$355,000

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

Estimated payment $3,410/month

Total Views 9,961
2 Beds
2 Baths
1,150 Sq Ft
$309 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
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Storm Doors: 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
  • Master Bedroom:First: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes

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
  • Exterior:Balcony: 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

Map

Range of Values:

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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 List to Sale Price per Sq Ft Prior Sale
07/22/2025 07/22/25 Price Changed $355,000 -2.7% $309 / Sq Ft
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 View Prior Sale
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 View Prior Sale
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

Source: Emerald Coast Association of REALTORS®

MLS Number: 949964

Emerald Coast Association of REALTORS®

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