$210,000
●
Condo -
Off Market
4050 Dancing Cloud Court #310
Destin, FL 32541
2 Beds
2 Baths
1,090 Ft²
$1,105
Est. Monthly
About This Property
Professional photos coming soon! 2-bed, 2-bath condo in
Indian Lakes in Destin, Florida, offering peaceful water views of
the pond and community pool. This light-filled home features an
open living and dining area, spacious bedrooms, and a
well-appointed kitchen with breakfast bar seating. Enjoy relaxing
mornings or evening sunsets from the private balcony overlooking
the water. The thoughtful layout provides comfortable living and
ideal space for guests. Located just minutes from Destin's
world-famous beaches, shopping, dining, and entertainment, this
condo is perfect as a primary residence, vacation getaway, or
investment opportunity in the heart of the Emerald Coast.
Unit Size
1,090 Ft²
Days on Market
59 days
Land Size
-
Price per sqft
$206
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
-
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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.
Last updated: 6 months ago (ECAR #998093)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Apr 12, 2026 | In contract | - | |
| In contract | |||
| Mar 13, 2026 | Listed by 1 Percent Lists Florida Coast | $224,900 | |
| Listed by 1 Percent Lists Florida Coast | |||
Property Highlights
Air Conditioning
With View
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Vaulted
Appliances: Dishwasher, Disposal, Refrigerator, Smoke Detector, Stove/Oven Electric
Flooring Type: Floor Tile
Rooms: 4
Exterior Details
Has Property Attached
Square Footage: 1090
Security Features: Fire Alarm/Sprinkler
Property Condition: Construction Complete
Architectural Style: N/A
Year Built: 2003
Waterfront Features: Pond
Building Area Total: 1090
Pool Features: Pool Type
Pool is Private
Lot Size Units: Acres
Financial Details
Tax Assessed Value: $1,878
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Trash, Accounting, Ground Keeping, Recreational Faclty
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 |
|---|---|---|---|---|---|---|---|
|
03/13/2026
|
2 Bed
|
2 Bath
|
1090 ft²
|
$224,900
2 Bed
2 Bath
1090 ft²
|
$210,000
-6.63%
05/14/2026
|
Chad Roig
1 Percent Lists Florida Coast
| |
|
04/12/2024
|
3 Bed
|
2 Bath
|
1254 ft²
|
$315,000
3 Bed
2 Bath
1254 ft²
|
-
-
|
Tim Shepard
Destin Real Estate
| |
|
04/11/2024
|
3 Bed
|
2 Bath
|
-
|
$315,000
3 Bed
2 Bath
|
$305,000
-3.17%
10/07/2024
|
Tim Shepard
Destin Real Estate
| |
|
04/30/2022
|
3 Bed
|
2 Bath
|
1254 ft²
|
$335,000
3 Bed
2 Bath
1254 ft²
|
-
-
|
The Connart Group
EXP Realty LLC
| |
|
08/05/2021
|
3 Bed
|
2 Bath
|
1254 ft²
|
$237,000
3 Bed
2 Bath
1254 ft²
|
$230,000
-2.95%
12/20/2021
|
Shannon D Helmuth
Realty ONE Group Emerald Coast
| |
|
08/26/2019
|
3 Bed
|
2 Bath
|
1254 ft²
|
$163,500
3 Bed
2 Bath
1254 ft²
|
$160,000
-2.14%
03/10/2020
|
Janette A Klein
| |
|
06/07/2019
|
3 Bed
|
2 Bath
|
1254 ft²
|
$158,000
3 Bed
2 Bath
1254 ft²
|
$155,000
-1.90%
07/29/2019
|
Judy E Duhon
| |
|
06/07/2018
| |
2 Bed
|
2 Bath
|
1090 ft²
|
-
2 Bed
2 Bath
1090 ft²
|
-
-
|
-
|
|
06/07/2018
|
3 Bed
|
2 Bath
|
1254 ft²
|
-
3 Bed
2 Bath
1254 ft²
|
-
-
|
-
| |
|
07/31/2017
| |
3 Bed
|
2 Bath
|
1254 ft²
|
-
3 Bed
2 Bath
1254 ft²
|
-
-
|
-
|
|
08/16/2014
|
3 Bed
|
2 Bath
|
1254 ft²
|
$121,900
3 Bed
2 Bath
1254 ft²
|
$111,900
-8.20%
01/28/2015
|
Patricia Williams
REALTY ONE GROUP MVP
| |
|
01/28/2014
|
2 Bed
|
2 Bath
|
1090 ft²
|
$109,995
2 Bed
2 Bath
1090 ft²
|
$109,995
02/18/2014
|
Mark A DeSalvo
Newman Dailey Resort Properties
|
Building Info
4050 Dancing Cloud Court
4050 Dancing Cloud Court, Destin, FL 32541
- 2 Units for Sale
About Indian Lake
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Currently no similar homes aroundNearby Rentals
Listed by: Chad A Roig, 1 Percent Lists Florida Coast
Last Updated: 6 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 998093
Last Updated: 6 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 998093
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