75
Map
4789 Bonaire Cay
About This Property
From the moment you arrive, the curb appeal makes an impression. Lush, established landscaping and mature trees frame the property, while the newly installed standing seam metal roof (2025) adds both durability and architectural appeal. Inside, a semi-private foyer opens to a light-filled living space where double French doors and shadow box windows invite in an abundance of natural light. Coastal details shine throughout, including a charming shiplap accent wall that anchors the living room with warmth and style.
The kitchen is designed for both everyday living and entertaining, featuring granite countertops, a generous breakfast bar, ample cabinetry, and stainless-steel appliances. The open concept layout seamlessly connects the kitchen, dining, and living areas creating an inviting space where everyone can gather comfortably. The first floor also offers a guest bedroom with convenient access to a shared bath, ideal for visitors.
Upstairs, a covered balcony creates a peaceful escape and is accessible from both the landing and the primary suite, perfect for enjoying morning coffee or evening breezes. Both upstairs guest bedrooms have been updated with tile flooring for a clean, coastal look. The primary bathroom has been thoughtfully renovated, showcasing a spacious walk-in shower with bench seat and distinctive brick detailing. The second guest suite enjoys its own private bath, also remodeled with updated fixtures and finishes.
Back downstairs, the outdoor living space truly expands your options. A covered porch with grilling area flows to an expansive paver patio with direct access to the greenway that leads to the community amenities. The generous lot offers plentiful space to add a private pool if desired. In fact, the HOA has previously approved pool plans for this property. The home is offered unfurnished however select furnishings may be available for negotiation.
Destiny East residents and guests enjoy an exceptional amenity package including the peace of gated access from both Scenic 98 and US Hwy 98, two community pools (one at the clubhouse and one along Scenic Highway 98 overlooking the lake), a hot tub, playground, fitness center, theater room, tennis courts, and a beautifully appointed clubhouse ideal for hosting gatherings. Located on the east end of Destin, the community provides easy access to dining, shopping, and entertainment with golf cart convenience to nearby restaurants and the beach. Within five miles you'll find Destin Commons, The Crab Trap, Silver Sands Premium Outlets, Seascape, and countless other local favorites.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Feb 23, 2026 | Listed by Gulf Realty 30A LLC | $999,000 | |
| Listed by Gulf Realty 30A LLC | |||
| Aug 30, 2025 | Price Decreased |
$1,099,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Mar 2, 2025 | Listed | $1,149,000 | |
| Listed | |||
| | |||
|
BRAND NEW METAL ROOF INSTALLED FEBRUARY 2025. Beautifully maintained home in the gated private community of Destiny East. Located less than 150 yards to the community's great amenities such as one of the pools, club house, fitness center, and more.
As soon as you pull up you will notice the lush landscaping and mature trees. Entering through the semi-private foyer, you are greeted by stunning natural light from the double French doors to the back patio and the many shadow box windows. The shiplap accent wall in the living room adds to the coastal charm of the home as well. The kitchen features granite countertops, large breakfast bar, loads of counter and cabinet space, and all stainless-steel appliances. The open living space lets everyone be together in the dining area, living area, and kitchen. On the 1st floor you also have a guest bedroom with private access to the shared guest bath. Headed to the second level, you will find at the landing a covered balcony with access from the landing and the master bedroom. The 2 upstairs bedrooms have both been updated with tile flooring. The master bath has been completely renovated including a large walk-in shower with bench and brick walls. The 2nd guest bedroom has its own private bathroom which has also been remodeled with new sink and fixtures.
Back downstairs, we have the large outdoor area. Right out the door we have the covered porch with grilling area. Off the porch is the large paver patio with access to the greenway which leads to the community's amenities. The home is being offered unfurnished, however many of the furnishings are negotiable.
The private community of Destiny East offers many amenities such as two community pools (one located at the club house and one located on Scenic Highway 98 overlooking the lake), hot tub, children's playground, fitness center, theater room, tennis courts, and a large, beautifully decorated club house, great for hosting those big get togethers! Destiny East is located on the east end of Destin with so many options for shopping, dining, entertainment, and much more. Easily take a golf cart to restaurants right outside the community's gate, or down to the beach! All within five miles you will find the Destin Commons, Crab Trap, Silver Shells Outlet, Seascape, and so much more.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017