NOT LISTED FOR SALE

The Palms of Destin 4207 Indian Bayou Trail Unit 21205 Destin, FL 32541

Estimated Value: $378,204 - $483,000

2 Beds
2 Baths
970 Sq Ft
$799/mo HOA Fee

Last Sold June 09, 2022

Last sale price $485,000 $500 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $3,350/month

2 Days on Market

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

As of June 2022

One of a kind 12th floor unit with spectacular views of the Gulf of Mexico and the expansive pool deck! This unit has been upgraded with tile throughout and furnishings! Unit has excellent rental history at $44,221.00. AC is less than four years old and furniture in living area is new. The Palms of Destin has pools, hot tubs, on sight dinning and rental management company, tennis courts, basketball, and a excellent fitness center. Private parking garage allows for covered parking for you or your guest. This unit is turn key ready for your next investment opportunity!

Last Agent to Sell the Property

Amy Willey

Aquatic Resort Properties Inc License #3311791 Listed on: 05/09/2022

Last Buyer's Agent

Suzanne Hedgepeth

EXP Realty LLC License #3460357

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,372

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • 0.64

HOA Fees

  • $799 Monthly HOA Fees

Property Views

Home Design

  • Newly Painted Property
  • Flat Roof Shape
  • Flat Roof with Façade front
  • Concrete Siding

Interior Spaces

  • 970 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Tile Flooring

Kitchen

  • Walk-In Pantry
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Oversized Parking

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-22-2301-0000-21205

Community Details

Overview

  • Association fees include electricity, ground keeping, internet service, management, security, sewer, water, cable TV, trash
  • The Palms Of Destin Subdivision
  • 12-Story Property

Amenities

  • Recreation Room
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,372

Year Built

Built in 2008 | Remodeled

Lot Details

0

HOA Fees

$799 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: THE PALMS OF DESTIN
  • Directions: From Midbay Bridge on US 98, go west on 98 just past Walmart and turn by Bubbba Gump restaurant onto Indian Bayou Trail and the Palms of Destin is on your right. Located across the street from Silver Shells.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2008
  • ResoBuildingAreaSource: Appraiser
  • 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
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterview:Bay2: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Warranty Provided, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor Tile, Newly Painted, Pantry, Renovated, Washer/Dryer Hookup
  • Stories: 12
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Warranty Provided: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf, Bay
  • Construction Type: Concrete, Block, Roof Flat
  • Exterior Features: Balcony, Hot Tub, Pool - Heated, Pool - In-Ground, Tennis Court
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Tennis Court: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered, Garage Detached, Oversized
  • General Property Info:Garage2: Yes
  • Parking Features:Oversized: Yes
  • Parking Features:Garage Detached: Yes
  • Parking Features:Covered: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Room, Elevators, Exercise Room, Gated Community, Pets Allowed, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 2395.72
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2301-0000-21205
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jun 7, 2022
Sold by
Twin Peeks Of Louisiana Llc
Bought by
Mishra Praveer
Seller's Agent
Amy Willey
Aquatic Resort Properties Inc
Buyer's Agent
Suzanne Hedgepeth
EXP Realty LLC
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$417,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,949
Avg. Annual Appreciation
-4.35%
Original Mortgage
$290,000
Outstanding Balance
$275,936
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$141,115
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 Buyer Sale Price Title Company
Mishra Praveer $485,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mishra Praveer $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $485,000 0.0% $500 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $485,000 -- $500 / 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 $4,372 $382,000 -- $382,000
2023 $4,372 $366,000 $0 $366,000
2022 $2,729 $265,000 $0 $265,000
2021 $2,245 $186,300 $0 $186,300
2020 $2,073 $172,000 $0 $172,000
2019 $1,903 $155,000 $0 $155,000
2018 $1,695 $132,000 $0 $0
2017 $1,673 $128,000 $0 $0
2016 $1,611 $124,000 $0 $0
2015 $1,709 $129,000 $0 $0
2014 $1,728 $129,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Amy Willey

    Aquatic Resort Properties Inc

    (850) 259-9500

    7 in this area

    16 Total Sales

    Amy Willey
    Section Image

  • S

    Buyer's Agent in 2022

    Suzanne Hedgepeth

    EXP Realty LLC

    (252) 495-3705

    1 in this area

    9 Total Sales

    Suzanne Hedgepeth
    Section Image
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About The Palms of Destin

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 897872

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2310-0002-1205

Florida Okaloosa County Destin 32541

4207 Indian Bayou Trail Unit 21205, Destin, FL

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