$165,000
SOLD AUG 30, 2017

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

2 Beds
2 Baths
1,150 Sq Ft
$873/mo HOA Fee

Recently Sold

$143 Per Sq Ft

33 Days on Market

Highlights

  • Furnished
  • Terrace
  • Tennis Courts
  • Destin Elementary School Rated A-
  • Community Pool
  • Elevator

About This Home

As of April 2021

Investor closeout and priced for a fast sale! Ground floor, furnished full 2 bedroom unit at The Palms of Destin. Kitchen features granite countertops and maple cabinetry. Amenities at The Palms are first class. They include an expansive 11,000 SF lagoon pool with waterfall and spa, children's pool, playground and splash pool, lighted tennis and basketball courts, first class fitness center, and covered protected parking. Also on site is the conference center, office center, and reception desk. THE HOA FEES INCLUDE ALL UTILITIES, INCLUDING ELECTRICITY, WATER, CABLE, AND INTERNET, HOA fees are $2,619.42/quarterly. In addition to the HOA fees, owner's pay a $75 reservation fee whenever the unit is rented. Buyer to verify all information.

Last Agent to Sell the Property

Shaun Roberts

The Premier Property Group License #3080685 Listed on: 06/24/2017

Last Buyer's Agent

ecn.rets.e22818

ecn.rets.RETS_OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,819

Year Built

  • Built in 2007

HOA Fees

  • $873 Monthly HOA Fees

Home Design

  • Metal Roof
  • Concrete Siding
  • Steel Siding

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Dining Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Detached Garage
  • Guest Parking

Outdoor Features

  • Terrace

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • Association fees include accounting, advertising, electricity, ground keeping, insurance, legal, management, master, security, sewer, telephone, water, cable TV, trash
  • The Palms Of Destin Subdivision
  • Handicap Modified Features In Community

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Playground
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Security

  • Building Fire Alarm
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,819

Year Built

Built in 2007

Lot Details

0

HOA Fees

$873 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: THE PALMS OF DESTIN
  • Directions: From Hwy 98, across from Silver Shells and west of Wal-Mart, at the corner of Hwy 98 and Indian Bayou Trail.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2007
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: 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
  • Energy:Ceiling Fans: Yes
  • Rooms:Terrace: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, Split Bedroom, Washer/Dryer Hookup, Window Treatment All
  • Stories: 12
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Guest
  • Parking Features:Guest: Yes
  • Parking Features:Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Elevators, Exercise Room, Handicap Provisions, Pets Allowed, Playground, Pool, Tennis, TV Cable, Whirlpool
  • Association #2 Fee: 2619.42
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Electricity, Ground Keeping, Insurance, Legal, Management, Master Association, Security, Sewer, Telephone, Water, Cable TV, Trash

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

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

Tax Info

  • Tax Annual Amount: 1818.51
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Apr 1, 2021
Sold by
Taylor Michael L
Bought by
Daniels Buddy Eugene and Daniels Sarah Jo
Seller's Agent
Dennis Fortenberry
NBI Properties Inc
Buyer's Agent
Doshia Smith
Berkshire Hathaway HomeServices
List Price
$249,000
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%
Original Mortgage
$183,750
Outstanding Balance
$142,270
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$259,971

Purchase Details

Listed on
Jun 24, 2017
Closed on
Aug 30, 2017
Sold by
Shf Palms Llc
Bought by
Taylor Michael L
Seller's Agent
Shaun Roberts
The Premier Property Group
Buyer's Agent
ecn.rets.e22818
ecn.rets.RETS_OFFICE
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.11%
Original Mortgage
$138,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 15, 2013
Sold by
Lbk Llc
Bought by
Shf Palms Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price Change Sq Ft Price
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
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®

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 $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

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 778212

Emerald Coast Association of REALTORS®

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