NOT LISTED FOR SALE

The Palms of Destin 4203 Indian Bayou Trail Unit 1111 Destin, FL 32541

Estimated Value: $288,000 - $312,000

2 Beds
2 Baths
970 Sq Ft
$1,199/mo HOA Fee

Last Sold May 28, 2025

Last sale price $300,000 $309 Per Sq Ft

Current estimated payment $3,077/month

365 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Furnished
  • Destin Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Covered Patio or Porch

About This Home

As of May 2025

Over $19k in future bookings-welcome to your dream condo! This luxurious 2-bedroom, 2-bathroom condo is your chance to experience resort-style living in the heart of Destin. With its prime location just steps away from the breathtaking zero-entry lagoon-style pool, you'll feel like you're on vacation every day. This stylishly updated and beautifully decorated unit is the perfect place to relax and unwind while maximizing your rental potential-last year this unit grossed a little over $50k. Lounge around the pool while enjoying a full-service bar and food service, or take advantage of the amazing coffee shop, gym, dog walk, tennis courts, kids playground, and 24-hour security. The meticulously landscaped grounds are absolutely stunning, and there's something for every member of your family. But that's not all - this condo offers luxury amenities that will make you feel like royalty. Enjoy an onsite restaurant, lagoon pool with waterfalls, hot tub, heated pool, children's pool with splash fountains, basketball courts, and conference center. Electric vehicle charging stations also available. Plus, you'll have access to a complimentary shuttle to Henderson State Park, June White Decker public beach access, and Harborwalk Village.Inside the condo, you'll find everything you need for comfortable living. This first-floor unit offers simple access to the beach life, and features new appliances including a refrigerator, dishwasher, washer, and dryer - all replaced in 2020. Most rooms have new paint and flooring redone in 2019, along with new living room furniture. Don't miss this rare opportunity to own your own slice of paradise. Come see this stunning condo today and start living your best life..

Last Agent to Sell the Property

Nichole Causton

Go Coastal Realty LLC License #3366389 Listed on: 04/12/2024

Last Buyer's Agent

Taylor Labno

Coldwell Banker Realty License #3496403

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,426

Year Built

  • Built in 2007

HOA Fees

  • $1,199 Monthly HOA Fees

Home Design

  • Metal Roof
  • Concrete Siding
  • Steel Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 970 Sq Ft Home
  • Furnished
  • Window Treatments
  • Living Room
  • Tile Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

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-22-2311-0000-1111

Community Details

Overview

  • Association fees include accounting, advertising, electricity, ground keeping, insurance, internet service, legal, master, security, sewer, water, cable TV, trash
  • 203 Buildings
  • 203 Units
  • The Palms Of Destin Subdivision
  • Handicap Modified Features In Community
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Recreation Room
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,426

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,199 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: THE PALMS OF DESTIN
  • Directions: On the north side of Highway 98 across from Silver Shells and Ruth's Chris Steakhouse
  • 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
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Number Of Buildings: 203
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Floor Tile
  • Interior Amenities: Washer/Dryer Hookup
  • Stories: 12
  • Window Features: Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Floor Tile: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool - In-Ground, Pool Type
  • Construction Type: Concrete, Steel, Stucco
  • Exterior Features: Tennis Court
  • Foundation Details: Foundation On Piling
  • Patio And Porch Features: Patio Covered
  • Property Condition: Renovated, Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Tennis Court: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Pickle Ball, BBQ Pit/Grill, Community Room, Dumpster, Elevators, Exercise Room, Gated Community, Handicap Provisions, Pets Allowed, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 3598.18
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Electricity, Ground Keeping, Insurance, Internet Service, Legal, Master Association, 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-22-2311-0000-1111

Multi Family

  • Number Of Units In Community: 203

Tax Info

  • Tax Annual Amount: 3426.03
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 28, 2025
Sold by
Allen Christopher and Collier Shelton
Bought by
Mitchell Rayshun
Seller's Agent
Nichole Causton
Go Coastal Realty LLC
Buyer's Agent
Taylor Labno
Coldwell Banker Realty
List Price
$409,000
Sold Price
$300,000
Premium/Discount to List
-$109,000
-26.65%
Views
642
Current Estimated Value
$301,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,222
Avg. Annual Appreciation
1.08%
Original Mortgage
$225,000
Outstanding Balance
$224,417
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$76,805

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 4, 2021
Sold by
Shoener Dennis J and Shoener Abby M
Bought by
Collier Shelton and Allen Christopher
Seller's Agent
Lori Logue
VCFL Realty LLC
Buyer's Agent
MATT GARDNER
EXP Realty LLC
List Price
$305,000
Sold Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.42%
Original Mortgage
$244,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2019
Closed on
Jul 12, 2019
Sold by
Crown Leasing Inc
Bought by
Shoener Dennis J and Shoener Abby M
Seller's Agent
Lacey Price
Destin Real Estate
Buyer's Agent
Nicole Guidry
Century 21 Blue Marlin Pelican
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.50%
Original Mortgage
$124,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Mitchell Rayshun $300,000 Landmark Title Llc
Collier Shelton $305,000 Bright Line Title Llc
Shoener Dennis J $155,000 Aqua Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Rayshun $225,000
Previous Owner Collier Shelton $244,000
Previous Owner Shoener Dennis J $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2025 05/28/25 Sold $300,000 0.0% $309 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
03/25/2025 03/25/25 Price Changed $300,000 -20.0% $309 / Sq Ft
03/08/2025 03/08/25 Price Changed $374,900 -3.2% $386 / Sq Ft
06/13/2024 06/13/24 Price Changed $387,400 -3.1% $399 / Sq Ft
04/24/2024 04/24/24 Price Changed $399,900 -2.2% $412 / Sq Ft
04/12/2024 04/12/24 For Sale $409,000 +34.1% $422 / Sq Ft
09/20/2021 09/20/21 Off Market $305,000 -- --
06/22/2021 06/22/21 Sold $305,000 0.0% $314 / Sq Ft View Prior Sale
05/18/2021 05/18/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $305,000 +96.8% $314 / Sq Ft
07/12/2019 07/12/19 Sold $155,000 0.0% $160 / Sq Ft View Prior Sale
05/20/2019 05/20/19 Pending -- -- --
01/06/2019 01/06/19 For Sale $155,000 -- $160 / 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 $3,365 $306,000 -- $306,000
2023 $3,365 $295,200 $0 $295,200
2022 $2,961 $245,700 $0 $245,700
2021 $1,808 $147,870 $0 $147,870
2020 $1,633 $130,500 $0 $130,500
2019 $1,518 $119,700 $0 $119,700
2018 $1,412 $110,000 $0 $0
2017 $1,385 $106,000 $0 $0
2016 $1,325 $102,000 $0 $0
2015 $1,418 $107,000 $0 $0
2014 $1,435 $107,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nichole Causton

    Seller's Agent in 2025

    Nichole Causton

    Go Coastal Realty LLC

    (850) 714-7600

    156 in this area

    209 Total Sales

    Nichole Causton
    Section Image

  • T

    Buyer's Agent in 2025

    Taylor Labno

    Coldwell Banker Realty

    (707) 477-0649

    3 in this area

    17 Total Sales

    Taylor Labno
    Section Image

  • L

    Seller's Agent in 2021

    Lori Logue

    VCFL Realty LLC

    (850) 750-0239

    1 in this area

    99 Total Sales

    Lori Logue
    Section Image
  • MATT GARDNER

    Buyer's Agent in 2021

    MATT GARDNER

    EXP Realty LLC

    (724) 513-6012

    40 in this area

    309 Total Sales

    MATT GARDNER
    Section Image
  • Lacey Price

    Seller's Agent in 2019

    Lacey Price

    Destin Real Estate

    (850) 598-9128

    13 in this area

    38 Total Sales

    Lacey Price
    Section Image

  • N

    Buyer's Agent in 2019

    Nicole Guidry

    Century 21 Blue Marlin Pelican

See All Agents

About The Palms of Destin

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 947207

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2311-0000-1111

Florida Okaloosa County Destin 32541

4203 Indian Bayou Trail Unit 1111, Destin, FL

This home is located at 4203 Indian Bayou Trail Unit 1111, Destin, FL 32541 since 12 April 2024 and is currently estimated at $301,222, approximately $310 per square foot. This property was built in 2007. 4203 Indian Bayou Trail Unit 1111 is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach High School.

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.

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