NOT LISTED FOR SALE

The Palms of Destin 4203 Indian Bayou Trail Unit 1103 Destin, FL 32541

Estimated Value: $299,000 - $396,000

2 Beds
2 Baths
970 Sq Ft
$1,040/mo HOA Fee

Last Sold March 29, 2024

Last sale price $348,000 $359 Per Sq Ft

Current estimated payment $3,101/month

6 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Detached Garage
  • Dining Room
  • Destin Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of March 2024

This Palms of Destin ground floor unit is conveniently located off of the owners parking lot and garage. Ideal when coming in from the beach or stocking up the refigerator with supplies for long days spent in the lagoon stye pool. No waiting for elevator! The ceiling height for the ground level is 1 foot higher than the rest of the builiding which has a huge impact on the breath of space! This gem has never been on the rental market & has always been used as an 2nd home. That translates to much less wear and tear on the property. The interior views face the pool & restaurant tiki bar, with lush green foliage. Complex boasts the largest Lagoon Pool in Destin, a zero entry pool, kids splash/water play area, tennis, pickleball, basketball courts, oversized hot tub, work out facility. You can walk across the street to the beach, or there is a free beach shuttle to the beach or to the Harbor Walk. The shuttle schedule can be found at the Compass Check In Desk.
Comes mostly furnished (see exclusion sheet for staging items that will not convey). Don't miss this opportunity to own a piece of paradise!

Last Agent to Sell the Property

Tania George

EXP Realty LLC License #3293082 Listed on: 02/27/2024

EXP Realty LLC

Co-Listed By

Emily Probst

EXP Realty LLC License #3363992

Last Buyer's Agent

Cinnamon Tyler

Realty Hub License #3589250

Realty Hub

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,740

Year Built

  • Built in 2007

Lot Details

  • 0.64

HOA Fees

  • $1,040 Monthly HOA Fees

Parking

  • Detached Garage

Interior Spaces

  • 970 Sq Ft Home
  • Dining Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2311-0000-1103

Community Details

Overview

  • The Palms Of Destin Subdivision
  • 12-Story Property

Security

  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,740

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,040 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EEX8
  • Co List Office Phone: 850-830-4414
  • Subdivision Name: THE PALMS OF DESTIN
  • Directions: Located on the North west corner of Indian Bayou Trail & Emerald Coast Prkwy (HWY 98). Hwy 98, across from Silver Shells and west of Walmart.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2007
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Utilities:Underground: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator, Smoke Detector, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 12
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes

Exterior Features

  • Pool Features: Pool Type
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Detached, Other
  • General Property Info:Garage2: Yes
  • Parking Features:Other3: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Association #2 Fee: 3120.58
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2311-0000-1103
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2740.48
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Mar 28, 2024
Sold by
Moore Michael and Moore Katherine J
Bought by
Cavooris Kevin and Cavooris Valerie
Seller's Agent
Tania George
EXP Realty LLC
Buyer's Agent
Cinnamon Tyler
Realty Hub
List Price
$349,900
Sold Price
$348,000
Premium/Discount to List
-$1,900
-0.54%
Views
35
Current Estimated Value
$346,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,233
Avg. Annual Appreciation
-0.23%
Original Mortgage
$267,960
Outstanding Balance
$263,872
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$82,895

Purchase Details

Closed on
Apr 14, 2020
Sold by
Vasquez Angel R
Bought by
Vasquez Realty Llc

Purchase Details

Closed on
Sep 15, 2014
Sold by
Us Bank National Association
Bought by
Moore Michael and Moore Katherine J
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Cavooris Kevin $348,000 Nautilus Title & Escrow
Vasquez Realty Llc $188,250 Attorney
Moore Michael $111,200 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavooris Kevin $267,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $348,000 -0.5% $359 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $349,900 -- $361 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $2,740 $306,000 -- $306,000
2023 $2,740 $295,200 $0 $295,200
2022 $2,393 $245,700 $0 $245,700
2021 $1,808 $147,870 $0 $147,870
2020 $1,633 $130,500 $0 $130,500
2019 $1,518 $119,700 $0 $119,700
2018 $1,412 $110,000 $0 $0
2017 $1,385 $106,000 $0 $0
2016 $1,325 $102,000 $0 $0
2015 $1,418 $107,000 $0 $0
2014 $1,435 $107,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 943235

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2311-0000-1103