The Palms of Destin 4207 Indian Bayou Trail Unit 2501 Destin, FL 32541
Estimated payment $4,191/month
Total Views
80,850
2
Beds
2
Baths
1,175
Sq Ft
$383
Price per Sq Ft
Highlights
- In Ground Pool
- Bay View
- Furnished
- Destin Elementary School Rated A-
- Main Floor Primary Bedroom
- 4-minute walk to Destin Dog Park
About This Home
You absolutely can't miss this opportunity to own at The Palms of Destin! Buy today and enjoy earning income the day you close. This full 2 bedroom unit is located on the 5th floor and has perfect views of the palm trees and pools with views of the Gulf! Unit has grossed over $200k over the last 5 years with owner usage! In 2025, the unit has grossed almost $32k as of 7/31 with another $8,400 on the books for the rest of the year, with plenty more availability for bookings!
At 1,175 sqft, this is one of the largest 2-bedroom units in the tower, offering generous living space and unmatched comfort plus 2 balconies! Enjoy maintenance free living- hvac (inside and outside components) and water heater were replaced in 2022. This beautifully decorated condo is turnkey/ move-in ready, featuring tile flooring throughout, a stackable washer/dryer plus upgraded tv's and furnishings. Did we mention covered garage parking?? You'll never have to worry about finding a parking spot!
Whether you're looking for a dream beach getaway or a profitable investment, this unit checks all the boxes. Don't wait-this is exactly what you have been looking for!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,654
Year Built
- Built in 2007
HOA Fees
- $1,453 Monthly HOA Fees
Parking
- Garage
Property Views
Home Design
- Metal Roof
Interior Spaces
- 1,175 Sq Ft Home
- Furnished
- Ceiling Fan
- Dining Room
Kitchen
- Breakfast Bar
- Electric Oven or Range
- Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
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-22-2310-0000-2501
Community Details
Overview
- Association fees include accounting, electricity, ground keeping, insurance, internet service, management, master, recreational faclty, security, sewer, telephone, water, cable TV, trash
- 203 Buildings
- 203 Units
- The Palms Of Destin Subdivision
- 12-Story Property
Amenities
- Picnic Area
- Community Pavilion
- Game Room
- Elevator
Recreation
- Community Playground
- Community Whirlpool Spa
Pet Policy
- Pets Allowed
Map
About The Palms of Destin
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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 | $3,654 | $401,000 | -- | $401,000 |
| 2023 | $3,654 | $401,000 | $0 | $401,000 |
| 2022 | $2,921 | $286,000 | $0 | $286,000 |
| 2021 | $2,312 | $186,200 | $0 | $186,200 |
| 2020 | $2,140 | $171,000 | $0 | $171,000 |
| 2019 | $2,106 | $166,000 | $0 | $166,000 |
| 2018 | $2,067 | $161,000 | $0 | $0 |
| 2017 | $2,091 | $160,000 | $0 | $0 |
| 2016 | $2,000 | $154,000 | $0 | $0 |
| 2015 | $2,133 | $161,000 | $0 | $0 |
| 2014 | $2,159 | $161,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Price Changed | $450,000 | -5.2% | $383 / Sq Ft |
| 05/01/2025 05/01/25 | For Sale | $474,900 | +111.1% | $404 / Sq Ft |
| 11/28/2019 11/28/19 | Sold | $225,000 | 0.0% | $191 / Sq Ft |
| 10/28/2019 10/28/19 | Pending | -- | -- | -- |
| 10/02/2019 10/02/19 | For Sale | $225,000 | -- | $191 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100 | -- | |
| Warranty Deed | $225,000 | Mcgill Escrow & Title | |
| Warranty Deed | $170,000 | Mcgill Escrow & Title Llc | |
| Warranty Deed | $170,000 | Mcgill Escrow & Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $125,000 | New Conventional |
Source: Public Records
About the Listing Agent
Nichole's Other Listings
Source: Emerald Coast Association of REALTORS®
MLS Number: 975320
APN: 00-2S-22-2310-0000-2501
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