NOT LISTED FOR SALE

The Palms of Destin 4205 Indian Bayou Trail Unit 3113 Destin, FL 32541

Estimated Value: $457,000 - $543,000

2 Beds
2 Baths
1,473 Sq Ft
$1,580/mo HOA Fee

Last Sold September 03, 2024

Last sale price $535,000 $363 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,609/month

2 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Tennis Courts
  • Destin Elementary School Rated A-
  • Community Pool
  • Walk-In Pantry

About This Home

As of September 2024

Don't miss this POOLSIDE VILLA at The Palms with an assumable loan option (3.625% interest and ~$408K balance)! Unit 3113 is upgraded and priced to move. Enjoy this amazing condo, which is one of the rare locations that works as a primary residence, second home, or investment property (i.e. AirBnB or VRBO short term rental). This turn-key 2 bed, 2 bath villa conveys partially furnished and is just 30 feet away from the resort-style pool area. No need to mess with elevators or deal with anyone living above/below your private villa. You'll love the updated furniture, fixtures, decor, and more! Don't forget to ask about the complimentary beach shuttle service to Henderson State Park and to the Commons as well. The Palms of Destin is famous for its amazing amenities, including the... ... zero-entry pool, massive hot tub, brand new gym and cafe, restaurant, tennis courts, playground area, splash pads, and much more! Call today for a showing!!! Some furnishings are owned by the property manager and will not convey upon the sale.

Last Agent to Sell the Property

MATT GARDNER

EXP Realty LLC License #3426679 Listed on: 02/04/2024

EXP Realty LLC

Last Buyer's Agent

Dustin Cornwell

Dream Destin Realty PLLC License #3470752

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,198

Year Built

  • Built in 2007

Lot Details

  • 0.71

HOA Fees

  • $1,580 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Guest Parking

Interior Spaces

  • 1,473 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Dining Area

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Induction Cooktop
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Porch

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-22-2312-0000-3113

Community Details

Overview

  • Association fees include accounting, electricity, ground keeping, insurance, internet service, legal, master, recreational faclty, security, sewer, telephone, water, cable TV, trash
  • The Palms Of Destin Subdivision

Amenities

  • Community Pavilion
  • Recreation Room
  • Elevator

Recreation

  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,198

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,580 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: THE PALMS OF DESTIN
  • Directions: From Hwy 98, turn onto Indian Bayou Trail. Property will be on the right.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2007
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Washers: Yes
  • Utilities:Community Water: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Laminate, Floor Tile, Furnished - Some, Pantry, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Slab
  • Exterior Features: Porch Open
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch Open: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Detached, Guest
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Detached: Yes
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Community Water, Electric, Phone, Public Sewer, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Community Room, Dumpster, Elevators, Exercise Room, Gated Community, Pavillion/Gazebo, Pets Allowed, Pool, Tennis, TV Cable, Whirlpool
  • Association #2 Fee: 4738.77
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Electricity, Ground Keeping, Insurance, Internet Service, Legal, 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-22-2312-0000-3113
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4198.36
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2024
Closed on
Aug 30, 2024
Sold by
Marchi John L and Sherrill Mica M
Bought by
Threets Lashonda
Seller's Agent
MATT GARDNER
EXP Realty LLC
Buyer's Agent
Dustin Cornwell
Dream Destin Realty PLLC
List Price
$535,000
Sold Price
$535,000
Views
28
Current Estimated Value
$509,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,720
Avg. Annual Appreciation
-4.19%

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 8, 2021
Sold by
Destin Resorts Llc
Bought by
Marchi John L and Sherrill Mica M
Seller's Agent
Viola Belletty
Go Coastal Realty LLC
Buyer's Agent
MATT GARDNER
EXP Realty LLC
List Price
$424,000
Sold Price
$424,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$426,968
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2020
Sold by
Newcomb Thom W
Bought by
Destin Resorts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 1, 2020
Sold by
Midgett Agata and Midgett Michael
Bought by
Newcomb Thom W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 26, 2019
Sold by
Visionary Destin Inc
Bought by
Midgett Agata and Midgett Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Closed on
Jul 24, 2015
Sold by
Drb Development Llc
Bought by
Visionary Destin Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Threets Lashonda $535,000 Emerald Coast Title Services
Marchi John L $424,000 Bright Line Title Llc
Marchi John L $424,000 Bright Line Title
Destin Resorts Llc $255,000 Attorney
Newcomb Thom W $230,000 Attorney
Midgett Agata $228,000 Attorney
Visionary Destin Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marchi John L $426,968
Previous Owner Destin Resorts Llc $250,000
Previous Owner Midgett Agata $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2024 09/03/24 Sold $535,000 0.0% $363 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
02/04/2024 02/04/24 For Sale $535,000 +26.2% $363 / Sq Ft
07/08/2021 07/08/21 Sold $424,000 0.0% $288 / Sq Ft View Prior Sale
05/23/2021 05/23/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $424,000 -- $288 / 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 $4,373 $450,000 -- $450,000
2023 $4,373 $410,000 $0 $410,000
2022 $3,603 $299,000 $0 $299,000
2021 $2,484 $200,000 $0 $200,000
2020 $0 $193,000 $0 $193,000
2019 $2,347 $185,000 $0 $185,000
2018 $2,202 $171,500 $0 $0
2017 $2,241 $171,500 $0 $0
2016 $2,182 $168,000 $0 $0
2015 $2,345 $177,000 $0 $0
2014 $2,374 $177,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • MATT GARDNER

    Seller's Agent in 2024

    MATT GARDNER

    EXP Realty LLC

    (724) 513-6012

    42 in this area

    311 Total Sales

    MATT GARDNER
    Section Image
  • Dustin Cornwell

    Buyer's Agent in 2024

    Dustin Cornwell

    Dream Destin Realty PLLC

    (850) 533-7033

    58 in this area

    82 Total Sales

    Dustin Cornwell
    Section Image

  • V

    Seller's Agent in 2021

    Viola Belletty

    Go Coastal Realty LLC

    Section Image
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About The Palms of Destin

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 941518

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2312-0000-3113

Florida Okaloosa County Destin 32541

4205 Indian Bayou Trail Unit 3113, Destin, FL

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