$198,832*
●
Condo -
Off Market
4000 Dancing Cloud Court #21
Destin, FL 32541
1 Bed
1 Bath
743 Ft²
$144,000 - $174,000
Reference Base Price*
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
1BR/1BA, 743SF condo on the 3rd floor. This unit features a nice
sized living space with dining and balcony access. The kitchen
features black appliances & laundry closet. There is also a full
hallway bath and a nice sized bedroom. Indian Lake amenities
include a pool, gym, & picnic area. Just a short walk to the dog
park and a short drive to the beach, shopping, entertainment, &
more.
The manager has listed the unit size as 743 square feet.
The manager has listed the unit size as 743 square feet.
Unit Size
743 Ft²
Days on Market
-
Land Size
-
Price per sqft
$215
Property Type
Condo
Property Taxes
$830
HOA Dues
-
Year Built
1999
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2023 | No longer available | - | |
| No longer available | |||
| Dec 20, 2022 | Listed | $245,000 | |
| Listed | |||
| | |||
|
Photos coming soon - arranging with tenant. One bedroom/one bath with full kitchen. Indian Lake features clubhouse, barbeque/picnic area, fitness center, playground and a pool. The Indian Lake Community is located in the heart of Destin and is convenient to shopping, dining, and a dog park. The manager has listed the unit size as 734 square feet.
| |||
| Mar 19, 2021 | No longer available | - | |
| No longer available | |||
| Feb 12, 2021 | Price Increased |
$159,900
↑ $30K
(23.1%) | |
| Price Increased | |||
| Dec 31, 2020 | Price Increased |
$129,900
↑ $6K
(5.2%) | |
| Price Increased | |||
Show More
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/04/2025
|
1 Bed
|
1 Bath
|
-
|
$179,000
1 Bed
1 Bath
|
$159,000
-11.17%
10/22/2025
|
Colin Kirkwood
Newman Dailey Resort Properties
| |
|
10/27/2024
|
2 Bed
|
2 Bath
|
1013 ft²
|
$279,900
2 Bed
2 Bath
1013 ft²
|
$273,000
-2.47%
12/20/2024
|
Matthew J Gardner
Beachfront Properties Real Estate LLC
| |
|
07/20/2024
|
1 Bed
|
1 Bath
|
743 ft²
|
$209,500
1 Bed
1 Bath
743 ft²
|
$178,000
-15.04%
02/11/2025
|
SARA DAVIS
KELLER WILLIAMS REALTY GULF COAST
| |
|
03/10/2024
|
1 Bed
|
1 Bath
|
734 ft²
|
$235,000
1 Bed
1 Bath
734 ft²
|
-
-
|
Tim Shepard
Destin Real Estate
| |
|
08/29/2023
|
1 Bed
|
1 Bath
|
743 ft²
|
$259,000
1 Bed
1 Bath
743 ft²
|
-
-
|
Shannyn P Stevenson
Newman Dailey Resort Properties
| |
|
12/24/2022
|
2 Bed
|
2 Bath
|
1013 ft²
|
$325,000
2 Bed
2 Bath
1013 ft²
|
-
-
|
Shannyn P Stevenson
Newman Dailey Resort Properties
| |
|
12/20/2022
|
1 Bed
|
1 Bath
|
734 ft²
|
$245,000
1 Bed
1 Bath
734 ft²
|
-
-
|
Destin N Lowery
Brix Realty
| |
|
05/17/2022
|
2 Bed
|
2 Bath
|
1013 ft²
|
$269,000
2 Bed
2 Bath
1013 ft²
|
$269,000
09/02/2022
|
Christopher G Lambert
Real Broker LLC
| |
|
04/20/2022
|
1 Bed
|
1 Bath
|
743 ft²
|
$200,000
1 Bed
1 Bath
743 ft²
|
$211,000
+5.50%
06/03/2022
|
Heather Sprigler
Newman Dailey Resort Properties
| |
|
03/31/2022
|
2 Bed
|
2 Bath
|
1013 ft²
|
$279,900
2 Bed
2 Bath
1013 ft²
|
-
-
|
Shannyn P Stevenson
Newman Dailey Resort Properties
| |
|
03/27/2022
|
2 Bed
|
2 Bath
|
1013 ft²
|
$309,000
2 Bed
2 Bath
1013 ft²
|
-
-
|
Patrick D Pate
Beach Haven Realty
| |
|
07/30/2021
|
2 Bed
|
2 Bath
|
1025 ft²
|
$210,000
2 Bed
2 Bath
1025 ft²
|
$210,000
11/10/2021
|
Jacqueline Luberto
Realty ONE Group Emerald Coast
| |
|
08/31/2021
|
1 Bed
|
1 Bath
|
743 ft²
|
$154,900
1 Bed
1 Bath
743 ft²
|
-
-
|
Ava C Griffith
Better Homes and Gardens Real Estate Emerald Coast
| |
|
06/07/2019
|
2 Bed
|
2 Bath
|
1013 ft²
|
$135,000
2 Bed
2 Bath
1013 ft²
|
-
-
|
-
| |
|
05/19/2019
|
2 Bed
|
2 Bath
|
1025 ft²
|
$128,000
2 Bed
2 Bath
1025 ft²
|
$128,000
06/19/2019
|
Amy M Berry
| |
|
12/21/2018
|
1 Bed
|
1 Bath
|
743 ft²
|
$123,500
1 Bed
1 Bath
743 ft²
|
-
-
|
-
| |
|
06/07/2018
|
1 Bed
|
1 Bath
|
745 ft²
|
$105,000
1 Bed
1 Bath
745 ft²
|
$105,000
06/04/2019
|
Shannyn P Stevenson
| |
|
06/07/2018
|
1 Bed
|
1 Bath
|
743 ft²
|
$119,000
1 Bed
1 Bath
743 ft²
|
$109,000
-8.40%
05/02/2019
|
Janie M McDonald
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1025 ft²
|
-
2 Bed
2 Bath
1025 ft²
|
-
-
|
-
|
|
10/13/2016
|
2 Bed
|
2 Bath
|
1025 ft²
|
$117,900
2 Bed
2 Bath
1025 ft²
|
$113,000
-4.16%
03/01/2018
|
Paul Shorey
Engel & Volkers Destin
| |
|
05/14/2016
|
2 Bed
|
2 Bath
|
1013 ft²
|
$125,000
2 Bed
2 Bath
1013 ft²
|
$121,500
-2.80%
09/08/2016
|
Michaela Warner
Keller Williams Realty Destin
| |
|
05/04/2015
|
2 Bed
|
2 Bath
|
1013 ft²
|
$120,000
2 Bed
2 Bath
1013 ft²
|
$120,000
02/12/2016
|
Lisa Snuggs
Keller Williams Realty Destin
| |
|
03/21/2014
|
2 Bed
|
2 Bath
|
1013 ft²
|
$124,500
2 Bed
2 Bath
1013 ft²
|
$111,000
-10.84%
12/23/2015
|
Shannyn Stevenson
Newman Dailey Resort Properties
| |
|
06/03/2013
|
2 Bed
|
2 Bath
|
1013 ft²
|
$99,900
2 Bed
2 Bath
1013 ft²
|
$96,000
-3.90%
06/19/2013
|
Patricia Williams
REALTY ONE GROUP MVP
| |
|
05/02/2013
|
2 Bed
|
2 Bath
|
1013 ft²
|
$115,000
2 Bed
2 Bath
1013 ft²
|
$108,800
-5.39%
10/25/2013
|
Denise Dufault
Gulf Coast Realty Group FL
| |
|
06/21/2012
|
1 Bed
|
1 Bath
|
745 ft²
|
$54,900
1 Bed
1 Bath
745 ft²
|
$54,900
10/05/2012
|
Wendy Demaray
Sugar Sand Real Estate Service
| |
|
02/24/2010
|
1 Bed
|
1 Bath
|
743 ft²
|
$60,000
1 Bed
1 Bath
743 ft²
|
$50,000
-16.67%
09/07/2012
|
Alex McGraw
Southern Winds Realty LLC
|
Building Info
4000 Dancing Cloud Court
4000 Dancing Cloud Court, Destin, FL 32541
- 1 Unit for Sale
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017