$440,000
SOLD DEC 31, 2024

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

2 Beds
2 Baths
970 Sq Ft
$1,040/mo HOA Fee

Recently Sold

$454 Per Sq Ft

3% Below List Price

106 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

No need to look any further, you've discovered an exquisite turn-key condo nestled in an unbeatable prime location at the heart of Destin. This 8th-floor condo is the best location in the building being far enough south to take in the breathtaking Gulf and Bay view plus the tropical pool deck. Tastefully updated with new quartz countertops, faucets, stainless steel appliances, elegant non-carpeted flooring, freshly painted kitchen cabinets, new backsplash, and modern light fixtures throughout. Adorned with coastal artwork, this condo is primed and ready for your enjoyment or for hosting 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.

HOA fees cover all utilities-electric, water, trash, wifi and cable!!

Resting on over 2 acres, the meticulously maintained grounds boast over 200 palm trees, charming waterfalls, and several pools. 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 (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 resort with amenities hard to beat! The Palms also has electric car charging stations!! Then in the evening, you will find yourself on the balcony enjoying the sunsets! 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: 08/20/2024

Last Buyer's Agent

Scott Suber

Beach Haven Realty LLC License #3380896

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,790

Year Built

  • Built in 2007

HOA Fees

  • $1,040 Monthly HOA Fees

Parking

  • 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

Pool

  • In Ground Pool
  • Spa

Outdoor Features

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-22-2310-0000-2813

Community Details

Overview

  • Association fees include electricity, ground keeping, management, security, sewer, water, cable TV, trash
  • 203 Buildings
  • 203 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

$1,040 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: THE PALMS OF DESTIN Resorts
  • Directions: From HWY 98 head south on Indian Bayou Drive, turn right into The Palms of Destin. Unit is in the west tower, 8th floor.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2007
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 203
  • 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
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: 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
  • 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: 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: 3120.58
  • 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: 203

Tax Info

  • Tax Annual Amount: 3789.61
  • Tax Year: 2023

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
$429,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,559
Avg. Annual Appreciation
-5.48%
Original Mortgage
$330,000
Outstanding Balance
$328,572
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$99,436

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
-1.49%

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
Go Coastal Realty LLC
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
Go Coastal Realty LLC
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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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 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: 957335

Emerald Coast Association of REALTORS®

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