NOT LISTED FOR SALE

The Palms of Destin 4207 Indian Bayou Trail Unit 2617 Destin, FL 32541

Estimated Value: $477,000 - $638,000

3 Beds
2 Baths
1,445 Sq Ft
$1,189/mo HOA Fee

Last Sold January 25, 2023

Last sale price $680,000 $471 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $4,390/month

33 Days on Market

Highlights

  • Intracoastal View
  • Heated In Ground Pool
  • Newly Painted Property
  • Destin Elementary School Rated A-
  • Gated Community
  • 4-minute walk to Destin Dog Park

About This Home

As of January 2023

Exclusive 1 of 11 Penthouse Suites in the West Tower. Private Residence, Gorgeous 6th Floor End Unit with Panoramic 180 Gulf Views from nearly every room! Expansive 3 full bedroom, 2 bath, 1445 Sq ft with 75K- 85K + potential rental income. All 3 Bedrooms Face the Gulf with Gulf views, with their own balcony access. Floor to Ceiling windows, overlooking the Lagoon pool, tropical landscapes, and the Gulf of Mexico, all for under $700K in Destin. The space is an entertainer's dream, counter height White quartz counter tops, Gorgeous upgraded Stainless Appliances, New flooring throughout, HVAC less than 2yrs old, New MB Bath vanity with granite, Amazing Views. Livingroom has double sliding doors with amazing views of the Gulf and Lagoon pool. Upscale furnishings, upgraded lighting , Master has a King Bed, Guest Suite 2 has King Bed, Guest Rm 3 Queen Bed, Walk in closets. This rare 3 bedroom condo is just waiting for you to make it your own amazing home, or vacation rental. This unit is a private residence and has been meticulously cared for, and has the potential for a great return on investment. The Palms of Destin is like no other condo in Destin, it has amazing 11,000 sq ft lagoon pool deck, with a second heated pool, an island style hot tub, children's pool and splash pad areas. Indoor and outdoor pickleball, basketball, clay tennis courts, children's play ground, BBQ grilling area, onsite restaurant, onsite coffee house, onsite tiki bar, entertainment, DJ/Disco, and ballroom dancing, something for just about everyone. Location is ideal, Bubba Gumps, Joes crab shack, Ruths Chris, the back porch, and several other restaurants

Last Agent to Sell the Property

Angela Lemke

Bastion Realty LLC License #3468190 Listed on: 11/30/2022

Last Buyer's Agent

Test Test

ECN - Unknown Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • Back Yard Fenced
  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $1,189 Monthly HOA Fees

Parking

  • Garage

Property Views

Home Design

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

Interior Spaces

  • 1,445 Sq Ft Home
  • Furnished
  • Shelving
  • Crown Molding
  • Wainscoting
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Living Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Gazebo
  • Built-In Barbecue

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2310-0000-2617

Community Details

Overview

  • Association fees include electricity, ground keeping, internet service, land recreation, legal, utilities, recreational faclty, security, sewer, telephone, water, cable TV, trash
  • 202 Buildings
  • 202 Units
  • Palms Of Destin Subdivision
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Recreation Room
  • Laundry Facilities
  • Elevator

Recreation

  • Handball Court
  • Community Playground
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Building Fire Alarm
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,251

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$1,189 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PALMS OF DESTIN (THE)
  • Directions: Located on the corner of Emerald Coast Parkway and Indian Bayou Trl. Resort sits right on the corner.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2007
  • 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
  • Energy:Ceiling Fans: Yes
  • Rooms:Balcony2: Yes
  • Waterview:Intracoastal Waterwy: Yes
  • Waterview:Bayou2: Yes
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 202
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Elevator, Floor Laminate, Floor Vinyl, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Pantry, Renovated, Shelving, Split Bedroom, Walls Wainscoting, Washer/Dryer Hookup, Window Treatment All
  • Stories: 12
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Shelving: Yes
  • Interior:Floor Laminate: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf, Bayou, Unit Waterview Only
  • Construction Type: Concrete, Block, Roof Flat
  • Exterior Features: Balcony, BBQ Pit/Grill, Deck Covered, Fenced Back Yard, Hot Tub, Lawn Pump, Pavillion/Gazebo, Pool - Heated, Pool - In-Ground, Renovated, Shower, Sprinkler System, Tennis Court
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:PavillionGazebo: Yes
  • Exterior:Tennis Court: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Dumpster, Elevators, Exercise Room, Gated Community, Handball, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Whirlpool
  • Association #2 Fee: 3568.47
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Electricity, Ground Keeping, Internet Service, Land Recreation, Legal, Other Utilities, Recreational Faclty, Security, Sewer, Telephone, Water, Cable TV, Trash

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-2310-0000-2617
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 202

Tax Info

  • Tax Annual Amount: 2250.68
  • Tax Year: 2021

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Jan 25, 2023
Sold by
Beaudoin Jean-Pierre and Beaudoin Louise
Bought by
Wright Ramee Amelia and Wright Janet
Seller's Agent
Angela Lemke
Bastion Realty LLC
Buyer's Agent
Test Test
ECN - Unknown Office
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Views
22
Current Estimated Value
$573,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$106,485
Avg. Annual Appreciation
-5.98%
Original Mortgage
$686,421
Outstanding Balance
$638,143
Interest Rate
6.27%
Mortgage Type
Balloon
Estimated Equity
-$64,628

Purchase Details

Closed on
Dec 19, 2013
Sold by
Bank Of America National Association
Bought by
Beaudoin Jean Pierre and Beaudoin Louise

Purchase Details

Closed on
Dec 21, 2012
Sold by
Slade Gary L
Bought by
Bank Of America National Association
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
Wright Ramee Amelia $680,000 --
Beaudoin Jean Pierre $264,000 Attorney
Bank Of America National Association $95,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Ramee Amelia $686,421
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2023 01/25/23 Sold $680,000 -2.7% $471 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
11/30/2022 11/30/22 For Sale $699,000 -- $484 / 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 $2,319 $540,000 -- $540,000
2023 $2,319 $232,630 $0 $0
2022 $2,259 $225,854 $0 $0
2021 $2,251 $219,276 $0 $0
2020 $2,231 $216,249 $0 $0
2019 $2,202 $263,000 $0 $0
2018 $2,181 $207,446 $0 $0
2017 $2,167 $203,179 $0 $0
2016 $2,108 $199,000 $0 $0
2015 $2,288 $209,000 $0 $0
2014 $2,318 $209,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Angela Lemke

    Seller's Agent in 2023

    Angela Lemke

    Bastion Realty LLC

    (850) 377-1174

    42 in this area

    51 Total Sales

    Angela Lemke
    Section Image

  • T

    Buyer's Agent in 2023

    Test Test

    ECN - Unknown Office

    (585) 329-5058

    114 in this area

    3,610 Total Sales

    Test Test
    Section Image
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About The Palms of Destin

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 912694

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2310-0000-2617

Florida Okaloosa County Destin 32541

4207 Indian Bayou Trail Unit 2617, Destin, FL

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