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$4,287,233

Listing Price

5beds

5.5baths

6,228sqft

38,976sqft lot

124 Indian Bayou Dr, Destin, FL 32541

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

688.38

Price / sqft

1991

Year built

Home Details

Rare 70'+ yacht-ready waterfront estate with dual deep-water slips in Indian Bayou. Welcome to 124 Indian Bayou Drive, an exceptional opportunity to own a waterfront estate at the mouth of Indian Bayou with sweeping Choctawhatchee Bay views. This yacht-ready residence offers nearly an acre homesite and approximately 158 feet of deep-water frontage, ideal for serious boaters and coastal lifestyle seekers. Hurricane-rated windows and French doors frame striking bayou and bay vistas from almost every room, setting the tone for refined waterfront living. This is a boater's paradise. The private mini marina features two lifts and two protected deep-water slips: one accommodating yachts over 70 feet and another for vessels up to 45 feet. Relax waterside while watching dolphins, sunsets, and the ever-changing colors over the bay. The rare sandy shoreline is ideal for paddleboard and kayak launches, creating an easy on-the-water lifestyle right from your backyard. No other Destin home so seamlessly combines panoramic bay and bayou views with yacht moorings, a private marina, expansive estate grounds, and iconic Southern architecture.nnStep inside to a luxurious, thoughtfully updated interior. The gourmet kitchen showcases illuminated, floor-to-ceiling glass-fronted cabinetry, granite countertops, a large breakfast bar, and expansive bay windows framing serene views of the water and pool. This space is perfect for both culinary artistry and effortless entertaining. The living area, su

Interior Details

Square Feet
  • 6228

Bedrooms
  • 5

Bathrooms
  • 5.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 38976

Water
  • No

Sewer
  • No

Parking
  • Type:

    Driveway

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • Wood

Foundation
  • N/A

Roof
  • Cathedral/clerestory

Roofing Material
  • Metal

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$16,283

$0

$0

--%

$1,339,381

2019

$13,215

$0

$0

--%

$1,079,593

2018

$13,121

$0

$0

--%

$1,059,463

2017

$13,072

$0

$0

--%

$1,037,672

2016

$12,724

$0

$0

--%

$1,016,329

2013

$12,874

$0

$0

--%

$988,140

2012

$12,408

$0

$0

--%

$971,622

percent-home-icon

Average Home Price in 32541

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$3,379,000

5 Beds

5 Baths

5,509 Sqft

32,596 Lot (sqft)

Sold 09/29/2026

$2,207,620

4 Beds

5.5 Baths

5,461 Sqft

24,754 Lot (sqft)

Sold NaN/NaN/NaN

$4,287,233

5 Beds

5.5 Baths

6,228 Sqft

38,976 Lot (sqft)

Sold 10/26/2026

$2,570,000

6 Beds

6 Baths

6,923 Sqft

21,464 Lot (sqft)

Sold 07/10/2025

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
4,287,233
$
Down payment
857,446.60
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
25,723.39
$
HOA (Monthly)
0
$
PMI
0
$
$27,752
Your Payment
Total Monthly Payment:$27,752
Percent of Income:476%
Affordable:No

Details for 124 INDIAN BAYOU DR

Property Debt

Foreclosure Contact Details