$249,000
SOLD APR 5, 2021

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

2 Beds
2 Baths
1,150 Sq Ft
$947/mo HOA Fee

Recently Sold

$217 Per Sq Ft

25 Days on Market

Highlights

  • Heated In Ground Pool
  • Main Floor Primary Bedroom
  • Terrace
  • Destin Elementary School Rated A-
  • Furnished
  • Balcony

About This Home

As of April 2021

Motivated Seller is willing to pay new buyer fee of 3786.16. Bring best OFFER!!! Ground floor, furnished full 2 bedroom unit at The Palms of Destin. Kitchen features granite countertops and maple cabinetry. Newer furniture, 55' TV in LR and sleeper sofa. TV's are newer 50'in the MBR. 2nd BR has 46'. 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,and office center. THE HOA FEES INCLUDE ALL UTILITIES, INCLUDING ELECTRICITY, WATER, CABLE, AND INTERNET, HOA fees are $2,839.62/quarterly. Newer Kaba E-Plex lock. Buyer to verify all information

Last Agent to Sell the Property

Dennis Fortenberry

NBI Properties Inc License #627640 Listed on: 02/03/2021

Co-Listed By

Dezmon Fortenberry

NBI Properties Inc License #3484332

Last Buyer's Agent

Doshia Smith

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,460

Year Built

  • Built in 2007

HOA Fees

  • $947 Monthly HOA Fees

Home Design

  • Metal Roof
  • Concrete Siding
  • Steel Siding

Interior Spaces

  • 1,150 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Dining Area

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Detached Garage
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Spa

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, electricity, ground keeping, insurance, internet service, management, utilities, security, sewer, telephone, water, cable TV, trash
  • The Palms Of Destin Subdivision
  • 12-Story Property

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Security

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

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,460

Year Built

Built in 2007

Lot Details

0

HOA Fees

$947 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: ENBI
  • Co List Office Phone: 850-243-0007
  • 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
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2007
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Floor Tile, Floor WW Carpet, Furnished - All, Window Treatment All
  • Stories: 12
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Oven Self Cleaning: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Concrete, Roof Metal, Steel
  • Exterior Features: Balcony, Hot Tub, Pool - Heated, Pool - In-Ground, Tennis Court
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Steel: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Guest
  • General Property Info:Garage2: No
  • 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: Community Sewer, Community Water, Electric, Phone, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Elevators, Exercise Room, Pets Allowed, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 2839.62
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Electricity, Ground Keeping, Insurance, Internet Service, Management, Other Utilities, 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: 1459.75
  • Tax Year: 2019

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
11.34%
Original Mortgage
$183,750
Outstanding Balance
$142,270
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$249,087

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
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: 863832

Emerald Coast Association of REALTORS®

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