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For sale
    • $560,000

    4203 Indian Bayou Trl #11215, Destin, FL 32541

    2beds
    1,150sqft
    : 
    $3,580/mo
    Get pre-qualified
    Condominium
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $487/sqft
    $-- HOA

    What's special

    Covered protected parking
    Enjoy year-round sunsets from this spacious top-floor, penthouse, 2BR/2BA residence in the heart of Destin. This exceptional unit offers sweeping views of both the Gulf of Mexico and Choctawhatchee Bay, with a private terrace overlooking the stunning lagoon pool—perfect for relaxing and taking in the coastal scenery. Lots of upgrades, including a new water heater! Located within The Palms Resort, residents enjoy access to an impressive array of amenities, including an expansive 11,000-square-foot lagoon pool complete with waterfall and spa, a children's pool, playground, and splash area. Additional features include lighted tennis and basketball courts, a first-class fitness center, seasonal beach shuttle service, and covered, protected parking.
    173 days
    |
    45
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Nichole P Causton 850-714-7600,

    Go Coastal Realty LLC

    Source: ECAOR,MLS#: 995405MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Area: 120 Square Feet
      • Dimensions: 10 x 12
      Bedroom
      • Level: First
      • Area: 121 Square Feet
      • Dimensions: 11 x 11
      Kitchen
      • Level: First
      • Area: 90 Square Feet
      • Dimensions: 10 x 9
      Living room
      • Level: First
      • Area: 108 Square Feet
      • Dimensions: 12 x 9
      Cooling
      • Central Air
      Interior area
      • Total structure area: 1,150
      • Total interior livable area: 1,150 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Details
      • Parcel number: 002S22231100011215

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: THE PALMS OF DESTIN
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $487/sqft
      • Tax assessed value: $330,524
      • Annual tax amount: $3,842
      • Date on market: 2/15/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/26/2026Price change$560,000-0.4%$487/sqft
        Source: ECAOR #995405 Report a problem
        3/10/2026Price change$562,000-0.5%$489/sqft
        Source: ECAOR #995405 Report a problem
        2/25/2026Price change$565,000-0.5%$491/sqft
        Source: ECAOR #995405 Report a problem
        2/23/2026Price change$568,000-0.2%$494/sqft
        Source: ECAOR #995405 Report a problem
        2/15/2026Listed for sale$569,000+164.7%$495/sqft
        Source: ECAOR #995405 Report a problem
        6/22/2021Sold$215,000-17.3%$187/sqft
        Source: Public Record Report a problem
        12/17/2018Sold$260,000+4%$226/sqft
        Source: Public Record Report a problem
        9/1/2015Listing removed$249,900$217/sqft
        Source: Beach Properties of Florida LLC - Watercolor Crossings #712593 Report a problem
        5/11/2015Listed for sale$249,900$217/sqft
        Source: Beach Properties of Florida LLC - Watercolor Crossings #712593 Report a problem
        2/5/2015Listing removed$249,900$217/sqft
        Source: Beach Properties of Florida LLC #712593 Report a problem
        8/22/2014Listed for sale$249,900$217/sqft
        Source: Beach Properties of Florida LLC - Watercolor Cross #712593 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,881 +2.3%$325,323 +10%
        2024$3,795 +3.8%$295,748 -15.5%
        2023$3,656 +11.2%$350,000 +14.4%
        2022$3,289 +18.9%$306,000 +37%
        2021$2,766 +9.5%$223,400 +10.6%
        2020$2,527 -1.4%$202,000
        2019$2,562 +12.7%$202,000 +14.1%
        2018$2,273 $177,000 +2.6%
        2017$2,273 +0.8%$172,500 +3.3%
        2016$2,254 +3.9%$167,000 -4.6%
        2015$2,169 -6.4%$175,000
        2014$2,318 $175,000 +5.4%
        2013-- $166,000 +4.4%
        2012-- $159,000 -1.2%
        2011-- $161,000 -24.8%
        2010-- $214,000 -23%
        2009-- $278,000 -27%
        2008-- $381,000 +2440%
        2007-- $15,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32541

        Getting around

        47 / 100
        Car-Dependent
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Destin
        • Middle: Destin
        • High: Fort Walton Beach

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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