INVESTOR ALERT - STRONG RENTAL HISTORY!
Discover your own piece of paradise with this beautifully updated 2-bedroom, 2-bath villa at The Palms of Destin—just 30 feet from the resort's stunning zero-entry pool. This ground-level, poolside unit is a top-performing rental, consistently generating $40K+ annually in 2024, making it an ideal investment, second home, or full-time residence.
Offered fully furnished and turnkey ready, this villa features stylish décor, no upstairs or downstairs neighbors, and no need for elevators—offering maximum privacy and convenience.
Enjoy luxury resort amenities, including a lagoon-style pool, oversized hot tub, new state-of-the-art fitness center, on-site café and restaurant, tennis courts, playground, splash pads, and more. A complimentary shuttle provides easy access to Henderson Beach State Park and Destin Commons for shopping and dining.
Schedule your private showing today with your favorite Realtor and make this high-performing villa yours!
Sold for $435,000
$435,000
4205 Indian Bayou Trl #10, Destin, FL 32541
2beds
1,390sqft
Condominium
Built in 2007
-- sqft lot
$416,400 Zestimate®
$313/sqft
$3,268 Estimated rent
Home value
$416,400
$375,000 - $462,000
$3,268/mo
Zestimate® history
Owner options
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$3,268/mo
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$3,268/mo
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$2,792/mo
Est. payment
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$2,792/mo
Est. payment
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List your homeWhat's special
Stylish decorTennis courtsLagoon-style poolGround-level poolside unitNew state-of-the-art fitness centerOversized hot tubOn-site cafe and restaurant
Zillow last checked:
Listing updated:
Listed by:
Michael Tomlin 850-499-2432,
Coldwell Banker Realty
Bought with:
Leah J Yuhasz, 3634501
EXP Realty LLC
Source: ECAOR,MLS#: 976305
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 216 Square Feet
- Dimensions: 18 x 12
Bedroom
- Level: First
- Area: 180 Square Feet
- Dimensions: 15 x 12
Kitchen
- Level: First
- Area: 90 Square Feet
- Dimensions: 10 x 9
Living room
- Level: First
- Area: 450 Square Feet
- Dimensions: 30 x 15
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
Features
- Breakfast Bar
- Flooring: Vinyl
- Furnished: Yes
Interior area
- Total structure area: 1,390
- Total interior livable area: 1,390 sqft
Property
Features
- Patio & porch: Porch
Details
- Parcel number: 002S22231200003110
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
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, Picnic Area, Playground, Pool, TV Cable, Tennis Court(s), Whirlpool, Pickleball, Short Term Rental - Allowed
- Subdivision: THE PALMS OF DESTIN
HOA
- Has HOA: Yes
- Services included: Electricity, Maintenance Grounds, Insurance, Land Recreation, Legal, Recreational Faclty, Maintenance Structure, Sewer, Cable TV, Telephone, Trash, Water, Internet
Location
- Region: Destin
Financial & listing details
- Price per square foot: $313/sqft
- Tax assessed value: $450,000
- Annual tax amount: $5,330
- Date on market: 5/14/2025
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2025 | Sold | $435,000-11%$313/sqft |
Source:  ECAOR #976305 Report a problem | ||
| 10/1/2025 | Pending sale | $489,000$352/sqft |
Source: ECAOR #976305 Report a problem | ||
| 5/14/2025 | Listed for sale | $489,000-2.2%$352/sqft |
Source: ECAOR #976305 Report a problem | ||
| 5/14/2025 | Listing removed | $500,000$360/sqft |
Source: ECAOR #967310 Report a problem | ||
| 3/29/2025 | Price change | $500,000-4.8%$360/sqft |
Source: ECAOR #967310 Report a problem | ||
| 2/25/2025 | Price change | $525,000-4.5%$378/sqft |
Source: ECAOR #967310 Report a problem | ||
| 1/29/2025 | Listed for sale | $550,000+14.6%$396/sqft |
Source: ECAOR #967310 Report a problem | ||
| 4/5/2022 | Sold | $480,000+14.3%$345/sqft |
Source: Public Record Report a problem | ||
| 7/6/2021 | Sold | $420,000+62.2%$302/sqft |
Source: Public Record Report a problem | ||
| 11/19/2019 | Sold | $259,000+1.6%$186/sqft |
Source: Public Record Report a problem | ||
| 2/5/2019 | Sold | $255,000-5.4%$183/sqft |
Source: Public Record Report a problem | ||
| 11/26/2018 | Price change | $269,600-1.2%$194/sqft |
Source: The Premier Property Group #809599 Report a problem | ||
| 11/6/2018 | Price change | $273,000-5.5%$196/sqft |
Source: The Premier Property Group #809599 Report a problem | ||
| 10/24/2018 | Listed for sale | $289,000+31.4%$208/sqft |
Source: The Premier Property Group #809599 Report a problem | ||
| 5/20/2013 | Sold | $220,000-12%$158/sqft |
Source: Public Record Report a problem | ||
| 8/26/2012 | Price change | $249,900-7.1%$180/sqft |
Source: Coldwell Banker United, Realtors #504937 Report a problem | ||
| 2/4/2012 | Listed for sale | $269,000+85.5%$194/sqft |
Source: COLDWELL BANKER UNITED REALTORS-FWB #571328 Report a problem | ||
| 1/30/2012 | Sold | $145,000-64.2%$104/sqft |
Source: Public Record Report a problem | ||
| 7/6/2011 | Sold | $405,000$291/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,331 +8.8% | $450,000 +9.8% |
| 2023 | $4,898 +35.9% | $410,000 +37.1% |
| 2022 | $3,603 +45.1% | $299,000 +49.5% |
| 2021 | $2,484 +2.9% | $200,000 +3.6% |
| 2020 | $2,415 +2.9% | $193,000 +4.3% |
| 2019 | $2,347 +6.6% | $185,000 +7.9% |
| 2018 | $2,202 | $171,500 |
| 2017 | $2,202 -1.7% | $171,500 +2.1% |
| 2016 | $2,241 +2.7% | $168,000 -5.1% |
| 2015 | $2,182 -6.9% | $177,000 |
| 2014 | $2,345 | $177,000 +8.6% |
| 2013 | -- | $163,000 -3% |
| 2012 | -- | $168,000 -1.2% |
| 2011 | -- | $170,000 -25.8% |
| 2010 | -- | $229,000 -31.2% |
| 2009 | -- | $333,000 -28.5% |
| 2008 | -- | $466,000 +3006.7% |
| 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: 11.1 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
- 4205 Indian Bayou Trl Unit 10
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