Destin · Community
Diamond Lakes Homes for Sale
A 96-lot townhome plat on Diamond Cove and Jade Loop inside Destin's Indian Bayou quarter, recorded with year built dates running from 2004 to 2016 and just under eight acres of association common ground holding the one mapped pond.
96
Total Homes
No
Gulf Front
Year built and home figures are as published by the sources cited at the foot of this page. Confirm them against the association's own documents during diligence.
About Diamond Lakes
Diamond Lakes is one recorded name over a build that took twelve years to finish. The Okaloosa parcel roll returns 96 townhome lots under the legal name, and their actual year built dates do not agree: 8 read 2004, 45 read 2005, 33 read 2006, then the record skips and picks up again with 2 in 2010, 4 in 2011 and 4 in 2016. Two lots on the same loop can be a decade apart in construction while looking identical from the curb, so the vintage question here is a per-address question rather than a community one. The name is only half literal. The county's water layer places exactly one mapped water body inside the plat, a pond of roughly 240 by 110 feet, so the plural in the name outruns what the mapping shows, and that pond lies wholly inside the association's common ground rather than on any house lot. Lots themselves are small and consistent, mostly between five hundredths and seven hundredths of an acre, and the 96 rows together cover about 5.9 acres. They are not the whole of the subdivision. Two more parcels in the same identifier block are recorded as residential common area and titled to Diamond Lakes Homeowners Association: one of 5.76 acres filed as Diamond Lakes Common Area and one of 2.18 acres filed as Diamond Lakes Road Right Ways. Those two hold 7.94 acres between them, more ground than all 96 house lots put together, so the shared surface here is the larger half of the plat and not, as this page previously said, an absence in the record. The reason the earlier reading missed it is worth carrying into your own searches: both common parcels are filed under their own legal names, so a query on the exact name Diamond Lakes returns the 96 lots and nothing else. The surroundings are the practical draw. Within 200 feet the record shows the Indian Bayou platted units, Indian Lake, the Henderson Beach business park phases, and a recently built apartment community. Emerald Coast Parkway, Indian Bayou Trail and Commons Drive all sit within a quarter mile. FEMA maps the whole plat Zone X, and the Gulf shoreline is more than 2,000 feet away.
HOA & Fees
Start with the ground the association owns, because it is larger than the ground the owners do. Diamond Lakes Homeowners Association is the recorded titleholder of two residential common-area parcels in this identifier block, 5.76 acres filed as Diamond Lakes Common Area and 2.18 acres filed as Diamond Lakes Road Right Ways, 7.94 acres against 5.89 acres of house lots. The interior streets and the pond bank sit on that ground, so paving, drainage and the pond are association obligations rather than city or owner ones, and the reserve schedule covering them is the document to ask for first. Then ask which declaration and which plat govern the specific address, since construction under this one name ran from 2004 into 2016 and later work is not always brought under the earlier paper.
Rental Policy
No recorded restriction for this plat was reachable while this page was written, and the county record establishes nothing about leasing, so no permission or prohibition is claimed here in either direction. The construction span is what makes an answer here address-specific rather than general. Rows recorded in 2016 came under paper drafted a dozen years after the rows recorded in 2004, and later work under one name is not always brought back under the earlier documents, so a covenant read at one door will not necessarily bind the one beside it. Short stays inside the city limits go through Destin's own registration rather than the county's, and the city decides eligibility parcel by parcel. Pull the restrictions recorded against the specific lot, then confirm how that lot stands with the city, before underwriting any rental use.
- Ninety-six townhome lots on 5.89 acres, plus 7.94 acres of association common ground
- One mapped pond of roughly 240 by 110 feet, inside the common ground
- Addresses on Diamond Cove and Jade Loop
- Indian Bayou and Indian Lake plats within 200 feet
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Community Answers
Diamond Lakes FAQ
Were all the Diamond Lakes townhomes built at the same time?
No. Under this one legal name the county records year built dates of 2004, 2005, 2006, 2010, 2011 and 2016, with the bulk in 2005 and 2006. Two rows that look alike from the street can be a decade apart, so the recorded year for the specific address is worth pulling.
How many ponds does Diamond Lakes actually have?
The county's water layer maps one inside the plat, roughly 240 by 110 feet. The recorded name uses a plural that the mapping does not support. The pond also sits wholly inside the parcel titled to the homeowners association rather than on any house lot, so no lot here holds pond frontage: the pond is shared ground that every assessment helps maintain.
How large are the lots at Diamond Lakes?
Small and consistent. Most fall between five hundredths and seven hundredths of an acre, and the 96 lots together account for about 5.9 mapped acres. The subdivision is larger than that: two further parcels in the same identifier block, 5.76 and 2.18 acres, are recorded as residential common area and titled to the homeowners association, so 7.94 of the plat's 13.83 mapped acres are shared rather than deeded to a lot.
Sources
- Okaloosa County IGIS: Parcels layer, Diamond Lakes identifier series (accessed August 23, 2026)
- Okaloosa County IGIS: SiteAddress points on Diamond Cove and Jade Loop (accessed August 21, 2026)
- Okaloosa County IGIS: WaterBodies layer, Diamond Lakes and the Gulf (accessed August 23, 2026)
- Okaloosa County IGIS: FEMA FIRM flood zones layer (accessed August 23, 2026)
- Okaloosa County IGIS: Subdivisions layer, plats within 200 feet (accessed August 23, 2026)
- City of Destin: Register a Short Term Rental (accessed August 21, 2026)
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