NOT LISTED FOR SALE

The Palms of Destin 4207 Indian Bayou Trail Unit 21216 Destin, FL 32541

Estimated Value: $423,653 - $489,000

2 Beds
2 Baths
1,150 Sq Ft
$960/mo HOA Fee

Last Sold June 13, 2022

Last sale price $540,000 $470 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,772/month

72 Days on Market

Highlights

  • Gulf View
  • Gated Community
  • Main Floor Primary Bedroom
  • Destin Elementary School Rated A-
  • Newly Painted Property
  • 4-minute walk to Destin Dog Park

About This Home

As of June 2022

A rare find!! Get ready to watch boats pass by on the Gulf during the day and sunsets and fireworks in the evening! Gorgeous, fully furnished, remodeled penthouse unit at highly sought after Palms of Destin. This full 2 bedroom/2 bath unit has new life proof, wood plank-like LVP flooring with new white quartz counter tops and backsplash with painted cabinets. Both bedrooms feature a king size bed! This unit is perfect for an investment or full time residency. During current ownership this unit has been rented some on Airbnb similar units have grossed over $70k YTD!! This unit had a recent facelift -a few updates include-new paint on walls and cabinets, new light fixtures and cabinet hardware

Exterior features a private patio-just steps from the 11,000 sq ft lagoon pool, w/ waterfalls and bridges within the 2 acre ''oasis''. The children's pool and interactive splash fountain will provide hours of enjoyment while the parents enjoy a swim, or lounging with a drink from the on site restaurant and coffee shop. Seasonal shuttle service provided to local attractions such as Harborwalk and beaches! The Palms is located in the heart of Destin-only .03 miles to June White Decker Park with free parking and public beach access. HOA includes all utilities-even internet and electricity! Other on site amenities include-pickleball, basketball, covered parking and owners parking lot. Buyer to verify all information.

Last Agent to Sell the Property

Nichole Causton

Go Coastal Realty LLC License #3366389 Listed on: 02/17/2022

Last Buyer's Agent

Test Test

ECN - Unknown Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,420

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 0.64

HOA Fees

  • $960 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Newly Painted Property
  • Concrete Siding
  • Steel Siding
  • Stucco

Interior Spaces

  • 1,150 Sq Ft Home
  • Furnished
  • Crown Molding
  • Living Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Open Patio

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-22-2310-0002-1216

Community Details

Overview

  • Association fees include accounting, electricity, ground keeping, insurance, internet service, legal, management, recreational faclty, repairs/maintenance, security, sewer, water, cable TV, taxes, trash
  • The Palms Of Destin Subdivision
  • Handicap Modified Features In Community

Amenities

  • Picnic Area
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,420

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$960 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: THE PALMS OF DESTIN
  • Directions: On Hwy 98 near Jim N Nicks
  • 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
  • Appliances Refrigerators: 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
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Floor WW Carpet, Furnished - All, Newly Painted, Pantry, Renovated
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Concrete, Steel, Stucco
  • Exterior Features: Patio Open
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Patio Open: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: 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: Dumpster, Elevators, Exercise Room, Gated Community, Handicap Provisions, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 2879.62
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Electricity, Ground Keeping, Insurance, Internet Service, Legal, Management, Recreational Faclty, Repairs/Maintenance, Security, Sewer, Water, Cable TV, Taxes, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2310-0002-1216
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 2420.3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Jun 13, 2022
Sold by
Gone Coastal Properties Llc
Bought by
Savage Loretta Lynn and Savage Dean Kirk
Seller's Agent
Nichole Causton
Go Coastal Realty LLC
Buyer's Agent
Test Test
ECN - Unknown Office
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$456,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,587
Avg. Annual Appreciation
-4.85%
Original Mortgage
$378,000
Outstanding Balance
$357,138
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$99,275

Purchase Details

Closed on
Jun 16, 2021
Sold by
Winkler Holdings Llc
Bought by
Gone Coastal Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 2014
Sold by
Salvatori Leo J
Bought by
Winkeler Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Savage Loretta Lynn $540,000 None Listed On Document
Gone Coastal Properties Llc $270,000 Attorney
Winkeler Holdings Llc $240,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savage Loretta Lynn $378,000
Previous Owner Gone Coastal Properties Llc $202,500
Previous Owner Winkeler Holdings Llc $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2022 06/13/22 Sold $540,000 0.0% $470 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $540,000 -- $470 / 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 $5,017 $420,000 -- $420,000
2023 $5,017 $420,000 $0 $420,000
2022 $3,639 $302,000 $0 $302,000
2021 $2,577 $207,500 $0 $207,500
2020 $2,521 $201,500 $0 $201,500
2019 $2,417 $192,000 $0 $192,000
2018 $2,209 $172,000 $0 $0
2017 $2,189 $167,500 $0 $0
2016 $2,104 $162,000 $0 $0
2015 $2,239 $169,000 $0 $0
2014 $2,266 $169,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nichole Causton

    Seller's Agent in 2022

    Nichole Causton

    Go Coastal Realty LLC

    (850) 714-7600

    163 in this area

    209 Total Sales

    Nichole Causton
    Section Image

  • T

    Buyer's Agent in 2022

    Test Test

    ECN - Unknown Office

    (585) 329-5058

    114 in this area

    3,612 Total Sales

    Test Test
    Section Image
See All Agents

About The Palms of Destin

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 878202

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2310-0002-1216

Florida Okaloosa County Destin 32541

4207 Indian Bayou Trail Unit 21216, Destin, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes