#969381, Elizabeth A Belter, Listing office: Compass
$899,000 List price
4735 Papaya Park Destin, FL 32541
3 beds
2 full
2,145 sqft
0.2 acres
$419 / sqft
House
Property details
About 4735 Papaya Park
Own This Remodeled Beach House in Destiny East for Just 10% Down! Gated Luxury • Designer Finishes • Walk to the Gulf. Welcome to your dream retreat in prestigious Destiny East—Destins premier gated beachside community, where lush tropical landscaping, world-class amenities, and unbeatable walkability create the ultimate coastal lifestyle. And with local lender financing available for just 10% down at a great rate, luxury beach living has never been more accessible. This beautifully updated 3-bedroom, 2-bath home offers the perfect blend of sophistication and comfort. Step inside to a bright, open-concept kitchen featuring endless granite countertops, custom designer backsplash, stainless steel appliances, and abundant cabinet space. Read more.... The living room boasts a gas fireplace, built-in cabinetry, and flows seamlessly into a screened lanai ideal for relaxing after beach days or entertaining guests. The backyard is gorgeously layered and has plenty of room for a private pool. Enjoy peace of mind with a whole-house Generac generator, a 2-year-old HVAC system and water heater, remediated attic, and new insulation (2023). Both bathrooms offer luxurious whirlpool jetted tubs, and the interior and exterior have been tastefully updated, including fresh exterior paint in 2024. But the real magic? Its all outside your door. Club Destiny features a heated resort-style pool with waterfall, tennis & pickleball courts, basketball, hot tub, playground, and even a private movie theater. Youll also have access to a second pool along Four Prong Lake on your way to the beach. Walk to Tuscany Italian Bistro, or enjoy seafood at The Crab Trap or Captain Daves - all just minutes away from your front door. Location, luxury, and lifestyle - this is beach living at its finest. Schedule your private showing today and ask how to secure this home with only 10% down! This meticulously maintained home has never been used as a rental and has been lovingly cared for by its owners, reflecting true pride of ownership throughout. While it has been a private retreat, the property offers outstanding potential as a short-term rental, with strong income projections thanks to its prime location, luxurious amenities, and close proximity to the sugar-white beaches of the Emerald Coast.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCeiling Fan(s), Central Air, Gas
Size2,145 sqft
Lot size0.17 Acres
Year built1999
ParkingGarage, Deeded, Oversized
MLS #981700
Attached garage2 spaces
FireplaceFireplace
Summary
- Full Bathrooms: 2
- Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Self Cleaning Oven, Refrigerator, Refrigerator, Ice Maker, Washer, Gas Water Heater
- Interior: Breakfast Bar, Built-in Bookshelves, Ceiling Crown Molding, Tray/Cofferd Ceiling, Fireplace, Recessed Lighting, Newly Painted, Pantry
- Fireplace: Fireplace
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Garage, Deeded, Oversized
- Exterior: Rain Gutter, Fenced Back Yard, Hurricane Shutters, Lawn Pump, Sprinkler System
- Architectural Style: Contemporary
- Heating: Natural Gas
- Cooling: Ceiling Fan(s), Central Air, Gas
- List Price: $899,000
- Price/SqFt: $419
- HOA Amount: $960 Quarterly
- Annual Tax Amount: $7,731
- Tax Year: 2023
- Lot: Covenant/Restriction, Dead End Street, Level, Within 1/2 Mile to Water
- Directions: Emerald Coast parkway to Destiny East, one mile east of Danny Wuerffel (mid bay bridge). Through gates go left to first stop. Turn left on to Papaya Pk and home is on the left (4735). From Scenic 98 going east past Crab Trap Restaurant, Destiny East is first subdivision on the left...through gate, immediate left to 2nd stop turn right onto Papaya Pk
- Year Built: 1999
- Stories: 1
- Living Area: 2,145 SqFt
- Lot Size: 0.17 Acres
- MLS Number: 981700
- Office Name: RealJoy Realty LLC
- Office Email: chad.hatfield@resortrealty.us
- Listing Agent: Kyle V Hock
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 5:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 05, 2015 | Home Sold | $415,000 |
| Apr 01, 2002 | Home Sold | $285,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $734,333 | $7,731 |
| 2022 | $614,497 | $6,802 |
| 2021 | $473,939 | $6,802 |
| 2020 | $441,167 | $5,885 |
| 2018 | $394,895 | $5,070 |
| 2017 | $380,520 | $4,973 |
History based on county public records data.
Nearby schools
8
Destin Elementary School
Public District PK-4
5.3 mi
•630 Kelly St
9
Bluewater Elementary School
Public District KG-5
7.3 mi
•4545 Range Rd
7
Van R. Butler Elementary School
Public District KG-5
8.7 mi
•6694 W County Highway 30A
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $92,206. The most common annual income of people living in Destin, FL is between $35k-100k. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
3%
<35k
52%
35k-100k
30%
100k-200k
15%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
27%
Single, No Kids
6%
Single, with Kids
47%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
8%
12-17 yrs old
11%
18-34 yrs old
48%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Express/Express For Men
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4735 Papaya Park
The listing price of 4735 Papaya Park property is $899,000.
The property 4735 Papaya Park is a house located in Destin, Florida, 32541.
Active Listing: 4735 Papaya Park is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4735 Papaya Park are: Destin Elementary School (GreatSchools Rating 8/10), Bluewater Elementary School (GreatSchools Rating 9/10), Van R. Butler Elementary School (GreatSchools Rating 7/10), Destin Middle School (GreatSchools Rating 8/10), Lewis School (GreatSchools Rating 8/10), C.W. Ruckel Middle School (GreatSchools Rating 9/10), Niceville High School (GreatSchools Rating 6/10), Collegiate High School at Northwest Florida State College (GreatSchools Rating 9/10), South Walton High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $7,731 (source: MLS/based on county public records data).
The last sale was on March 5, 2015 for $415,000 (source: MLS/tax record).
The property at 4735 Papaya Park has 3 bedrooms and 2 bathrooms.
The property 4735 Papaya Park is 2,145 SqFt (source: MLS/tax record).
The year of construction for 4735 Papaya Park is 1999.
This home is located at 4735 Papaya Park in Destin, FL and zip code 32541. This 2,145 square foot home, which was built in 1999, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 1, 2025 and is currently priced at $899,000.
Over 4 listings were sold over their listed price in July 2025 in Destin, FL. In the same period over 47 listings were sold below the listed price and 11 listings were sold for the listed price. The number of homes for sale in Destin, FL increased by 0.5% between June and July 2025. Listings spent 103 days on the market in July 2025, and had a median list price of $585,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.