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Sold for $475,000
  • $475,000

    4203 Indian Bayou Trl #1517, Destin, FL 32541

    3beds
    1,445sqft
    Condominium
    Built in 2007
    -- sqft lot
    $472,900 Zestimate®
    $329/sqft
    $3,532 Estimated rent

    Home value

    $472,900

    $426,000 - $525,000

    $3,532/mo

    Zestimate® history
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    What's special

    Modern updatesBasketball courtHot tubLagoon pool deckLighted tennis courtsHeated poolEn-suite bathroom
    This is a great opportunity to get a 3-bedroom for less than a 2-bedroom—a deal that doesn't come around often! Don't miss this chance. Best Priced three-bedroom, two bathroom at The Palms of Destin Resort! This stunning 5th-floor East End Unit offers panoramic Gulf views from nearly every room. This expansive three-bedroom, two-bathroom condo spans 1,445 square feet, providing an open and airy layout perfect for a vacation rental, second home, or primary residence. With modern updates and resort-style amenities, this condo is an incredible opportunity to experience the best of Destin's coastal living. One of the standout features of this unit is that all three bedrooms face the Gulf, offering floor-to-ceiling windows, breathtaking Gulf views, and private balcony access. The open-concept living and dining area is designed for both comfort and entertaining, featuring new TVs, a king-sized bed, loft beds, all new curtains, a washer and dryer, and a brand-new water heater. Floor-to-ceiling sliding glass doors lead to the expansive 335-square-foot terrace, which is accessible from both the living/dining area and all three bedrooms, making it the perfect place to relax while taking in the breathtaking coastal scenery. The master suite boasts a king bed, Smart TV, stunning Gulf views, private terrace access, and an en-suite bathroom with a shower/tub combo. The first guest bedroom also features a king bed, Smart TV, and private terrace access, providing a peaceful retreat. The second guest bedroom is ideal for additional guests or children, featuring a full-over-full bunk bed with a twin trundle and a Smart TV. The two guest bedrooms share a full bathroom with a shower/tub combo. Residents and guests enjoy an exceptional lineup of resort-style amenities, designed to elevate the vacation experience. The Palms of Destin Resort offers a brand-new gym, a newly added grilling area, and a spectacular 11,000-square-foot lagoon pool deck. In addition to the lagoon pool, there is a second heated pool, a hot tub, a children's wading pool, a splash pad, and a playground. For sports enthusiasts, the resort features lighted tennis courts, pickleball courts, and a basketball court. Beyond the incredible amenities, The Palms of Destin Resort offers several on-site dining and entertainment options, making it easy to enjoy everything you need without leaving the property. Guests can unwind at the Sports Lounge, featuring pool tables and darts, or enjoy drinks and live entertainment at the Poolside Tiki Bar. Start your morning at Palms Coffee House, serving breakfast, lunch, and specialty drinks, or grab a delicious meal at the Good Vibes Tiki Bar and Sports Lounge, which both offer lunch and dinner options. Secure this high-end income-producing property just in time for the Summer season, and start generating revenue immediately with an established book of business. This is the perfect chance to invest in a turnkey vacation rental in one of Destin's most sought-after resorts! With complimentary beach shuttle service, you can reach the beach in minutes while being centrally located near top restaurants, shopping, and water sports in the heart of Destin, Florida. Don't miss this opportunityschedule your showing today! Buyer to verify all dimensions.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christina M Schlink 850-368-1474,

    Compass

    Bought with:

    Elbardo C Trevino, 3566719

    Realty ONE Group Emerald Coast

    Source: ECAOR,MLS#: 969926MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Basement
    • Area: 192 Square Feet
    • Dimensions: 16 x 12
    Bedroom
    • Level: First
    • Area: 168 Square Feet
    • Dimensions: 14 x 12
    Bedroom
    • Level: First
    • Area: 132 Square Feet
    • Dimensions: 12 x 11
    Primary bathroom
    • Level: First
    • Area: 90 Square Feet
    • Dimensions: 10 x 9
    Bathroom
    • Level: First
    • Area: 90 Square Feet
    • Dimensions: 10 x 9
    Living room
    • Level: First
    • Area: 308 Square Feet
    • Dimensions: 22 x 14
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator, Electric Water Heater
    Features
    • Breakfast Bar
    • Furnished: Yes
    Interior area
    • Total structure area: 1,445
    • Total interior livable area: 1,445 sqft

    Property

    Parking
    • Parking features: Other, Garage, Covered
    • Has garage: Yes
    Features
    • Exterior features: Balcony, Tennis Court(s)
    • Pool features: In Ground
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    Details
    • Parcel number: 002S22231100001517
    • Special conditions: Accept Backup Offers

    Construction

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

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: BBQ Pit/Grill, Elevators, Fitness Center, Playground, Pool, TV Cable, Tennis Court(s), Pickleball, Short Term Rental - Allowed
    • Subdivision: THE PALMS OF DESTIN
    HOA
    • Has HOA: Yes
    • Services included: Electricity, Maintenance Grounds, Recreational Faclty, Security, Sewer, Cable TV, Trash, Water, Internet
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $329/sqft
    • Tax assessed value: $513,415
    • Annual tax amount: $6,129
    • Date on market: 3/2/2025

    Price history

    DateEventPrice
    5/5/2025Sold$475,000-4.8%$329/sqft
    Source: ECAOR #969926 Report a problem
    4/14/2025Pending sale$499,000$345/sqft
    Source: ECAOR #969926 Report a problem
    3/16/2025Price change$499,000-6.7%$345/sqft
    Source: ECAOR #969926 Report a problem
    3/2/2025Listed for sale$535,000-6.9%$370/sqft
    Source: ECAOR #969926 Report a problem
    2/12/2025Listing removed$574,900$398/sqft
    Source: ECAOR #965704 Report a problem
    1/28/2025Price change$574,900-7.2%$398/sqft
    Source: ECAOR #965704 Report a problem
    1/6/2025Listed for sale$619,500-11.5%$429/sqft
    Source: ECAOR #965704 Report a problem
    10/19/2024Listing removed$699,999$484/sqft
    Source: ECAOR #950766 Report a problem
    9/23/2024Price change$699,999-0.7%$484/sqft
    Source: ECAOR #950766 Report a problem
    8/18/2024Price change$704,999-4.1%$488/sqft
    Source: ECAOR #950766 Report a problem
    7/20/2024Price change$735,000-1.3%$509/sqft
    Source: ECAOR #950766 Report a problem
    5/29/2024Listed for sale$745,000+18.3%$516/sqft
    Source: ECAOR #950766 Report a problem
    10/3/2022Sold$630,000-2.3%$436/sqft
    Source: Public Record Report a problem
    8/24/2022Pending sale$645,000$446/sqft
    Source: ECAOR #902677 Report a problem
    8/13/2022Price change$645,000-3.7%$446/sqft
    Source: ECAOR #902677 Report a problem
    7/1/2022Listed for sale$670,000+179.2%$464/sqft
    Source: ECAOR #902677 Report a problem
    10/4/2012Sold$240,000-33.3%$166/sqft
    Source: Public Record Report a problem
    11/19/2011Listing removed$360,000$249/sqft
    Source: COASTAL GATHERINGS LLC #536940 Report a problem
    4/27/2011Listed for sale$360,000$249/sqft
    Source: COASTAL GATHERINGS LLC #536940 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,081 -4.8%$513,415 -4.7%
    2024$6,385 -0.8%$539,000
    2023$6,439 +66.9%$539,000 +59%
    2022$3,858 +12.4%$339,000 +22.7%
    2021$3,431 +5.1%$276,300 +5.9%
    2020$3,266 +1%$261,000
    2019$3,235 +10.1%$261,000 +13%
    2018$2,938 $231,000 +12.1%
    2017$2,938 +9.1%$206,000 +3.8%
    2016$2,692 +28.1%$198,500 -4.8%
    2015$2,102 -7.9%$208,500
    2014$2,282 $208,500 +6.9%
    2013-- $195,000 +10.8%
    2012-- $176,000 -1.1%
    2011-- $178,000 -26.4%
    2010-- $242,000 -24.8%
    2009-- $322,000 -28.9%
    2008-- $453,000 +2920%
    2007-- $15,000
    Find assessor info on the county website

    Neighborhood: 32541

    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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