The Palms of Destin 4205 Indian Bayou Trail Unit 3107 Destin, FL 32541
Estimated payment $4,812/month
Total Views
15,465
2
Beds
2
Baths
1,480
Sq Ft
$331
Price per Sq Ft
Highlights
- Heated In Ground Pool
- Gated Community
- Furnished
- Destin Elementary School Rated A-
- Waterfront
- Game Room
About This Home
One of only 14 Poolside Villas, the Villa Cabana Royale is a rental Gem. With over $70,000K in rental income year over year, This 1480 sq ft of open concept walk in/ walk out Pool Side Villa Cabana Royale is a Guest Favorite, with an amazing ROI! Featuriung double sliding doors that open to views of the tropical grounds 11,000 sq ft pool deck, 10ft ceilings! 5 Star Amenities. Upgrades galore, Remodeled, NEW LVP flooring, NEW Washer/ Dryer, Electric LED fireplace, NEW Lighting with remotes, NEW XL TV's, Painted with Wainscotting, 2yr old Dishwasher and microwave, Separate Laundry room.
Comes completely furnished, and turn key. Hit the ground running with an existing book of business with $6,500 in upcoming Spring Break revenue! Seller will pay the Sept 2025 special assessment for the buyer: $2578.62 The Palms of Destin has a New State of the Art Gym, a New Grilling Area, 11,000 sq ft pool deck with a lagoon pool with waterfalls, islands, a seasonally heated pool, a children's wading pool and a splash pad area. An onsite Coffee shop, a poolside Tiki Bar, and Palms Bistro Restuarant. The palms offers a free beach shuttle across the street to June Decker Beach and Henderson State Park, as well as water sports, shopping and dining locations. The Palms is in the heart of Destin, Surrounded by upscale restaurants; Ruth's Chris, Bubba Gump's, Joe's Crab Shack, and Peppers. This 5 Star resort offers a world class trip to vacationers and owners alike.
Open House Schedule
-
Wednesday, November 12, 20251:00 to 3:00 pm11/12/2025 1:00:00 PM +00:0011/12/2025 3:00:00 PM +00:00Located in the Palms of Destin on the corner of Indian Bayou and Emerald Coast Parkway, Join us for a community Open House, Please Park in the parking Garage and Join us in the lobby at the Real Estate office to preview units. I look Forward to Meeting You,Add to Calendar
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,118
Year Built
- Built in 2007
Lot Details
HOA Fees
- $1,821 Monthly HOA Fees
Parking
- Attached Garage
Home Design
- Flat Roof Shape
- Concrete Siding
Interior Spaces
- 1,480 Sq Ft Home
- 1-Story Property
- Furnished
- Fireplace
- Window Treatments
- Living Room
- Vinyl Flooring
Kitchen
- Electric Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Pool
- Heated In Ground Pool
- Spa
Outdoor Features
- Patio
- Gazebo
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-22-2312-0000-3107
Community Details
Overview
- Association fees include electricity, internet service, master, recreational faclty, security, sewer, water, cable TV, trash
- 14 Buildings
- 14 Units
- The Palms Of Destin Subdivision
Amenities
- Community Barbecue Grill
- Community Pavilion
- Game Room
- Recreation Room
- Laundry Facilities
- Elevator
Recreation
- Community Playground
- Community Whirlpool Spa
Security
- Gated Community
- Fire and Smoke Detector
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 | $4,898 | $450,000 | -- | $450,000 |
| 2023 | $4,898 | $410,000 | $0 | $410,000 |
| 2022 | $2,991 | $248,170 | $0 | $248,170 |
| 2021 | $2,484 | $200,000 | $0 | $200,000 |
| 2020 | $2,415 | $193,000 | $0 | $193,000 |
| 2019 | $2,347 | $185,000 | $0 | $185,000 |
| 2018 | $2,202 | $171,500 | $0 | $0 |
| 2017 | $2,241 | $171,500 | $0 | $0 |
| 2016 | $2,182 | $168,000 | $0 | $0 |
| 2015 | $2,345 | $177,000 | $0 | $0 |
| 2014 | $2,374 | $177,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/09/2025 09/09/25 | Price Changed | $490,000 | -2.0% | $331 / Sq Ft | |
| 05/14/2025 05/14/25 | Price Changed | $500,000 | -4.8% | $338 / Sq Ft | |
| 03/06/2025 03/06/25 | For Sale | $525,000 | -12.5% | $355 / Sq Ft | |
| 09/12/2022 09/12/22 | Sold | $600,000 | -7.4% | $407 / Sq Ft | View Prior Sale |
| 07/26/2022 07/26/22 | Pending | -- | -- | -- | |
| 06/02/2022 06/02/22 | For Sale | $647,900 | +159.2% | $440 / Sq Ft | |
| 02/19/2021 02/19/21 | Sold | $250,000 | 0.0% | $170 / Sq Ft | View Prior Sale |
| 01/13/2021 01/13/21 | Pending | -- | -- | -- | |
| 01/23/2020 01/23/20 | For Sale | $250,000 | -- | $170 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $600,000 | -- | |
| Warranty Deed | $250,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $480,000 | New Conventional | |
| Previous Owner | $187,500 | New Conventional |
Source: Public Records
About the Listing Agent
Angela's Other Listings
Source: Emerald Coast Association of REALTORS®
MLS Number: 970342
APN: 00-2S-22-2312-0000-3107
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