NOT LISTED FOR SALE

The Palms of Destin 4203 Indian Bayou Trail Unit 1316 Destin, FL 32541

Estimated Value: $359,000 - $422,000

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

Last Sold January 29, 2021

Last sale price $255,000 $222 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,311/month

16 Days on Market

Highlights

  • Gulf View
  • Newly Painted Property
  • Furnished
  • Destin Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Terrace

About This Home

As of January 2021

Welcome to your New Destin Vacation Destination! VA LOAN approved! This larger 2 bedroom unit is centrally located in the HEART of Destin and conveniently located just steps away from the world's most beautiful beaches, deluxe shopping centers, and so much more! Experience the lush tropical sensations created by the wide variety of palm trees and unique plants that surround a lagoon pool and satellite water features. In addition to spacious pools, it features a state-of-the-art on-site fitness center. Soak in amazing and serene sunrises from your private and oversized balcony. Kitchen boast granite countertops. Enjoy the beach, lounge by Destin's largest pool, relax away in the steamy hot tub, enjoy time at the tennis courts, playground and so much more! HOA Dues covers ALL utilities!

Last Agent to Sell the Property

Kyle Hock

RealJoy Realty LLC License #3411723 Listed on: 11/22/2020

Last Buyer's Agent

Jacklyn Hardy

Douglas Elliman License #3471740

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,177

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 0.64

HOA Fees

  • $947 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Metal Roof

Interior Spaces

  • 1,150 Sq Ft Home
  • 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
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

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-22-2311-0000-1316

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Recreation Room
  • 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

$2,177

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$947 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PALMS OF DESTIN (THE)
  • Directions: The Palms of Destin is located at the corner of Hwy 98 and Indian Bayou Trail, just West of Wal-Mart. 1416 is located in the East tower.
  • 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
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Terrace: Yes
  • Special Features: None

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, Newly Painted, Renovated, 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
  • Interior:Newly Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Roof Metal
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • General Property Info:Garage2: No

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, Community Room, Elevators, Exercise Room, Handicap Provisions, Pets Allowed, Playground, Pool, Tennis, TV Cable, Whirlpool
  • Association #2 Fee: 2839.62
  • 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, Recreational Faclty, 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-22-2311-0000-1316
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2177.3
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2020
Closed on
Jan 29, 2021
Sold by
Perry D Reed Family Limited Partnership
Bought by
Campbell Julian and Campbell Jacqueline
Seller's Agent
Kyle Hock
RealJoy Realty LLC
Buyer's Agent
Jacklyn Hardy
Douglas Elliman
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$390,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,685
Avg. Annual Appreciation
9.48%
Original Mortgage
$178,500
Outstanding Balance
$148,834
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$241,851
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
Campbell Julian $255,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Julian $178,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Off Market $255,000 -- --
01/29/2021 01/29/21 Sold $255,000 0.0% $222 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
11/22/2020 11/22/20 For Sale $255,000 -- $222 / 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 $3,591 $354,000 -- $354,000
2023 $3,591 $336,000 $0 $336,000
2022 $2,965 $246,000 $0 $246,000
2021 $2,397 $194,800 $0 $194,800
2020 $2,177 $174,000 $0 $174,000
2019 $2,177 $174,000 $0 $174,000
2018 $1,977 $154,000 $0 $0
2017 $1,954 $149,500 $0 $0
2016 $1,870 $144,000 $0 $0
2015 $2,000 $151,000 $0 $0
2014 $2,025 $151,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 859680

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2311-0000-1316