Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1988
Sq.Footage
2,683
Unlock the potential of this exceptional investment opportunity in the highly desirable Indian Bayou community. Situated on an oversized 0.39-acre lot, this property offers a rare chance to create significant value in one of Destin's most established and sought-after neighborhoods. The existing home features an attached garage, an in-ground concrete swimming pool, and a spacious homesite with ample room to reimagine the property to its full potential. While the residence requires an extensive renovation, the combination of location, lot size, and existing improvements creates a compelling opportunity for investors, builders, or buyers seeking a renovation project with strong upside potential. Indian Bayou is known for its mature landscaping, central location, and proximity to Destin's beaches, shopping, dining, golf, and entertainment, making renovated properties in the area highly desirable. Whether your vision is a complete remodel, a long-term investment, or a profitable resale project, this property offers the foundation to capitalize on a proven market. Adding to its appeal, the sellers are willing to consider short-term seller financing for qualified buyers, providing additional flexibility and a unique opportunity in today's lending environment. Bring your vision and creativity--opportunities to acquire a property with this level of potential in Indian Bayou are increasingly rare.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Frame, Brick
-
Other Exterior Features
Private Yard
-
Parking
Garage, Attached
-
Patio and Porch Features
Patio
-
Pool
Yes
-
Pool Features
In Ground, Private
Area & Lot
-
Lot Size(acres)
0.39
-
Lot Size(square feet)
16988.4
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Traditional
Price
-
Sales Price
$425,000
-
Tax Amount
$2,681.82
-
Zoning
Resid Single Family
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
Yes
-
Association Fee
$250
-
Association Fee Frequency
Annually
-
Association Fee Includes
N/A
School District
-
Elementary School
Destin
-
Middle School
Bruner
-
High School
Fort Walton Beach
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Okaloosa
Elementary School
Destin
Middle School
Bruner
High School
Fort Walton Beach
Listing Courtesy of Craig Baranowski , Scenic Sotheby's International Realty
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REALTOR®
Melissa Brown
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