40
Map
$285,000
↓ $15K (5%)
●
Condo -
For Sale
4100 Dancing Cloud #268
Destin, FL 32541
2 Beds
2 Baths
1,013 Ft²
$1,584
Est. Monthly
8.10%
Cap Rate
About This Property
Turnkey Destin Investment!
Stand out in the Indian Lake market with this ground floor 2BR/2BA, perfect for high-yield rentals or full-time living. Tile flooring runs throughout, ideal for easy beachside upkeep. Sold fully furnished. Features include updated HVAC. Enjoy a private patio, plus access to a community pool and gym.
A short stroll from the Destin dog park and the sports complex, and just minutes to the Gulf.
Stand out in the Indian Lake market with this ground floor 2BR/2BA, perfect for high-yield rentals or full-time living. Tile flooring runs throughout, ideal for easy beachside upkeep. Sold fully furnished. Features include updated HVAC. Enjoy a private patio, plus access to a community pool and gym.
A short stroll from the Destin dog park and the sports complex, and just minutes to the Gulf.
Unit Size
1,013 Ft²
Days on Market
170 days
Land Size
-
Price per sqft
$281
Property Type
Condo
Property Taxes
$184
HOA Dues
-
Year Built
1996
Listed By
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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: 4 months ago (ECAR #1000743)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2026 | Price Decreased |
$285,000
↓ $15K
(5%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed by Coldwell Banker Realty | $300,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 9, 2022 | No longer available | - | |
| No longer available | |||
| May 14, 2022 | Listed by Keller Williams Realty Navarre | $300,000 | |
| Listed by Keller Williams Realty Navarre | |||
| | |||
|
Beautifully updated Destin condo! 2 bed, 2 bath with excellent rental income. This ground floor condo is freshly painted, updated and move in ready. Walk out the sliding glass doors to a small patio. Community offers a pool, gym and clubhouse. The condo has a trendy colour pallet, flowing tile flooring throughout, granite countertops, newer appliances, tiled bathtubs and plenty of closet space. The furniture in this condo conveys with the sale. This condo is conveniently located within walking distance to the dog park, and the sports complex. A few minutes drive to shopping, beaches, and attractions. The manager has listed the unit size as 1013 square feet.
| |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: Guest
Interior Details
Full Bathrooms: 2
Rooms: 4
Exterior Details
Has Property Attached
Square Footage: 1013
Property Condition: Construction Complete
Architectural Style: N/A
Year Built: 1999
Building Area Total: 1013
Pool Features: Pool Type
Lot Size Units: Acres
Financial Details
Tax Assessed Value: $1,639
Tax Annual Amount: $2,208
Utilities Details
Cooling Type: Central Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Ground Keeping
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 |
|---|---|---|---|---|---|---|---|
|
01/24/2025
|
2 Bed
|
2 Bath
|
1013 ft²
|
$310,000
2 Bed
2 Bath
1013 ft²
|
$285,000
-8.06%
04/25/2025
|
Simona Ghile
Acasa Realty LLC
| |
|
10/08/2023
|
2 Bed
|
2 Bath
|
1018 ft²
|
$285,000
2 Bed
2 Bath
1018 ft²
|
-
-
|
Hiller Group
EXP Realty LLC
| |
|
04/08/2023
|
2 Bed
|
2 Bath
|
1013 ft²
|
$294,900
2 Bed
2 Bath
1013 ft²
|
-
-
|
Skip on the Beach Team
Better Homes and Gardens Real Estate Emerald Coast
| |
|
06/30/2023
|
2 Bed
|
2 Bath
|
1013 ft²
|
$289,500
2 Bed
2 Bath
1013 ft²
|
-
-
|
Lisa R Snuggs
The Lisa Snuggs Real Estate Group
| |
|
03/27/2023
|
2 Bed
|
2 Bath
|
-
|
$298,000
2 Bed
2 Bath
|
$285,000
-4.36%
04/06/2023
|
Destin N Lowery
Home Town Realty Partners LLC
| |
|
11/15/2022
|
2 Bed
|
2 Bath
|
1013 ft²
|
$278,000
2 Bed
2 Bath
1013 ft²
|
-
-
|
Lisa R Snuggs
The Lisa Snuggs Real Estate Group
| |
|
10/22/2022
|
2 Bed
|
2 Bath
|
1013 ft²
|
$278,000
2 Bed
2 Bath
1013 ft²
|
-
-
|
Lisa R Snuggs
The Lisa Snuggs Real Estate Group
| |
|
10/20/2022
|
2 Bed
|
2 Bath
|
1013 ft²
|
$329,000
2 Bed
2 Bath
1013 ft²
|
-
-
|
Shannyn P Stevenson
Newman Dailey Resort Properties
| |
|
05/14/2022
|
2 Bed
|
2 Bath
|
1013 ft²
|
$300,000
2 Bed
2 Bath
1013 ft²
|
-
-
|
The Dawn Burt Team
Keller Williams Realty Navarre
| |
|
05/11/2022
|
2 Bed
|
2 Bath
|
1013 ft²
|
$259,000
2 Bed
2 Bath
1013 ft²
|
$259,000
06/23/2022
|
Shaun S Roberts
The Premier Property Group
| |
|
04/28/2022
|
2 Bed
|
2 Bath
|
1013 ft²
|
$284,900
2 Bed
2 Bath
1013 ft²
|
-
-
|
Skip Miller
Better Homes and Gardens Real Estate Emerald Coast
| |
|
03/30/2022
|
2 Bed
|
2 Bath
|
1013 ft²
|
$279,900
2 Bed
2 Bath
1013 ft²
|
-
-
|
Shannyn P Stevenson
Newman Dailey Resort Properties
| |
|
12/28/2019
|
2 Bed
|
2 Bath
|
1013 ft²
|
$139,000
2 Bed
2 Bath
1013 ft²
|
-
-
|
-
| |
|
06/07/2018
| |
2 Bed
|
2 Bath
|
1018 ft²
|
-
2 Bed
2 Bath
1018 ft²
|
-
-
|
-
|
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1013 ft²
|
-
2 Bed
2 Bath
1013 ft²
|
-
-
|
-
|
|
03/03/2017
|
2 Bed
|
2 Bath
|
1013 ft²
|
$90,000
2 Bed
2 Bath
1013 ft²
|
$93,000
+3.33%
03/24/2017
|
Heather Blatz
Keller Williams - Destin
| |
|
03/01/2016
|
2 Bed
|
2 Bath
|
1013 ft²
|
$130,000
2 Bed
2 Bath
1013 ft²
|
$130,000
03/02/2016
|
Lisa Snuggs
The Lisa Snuggs Real Estate Group
| |
|
01/12/2016
|
2 Bed
|
2 Bath
|
1018 ft²
|
$119,900
2 Bed
2 Bath
1018 ft²
|
$119,000
-0.75%
03/05/2016
|
Alex McGraw
Southern Winds Realty LLC
| |
|
12/23/2015
|
2 Bed
|
2 Bath
|
1013 ft²
|
$106,000
2 Bed
2 Bath
1013 ft²
|
$106,000
12/30/2015
|
Lisa Snuggs
The Lisa Snuggs Real Estate Group
| |
|
12/23/2015
|
2 Bed
|
2 Bath
|
1013 ft²
|
$106,000
2 Bed
2 Bath
1013 ft²
|
$106,000
12/30/2015
|
Lisa Snuggs
The Lisa Snuggs Real Estate Group
| |
|
07/20/2015
|
2 Bed
|
2 Bath
|
1013 ft²
|
$116,000
2 Bed
2 Bath
1013 ft²
|
$100,000
-13.79%
12/03/2015
|
Denise Dufault
Sea Coast Realty Group Inc
| |
|
02/03/2015
|
2 Bed
|
2 Bath
|
1025 ft²
|
$105,000
2 Bed
2 Bath
1025 ft²
|
$105,000
04/06/2015
|
Lisa Van Zelst
Coldwell Banker Realty
| |
|
09/20/2014
|
2 Bed
|
2 Bath
|
1013 ft²
|
$115,000
2 Bed
2 Bath
1013 ft²
|
$113,000
-1.74%
10/03/2014
|
Laurie Hollowell Team
Keller Williams Realty Destin
| |
|
06/16/2014
|
2 Bed
|
2 Bath
|
1013 ft²
|
$99,900
2 Bed
2 Bath
1013 ft²
|
$94,750
-5.16%
07/15/2014
|
Reba Hudspeth
ERA American Real Estate
| |
|
12/04/2013
|
2 Bed
|
2 Bath
|
1025 ft²
|
$96,000
2 Bed
2 Bath
1025 ft²
|
$97,500
+1.56%
07/18/2014
|
Misty Butler
Rivard Realty of South Walton Inc
| |
|
11/01/2011
|
2 Bed
|
2 Bath
|
1013 ft²
|
$75,000
2 Bed
2 Bath
1013 ft²
|
$61,000
-18.67%
06/18/2012
|
Chris Abbott Group
Scenic Sotheby's International Realty
|
Building Info
4100 Dancing Cloud Court
4100 Dancing Cloud Court, Destin, FL 32541
- 2 Units for Sale
About Indian Lake
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Listed by: Brian N Ligon, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1000743
Last Updated: 4 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1000743
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