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For sale
  • $539,000

    4207 Indian Bayou Trl #21201, Destin, FL 32541

    2beds
    1,175sqft
    : 
    $3,489/mo
    Get pre-qualified
    Condominium
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $459/sqft
    $-- HOA

    What's special

    Hot tubFully remodeled kitchenPolished granite countertopsSpectacular gulf viewsCoastal-inspired furnishingsBeach inspired accentsStunning lagoon-style pool
    WOW PENTHOUSE & GULF VIEWS! This 'Guest favorite' is ranked 5 stars, and is ready to welcome you and your guests. Located at the penthouse 12th level this renovated exquisite 2-bedroom, 2-bathroom condo redefines luxury living with its breathtaking beachside charm and Spectacular Gulf Views! As you enter, you'll be greeted by crisp coastal white walls, complemented by beach inspired accents that evoke a sense of calm and spaciousness. The open-concept design seamlessly connects each area, allowing sunlight to illuminate the space and highlight the condo's stunning penthouse views of the Gulf and the Resorts 5 Star Lagoon Pool, and tropical filled grounds. An Incredible Investment Opportunity: with an amazing ROI Impressive rental history $$67,311 for 2024 and $59,540 so far in 2025, Boasting a strong rental history and future bookings already in place, this condo is not just a beautiful home but a lucrative investment. Perfect for investors, this property is ready to start generating income immediately. A Kitchen Built for Culinary Masterpieces: This fully remodeled kitchen is a chef's paradise, featuring stylish maple cabinetry, polished granite countertops, a brand-new refrigerator Dishwasher & Microwave & garbage disposal. Whether you're crafting a gourmet feast or a quick snack, this kitchen is both highly functional and aesthetically pleasing, complete with all the kitchenware and appliances needed to prepare delicious family meals. Relax and Entertain in Style: Beyond the kitchen, there are barstools for 3 at the kitchen bar; and the dining area is enhanced with a coastal wood table and chairs, creating a cozy setting perfect for intimate dinners or larger social gatherings. Moving from the open concept dining area to the living room, you will find an Extra-large wall mount flat screen tv and a room adorned with coastal-inspired furnishings and boasting spectacular gulf views. It is your perfect relaxation haven. Open the sliding glass doors to the expansive balcony to savor your morning coffee while taking in the sweeping horizon or unwind with an evening drink as the sky paints a colorful end to another day in paradise. A Luxurious Master Retreat: The primary bedroom serves as a tranquil escape, featuring a king-sized bed and blackout curtains to ensure a peaceful night's sleep. A small dedicated workspace is etched out to catch up with folks back home or just catch up on emails. The en suite bathroom, equipped with a spacious garden soaking tub, shower combo and linen closet. A Comfortable Guest Oasis: The second bedroom is ideal for guests offering another King Bed, with access to a secondary private balcony that overlooks the tennis courts, City Park and playground. with Bay views. The second Guest bathroom has been updated with Carrea marble and stone, creating a sense of luxury, with a newly tiled walk-in shower. Move-In Ready Convenience: This condo has been expertly renovated and comes fully furnished, including all décor, kitchen accessories, appliances, and a full-sized stacked washer and dryer at the entrance. Every detail has been carefully considered, so all you need to bring is your suitcase! The new owner will benefit from a New HVAC, still under warranty, and a new water heater, providing peace of mind and added value. Resort-Style Amenities Await You: As a resident of The Palms of Destin Resort, you'll have exclusive access to a host of amenities, including a stunning lagoon-style pool, hot tub, secondary heated pool, and a poolside bar offering room service. Additional amenities include a splash pad, a modern fitness center, outdoor pickleball, tennis, and basketball courts. Playground and charcoal grilling area. Enjoy relaxation at the IV hydration bar or use the resort shuttle to explore nearby Henderson Beach and shopping destinations. With the on-site Palms Coffee House and the vibrant Good Vibes Bar, & Bistro there's truly something for everyone to enjoy. Call to schedule your video walk through or your private tour of this Amazing Penthouse level condo today!
    701 days
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    98
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    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    Angela M Lemke 850-377-1174,

    Bastion Realty LLC

    Source: ECAOR,MLS#: 958253MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Description: Access to Balcony
      • Level: First
      • Area: 210 Square Feet
      • Dimensions: 15 x 14
      Bedroom
      • Description: Second Balcony
      • Level: First
      • Area: 255 Square Feet
      • Dimensions: 17 x 15
      Kitchen
      • Description: Gourmet Kitchen
      • Level: First
      • Area: 90 Square Feet
      • Dimensions: 10 x 9
      Living room
      • Description: Open Living concept
      • Level: First
      • Area: 252 Square Feet
      • Dimensions: 21 x 12
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator
      • Laundry: Washer/Dryer Hookup
      Features
      • Newly Painted, Owner's Closet, Pantry, Elevator
      • Flooring: Tile, Vinyl
      • Doors: Storm Door(s)
      • Windows: Storm Window(s), Window Treatments
      • 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: Outdoor Grill, Balcony, Sprinkler System, Tennis Court(s)
      • Pool features: Heated, In Ground
      • Has spa: Yes
      • Spa features: Heated
      • Has view: Yes
      • View description: Bay, Gulf, Gulf/Pass
      • Has water view: Yes
      • Water view: Bay,Gulf,Gulf/Pass
      Details
      • Additional structures: Pavillion/Gazebo
      • Parcel number: 002S22231000021201

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block, 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, Dumpster, Elevators, Fitness Center, Game Room, Gated, Pavillion/Gazebo, Picnic Area, Playground, Pool, TV Cable, Tennis Court(s), Whirlpool, Pickleball, Short Term Rental - Allowed
      • Security: Security System, Smoke Detector(s)
      • Subdivision: THE PALMS OF DESTIN
      HOA
      • Has HOA: Yes
      • Services included: Electricity, Maintenance Grounds, Land Recreation, Utilities, Recreational Faclty, Security, Sewer, Cable TV, Trash, Water, Internet
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $459/sqft
      • Tax assessed value: $391,250
      • Annual tax amount: $4,407
      • Date on market: 9/2/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        1/15/2025Price change$539,000-1.9%$459/sqft
        Source: ECAOR #958253 Report a problem
        9/16/2024Price change$549,500-1.8%$468/sqft
        Source: ECAOR #958253 Report a problem
        9/9/2024Price change$559,500-5.1%$476/sqft
        Source: ECAOR #958253 Report a problem
        9/1/2024Listed for sale$589,500+35.5%$502/sqft
        Source: ECAOR #958253 Report a problem
        7/3/2024Listing removed$435,000+3.6%$370/sqft
        Source: ECAOR #871383 Report a problem
        7/3/2023Listing removed--
        Source: ECAOR #871383 Report a problem
        7/7/2021Sold$420,000-3.4%$357/sqft
        Source: Public Record Report a problem
        5/10/2021Pending sale$435,000+211.8%$370/sqft
        Source: ECAOR #871383 Report a problem
        6/29/2012Sold$139,500+53.3%$119/sqft
        Source: Public Record Report a problem
        1/17/2012Sold$91,000$77/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,634 +1.2%$391,250 +7.8%
        2024$4,580 +3.9%$363,000 -12.5%
        2023$4,408 +21.9%$415,000 +38.3%
        2022$3,615 +45.4%$300,000 +49.9%
        2021$2,486 +7.4%$200,200 +8.2%
        2020$2,315 +1.4%$185,000 +2.8%
        2019$2,283 +1.6%$180,000 +2.9%
        2018$2,247 $175,000 +0.6%
        2017$2,247 -1.2%$174,000 +3.6%
        2016$2,274 +4.2%$168,000 -4%
        2015$2,182 -5.9%$175,000
        2014$2,318 $175,000 +5.4%
        2013-- $166,000 +5.7%
        2012-- $157,000 -1.3%
        2011-- $159,000 -25%
        2010-- $212,000 -23.7%
        2009-- $278,000 -27%
        2008-- $381,000 +2440%
        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

        49 / 100
        Car-Dependent
        57 / 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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