NOT LISTED FOR SALE

The Palms of Destin 4203 Indian Bayou Trail Unit 1403 Destin, FL 32541

Estimated Value: $287,000 - $428,000

2 Beds
2 Baths
970 Sq Ft
$1,040/mo HOA Fee

Last Sold May 03, 2024

Last sale price $375,000 $387 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,152/month

78 Days on Market

Highlights

  • In Ground Pool
  • Gulf View
  • Main Floor Primary Bedroom
  • Destin Elementary School Rated A-
  • Gated Community
  • Furnished

About This Home

As of May 2024

Come enjoy this fully furnished, 2 bedroom unit with gorgeous pool views at The Palms of Destin! Amenities at The Palms are first class. They include an expansive 11,000 SF lagoon pool with waterfall and spa, coffee house, bar/bistro, children's pool, playground and splash pool, lighted tennis and basketball courts, first class fitness center, seasonal shuttle service to the beach, and covered protected parking. THE ASSOCIATION FEES INCLUDE ALL UTILITIES, INCLUDING ELECTRICITY, WATER, CABLE, INTERNET, AND TRASH. You don't want to miss out on this beauty!

Last Agent to Sell the Property

Kelly Sipes

Bastion Realty LLC License #3445352 Listed on: 01/07/2024

Last Buyer's Agent

Lisa Collier

The Agency Northwest Florida Beaches License #3161918

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,916

Year Built

  • Built in 2007

Lot Details

  • 0.64

HOA Fees

  • $1,040 Monthly HOA Fees

Parking

  • Detached Garage

Home Design

  • Concrete Siding

Interior Spaces

  • 970 Sq Ft Home
  • Furnished
  • Living Room
  • Vinyl Flooring

Kitchen

  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2311-0000-1403

Community Details

Overview

  • Association fees include accounting, electricity, ground keeping, internet service, master, security, sewer, telephone, water, cable TV, trash
  • The Palms Of Destin Subdivision
  • Handicap Modified Features In Community
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Elevator

Recreation

  • Community Playground
  • Community Whirlpool Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,916

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,040 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: THE PALMS OF DESTIN
  • Directions: Located across from Silver Shells Resort, North of Hwy 98
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2007
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor Vinyl, Furnished - All, Owner's Closet
  • Stories: 12
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Furnished - All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Concrete
  • Exterior Features: Balcony, Pool - In-Ground, Tennis Court
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Tennis Court: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered, Garage Detached
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Detached: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Dumpster, Elevators, Exercise Room, Gated Community, Handicap Provisions, Pavillion/Gazebo, Picnic Area, Playground, Pool, Tennis, TV Cable, Whirlpool
  • Association #2 Fee: 3120.58
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Electricity, Ground Keeping, Internet Service, Master Association, Security, Sewer, Telephone, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2311-0000-1403
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2916.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2024
Closed on
May 2, 2024
Sold by
Blanchard Dena G
Bought by
Levo Rocco
Seller's Agent
Kelly Sipes
Bastion Realty LLC
Buyer's Agent
Lisa Collier
The Agency Northwest Florida Beaches
List Price
$400,900
Sold Price
$375,000
Premium/Discount to List
-$25,900
-6.46%
Views
54
Current Estimated Value
$351,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,286
Avg. Annual Appreciation
-4.32%
Original Mortgage
$206,250
Outstanding Balance
$203,352
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$148,362

Purchase Details

Closed on
Jun 30, 2017
Sold by
D & D Enterprises Llc
Bought by
Blanchard Gordon B and Blanchard Dena G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2012
Sold by
Ray John and Ray Jeanna
Bought by
Patterson Sandra and Gaspard Paul
Source: Public Records

Range of Values:

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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
Levo Rocco $375,000 Emerald Coast Title Services
Blanchard Gordon B $135,000 Attorney
Patterson Sandra $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levo Rocco $206,250
Previous Owner Blanchard Gordon B $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $375,000 -6.5% $387 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
01/07/2024 01/07/24 For Sale $400,900 -- $413 / 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 $3,038 $346,000 -- $346,000
2023 $3,038 $334,000 $0 $334,000
2022 $2,656 $279,000 $0 $279,000
2021 $2,012 $170,300 $0 $170,300
2020 $1,820 $151,000 $0 $151,000
2019 $1,689 $139,000 $0 $139,000
2018 $1,490 $116,000 $0 $0
2017 $1,464 $112,000 $0 $0
2016 $1,403 $108,000 $0 $0
2015 $1,497 $113,000 $0 $0
2014 $1,515 $113,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 939534

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2311-0000-1403