NOT LISTED FOR SALE

4040 Dancing Cloud Ct Unit 324 Destin, FL 32541

Estimated Value: $194,000 - $214,000

1 Bed
1 Bath
920 Sq Ft
17 Acres Lot

Sale Details

Date Sold: August 18, 2023

Last sale price $235,000 $255 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,624 / mo

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Main Floor Primary Bedroom
  • Destin Elementary School Rated A-
  • Vaulted Ceiling
  • 3-minute walk to Destin Dog Park

About This Home

As of August 2023

Looking to call Destin home? This 1 BR/1 BA, 920 SF condo unit at Indian Lake Condo is the BEST DEAL in DESTIN! Lowest price for a 1 BR condo, with all the amenities to include Community Pool, Fitness Center, and in walking distance to the beaches, the adjacent dog park, and tons of retail, and dining! Built in 2004, this beautiful condo units lives large at 920 SF, and being on the third floor, it offers spacious large rooms with elevated ceiling heights and a private balcony overlooking beautiful magnolia trees - a perfect spot to relax and unwind. Indian Lake is VA-approved. Additionally, if you are an investor, both long-term AND short-term AirBNB type rentals are permitted. As a second home, you could winter in Destin, and rent unit during the busy summer months! Easy-maintenance tile floors throughout the entire condo, separate Laundry Room off Kitchen, granite counters in Kitchen/Bath, and a spacious Bedroom with HUGE walk-in closet - could be used as a lockout Owners Closet if renting. Currently tenant-occupied through end-August 2023. BUY NOW and lock in this GREAT PRICE! Priced well below the comps for a QUICK SALE! Indian Lake features a clubhouse, BBQ/picnic area, fitness Center, and a Community Pool. Dedicated covered parking through the HOA as availability allows; however, there is plentiful parking outside the condo. Don't miss your opportunity to OWN IN DESTIN! So many opportunities with this large 920 SF, 1 BR/1 BA condo.

Last Agent to Sell the Property

Rachel Simerly

Compass License #3284024 Listed on: 08/10/2023

Compass

Last Buyer's Agent

Simona Ghile

Century 21 AllPoints Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,362

Year Built

  • Built in 2004

Lot Details

  • 17

HOA Fees

  • $358 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 920 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Storage Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • 1 Full Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Central Air
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1050-0011-0324

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, management, master, recreational faclty, repairs/maintenance, trash
  • Indian Lake Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Meeting Room

Recreation

  • Fitness Center
  • Exercise Course
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,362

Year Built

Built in 2004

Lot Details

17 Acres

HOA Fees

$358 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: INDIAN LAKE
  • Directions: From Hwy 98, turn north onto Two Trees Rd, at the traffic circle, follow through to take a right onto Dancing Cloud Ct into the Indian Lake Condominiums. Proceed to the far end of Indian Lake, and 324 is in Building 11.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2004
  • Remarks Misc:Remarks: Looking to call Destin home? This 1 BR/1 BA, 920 SF condo unit at Indian Lake Condo is the BEST DEAL in DESTIN! Lowest price for a 1 BR condo, with all the amenities to include Community Pool, Fitness Center, and in walking distance to the beaches, the adjacent dog park, and tons of retail, and dining! Built in 2004, this beautiful condo units lives large at 920 SF, and being on the third floor, it offers spacious large rooms with elevated ceiling heights and a private balcony overlooking beautiful magnolia trees - a perfect spot to relax and unwind. Indian Lake is VA-approved. Additionally, if you are an investor, both long-term AND short-term AirBNB type rentals are permitted. As a second home, you could winter in Destin, and rent unit during the busy summer months! Easy-maintenance
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Balcony2: Yes
  • Rooms:Storage: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Breakfast Bar, Ceiling Raised, Ceiling Vaulted, Floor Tile, Furnished - None, Washer/Dryer Hookup
  • Stories: 3
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Ceiling Vaulted: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Frame, Roof Metal, Vinyl Siding, Slab, Trim Vinyl
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • ConstructionSiding:Frame: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Dumpster, Exercise Room, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, TV Cable
  • Association #2 Fee: 1072.59
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Management, Master Association, Recreational Faclty, Repairs/Maintenance, Trash

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-1050-0011-0324
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1361.55
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Aug 18, 2023
Sold by
Bought by
Seller's Agent
Rachel Simerly
Compass
Buyer's Agent
Simona Ghile
Century 21 AllPoints Realty
List Price
$235,000
Sold Price
$235,000
Views
9
Current Estimated Value
$202,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,128
Avg. Annual Appreciation
-5.04%

Purchase Details

Closed on
Dec 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$235,000 None Listed On Document
$170,000 Destination Title Svcs Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $153,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $235,000 0.0% $255 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $235,000 -- $255 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,998 $190,000 -- $190,000
2024 $1,459 $180,000 -- $180,000
2023 $1,459 $160,000 $0 $160,000
2022 $1,362 $149,000 $0 $149,000
2021 $1,118 $107,000 $0 $107,000
2020 $952 $85,000 $0 $85,000
2019 $909 $80,000 $0 $80,000
2018 $957 $83,000 $0 $0
2017 $918 $80,000 $0 $0
2016 $825 $72,000 $0 $0
2015 $822 $72,000 $0 $0
2014 $740 $63,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rachel Simerly

    Seller's Agent in 2023

    Rachel Simerly

    Compass

    (850) 621-2032

    5 in this area

    53 Total Sales

    Rachel Simerly
    Section Image

  • S

    Buyer's Agent in 2023

    Simona Ghile

    Century 21 AllPoints Realty

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 929599

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1050-0011-0324

Florida Okaloosa County Destin 32541

4040 Dancing Cloud Ct Unit 324, Destin, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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