The Palms of Destin 4207 Indian Bayou Trail Unit 21201 Destin, FL 32541
Estimated payment $4,692/month
Highlights
- Heated In Ground Pool
- Bay View
- Newly Painted Property
- Destin Elementary School Rated A-
- Gated Community
- 4-minute walk to Destin Dog Park
About This Home
WOW PENTHOUSE & GULF VIEWS!
This 'Guest favorite' is ranked 5 stars, and is ready to welcome you and your guests.
Located at the penthouse 12th level this renovated exquisite 2-bedroom, 2-bathroom condo redefines luxury living with its breathtaking beachside charm and Spectacular Gulf Views!
As you enter, you'll be greeted by crisp coastal white walls, complemented by beach inspired accents that evoke a sense of calm and spaciousness. The open-concept design seamlessly connects each area, allowing sunlight to illuminate the space and highlight the condo's stunning penthouse views of the Gulf and the Resorts 5 Star Lagoon Pool, and tropical filled grounds.
An Incredible Investment Opportunity: with an amazing ROI Impressive rental history $$67,311 for 2024 and $59,540 so far in 2025, Boasting a strong rental history and future bookings already in place, this condo is not just a beautiful home but a lucrative investment. Perfect for investors, this property is ready to start generating income immediately.
A Kitchen Built for Culinary Masterpieces:
This fully remodeled kitchen is a chef's paradise, featuring stylish maple cabinetry, polished granite countertops, a brand-new refrigerator Dishwasher & Microwave & garbage disposal. Whether you're crafting a gourmet feast or a quick snack, this kitchen is both highly functional and aesthetically pleasing, complete with all the kitchenware and appliances needed to prepare delicious family meals.
Relax and Entertain in Style:
Beyond the kitchen, there are barstools for 3 at the kitchen bar; and the dining area is enhanced with a coastal wood table and chairs, creating a cozy setting perfect for intimate dinners or larger social gatherings. Moving from the open concept dining area to the living room, you will find an Extra-large wall mount flat screen tv and a room adorned with coastal-inspired furnishings and boasting spectacular gulf views. It is your perfect relaxation haven. Open the sliding glass doors to the expansive balcony to savor your morning coffee while taking in the sweeping horizon or unwind with an evening drink as the sky paints a colorful end to another day in paradise.
A Luxurious Master Retreat:
The primary bedroom serves as a tranquil escape, featuring a king-sized bed and blackout curtains to ensure a peaceful night's sleep. A small dedicated workspace is etched out to catch up with folks back home or just catch up on emails.
The en suite bathroom, equipped with a spacious garden soaking tub, shower combo and linen closet.
A Comfortable Guest Oasis:
The second bedroom is ideal for guests offering another King Bed, with access to a secondary private balcony that overlooks the tennis courts, City Park and playground. with Bay views.
The second Guest bathroom has been updated with Carrea marble and stone, creating a sense of luxury, with a newly tiled walk-in shower.
Move-In Ready Convenience:
This condo has been expertly renovated and comes fully furnished, including all decor, kitchen accessories, appliances, and a full-sized stacked washer and dryer at the entrance.
Every detail has been carefully considered, so all you need to bring is your suitcase! The new owner will benefit from a New HVAC, still under warranty, and a new water heater, providing peace of mind and added value.
Resort-Style Amenities Await You:
As a resident of The Palms of Destin Resort, you'll have exclusive access to a host of amenities, including a stunning lagoon-style pool, hot tub, secondary heated pool, and a poolside bar offering room service. Additional amenities include a splash pad, a modern fitness center, outdoor pickleball, tennis, and basketball courts. Playground and charcoal grilling area.
Enjoy relaxation at the IV hydration bar or use the resort shuttle to explore nearby Henderson Beach and shopping destinations. With the on-site Palms Coffee House and the vibrant Good Vibes Bar, & Bistro there's truly something for everyone to enjoy.
Call to schedule your video walk through or your private tour of this Amazing Penthouse level condo today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,408
Year Built
- Built in 2007
Lot Details
- Sprinkler System
HOA Fees
- $1,453 Monthly HOA Fees
Parking
- Garage
Property Views
Home Design
- Newly Painted Property
- Flat Roof Shape
- Concrete Siding
Interior Spaces
- 1,175 Sq Ft Home
- Furnished
- Ceiling Fan
- Window Treatments
- Living Room
- Home Security System
- Dryer
Kitchen
- Walk-In Pantry
- Electric Oven or Range
- Induction Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Garden Bath
Pool
- Heated In Ground Pool
- Spa
Outdoor Features
- Gazebo
- Built-In Barbecue
Schools
- Destin Elementary And Middle School
- Destin High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-2310-0002-1201
Community Details
Overview
- Association fees include accounting, electricity, ground keeping, internet service, land recreation, utilities, recreational faclty, security, sewer, water, cable TV, trash
- 203 Buildings
- 203 Units
- The Palms Of Destin Subdivision
- 12-Story Property
Amenities
- Community Barbecue Grill
- Picnic Area
- Community Pavilion
- Game Room
- Recreation Room
- Elevator
Recreation
- Community Playground
- Community Whirlpool Spa
Security
- Gated Community
- Storm Windows
- Storm Doors
- Fire and Smoke Detector
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 | $4,408 | $415,000 | -- | $415,000 |
| 2023 | $4,408 | $415,000 | $0 | $415,000 |
| 2022 | $3,615 | $300,000 | $0 | $300,000 |
| 2021 | $2,486 | $200,200 | $0 | $200,200 |
| 2020 | $2,315 | $185,000 | $0 | $185,000 |
| 2019 | $2,283 | $180,000 | $0 | $180,000 |
| 2018 | $2,247 | $175,000 | $0 | $0 |
| 2017 | $2,274 | $174,000 | $0 | $0 |
| 2016 | $2,182 | $168,000 | $0 | $0 |
| 2015 | $2,318 | $175,000 | $0 | $0 |
| 2014 | $2,347 | $175,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | Price Changed | $539,000 | -1.9% | $459 / Sq Ft |
| 09/16/2024 09/16/24 | Price Changed | $549,500 | -1.8% | $468 / Sq Ft |
| 09/09/2024 09/09/24 | Price Changed | $559,500 | -5.1% | $476 / Sq Ft |
| 09/01/2024 09/01/24 | For Sale | $589,500 | +40.4% | $502 / Sq Ft |
| 09/26/2022 09/26/22 | Off Market | $420,000 | -- | -- |
| 07/02/2021 07/02/21 | Sold | $420,000 | 0.0% | $357 / Sq Ft |
| 05/10/2021 05/10/21 | Pending | -- | -- | -- |
| 05/10/2021 05/10/21 | For Sale | $420,000 | -- | $357 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $420,000 | Stewart Title | |
| Special Warranty Deed | $139,500 | Title Works | |
| Trustee Deed | $91,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | Commercial | |
| Closed | $315,000 | Commercial |
Source: Emerald Coast Association of REALTORS®
MLS Number: 958253
APN: 00-2S-22-2310-0002-1201
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