$440,000
SOLD AUG 25, 2023

The Palms of Destin 4207 Indian Bayou Trail Unit 2813 Destin, FL 32541

2 Beds
2 Baths
970 Sq Ft
$901/mo HOA Fee

Recently Sold

$454 Per Sq Ft

3% Below List Price

157 Days on Market

Highlights

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

About This Home

As of December 2024

Everything you're looking for in a condo is right in the PALM of your hand at The Palms of Destin!! Situated on over 10 acres in the heart of Destin, you will love the well manicured landscaping featuring over 240+ palm trees, waterfalls and multiple pools! This 8th floor beauty was recently updated with new floors (NO CARPET), painted kitchen cabinets and ready for you or your first guest! Palms is an excellent investment, second home or primary residence. With this resort, you can park and relax, without ever having to drive while on vacation. There is an onsite restaurant and coffee bar plus a shuttle that runs to multiple attractions in the area! HOA fees cover all utilities-electric, water, trash, wifi and cable!!

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. The Palms also features a new state of the art fitness center, pickle ball (indoor and outdoor), tennis and basketball court, seasonal shuttle and a new outdoor grilling area! Look no further as The Palms Resort and Conference center is a 5 star resort with amenities hard to beat! The Palms also has electric car charging stations!! Call your favorite agent for a showing today!
While we believe all information to be accurate, buyer to verify all information including dimensions.

Last Agent to Sell the Property

Nichole Causton

Go Coastal Realty LLC License #3366389 Listed on: 05/20/2023

Last Buyer's Agent

Sean O'Leary

Lead Realty License #3515696

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,790

Year Built

  • Built in 2007

HOA Fees

  • $901 Monthly HOA Fees

Parking

  • 2 Car Garage

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
  • Laminate Flooring

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

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

Additional Features

  • Spa

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2310-0000-2813

Community Details

Overview

  • Association fees include electricity, ground keeping, management, security, sewer, water, cable TV, trash
  • 200 Buildings
  • 200 Units
  • The Palms Of Destin Resorts Subdivision
  • Handicap Modified Features In Community
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,790

Year Built

Built in 2007

Lot Details

0

HOA Fees

$901 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: THE PALMS OF DESTIN Resorts
  • Directions: Located on the North side of HWY 98 in between Bubba Gump Shrimp and 790 on The Gulf.
  • 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
  • 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
  • Special Features: None

Interior Features

  • Number Of Buildings: 200
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor Laminate, Newly Painted, Pantry, Washer/Dryer Hookup
  • Stories: 12
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Interior:Newly Painted: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Info:Garage2: No

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: BBQ Pit/Grill, Elevators, Exercise Room, Gated Community, Handicap Provisions, Pets Allowed, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 2702.97
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Electricity, Ground Keeping, 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-22-2310-0000-2813
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Dec 31, 2024
Sold by
Plaice Deborah and Sanchez Ramiro E
Bought by
Depalma Melissa
Seller's Agent
Nichole Causton
Go Coastal Realty LLC
Buyer's Agent
Scott Suber
Beach Haven Realty LLC
List Price
$454,900
Sold Price
$440,000
Premium/Discount to List
-$14,900
-3.28%
Views
156
Current Estimated Value
$424,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,342
Avg. Annual Appreciation
-8.00%
Original Mortgage
$330,000
Outstanding Balance
$328,572
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$91,012

Purchase Details

Closed on
Mar 21, 2024
Sold by
Plaice Deborah
Bought by
Plaice Deborah and Sanchez Ramiro E

Purchase Details

Listed on
May 20, 2023
Closed on
Aug 22, 2023
Sold by
Downey Matthew James
Bought by
Plaice Deborah
Seller's Agent
Nichole Causton
Go Coastal Realty LLC
Buyer's Agent
Sean O'Leary
Lead Realty
List Price
$454,900
Sold Price
$440,000
Premium/Discount to List
-$14,900
-3.28%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.43%

Purchase Details

Listed on
Feb 2, 2021
Closed on
Mar 19, 2021
Sold by
Sons Thomas and Cooper Thea V
Bought by
Downey Matthew James
Seller's Agent
Franklin Perry
A List Beach Realty LLC
Buyer's Agent
Nichole Causton
The Premier Property Group
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.06%
Original Mortgage
$173,328
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 24, 2020
Closed on
Mar 19, 2020
Sold by
Drb Development Llc
Bought by
Sons Thomas and Cooper Thea V
Seller's Agent
Lisa Collier
The Agency Northwest Florida Beaches
Buyer's Agent
Nichole Causton
The Premier Property Group
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.50%
Original Mortgage
$227,000
Interest Rate
3.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $440,000 Waypoint Title
Warranty Deed $440,000 Waypoint Title
Quit Claim Deed $100 Waypoint Title
Warranty Deed $440,000 Waypoint Tide Llc
Warranty Deed $260,000 Attorney
Warranty Deed $160,000 Mcgill Escrow And Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,000 New Conventional
Closed $330,000 New Conventional
Previous Owner $173,328 Purchase Money Mortgage
Previous Owner $227,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $440,000 -3.3% $454 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $454,900 +75.0% $469 / Sq Ft
05/28/2024 05/28/24 Off Market $260,000 -- --
08/25/2023 08/25/23 Sold $440,000 -2.2% $454 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/08/2023 06/08/23 Price Changed $449,900 -1.1% $464 / Sq Ft
05/20/2023 05/20/23 Price Changed $454,900 0.0% $469 / Sq Ft
05/20/2023 05/20/23 For Sale $454,900 -0.9% $469 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $459,000 +76.5% $473 / Sq Ft
03/19/2021 03/19/21 Sold $260,000 0.0% $268 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $260,000 +62.5% $268 / Sq Ft
03/24/2020 03/24/20 For Sale $160,000 0.0% $165 / Sq Ft
03/19/2020 03/19/20 Sold $160,000 -- $165 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
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 $3,790 $374,000 -- $374,000
2023 $3,790 $358,000 $0 $358,000
2022 $3,097 $257,000 $0 $257,000
2021 $2,214 $178,300 $0 $178,300
2020 $1,962 $164,000 $0 $164,000
2019 $1,796 $147,000 $0 $147,000
2018 $1,592 $124,000 $0 $0
2017 $1,568 $120,000 $0 $0
2016 $1,507 $116,000 $0 $0
2015 $1,603 $121,000 $0 $0
2014 $1,623 $121,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 915521

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2310-0000-2813