Check Availability
$1,980,000
↓ $5K (0.3%)
● House - For Sale

4720 Rendezvous Cove

Destin, FL 32541
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,109 Ft²
$9,723
Est. Monthly
1.05%
Cap Rate

About This Property

Welcome to 4720 Rendezvous Cove ''Sea of Dreams'' - where elevated coastal living meets serene lakefront tranquility in one of Destin's most coveted gated communities, Destiny East. This recently updated 4-bedroom, 4.5-bath luxury retreat is perfectly positioned on the peaceful shores of Four Prong Lake, offering captivating water views, stunning sunsets, and total privacy. A fantastic rental property with over $100K in base rental income for 2025 and is already over $105k for 2026, with a lot left to book! Meticulously renovated and professionally furnished, this home blends timeless elegance with fresh, modern flair. From the moment you enter, natural light pours into expansive living spaces, highlighting high-end finishes and thoughtful details throughout. The.. chef's kitchen has been completely upgraded with quartz countertops, a sleek new backsplash, and all-new stainless steel appliances including a refrigerator, oven, dishwasher, and wine cooler making it as functional as it is beautiful. Freshly painted walls, custom trim, and new designer furniture in every room elevate the home's inviting, coastal aesthetic. With two spacious master suites one upstairs and one down plus ensuite bathrooms and walk-in closets for every bedroom, the layout offers luxurious comfort and privacy for family and guests alike. The open-concept floor plan, wide hallways, and generous gathering spaces make entertaining effortless and enjoyable.
Step outside to your private backyard oasis, where a resort-style pool and spa overlook the lake and are equipped with LED lighting, a new gas heater, pump, plaster, tile, and a freshly installed irrigation system and landscape lighting. Whether you're soaking in the spa or lounging poolside under a painted sky, this space is a showstopper complete with sweeping Gulf views from the upstairs balcony. Just a short walk to the beach or a quick ride via golf cart, this location offers unbeatable access to the best of the Emerald Coast. As a resident of Destiny East, you'll also enjoy premium community amenities including a large resort pool, tennis courts, clubhouse, grilling area, and playground - all just minutes from Destin's top dining, shopping, and sugar-white beaches. Don't miss your opportunity to own this extraordinary coastal escape. "Sea of Dreams" is more than a home it's a lifestyle.
Unit Size
3,109 Ft²
Days on Market
251 days
Land Size
0.25 acres
Price per sqft
$637
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000

Listed By

Caleb Midgett
Scenic Sotheby's International Realty

Payment Calculator

Cap Rate Calculator

Last updated: 4 days ago (ECAR #975758)

Price History

Date / Event Date Event Price
Sep 25, 2026 Price Decreased $1,980,000
↓ $5K (0.3%)
Price Decreased
Sep 18, 2026 Price Decreased $1,985,000
↓ $5K (0.3%)
Price Decreased
Aug 27, 2026 Price Decreased $1,990,000
↓ $5K (0.3%)
Price Decreased
Jul 6, 2026 Price Decreased $1,995,000
↓ $79K (3.8%)
Price Decreased
May 23, 2026 Price Decreased $2,074,000
↓ $25K (1.2%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage, Golf Cart Enclosed
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Appliances: Cooktop, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Auto Garage Door Opn, Oven Self Cleaning, Security System, Smoke Detector, Stove/Oven Gas
Rooms: 6
Exterior Details
Square Footage: 3109
Property Condition: Construction Complete
Architectural Style: Traditional
Year Built: 2000
Waterfront Features: Lake Front
Building Area Total: 3109
Window Features: Double Pane Windows
Construction Materials: Stucco
Patio and Porch Features: Enclosed, Deck Open
Pool Features: Heated, Pool - In-Ground, Pool Type
Pool is Private
Lot Features: Bulkhead/Seawall, Covenants, Interior, Restrictions, Within 1/2 Mile to Water
Lot Size Area: 0.25
Lot Size Units: Acres
Lot Size Acres: 0.25
Lot Size Square Feet: 10890
Lot Size Dimensions: 65X188X61X160
Water Source: Public
Financial Details
Tax Assessed Value: $321
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 654
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,828
  • Total Building Area: 5,067
  • Gross Building Area: 5,067
  • Building Area: 3,109
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,109
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DESTINY EAST PH I
  • Land Acres: 0000000249
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: DESTINY EAST PH I LOT 35

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023308

Geography

  • Assessors Map Reference: 47
  • Subdivision Phase Number: 1
  • Parcel: 00-2S-22-0072-0000-0350
  • Lot: 35
  • Municipality: DESTIN
  • Latitude: 30.3839
  • Longitude: -86.4057

    Address

  • Full Address: 4720 Rendezvous Cv
  • Address - House Number: 4720
  • Address - Street Name: Rendezvous
  • Address - Suffix Type: Cv
  • State: FL
  • City Name: Destin
  • Carrier Code: C018
  • 4-Digit Zip Code: 4782
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 3,860
  • Tax Year: 2023
  • Tax Amount: $1,540,784
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.2544
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 1,345,461
  • High Value: 1,687,756
  • Low Value: 1,003,166

    Market Valuation

  • Market Total Value: $1,289,769
  • Market Land Value: $459,221
  • Market Improvement Value: $830,548

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,289,769
  • Assessed Land Value: $459,221
  • Assessed Improvements Value: $830,548

    Sales

  • Current Sale Contract Date: Jun 17, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3632848
  • Previous Sale Recording Date: Sep 12, 2022
  • Previous Sale Contract Date: Sep 08, 2022
  • Previous Sale Amount: $1,800,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Destiny East


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Frequently Asked Questions

When was property at 4720 Rendezvous Cove built and last sold?
The property at 4720 Rendezvous Cove was built in 2000 and last sold on Jun 17, 2023 for $1,328,500.
How much is this home worth?
The estimated value of the home located at 4720 Rendezvous Cove is $1,979,276.
What are some comparable homes to 4720 Rendezvous Cove?
There are currently no comparable homes to 4720 Rendezvous Cove.