124 Indian Bayou Drive, Destin, FL 32541

Destin
Local realty services provided by:ERA American Real Estate
124 Indian Bayou Drive,Destin, FL 32541
$4,775,000
  • 5 Beds
  • 5 Baths
  • 6,254 sq. ft.
  • Single family
  • Active
Listed by: brian k locicero
Office: keller williams realty destin
MLS#:999396
Source:FL_ECAR

Price summary

  • Price:$4,775,000
  • Price per sq. ft.:$763.51

About this home

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...

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Home facts

  • Year built:1991
  • Listing ID #:999396
  • Added:21 day(s) ago
  • Updated:May 05, 2026 at 02:39 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:14
  • Kitchen Description:Central Vacuum, Cooktop, Dishwasher, Disposal, Freezer, Ice Machine, Microwave, Refrigerator, Refrigerator/Icemaker, Stove/Oven Gas
  • Living area:6,254 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1991
  • Building area:6,254 sq. ft.
  • Lot area:0.89 Acres
  • Lot Features:Covenants
  • Architectural Style:Traditional
  • Exterior Features:BBQ Pit/Grill, Boat Slip, Boatlift, Dock, Fenced Area, Hurricane Shutters, Lawn Pump, Pavillion/Gazebo, Shower, Sprinkler System

Schools

  • High school:Destin
  • Middle school:Destin
  • Elementary school:Destin

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$4,775,000
  • Price per sq. ft.:$763.51
  • Tax amount:$17,624 (2025)

Features and amenities

  • Appliances:Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator w/Ice Maker, Stove/Oven Gas, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Breakfast Bar, Built-In Bookcases, Elevator, Guest Quarters, Kitchen Island, Pantry

Parking

  • Garage:Yes
  • Garage spaces:8
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