OWNER FINANCING Available ~ Unit 1506 is upgraded and priced to move with a new water heater just installed! Enjoy one of the rare locations that works as an ideal primary residence, second home, or investment property (i.e. AirBnB or VRBO short term rental). This turn-key 2 bed, 2 bath property conveys FULLY FURNISHED and offers views of the Gulf of America from the 5th floor balcony. You'll love the updated kitchen, LVP flooring, furniture, fixtures, decor, and more! Don't forget to ask about the complimentary beach shuttle service to Henderson State Park and to the Commons as well. The Palms of Destin is famous for its amazing amenities, including the zero-entry pool, massive hot tub, brand new gym and cafe, restaurant, tennis courts, playground area, splash pads, and much more!
Sold for $325,000
$325,000
4203 Indian Bayou Trl #1506, Destin, FL 32541
2beds
970sqft
Condominium
Built in 2007
-- sqft lot
$299,100 Zestimate®
$335/sqft
$2,716 Estimated rent
Home value
$299,100
$275,000 - $323,000
$2,716/mo
Zestimate® history
Owner options
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$2,716/mo
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$2,716/mo
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$2,106/mo
Est. payment
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$2,106/mo
Est. payment
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List your homeWhat's special
Tennis courtsPlayground areaMassive hot tubLvp flooringUpdated kitchenZero-entry poolSplash pads
Zillow last checked:
Listing updated:
Listed by:
Matthew G Gardner 724-513-6012,
EXP Realty LLC
Bought with:
Nelmar Chen, 3393546
Coldwell Banker Realty
Source: ECAOR,MLS#: 968929
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom
- Level: First
- Area: 56 Square Feet
- Dimensions: 8 x 7
Primary bathroom
- Level: First
- Area: 48 Square Feet
- Dimensions: 8 x 6
Bathroom
- Level: First
- Area: 48 Square Feet
- Dimensions: 8 x 6
Dining area
- Level: First
- Area: 308 Square Feet
- Dimensions: 22 x 14
Kitchen
- Level: First
- Area: 90 Square Feet
- Dimensions: 10 x 9
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Electric Water Heater
Features
- Owner's Closet
- Flooring: Tile, Vinyl
- Furnished: Yes
Interior area
- Total structure area: 970
- Total interior livable area: 970 sqft
Property
Features
- Exterior features: Balcony
- Pool features: Heated, In Ground
- Has spa: Yes
- Spa features: Heated
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Details
- Parcel number: 002S22231100001506
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete
Condition
- Construction Complete
- New construction: No
- Year built: 2007
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Community Room, Elevators, Fitness Center, Playground, Pool, TV Cable, Tennis Court(s), Pickleball, Short Term Rental - Allowed
- Security: Fire Alarm
- Subdivision: THE PALMS OF DESTIN
HOA
- Has HOA: Yes
- Services included: Electricity, Maintenance Grounds, Insurance, Sewer, Cable TV, Trash, Water, Internet
Location
- Region: Destin
Financial & listing details
- Price per square foot: $335/sqft
- Tax assessed value: $301,911
- Annual tax amount: $3,017
- Date on market: 4/4/2025
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2025 | Sold | $325,000$335/sqft |
Source:  ECAOR #968929 Report a problem | ||
| 6/24/2025 | Pending sale | $325,000$335/sqft |
Source: ECAOR #968929 Report a problem | ||
| 4/4/2025 | Listed for sale | $325,000$335/sqft |
Source: ECAOR #968929 Report a problem | ||
| 3/22/2025 | Pending sale | $325,000$335/sqft |
Source: ECAOR #968929 Report a problem | ||
| 2/19/2025 | Listed for sale | $325,000+66.7%$335/sqft |
Source: ECAOR #968929 Report a problem | ||
| 12/21/2020 | Sold | $195,000-4.8%$201/sqft |
Source: ECAOR #858843 Report a problem | ||
| 11/7/2020 | Listed for sale | $204,900+32.2%$211/sqft |
Source: Dream Team Realty of NW Florida LLC #858843 Report a problem | ||
| 9/23/2020 | Sold | $155,000$160/sqft |
Source: ECAOR #855008 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,140 -0.1% | $234,549 +10% |
| 2024 | $3,143 +3% | $213,226 -35% |
| 2023 | $3,050 +15.4% | $328,000 +21.7% |
| 2022 | $2,644 +32.9% | $269,500 +68.2% |
| 2021 | $1,989 +14% | $160,200 +13.6% |
| 2020 | $1,744 +7.3% | $141,000 +7.6% |
| 2019 | $1,625 +11% | $131,000 +14.9% |
| 2018 | $1,464 | $114,000 +4.6% |
| 2017 | $1,464 +2.8% | $109,000 +3.8% |
| 2016 | $1,425 +4.4% | $105,000 -4.5% |
| 2015 | $1,364 -6.4% | $110,000 |
| 2014 | $1,457 | $110,000 +5.3% |
| 2013 | -- | $104,500 |
| 2012 | -- | $104,500 -0.5% |
| 2011 | -- | $105,000 -26.1% |
| 2010 | -- | $142,000 -34.6% |
| 2009 | -- | $217,000 -29.3% |
| 2008 | -- | $307,000 +1946.7% |
| 2007 | -- | $15,000 |
Find assessor info on the county website
Neighborhood: 32541
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Nearby schools
GreatSchools rating
- 9/10Destin Middle SchoolGrades: 5-8Distance: 2 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 11.2 mi
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Destin
- Middle: Destin
- High: Destin
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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- Florida
- Okaloosa County
- Destin
- 32541
- 4203 Indian Bayou Trl Unit 1506