The Palms of Destin 4203 Indian Bayou Trail Unit 1812 Destin, FL 32541
Estimated payment $3,493/month
Highlights
- In Ground Pool
- Main Floor Primary Bedroom
- Game Room
- Destin Elementary School Rated A-
- Furnished
- Covered Patio or Porch
About This Home
Beautifully renovated 8th-floor condo at The Palms of Destin—fully furnished, turn-key, and ready to continue generating rental income. This 2-bedroom, 2-bath layout has been thoughtfully updated throughout, featuring brand-new kitchen cabinets, countertops, backsplash, and appliances, along with all-new furniture selected for comfort and style. Bathroom includes new tile flooring, updated vanity, and modern lighting for a clean, coastal aesthetic.
The private balcony provides unobstructed views of Henderson Beach State Park and the Gulf of America. The Palms offers an on-site restaurant, coffee bar, and seasonal beach shuttle service. The HOA covers all utilities, including electricity, water, trash, Wi-Fi, and cable—making ownership simple and predictable. Amenities include an 11,000 sq. ft. lagoon pool with waterfalls, a large hot tub set within a lush 2-acre oasis, a children's pool and splash pad, a state-of-the-art fitness center, outdoor pickleball, tennis, and basketball courts, an outdoor grilling area, and more. With its prime location, upscale upgrades, and strong rental history, this condo is an exceptional investment and a great beach retreat.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,771
Year Built
- Built in 2007
HOA Fees
- $1,199 Monthly HOA Fees
Home Design
- Metal Roof
- Concrete Siding
Interior Spaces
- 970 Sq Ft Home
- Furnished
- Entrance Foyer
- Living Room
Kitchen
- Walk-In Pantry
- Electric Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Garden Bath
Laundry
- Dryer
- Washer
Home Security
Parking
- Attached Garage
- Carport
Pool
- In Ground Pool
- Spa
Outdoor Features
- Covered Patio or Porch
- Built-In Barbecue
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-22-2311-0000-1812
Community Details
Overview
- Association fees include accounting, electricity, ground keeping, internet service, legal, utilities, recreational faclty, security, sewer, water, cable TV, trash
- The Palms Of Destin Subdivision
Amenities
- Community Barbecue Grill
- Game Room
- Elevator
Recreation
- Community Playground
Pet Policy
- Pets Allowed
Security
- Fire and Smoke Detector
- Fire Sprinkler System
Map
About The Palms of Destin
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 | $3,771 | $332,500 | -- | $332,500 |
| 2023 | $3,771 | $332,500 | $0 | $332,500 |
| 2022 | $3,302 | $274,000 | $0 | $274,000 |
| 2021 | $2,045 | $164,700 | $0 | $164,700 |
| 2020 | $1,820 | $145,500 | $0 | $145,500 |
| 2019 | $1,719 | $135,500 | $0 | $135,500 |
| 2018 | $1,522 | $118,500 | $0 | $0 |
| 2017 | $1,483 | $113,500 | $0 | $0 |
| 2016 | $1,422 | $109,500 | $0 | $0 |
| 2015 | $1,517 | $114,500 | $0 | $0 |
| 2014 | $1,536 | $114,500 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/24/2025 11/24/25 | Price Changed | $375,000 | -21.1% | $387 / Sq Ft | |
| 11/24/2025 11/24/25 | For Sale | $475,000 | +28.4% | $490 / Sq Ft | |
| 12/15/2021 12/15/21 | Sold | $370,000 | 0.0% | $381 / Sq Ft | View Prior Sale |
| 12/03/2021 12/03/21 | Pending | -- | -- | -- | |
| 12/03/2021 12/03/21 | For Sale | $370,000 | +41.8% | $381 / Sq Ft | |
| 04/16/2021 04/16/21 | Sold | $261,000 | 0.0% | $269 / Sq Ft | View Prior Sale |
| 03/09/2021 03/09/21 | Pending | -- | -- | -- | |
| 03/05/2021 03/05/21 | For Sale | $261,000 | +37.4% | $269 / Sq Ft | |
| 09/01/2020 09/01/20 | Sold | $190,000 | 0.0% | $196 / Sq Ft | View Prior Sale |
| 08/01/2020 08/01/20 | Pending | -- | -- | -- | |
| 07/29/2020 07/29/20 | For Sale | $190,000 | +20.3% | $196 / Sq Ft | |
| 04/30/2018 04/30/18 | Sold | $158,000 | 0.0% | $163 / Sq Ft | View Prior Sale |
| 03/13/2018 03/13/18 | Pending | -- | -- | -- | |
| 03/03/2018 03/03/18 | For Sale | $158,000 | -- | $163 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $370,000 | Mcgill Escrow & Title | |
| Warranty Deed | $190,000 | Nautilus Title & Escrow |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $152,000 | Commercial |
Source: Emerald Coast Association of REALTORS®
MLS Number: 990261
APN: 00-2S-22-2311-0000-1812
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