LISTING MAP

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 15th, 2026 at 8:38am CDT.