Don't Miss This Incredible Investment Opportunity at The Palms of Destin!
Own a full 2-bedroom unit on the 6th floor with stunning views of the palm-lined pools and the Gulf! This spacious 1,175 sq. ft. condo is one of the largest 2-bedroom floor plans in the tower and features two private balconies—perfect for relaxing or entertaining.
Buy today and start earning income from day one!
Sold for $295,000
$295,000
4203 Indian Bayou Trl #1601, Destin, FL 32541
2beds
1,175sqft
Condominium
Built in 2007
-- sqft lot
$295,300 Zestimate®
$251/sqft
$3,109 Estimated rent
Home value
$295,300
$269,000 - $325,000
$3,109/mo
Zestimate® history
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$1,881/mo
Est. payment
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$1,881/mo
Est. payment
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List your homeWhat's special
Two private balconies
Zillow last checked:
Listing updated:
Listed by:
Brandon L Knox 850-855-6030,
Destin Real Estate Group of NWF LLC
Bought with:
Danny Margagliano, 3238254
World Impact Real Estate
Source: ECAOR,MLS#: 981069
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 224 Square Feet
- Dimensions: 16 x 14
Bedroom
- Level: First
- Area: 176 Square Feet
- Dimensions: 16 x 11
Dining area
- Level: First
- Area: 391 Square Feet
- Dimensions: 23 x 17
Kitchen
- Level: First
- Area: 153 Square Feet
- Dimensions: 17 x 9
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
Features
- Breakfast Bar
- Furnished: Yes
Interior area
- Total structure area: 1,175
- Total interior livable area: 1,175 sqft
Property
Parking
- Parking features: Garage
- 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: 002S22231100001601
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Construction Complete
- New construction: No
- Year built: 2007
Community & HOA
Community
- Features: Community Room, Elevators, Fitness Center, Game Room, Pavillion/Gazebo, Playground, Pool, TV Cable, Short Term Rental - Allowed
- Security: Smoke Detector(s)
- Subdivision: THE PALMS OF DESTIN
HOA
- Has HOA: Yes
- Services included: Insurance, Sewer, Cable TV, Trash, Water
Location
- Region: Destin
Financial & listing details
- Price per square foot: $251/sqft
- Tax assessed value: $381,527
- Annual tax amount: $4,519
- Date on market: 12/14/2025
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Sold | $295,000-6.3%$251/sqft |
Source:  ECAOR #981069 Report a problem | ||
| 4/4/2026 | Pending sale | $315,000$268/sqft |
Source: ECAOR #981069 Report a problem | ||
| 2/9/2026 | Price change | $315,000-1.5%$268/sqft |
Source: ECAOR #981069 Report a problem | ||
| 1/5/2026 | Price change | $319,900-1.6%$272/sqft |
Source: ECAOR #981069 Report a problem | ||
| 12/14/2025 | Price change | $325,000-3%$277/sqft |
Source: ECAOR #981069 Report a problem | ||
| 12/1/2025 | Price change | $335,000-4%$285/sqft |
Source: ECAOR #981069 Report a problem | ||
| 11/22/2025 | Price change | $349,000-3.1%$297/sqft |
Source: ECAOR #981069 Report a problem | ||
| 11/2/2025 | Price change | $360,000-8.9%$306/sqft |
Source: ECAOR #981069 Report a problem | ||
| 8/21/2025 | Price change | $395,000-1%$336/sqft |
Source: ECAOR #981069 Report a problem | ||
| 8/4/2025 | Pending sale | $399,000$340/sqft |
Source: ECAOR #981069 Report a problem | ||
| 7/16/2025 | Listed for sale | $399,000+75%$340/sqft |
Source: ECAOR #981069 Report a problem | ||
| 6/14/2019 | Sold | $228,000$194/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,519 -5.4% | $381,527 -5.3% |
| 2024 | $4,774 -0.8% | $403,000 |
| 2023 | $4,814 +180.4% | $403,000 +116.8% |
| 2022 | $1,717 +0.6% | $185,907 +3% |
| 2021 | $1,707 +1% | $180,492 +1.4% |
| 2020 | $1,690 -20.7% | $178,000 +6% |
| 2019 | $2,131 +1.8% | $168,000 +3.1% |
| 2018 | $2,093 | $163,000 +0.6% |
| 2017 | $2,093 -1.1% | $162,000 +3.8% |
| 2016 | $2,117 +4.5% | $156,000 -4.3% |
| 2015 | $2,026 -6.2% | $163,000 |
| 2014 | $2,159 | $163,000 +5.8% |
| 2013 | -- | $154,000 +6.2% |
| 2012 | -- | $145,000 -1.4% |
| 2011 | -- | $147,000 -26.5% |
| 2010 | -- | $200,000 -24.2% |
| 2009 | -- | $264,000 -28.1% |
| 2008 | -- | $367,000 +2346.7% |
| 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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$295,300
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$301,206
- Florida
- Okaloosa County
- Destin
- 32541
- 4203 Indian Bayou Trl Unit 1601
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