See Home Value
$970,000
● House - Off Market

4779 Bonaire Cay

Destin, FL 32541
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,100 Ft²
$6,238
Est. Monthly
0.40%
Cap Rate

About This Property

**ASK LIST AGENT ABOUT 100% FINANCING OPTION WITH NO PMI FOR OWNER OCCUPANTS** SELLER WILLING TO GIVE 25K TOWARDS POOL INSTALLATION WITH AN ACCEPTABLE OFFER! Enjoy the sugar white sands of the Emerald Coast in your next vacation home or luxury rental. This established airbnb has been renovated from top to bottom and generates close to $100,000 in annual gross income! **Being sold fully furnished** Located in the elite community of Destiny East and just minutes to the beach, this 4 bedroom home features lvp flooring throughout and light and airy paint colors. 10-12 foot ceilings are throughout making the home incredibly spacious. Prepare a meal in the gourmet eat in kitchen equipped with modern appliances, quartz countertops and a big breakfast bar. Watch your favorite show in the family room just off of the kitchen so you don't miss any of the action.

Two bedrooms are located on the west side of the home, the principle on the east and the bunk room in the middle. The master bedroom has a king bed with silver chill mattress to keep you cool on those hot summer days. Double doors from the master open up onto the back porch. If you do encounter a summer shower, how about a movie on the overstuffed sectional and wide screen TV or a BBQ on the covered patio. The primary bathroom features a 70 inch soaker tub, oversized vanity w/ dual sinks, walk in marble tiled shower and spacious closet.

The bunkroom features a full sized mattress & three twin memory foam beds. A second full bathroom is just across the hallway and has a tiled walk in shower with access to the backyard. The other two bedrooms each have queen sized mattresses and beachy decor. The shared full bathroom is beautifully remodeled with tub/shower combo and tiled surround, vanity with dual sinks and quartz counters. You have full access to two luxurious pools, a hot tub, tennis courts, a full size workout facility and playground.  Discover all that Destin has to offer, including boat rentals, water sports, deep sea fishing charters, sunset cruises, and top rated attractions like the Big Kahunas Waterpark. Try out the Crab Trapp, Pompano Joes,  and the Whale's Tail. There are tons of dining options right on the beach. Grab a cup  coffee in the morning. There is no shortage of things to do nearby.
Unit Size
2,100 Ft²
Days on Market
280 days
Land Size
0.19 acres
Price per sqft
$524
Property Type
House
Property Taxes
$836
HOA Dues
-
Year Built
1999

Payment Calculator

Cap Rate Calculator

Last updated: 24 days ago (ECAR #973360)

Price History

Date / Event Date Event Price
Oct 15, 2026 Sold
Sold
Oct 7, 2026 In contract -
In contract
Sep 9, 2025 Price Decreased $1,099,999
↓ $50K (4.4%)
Price Decreased
Jul 9, 2025 Price Decreased $1,149,999
↓ $50K (4.2%)
Price Decreased
Apr 8, 2025 Listed by Counts Real Estate Group Inc $1,199,999
Listed by Counts Real Estate Group Inc
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 588
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,302
  • Total Building Area: 2,867
  • Gross Building Area: 2,867
  • Building Area: 1,962
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,962
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DESTINY EAST PH II
  • Land Acres: 0000000191
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: DESTINY EAST PH II LOT 123

Neighborhood

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

Geography

  • Assessors Map Reference: 47
  • Subdivision Phase Number: 2
  • Parcel: 00-2S-22-0073-000B-1230
  • Lot: 123
  • Municipality: DESTIN
  • Latitude: 30.3836
  • Longitude: -86.4018

    Address

  • Full Address: 4779 Bonaire Cay
  • Address - House Number: 4779
  • Address - Street Name: Bonaire Cay
  • State: FL
  • City Name: Destin
  • Carrier Code: C018
  • 4-Digit Zip Code: 4797
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,380
  • Tax Year: 2023
  • Tax Amount: $901,954
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 983,423
  • High Value: 1,150,073
  • Low Value: 816,773

    Market Valuation

  • Market Total Value: $789,463
  • Market Land Value: $232,715
  • Market Improvement Value: $556,748

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $789,463
  • Assessed Land Value: $232,715
  • Assessed Improvements Value: $556,748

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 08, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3470070
  • Previous Sale Recording Date: Oct 08, 2004
  • Previous Sale Contract Date: Oct 01, 2004
  • Previous Sale Amount: $725,000
  • 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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 4779 Bonaire Cay built and last sold?
The property at 4779 Bonaire Cay was built in 1999 and last sold on Jun 30, 2021 for $765,000.
How much is this home worth?
The estimated value of the home located at 4779 Bonaire Cay is $1,109,144.
What are some comparable homes to 4779 Bonaire Cay?
There are currently no comparable homes to 4779 Bonaire Cay.