$365,000

The Palms of Destin 4203 Indian Bayou Trail Unit 1116 Destin, FL 32541

Estimated payment $3,554/month

Total Views 9,202
2 Beds
2 Baths
1,150 Sq Ft
$317 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • Community Pool
  • Elevator
  • Destin Elementary School Rated A-
  • Tennis Courts
  • Balcony

About This Home

💥 PRICED TO SELL! BEST DEAL IN THE COMPLEX! 💥Don't miss this rare opportunity to own a first-floor, 1,170 sq ft, large 2-bedroom, 2-bath condo—the lowest priced 2-bedroom unit in the community when compared to others! Ideally located just steps from the spectacular zero-entry lagoon-style pool, this condo offers the perfect blend of resort-style living and strong rental potential. Stylishly updated and thoughtfully decorated, it's designed for relaxation while maximizing income opportunities. Grab your towel and enjoy poolside service with a full bar and delicious food options. The Palms of Destin offers an array of top-tier amenities, including a coffee shop, sports lounge, fitness center, tennis courts, dog walk, kids' playground, and 24-hour security—all set within meticulous landscaped grounds. There's truly something for everyone here!Plus, enjoy the seasonal complimentary shuttle to June White Decker Beach Access, HarborWalk Village, and more. Located in the heart of Destin, you're just minutes from fine dining, shopping, and the world's most beautiful beaches.

Listing Agent

Shannyn Stevenson

Newman Dailey Resort Properties License #691585 Listed on: 05/16/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,540

Year Built

  • Built in 2007

HOA Fees

  • $1,233 Monthly HOA Fees

Home Design

  • Metal Roof
  • Concrete Siding
  • Steel Siding
  • Piling Construction

Interior Spaces

  • 1,150 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Tile Flooring
  • Breakfast Bar

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2311-0000-1116

Community Details

Overview

  • The Palms Of Destin Subdivision
  • Handicap Modified Features In Community

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Playground
  • Community Whirlpool Spa

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,540

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,233 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: The Palms Of Destin
  • Directions: HWY 98 WEST, ACROSS THE STREET FROM SILVER SHELLS RESORT AND RIGHT BEFORE BUBBA GUMP SHRIMP. TURN ON TWO TREES ROAD. COMPLEX ON THE RIGHT.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2007
  • Utilities Electric: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Flooring: Floor Tile
  • Interior Amenities: Breakfast Bar

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Concrete, Steel
  • Exterior Features: Balcony
  • Foundation Details: Foundation On Piling
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Foundation On Piling: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water

Condo/Co-op/Association

  • Community Features: Pickle Ball, BBQ Pit/Grill, Elevators, Exercise Room, Handicap Provisions, Playground, Pool, Tennis, Whirlpool
  • Association #2 Fee: 3699.55
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2311-0000-1116
  • ResoLotSizeUnits: Acres

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,540 $350,000 -- $350,000
2023 $3,540 $332,000 $0 $332,000
2022 $2,916 $242,000 $0 $242,000
2021 $1,497 $158,555 $0 $0
2020 $1,482 $156,366 $0 $0
2019 $1,460 $170,000 $0 $0
2018 $1,443 $150,000 $0 $0
2017 $1,902 $145,500 $0 $0
2016 $1,819 $140,000 $0 $0
2015 $1,947 $147,000 $0 $0
2014 $1,971 $147,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Price Changed $365,000 -8.5% $317 / Sq Ft
04/06/2025 04/06/25 Price Changed $399,000 -6.1% $347 / Sq Ft
03/01/2025 03/01/25 Price Changed $425,000 -14.8% $370 / Sq Ft
10/26/2024 10/26/24 Price Changed $499,000 -5.0% $434 / Sq Ft
08/09/2024 08/09/24 Price Changed $525,000 -6.1% $457 / Sq Ft
05/16/2024 05/16/24 For Sale $559,000 +124.5% $486 / Sq Ft
04/05/2021 04/05/21 Sold $249,000 0.0% $217 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $249,000 +50.9% $217 / Sq Ft
06/23/2019 06/23/19 Off Market $165,000 -- --
08/30/2017 08/30/17 Sold $165,000 0.0% $143 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $165,000 -- $143 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 Emerald Coast Title Svcs Llc
Warranty Deed $165,000 Mcneese Title Llc
Warranty Deed $153,700 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $183,750 New Conventional
Previous Owner $138,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Similar Homes in Destin, FL

  • 4203 Indian Bayou Trail Unit 11207, Destin, FL 32541

    $399,000

    • 2 Beds
    • 2 Baths
    • 970 Sq Ft
    • 4203 Indian Bayou Trail
    • Unit 11207
    • Destin, FL

    The best views can be found from this 12th-floor penthouse at the desired Palms of Destin! NO CARPET and the unit comes fully furnished and rental-ready! The kitchen boasts granite countertops and maple cabinetry. The master bedroom features a king bed with balcony access that overlooks the tropical pool deck with Gulf views! The second bedroom has a futon that turns into a full-size bed, plus a

    Nichole Causton Go Coastal Realty LLC

    Section Image
  • 4203 Indian Bayou Trail Unit 1109, Destin, FL 32541

    $325,000

    • 2 Beds
    • 2 Baths
    • 970 Sq Ft
    • 4203 Indian Bayou Trail
    • Unit 1109
    • Destin, FL

    Looking for the perfect primary, second home or investment property? You found it!!! This turnkey, rental comes fully furnished. Featuring 2 bedroom/2 bath and an open concept living and dining area, as well as an expansive and inviting balcony just perfect for a relaxing getaway. Recently renovated with coastal appeal that's cozy and inviting. Unit has been updated with a ton of upgrades such

    Nichole Causton Go Coastal Realty LLC

    Section Image
  • 4203 Indian Bayou Trail Unit 1412, Destin, FL 32541

    $318,900

    • 2 Beds
    • 2 Baths
    • 970 Sq Ft
    • 4203 Indian Bayou Trail
    • Unit 1412
    • Destin, FL

    Priced aggressively for a quick sale | Renovated & Turnkey | Fully Furnished | Modern luxe decor and a dream destination in this beautifully renovated 4th floor unit. Whether you are looking for an immediate start profitable rental investment or a personal retreat (or both!), this unit is move-in ready with no work needed. A shift in personal circumstances have led the owners to part with this

    Nichole Causton Go Coastal Realty LLC

    Section Image
  • 4203 Indian Bayou Trail Unit 1912, Destin, FL 32541

    $375,000

    • 2 Beds
    • 2 Baths
    • 970 Sq Ft
    • 4203 Indian Bayou Trail
    • Unit 1912
    • Destin, FL

    Discover breathtaking views of Henderson State Park and the Gulf from this stunning 9th-floor unit at The Palms of Destin! You'll immediately fall in love with this beautifully upgraded space, which boasts new stainless steel appliances, luxurious LVP flooring, and a modern HVAC system installed in 2022. This versatile unit, perfect for primary living, a secondary getaway, or a smart investment,

    Nichole Causton Go Coastal Realty LLC

    Section Image
  • 4203 Indian Bayou Trail Unit 1810, Destin, FL 32541

    $399,900

    • 2 Beds
    • 2 Baths
    • 970 Sq Ft
    • 4203 Indian Bayou Trail
    • Unit 1810
    • Destin, FL

    Experience breathtaking, unobstructed views of Henderson State Park and the Gulf from this stunning 8th-floor unit at the prestigious Palms of Destin! This fully furnished 2-bedroom, 2-bath unit is turn-key ready and has it all. Recently updated in 2020, it features Luxury Vinyl Plank (LVP) flooring, fresh paint, a new dishwasher, new over the range microwave and built-in bunks, enhancing its

    Nichole Causton Go Coastal Realty LLC

    Section Image
  • 4203 Indian Bayou Trail Unit 11209, Destin, FL 32541

    $389,900

    • 2 Beds
    • 2 Baths
    • 970 Sq Ft
    • 4203 Indian Bayou Trail
    • Unit 11209
    • Destin, FL

    Exceptional opportunity to own a well established rental machine! Unit 11209 has had a stellar 4.86 rating on Airbnb with an outstanding $61k average gross rental income over the past 3 years ($70k 2022, $62K 2023 and $53k 2024)! Not only are you getting a unit with a proven income track record, but Year-to-date, an already earned over $14,500 with $16,000 in confirmed future bookings. This

    Nichole Causton Go Coastal Realty LLC

    Section Image
  • 4203 Indian Bayou Trail Unit 1516, Destin, FL 32541

    $415,000

    • 2 Beds
    • 2 Baths
    • 1,150 Sq Ft
    • 4203 Indian Bayou Trail
    • Unit 1516
    • Destin, FL

    Experience it all! This fifth-floor unit offers stunning, unobstructed views of the Gulf of Mexico and Henderson State Park. Located in the highly desirable Palms of Destin Resort, this beautiful 2-bedroom, 2-bathroom condo is the perfect investment, second home, or primary residence. Both the master and guest bedrooms feature king-sized beds, Gulf views, and balcony access.The unit comes fully

    Nichole Causton Go Coastal Realty LLC

    Section Image
  • 4207 Indian Bayou Trail Unit 2510, Destin, FL 32541

    $345,000

    • 2 Beds
    • 2 Baths
    • 970 Sq Ft
    • 4207 Indian Bayou Trail
    • Unit 2510
    • Destin, FL

    UNDER $350k plus OWNER FINANCING AVAILABLE!! This stunning junior suite comes fully furnished and boasts incredible views of lush greenery and partial views of the Gulf of Mexico. It presents a great investment opportunity as a second or primary home and offers numerous luxury amenities. The unit features an open floor plan, granite countertops, maple cabinets, a breakfast bar, new washer/dryer

    Nichole Causton Go Coastal Realty LLC

    Section Image
  • 4207 Indian Bayou Trail Unit 2302, Destin, FL 32541

    $439,900

    • 2 Beds
    • 2 Baths
    • 1,175 Sq Ft
    • 4207 Indian Bayou Trail
    • Unit 2302
    • Destin, FL

    Discover Your Coastal Retreat in Destin: The ''World's Luckiest Fishing Village''!If you're an outdoor enthusiast, Destin is your paradise—and we have the perfect condo for you! This charming two-bedroom unit is fully furnished, cozy, and turn-key ready, making it an ideal getaway or investment property.**Features of Your New Condo:****Spacious Living:** Enjoy an inviting open-concept layout

    Nichole Causton Go Coastal Realty LLC

    Section Image

Source: Emerald Coast Association of REALTORS®

MLS Number: 949964

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2311-0000-1116