4735 Papaya Park, Destin, FL, 32541

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

4735 Papaya Park, Destin$1,099,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Attached Garage2 spaces

Year Built1999

HeatingNatural Gas

CoolingCeiling Fan(s), Gas

FireplaceFireplace, Gas Fireplace

MLS #965433

Lot Size0.17 Acres

StatusActive

About 4735 Papaya Park

Location, Location, Location - A lovely, welcoming 3-bedroom, 2-full-bath home within the sought-after gated community of Destiny East in beautiful Destin Florida on the Gulf-of-Mexico-side south of Hwy 98. Great family living with all of the amenities within the community as well as walking distance to the sugar white beaches. This home boast a whole-house Generac Generator, 2-year-old gas central air/heating system and water heater, as well as a remediated attic and new insulation completed in 2023. A gas fireplace with adjacent built-in cabinetry complements the living room and opens to a screened-in lanai. Both full baths offer jet whirlpool tubs. This homes exterior was newly painted in 2024 while additional interiors have been upgraded.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Contemporary
• Year Built: 1999
• Stories: 1
• Living Area: 2,145 SqFt

Listing Office:

• Office Name: Sea Dunes Realty
• Office Email: suzyspence@cox.net
• Listing Agent: Mary H Mann

Interior Features

Interior Information:

• Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Ice Maker
• Flooring Type: Tile, Carpet
• Interior: Breakfast Bar, Built-in Bookshelves, Ceiling Crown Molding, Tray/Cofferd Ceiling, Fireplace, Recessed Lighting, Newly Painted, Pantry, Plantation Shutters, Pull Down Stairs, Renovated, Shelving, Wainscoting Walls, Washer/Dryer Hookups, Window Treatment(s), Woodwork Painted
• Fireplace: Fireplace, Gas Fireplace

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Private Pool: No
• Exterior: Rain Gutter, Fireplace, Lawn Pump, Patio Covered, Porch Screened, Renovated, Sprinkler System

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: Yes

Lot Features

Lot Information:

• Lot: Covenant/Restriction, Dead End Street, Level, Within 1/2 Mile to Water
• Lot Size: 0.17 Acres

Utilities

Utilities Information:

• Heating: Natural Gas
• Cooling: Ceiling Fan(s), Gas

Other

Directions Information:

• Directions: Emerald Coast parkway to Destiny East, one mile east of Danny Wuerffel ( mid bay bridge). Through gates go left to first stop. Turn left on to Papaya Pk and home is on the left (4735). From Scenic 98 going east past CrabTrap Restaurant, Destiny East is first subdivision on the left...through gate, immediate left to 2nd stop turn right onto Papaya Pk

Price Information

Listing Price Info

Price Summary:

• List Price: $1,099,000
• Price Per SqFt: $512/SqFt

HOA Fees:

• Amount: $960
• Frequency: Quarterly

Tax Information:

• Annual Amount: $5,520
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Destin, FL.

Destin, FL

City

Med. Sold Price

$631.5K

Med. Price/SqFt

$372

Avg. Days On Market

91

# of Sold Homes

44

4735 Papaya Park vs Destin

2 DAYS ON ROCKET

-89 Days

$1,099,000

+$467.4K More

$512/SqFt

+$140 More

KEY TAKEAWAY

This property is $467.4K more than the Median Sold Price and $140/SqFt more than other homes in Destin, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Emerald Coast Association of REALTORS®
• MLS Number: #965433

Listing Office:

• Office Name: Sea Dunes Realty
• Office Email: suzyspence@cox.net
• Listing Agent: Mary H Mann

Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/4/2025, 11:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Mar 05, 2015	Mar 05, 2015Home Sold	$415,000
Apr 01, 2002	Apr 01, 2002Home Sold	$285,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$5,520	$441,167
2018	$5,070	$394,895
2017	$4,973	$380,520

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$5,873

Per Month

Principal & Interest

$5,486

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$320

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,361

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Okaloosa County›Destin›32541›4735 Papaya Park

This home is located at 4735 Papaya Park in Destin, FL and zip code 32541. This 2,145 square foot home, which was built in 1999, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 02, 2025 and is currently priced at $1,099,000.

While more than 1 listings in Destin, FL in December 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 35 were sold below. The inventory of homes for sale in Destin, FL between November 2024 and December 2024 increased by 0.5%. While the average time on the market in December 2024 was 91 days, the median list price was $631,545.

From Rocket Homes Real Estate and based on county public records data.