$399,900
SOLD JUL 26, 2025

The Palms of Destin 4207 Indian Bayou Trail Unit 21016 Destin, FL 32541

2 Beds
2 Baths
1,150 Sq Ft
$1,422/mo HOA Fee

Recently Sold

$348 Per Sq Ft

24% Below List Price

296 Days on Market

Highlights

  • Heated In Ground Pool
  • Bay View
  • Main Floor Primary Bedroom
  • Destin Elementary School Rated A-
  • Gated Community
  • 4-minute walk to Destin Dog Park

About This Home

As of July 2025

Breathtaking panoramic views of the Gulf of Mexico and the Destin skyline plus $8k in future bookings! Enjoy countless days on the patio watching boats in the Gulf or witnessing the stunning Destin sunsets. The condo boasts two spacious bedrooms with king beds and both offer balcony access, making it ideal for use as a second home, vacation rental, or primary residence. Located on the 10th floor, this fully furnished 2-bedroom unit offers a carefree beach lifestyle, with ALL utilities included in the HOA dues, including electricity. There are numerous upgrades to enjoy, such as beautiful flooring throughout, HVAC 2022, coastal colors and decor, smart TVs in the living room/bedrooms, and a stackable washer and dryer. The resort amenities are impressive and include tropical landscaping, an 11,000 sq ft lagoon pool, a heated pool, a children's kiddie pool area and splash pad, tennis, pickleball, basketball, an onsite restaurant, a tiki bar, and a coffee shop, a fitness center, a covered parking area, and security. Electric vehicle charging stations also available. Additionally, a free beach shuttle runs seasonally to take you across the street to the beach or to Harbor Walk for shopping and dining.

Last Agent to Sell the Property

Nichole Causton

Go Coastal Realty LLC License #3366389 Listed on: 08/20/2024

Last Buyer's Agent

Abigail Davis

Corcoran Reverie SRB License #3462164

Corcoran Reverie SRB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,910

Year Built

  • Built in 2007

HOA Fees

  • $1,422 Monthly HOA Fees

Parking

  • Garage

Property Views

Home Design

  • Metal Roof
  • Concrete Siding
  • Steel Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 1,150 Sq Ft Home
  • Furnished
  • Window Treatments
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Separate Shower in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2310-0002-1016

Community Details

Overview

  • Association fees include accounting, electricity, ground keeping, insurance, internet service, legal, management, sewer, water, cable TV, trash
  • 203 Buildings
  • 203 Units
  • The Palms Of Destin Subdivision
  • Handicap Modified Features In Community
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Community Pavilion
  • Elevator

Recreation

  • Community Playground
  • Community Whirlpool Spa

Security

  • Gated Community
  • Storm Doors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,910

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,422 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: THE PALMS OF DESTIN
  • Directions: If traveling westbound on HWY 98, turn right onto Indian Bayou Trail. Unit is located in west building (building closer to dog park) 10th floor end unit.
  • 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
  • Waterview:Bay2: Yes
  • Waterview:Lake2: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Number Of Buildings: 203
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Flooring: Floor Tile, Floor WW Carpet
  • Interior Amenities: Breakfast Bar, Owner's Closet, Washer/Dryer Hookup
  • Stories: 12
  • Window Features: Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: 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
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
  • View: Lake, Gulf, Bay
  • Construction Type: Concrete, Steel, Stucco
  • Exterior Features: Balcony, Hot Tub, Tennis Court
  • Foundation Details: Foundation On Piling
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Tennis Court: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Security: Fire Alarm/Sprinkler
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Elevators, Exercise Room, Gated Community, Handicap Provisions, Pavillion/Gazebo, Playground, Pool, Tennis, TV Cable, Whirlpool
  • Association #2 Fee: 4265.88
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Electricity, Ground Keeping, Insurance, Internet Service, Legal, Management, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-2310-0002-1016

Multi Family

  • Number Of Units In Community: 203

Tax Info

  • Tax Annual Amount: 3909.69
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Bradshaw Michael A and Bradshaw Ashley L
Bought by
Hargrove Jason and Bellipanni Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$211,322
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$190,921

Purchase Details

Listed on
Mar 10, 2018
Closed on
Jun 15, 2018
Sold by
Voicefied Techologies Llc
Bought by
Bradshaw Michael A and Bradshaw Ashley L
Seller's Agent
Laurie Hollowell
Keller Williams Realty Destin
Buyer's Agent
Timothy Kirk
World Impact Real Estate
List Price
$266,000
Sold Price
$266,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$239,400
Interest Rate
4.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 24, 2011
Sold by
Wells Fargo Bank
Bought by
Voicefied Technologies Llc

Purchase Details

Closed on
May 4, 2011
Sold by
Hudak & Dawson Development Llc
Bought by
Wells Fargo Bank Na
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 Type Sale Price Title Company
Warranty Deed $85,900 Aqua Title Services
Corporate Deed $266,000 Aqua Title Services
Warranty Deed $150,000 Attorney
Warranty Deed $488,700 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,000 New Conventional
Previous Owner $239,400 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Sold $399,900 0.0% $348 / Sq Ft
06/12/2025 06/12/25 Pending -- -- --
06/11/2025 06/11/25 Price Changed $399,900 -3.6% $348 / Sq Ft
04/30/2025 04/30/25 Price Changed $415,000 -7.6% $361 / Sq Ft
04/17/2025 04/17/25 Price Changed $449,000 -5.5% $390 / Sq Ft
03/19/2025 03/19/25 Price Changed $475,000 -5.0% $413 / Sq Ft
09/18/2024 09/18/24 Price Changed $499,900 -4.8% $435 / Sq Ft
08/20/2024 08/20/24 For Sale $524,900 +97.3% $456 / Sq Ft
06/15/2018 06/15/18 Sold $266,000 0.0% $231 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
03/10/2018 03/10/18 For Sale $266,000 -- $231 / 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 $3,871 $416,000 -- $416,000
2023 $3,871 $416,000 $0 $416,000
2022 $3,111 $298,000 $0 $298,000
2021 $2,527 $203,500 $0 $203,500
2020 $2,471 $197,500 $0 $197,500
2019 $2,385 $188,000 $0 $188,000
2018 $2,157 $168,000 $0 $0
2017 $2,137 $163,500 $0 $0
2016 $2,052 $158,000 $0 $0
2015 $2,186 $165,000 $0 $0
2014 $2,213 $165,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 957316

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2310-0002-1016