The Palms of Destin 4203 Indian Bayou Trail Unit 1516 Destin, FL 32541
Estimated payment $3,936/month
Total Views
136,866
2
Beds
2
Baths
1,150
Sq Ft
$348
Price per Sq Ft
Highlights
- Gulf View
- Gated Community
- Furnished
- Destin Elementary School Rated A-
- Main Floor Primary Bedroom
- Terrace
About This Home
Experience it all! This fifth-floor unit offers stunning, unobstructed views of the Gulf of Mexico and Henderson State Park. Located in the highly desirable Palms of Destin Resort, this beautiful 2-bedroom, 2-bathroom condo is the perfect investment, second home, or primary residence. Both the master and guest bedrooms feature king-sized beds, Gulf views, and balcony access.
The unit comes fully furnished and is turnkey ready, with a water heater that was replaced in 2021 and HVAC replaced in 2024. The Palms is an excellent choice for an investment property, second home, or primary residence. With this resort, you can park your car and relax without ever needing to drive while on vacation. Enjoy the convenience of an onsite restaurant and coffee bar, as well as a shuttle service that takes you to multiple attractions in the area!
Other resort amenities:
-11,000 sq. ft. lagoon pool, a 2nd year-round heated pool, children's splash pad, and kiddie pool
-Tennis courts, pickleball courts, basketball half-court, playground, charcoal grills, picnic areas
-Onsite restaurant/bar, coffee shop
-24-hour fitness center
-Covered parking garage, owner parking, and dog park right across the street!
-Electric vehicle charging stations
-Free seasonal beach shuttle to June White Decker Park, HarborWalk Village, and Destin Commons (big perk for your travel plans OR as a benefit for your rental guests)
Schedule your showing today!!!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,062
Year Built
- Built in 2007
HOA Fees
- $1,422 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Guest Parking
Home Design
- Stucco
Interior Spaces
- 1,150 Sq Ft Home
- Furnished
- Ceiling Fan
- Window Treatments
- Living Room
Kitchen
- Breakfast Bar
- Electric Oven or Range
- Self-Cleaning Oven
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Covered Deck
- Terrace
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-2311-0000-1516
Community Details
Overview
- Association fees include accounting, electricity, ground keeping, internet service, legal, management, master, security, sewer, water, cable TV, taxes, trash
- 203 Buildings
- 203 Units
- The Palms Of Destin Subdivision
- Handicap Modified Features In Community
- 12-Story Property
Amenities
- Community Barbecue Grill
- Picnic Area
- Elevator
Recreation
- Community Playground
- Community Whirlpool Spa
Pet Policy
- Pets Allowed
Security
- Gated Community
Map
About The Palms of Destin
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Home Values in the Area
Average Home Value in this Area
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 | $4,062 | $358,000 | -- | $358,000 |
| 2023 | $4,062 | $340,000 | $0 | $340,000 |
| 2022 | $2,789 | $250,000 | $0 | $250,000 |
| 2021 | $2,449 | $198,800 | $0 | $198,800 |
| 2020 | $2,227 | $178,000 | $0 | $178,000 |
| 2019 | $2,258 | $178,000 | $0 | $178,000 |
| 2018 | $2,029 | $158,000 | $0 | $0 |
| 2017 | $2,006 | $153,500 | $0 | $0 |
| 2016 | $1,922 | $148,000 | $0 | $0 |
| 2015 | $2,053 | $155,000 | $0 | $0 |
| 2014 | $2,079 | $155,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2025 08/23/25 | Price Changed | $399,900 | -3.6% | $348 / Sq Ft |
| 06/19/2025 06/19/25 | Price Changed | $415,000 | -7.8% | $361 / Sq Ft |
| 03/27/2025 03/27/25 | For Sale | $450,000 | -11.9% | $391 / Sq Ft |
| 06/16/2023 06/16/23 | Sold | $511,000 | -2.6% | $444 / Sq Ft |
| 05/05/2023 05/05/23 | Pending | -- | -- | -- |
| 04/26/2023 04/26/23 | Price Changed | $524,900 | -1.0% | $456 / Sq Ft |
| 03/12/2023 03/12/23 | For Sale | $530,000 | +32.5% | $461 / Sq Ft |
| 01/11/2022 01/11/22 | Sold | $399,900 | 0.0% | $348 / Sq Ft |
| 11/24/2021 11/24/21 | Pending | -- | -- | -- |
| 10/28/2021 10/28/21 | For Sale | $399,900 | +107.7% | $348 / Sq Ft |
| 07/06/2018 07/06/18 | Sold | $192,500 | 0.0% | $167 / Sq Ft |
| 06/15/2018 06/15/18 | Pending | -- | -- | -- |
| 06/05/2018 06/05/18 | For Sale | $192,500 | -- | $167 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $511,000 | None Listed On Document | |
| Warranty Deed | $399,900 | Vintage Title & Escrow | |
| Warranty Deed | $192,500 | Mcneese Title Llc | |
| Warranty Deed | $153,700 | Mcneese Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $511,000 | New Conventional | |
| Previous Owner | $200,000 | New Conventional |
Source: Public Records
About the Listing Agent
Nichole's Other Listings
Source: Emerald Coast Association of REALTORS®
MLS Number: 972290
APN: 00-2S-22-2311-0000-1516
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