One of only 14 Poolside Villas, the Villa Cabana Royale is a rental Gem. With over $70,000K in rental income year over year, This 1480 sq ft of open concept walk in/ walk out Pool Side Villa Cabana Royale is a Guest Favorite, with an amazing ROI! Featuriung double sliding doors that open to views of the tropical grounds 11,000 sq ft pool deck, 10ft ceilings! 5 Star Amenities. Upgrades galore, Remodeled, NEW LVP flooring, NEW Washer/ Dryer, Electric LED fireplace, NEW Lighting with remotes, NEW XL TV's, Painted with Wainscotting, 2yr old Dishwasher and microwave, Separate Laundry room. Comes completely furnished, and turn key. Hit the ground running with an existing book of business with $6,500 in upcoming Spring Break revenue! Seller will pay the Sept 2025 special assessment for the buyer: $2578.62 The Palms of Destin has a New State of the Art Gym, a New Grilling Area, 11,000 sq ft pool deck with a lagoon pool with waterfalls, islands, a seasonally heated pool, a children's wading pool and a splash pad area. An onsite Coffee shop, a poolside Tiki Bar, and Palms Bistro Restuarant. The palms offers a free beach shuttle across the street to June Decker Beach and Henderson State Park, as well as water sports, shopping and dining locations. The Palms is in the heart of Destin, Surrounded by upscale restaurants; Ruth's Chris, Bubba Gump's, Joe's Crab Shack, and Peppers. This 5 Star resort offers a world class trip to vacationers and owners alike.
Property Features
Bedrooms
Other Rooms
- Total Rooms: 4
- Laundry Dimensions: 7' x 6'
- Laundry Level: First
- Laundry Description: Owners closet in Laundry room
- Living Room Dimensions: 30' x 15'
- Living Room Level: First
- Living Room Description: Open Concept living Space
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom Dimensions: 18' x 14'
- Primary Bathroom Level: First
- Primary Bathroom Description: Extra large: ensuite bathroom
Interior Features
- Fireplace
- Owner's Closet
- Washer/Dryer Hookup
- Flooring: Floor Vinyl
- Window Features: Window Treatment All
Appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Refrigerator W/IceMk
- Smoke Detector
- Stove/Oven Electric
- Washer
- Water Heater - Elect
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Kitchen and Dining
- Kitchen Dimensions: 10' x 9'
- Kitchen Level: First
Exterior and Lot Features
- Hot Tub
- Pavillion/Gazebo
- Tennis Court
- Patio And Porch Features: Patio Open
- Patio: Yes
Pool and Spa
- Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
Garage and Parking
Homeowners Association
- Association: Yes
- Association Fee: 5464
- Association Fee Frequency: Quarterly
- Association Fee 2: 5464
- Association Fee Includes: Electricity, Internet Service, Master Association, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash
- Calculated Total Monthly Association Fees: 1821
Multi-Unit Info
School Information
- Elementary School: Destin
- High School: Destin
- Middle School: Destin
Amenities and Community Features
- Community Features: Pickle Ball, BBQ Pit/Grill, Community Room, Elevators, Exercise Room, Game Room, Gated Community, Laundry, Pavillion/Gazebo, Playground, Tennis, TV Cable, Whirlpool
Other Property Info
- Annual Tax Amount: 5118
- Source Listing Status: Pending
- County: Okaloosa
- Directions: Take Emerald Coast Parkway to the corner of Indian Bayou Trl, Resort is located on the NE Corner, 1 blk from the Beach, Unit is on the pool level pool side cabana unit: enter through the West tower and proceed on the ground floor through to the pool.
- Tax Year: 2024
- Source Property Type: Residential
- Area: 14 - Destin
- Property Subtype: condo
- MLS Area Minor: 1403 - Destin Northwest
- Source Neighborhood: THE PALMS OF DESTIN
- Parcel Number: 00-2S-22-2312-0000-3107
- Subdivision: THE PALMS OF DESTIN
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1480
- Year Built: 2007
- Building Area Source: County PA Records
- Building Area Total: 1480
- Construction Materials: Concrete, Block
- Property Age: 18
- Property Condition: Renovated, Construction Complete
- Levels or Stories: 1
- Building Total Stories: 1
- Total Area Sqft: 1480
Utilities
- Sewer: Public Sewer
- Electric
- Public Water
- TV Cable