For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Okaloosa 32541 Indian Lake
4035 Drifting Sand Trail
$326,500
● House - Off Market

4035 Drifting Sand Trail

Destin, FL 32541
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,725 Ft²
$541,325
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

The ONLY home listed in Indian Lakes. Well maintained home with all wood laminate flooring, tile in wet areas. Corian kitchen counter tops in the kitchen with lots of cabinet space and walk in pantry. Kitchen nook has a bay window that overlooks back yard with 6 ft. privacy fence. The master bedroom has a large walk in closet with built in shelving and jetted tub with separate shower. Recent (2015) new A/C inside and outside units. This home has a great amount of natural light and crown molding details throughout, natural gas fireplace and stove, built in tv console, custom plantation blinds, and $4000.00 worth of custom drapery conveys. Hurricane shutters convey, garage has cabinets for storage, pull down attic stairs and commercial grade baseboards that repel water. Lush landscaping!
Unit Size
1,725 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$186
Property Type
House
Property Taxes
$141
HOA Dues
$215
Year Built
1999

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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.

Last updated: 2 years ago (ECAR MLS #753484)

Price History

Date / Event Date Event Price
Jul 7, 2016 Sold
Premium
Sold
May 25, 2016 Listed by Coldwell Banker Realty $320,000
Listed by Coldwell Banker Realty
Apr 14, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 644
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,683
  • Total Building Area: 2,613
  • Gross Building Area: 2,613
  • Building Area: 1,725
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,725
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN LAKE PH III
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: INDIAN LAKE PH III LOT 13

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023304

Geography

  • Assessors Map Reference: 47
  • Subdivision Phase Number: 3
  • Parcel: 00-2S-22-4517-0000-0130
  • Block: 1
  • Lot: 13
  • Municipality: DESTIN FIRE DISTRICT
  • Latitude: 30.3932
  • Longitude: -86.4556

    Address

  • Full Address: 4035 Drifting Sand Trl
  • Address - House Number: 4035
  • Address - Street Name: Drifting Sand
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: Destin
  • Carrier Code: C002
  • 4-Digit Zip Code: 3365
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,206
  • Tax Year: 2023
  • Tax Amount: $443,451
  • Tax Rate Code Area: 009

    Appraisal Valuation

  • Standard Deviation: 0.1955
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 588,727
  • High Value: 703,865
  • Low Value: 473,589

    Market Valuation

  • Market Total Value: $438,872
  • Market Land Value: $117,201
  • Market Improvement Value: $321,671

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $438,872
  • Assessed Land Value: $117,201
  • Assessed Improvements Value: $321,671

    Sales

  • Current Sale Contract Date: Apr 06, 2021
  • Current Sale Recording Date: May 04, 2021
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 3452086
  • Previous Sale Recording Date: Apr 14, 2010
  • Previous Sale Contract Date: Apr 13, 2010
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Indian Lake

Stats & Trends

Median Asking:

$224,900

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

62

Average Home Size

1065 ft²

Average Home Age

25.3 years

Currently For Sale

22 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
ECAR

Listed by: Sandra L Sharpe, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 753484
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 4035 Drifting Sand Trail built and last sold?
The property at 4035 Drifting Sand Trail was built in 1999 and last sold on Apr 6, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 4035 Drifting Sand Trail is $0.
What are some comparable homes to 4035 Drifting Sand Trail?
There are currently no comparable homes to 4035 Drifting Sand Trail.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Fort Walton Beach Homes for Sale
Fort Walton Beach Houses for Sale
Fort Walton Beach Condos for Sale
Fort Walton Beach Townhouses for Sale
Fort Walton Beach Land for Sale
Fort Walton Beach Commercial for Sale
Fort Walton Beach Homes with Basements
Fort Walton Beach Homes with Pools
Nearby Cities
Miramar Beach Homes for Sale
Destin Homes for Sale
Navarre Homes for Sale
Midway Homes for Sale
Wright Homes for Sale
Pace Homes for Sale
Freeport Homes for Sale
Niceville Homes for Sale
Nearby Property Records
Okaloosa County, FL Property Records
Walton County, FL Property Records
Santa Rosa County, FL Property Records
Escambia County, FL Property Records
Washington County, FL Property Records
Bay County, FL Property Records
Holmes County, FL Property Records
Escambia County, AL Property Records
Neighborhoods
Santa Rosa Island Real Estate
Downtown Destin Real Estate
Crystal Beach Real Estate
Wild Heron Real Estate
Port Dixie Real Estate
Destin Harbor Real Estate
Seabreeze Real Estate
Northwest Real Estate
Nearby Counties
Walton Beaches Homes for Sale
Holley-Navarre Homes for Sale
Midway Homes for Sale
Niceville-Valparaiso Homes for Sale
Freeport Homes for Sale
East Milton Homes for Sale
Avalon-Mulat Homes for Sale
Navarre Beach Homes for Sale
Top Real Estate Agents
Top Agents in Indian Lake
Top Agents in Fort Walton Beach
Top Agents in Walton Beaches
Top Agents in 32459
Top Agents in 32541
Top Agents in Miramar Beach
Top Agents in 32550
Top Agents in 32566