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For sale
    • $405,000

    4203 Indian Bayou Trl #1509, Destin, FL 32541

    2beds
    970sqft
    : 
    $2,617/mo
    Get pre-qualified
    Condominium
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $418/sqft
    $-- HOA

    What's special

    Don't Miss this Guest Favorite, it is a little Gem, located on the 5th Floor, offering a Unique Lagoon Pool and tropical resort balcony vibe. Enjoy Five-Star Amenities at The Palms of Destin Resort! With an impressive rental history, $49,269 in booking in 2025. And already looking to exceed that at $39,167 as of June 2026. This beautifully upgraded 2-bedroom, 2-bathroom Jr Suite condo is perfectly situated in the heart of Destin. A quick walk to the beach for sunsets. Combining charming beach decor with tons of upgrades. This home has been well loved and cared for. Step inside to find a fresh white palate with coastal accents, new furnishings and thoughtful decor. As you flow through the condo you will find it has all the comforts of home with a fully stocked kitchen, with upgraded kitchen and granite counter top. Unit 1509 comes fully Furnished, with all that you and your guests will come to love and adore to make the most of your beach retreat. Stepping out from the living room sliding glass doors, you will enjoy your own private balcony to sit back and take it all in. The unique view will capture your attention, with the lively pool deck, overlooking the Resort's Lagoon pool and tropical landscapes. Entering back inside: from two locations, you can access the Primary Bedroom with on suite bathroom and garden tub, black out curtains to sleep in and experience your vacation escape. The Jr bunk room has custom twin over full bed, It's own bathroom with walk in shower.
    41 days
    |
    161
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Angela M Lemke 850-377-1174,

    Bastion Realty LLC

    Source: ECAOR,MLS#: 1005689MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bathroom
      • Description: Balcony access/Ensuite Bath
      • Level: First
      • Area: 156 Square Feet
      • Dimensions: 13 x 12
      Other
      • Description: Jr Bunk with own Bathroom
      • Level: First
      • Area: 63 Square Feet
      • Dimensions: 9 x 7
      Kitchen
      • Description: Open to Dining /Living Open concept
      • Level: First
      • Area: 90 Square Feet
      • Dimensions: 10 x 9
      Living room
      • Description: Open concept living room
      • Level: First
      • Area: 308 Square Feet
      • Dimensions: 22 x 14
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
      • Laundry: Washer/Dryer Hookup
      Features
      • Breakfast Bar, Owner's Closet, Elevator
      • Flooring: Vinyl
      • Doors: Storm Door(s)
      • Windows: Storm Window(s)
      • Furnished: Yes
      Interior area
      • Total structure area: 970
      • Total interior livable area: 970 sqft

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Exterior features: Outdoor Grill, Balcony, Tennis Court(s)
      • Pool features: Heated, In Ground
      • Has spa: Yes
      • Spa features: Heated
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      Details
      • Additional structures: Pavillion/Gazebo
      • Parcel number: 002S22231100001509

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block, Concrete
      • Roof: Flat
      Condition
      • Construction Complete,Renovated
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Elevators, Fitness Center, Game Room, Pavillion/Gazebo, Picnic Area, Playground, Pool, TV Cable, Tennis Court(s), Whirlpool, Pickleball, Short Term Rental - Allowed
      • Security: Fire Alarm, Smoke Detector(s)
      • Subdivision: THE PALMS OF DESTIN
      HOA
      • Has HOA: Yes
      • Services included: Electricity, Utilities, Recreational Faclty, Sewer, Cable TV, Trash, Water, Internet
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $418/sqft
      • Tax assessed value: $294,209
      • Annual tax amount: $3,484
      • Date on market: 6/18/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/18/2026Listed for sale$405,000+20.9%$418/sqft
        Source: ECAOR #1005689 Report a problem
        8/13/2024Sold$335,000-17.9%$345/sqft
        Source: eXp Realty #137578200 Report a problem
        7/26/2024Pending sale$408,000$421/sqft
        Source: ECAOR #925279 Report a problem
        6/4/2024Price change$408,000-2.5%$421/sqft
        Source: ECAOR #925279 Report a problem
        5/11/2024Price change$418,500-7%$431/sqft
        Source: ECAOR #925279 Report a problem
        9/15/2023Price change$450,000-3.2%$464/sqft
        Source: ECAOR #925279 Report a problem
        6/10/2023Listed for sale$465,000+116.3%$479/sqft
        Source: ECAOR #925279 Report a problem
        8/11/2020Sold$215,000+27.2%$222/sqft
        Source: ECAOR #830821 Report a problem
        8/1/2015Listing removed$169,000$174/sqft
        Source: Resortquest Real Estate Of Florida Llc #719168 Report a problem
        12/10/2014Listed for sale$169,000+20.7%$174/sqft
        Source: Resortquest Real Estate Of Florida Llc #719168 Report a problem
        4/1/2013Sold$140,000-13.5%$144/sqft
        Source: ECAOR #590985 Report a problem
        2/12/2013Listed for sale$161,900-4.8%$167/sqft
        Source: Resortquest Real Estate Of Florida Llc #590985 Report a problem
        9/9/2009Sold$170,000$175/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,484 +3.9%$294,209 +28.3%
        2024$3,355 +5.2%$229,331 -31.7%
        2023$3,189 +14.1%$336,000 +19.6%
        2022$2,794 +30.6%$281,000 +63.1%
        2021$2,140 +15.8%$172,300 +12.6%
        2020$1,848 +7.7%$153,000 +8.5%
        2019$1,716 +13.3%$141,000 +19.5%
        2018$1,515 $118,000 +3.5%
        2017$1,515 +1.7%$114,000 +3.6%
        2016$1,490 +4.3%$110,000 -4.3%
        2015$1,429 -6.2%$115,000
        2014$1,523 $115,000 +8%
        2013-- $106,500
        2012-- $106,500 -1.4%
        2011-- $108,000 -25.5%
        2010-- $145,000 -34.4%
        2009-- $221,000 -28%
        2008-- $307,000 +1946.7%
        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: 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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