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Pending
  • $319,990

    4203 Indian Bayou Trl #1809, Destin, FL 32541

    2beds
    970sqft
    : 
    $2,045/mo
    Get pre-qualified
    Condominium
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $330/sqft
    $-- HOA

    What's special

    Lagoon poolPrivate balconyHot tubHeated poolStunning viewsUpdated light fixturesFull gym
    Experience elevated coastal living from this 8th-floor, 2-bedroom, 2-bath condo offering one of the most sought-after views in the building. Positioned above the community, this unit overlooks the resort-style 11,000 sq ft zero-entry lagoon pool with a clear, unobstructed perspective that lower-floor units simply cannot match. The elevated vantage point also captures beautiful Emerald Coast sunsets, creating a standout backdrop both day and night. Inside, the condo has been fully refreshed and is completely move-in or rental ready. Updates include modern cabinetry, upgraded lighting, and a bright, neutral interior that feels open, clean, and easy to maintain. A brand-new $8,000 HVAC system adds valuable peace of mind, ensuring efficient and reliable comfort year-round for both owners and guests. The private balcony extends the living space outdoors, offering a front-row seat to the pool area and resort grounds below. It's a natural extension of the unit and one of the key features that enhances both personal enjoyment and rental appeal. This is a true resort-style community with amenities designed for flexibility and convenience, including a lagoon-style pool, heated pool, hot tub, fitness center, pickleball and basketball courts, and on-site dining options such as a café, bistro, and restaurant. A seasonal shuttle also provides easy access to the sugar-white beaches of the Emerald Coast, making beach days simple and stress-free. From an investment standpoint, this property has already generated over $45,000 in gross rental income, demonstrating strong performance and consistent demand. Whether used as a personal getaway, full-time second home, or income-producing rental, the property offers versatility in one of the most desirable coastal markets. With its high-floor positioning, proven rental history, and updated interior, this unit stands out as a strong option in the community for both lifestyle buyers and investors alike.
    155 days
    |
    30
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Mackrael 850-687-9888,

    Coldwell Banker Realty

    Source: ECAOR,MLS#: 995179MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Description: Buyer to verify
      • Level: First
      • Area: 156 Square Feet
      • Dimensions: 13 x 12
      Bedroom
      • Description: Buyer to verify
      • Level: First
      • Area: 56 Square Feet
      • Dimensions: 8 x 7
      Kitchen
      • Description: Buyer to verify
      • Level: First
      • Area: 90 Square Feet
      • Dimensions: 10 x 9
      Living room
      • Description: Buyer to verify
      • Level: First
      • Area: 308 Square Feet
      • Dimensions: 22 x 14
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Refrigerator
      • Laundry: Common Area, Washer/Dryer Hookup
      Features
      • Breakfast Bar, Newly Painted
      • Flooring: Laminate
      • Windows: Storm Window(s), Window Treatments
      • Furnished: Yes
      Interior area
      • Total structure area: 970
      • Total interior livable area: 970 sqft

      Property

      Parking
      • Parking features: Detached
      • Has garage: Yes
      • Has carport: Yes
      Features
      • Exterior features: Outdoor Grill, Tennis Court(s)
      • Pool features: In Ground
      • Has spa: Yes
      • Spa features: Heated
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      Details
      • Parcel number: 002S22231100001809

      Construction

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

      Utilities & green energy

      • Water: Public

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $330/sqft
      • Tax assessed value: $300,209
      • Annual tax amount: $3,555
      • Date on market: 3/2/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/1/2026Pending sale$319,990$330/sqft
        Source: ECAOR #995179 Report a problem
        4/29/2026Price change$319,990-1.5%$330/sqft
        Source: ECAOR #995179 Report a problem
        3/13/2026Price change$325,000-4.4%$335/sqft
        Source: ECAOR #995179 Report a problem
        3/2/2026Listed for sale$340,000-7.9%$351/sqft
        Source: ECAOR #995179 Report a problem
        11/18/2025Listing removed$369,000$380/sqft
        Source: ECAOR #985803 Report a problem
        9/22/2025Listed for sale$369,000-7.5%$380/sqft
        Source: ECAOR #985803 Report a problem
        9/10/2025Listing removed$399,000$411/sqft
        Source: ECAOR #973403 Report a problem
        6/10/2025Price change$399,000-6.1%$411/sqft
        Source: ECAOR #973403 Report a problem
        5/12/2025Price change$425,000-3.4%$438/sqft
        Source: ECAOR #973403 Report a problem
        4/9/2025Listed for sale$440,000-1.1%$454/sqft
        Source: ECAOR #973403 Report a problem
        2/3/2025Listing removed$445,000$459/sqft
        Source: ECAOR #945502 Report a problem
        1/6/2025Listed for sale$445,000-6.7%$459/sqft
        Source: ECAOR #945502 Report a problem
        12/7/2024Listing removed$477,000$492/sqft
        Source: ECAOR #945502 Report a problem
        12/7/2024Price change$477,000-0.6%$492/sqft
        Source: ECAOR #945502 Report a problem
        10/6/2024Price change$480,000-3%$495/sqft
        Source: ECAOR #945502 Report a problem
        9/12/2024Price change$495,000-0.6%$510/sqft
        Source: ECAOR #945502 Report a problem
        5/11/2024Price change$498,000-0.2%$513/sqft
        Source: ECAOR #945502 Report a problem
        3/23/2024Listed for sale$499,000+28.9%$514/sqft
        Source: ECAOR #945502 Report a problem
        1/31/2022Sold$387,000-0.3%$399/sqft
        Source: Public Record Report a problem
        12/6/2021Pending sale$388,000$400/sqft
        Source: ECAOR #881209 Report a problem
        10/28/2021Listed for sale$388,000$400/sqft
        Source: ECAOR #881209 Report a problem
        9/30/2021Pending sale$388,000$400/sqft
        Source: ECAOR #881209 Report a problem
        9/7/2021Listed for sale$388,000+136.6%$400/sqft
        Source: ECAOR #881209 Report a problem
        3/19/2018Sold$164,000-6.3%$169/sqft
        Source: ECAOR #771821 Report a problem
        9/11/2017Listed for sale$175,000$180/sqft
        Source: La Florida Coastal Properties #771821 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,556 -15.2%$300,209 -15.2%
        2024$4,194 +2.6%$354,000 +3.5%
        2023$4,086 +185.8%$342,000 +117.7%
        2022$1,430 +0.6%$157,061 +3%
        2021$1,421 +1%$152,486 +1.4%
        2020$1,407 +1.5%$150,381 +2.3%
        2019$1,386 -13%$147,000 +18.5%
        2018$1,592 $124,000 +3.3%
        2017$1,592 +1.5%$120,000 +3.4%
        2016$1,568 +4.1%$116,000 -4.1%
        2015$1,507 -6%$121,000
        2014$1,603 $121,000 +9%
        2013-- $111,000
        2012-- $111,000 -1.3%
        2011-- $112,500 -25.5%
        2010-- $151,000 -33.5%
        2009-- $227,000 -27.5%
        2008-- $313,000 +1986.7%
        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.
        See how much you could borrow to make a competitive offer.

        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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