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For sale
  • Price cut: $5.4K (7/11)
    $309,500

    4207 Indian Bayou Trl #2804, Destin, FL 32541

    2beds
    970sqft
    : 
    $1,999/mo
    Get pre-qualified
    Condominium
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $319/sqft
    $-- HOA

    What's special

    Private balconyCurated artworkTennis courtsBalcony furnitureFresh interior paintPartial gulf viewsLandscaped recreation areas
    Searching for a 2-bed condo in Destin FL approved for short-term rental with Gulf views and resort amenities? Residence 2804 at The Palms of Destin offers a fully renovated 8th-floor unit with sunset views over the City of Destin and partial Gulf views. Updated in 2025 and offered at $329,000, this turnkey property also features potential VA-assumable financing at 3.5% for qualified buyers, creating a rare opportunity for investors or second-home owners near Destin beaches. Unit 2804 at The Palms of Destin Resort and Conference Center offers sunset views, modern updates, and strong investment potential in one of Destin's most amenity-rich communities. Located on the 8th floor at 4207 Indian Bayou Trail, this west-facing 2-bedroom, 2-bath condominium features 970 square feet of thoughtfully designed living space with sweeping views across the City of Destin and partial Gulf views in the distance. The interior was fully renovated in 2025 with new flooring, fresh interior paint, updated bedroom furnishings, curated artwork, refreshed kitchenware, balcony furniture, and three smart televisions. The efficient layout supports both vacation stays and short-term rental use while remaining easy to maintain. From the private balcony, owners and guests can enjoy colorful sunset skies over the Destin skyline and a relaxed coastal atmosphere after a day at the beach. Residents and guests enjoy resort-style amenities including a lagoon-style zero-entry pool, expansive sunbathing areas, on-site dining at the Blue Lagoon restaurant, a fitness center, tennis courts, landscaped recreation areas, and a seasonal shuttle service to nearby beaches, restaurants, shopping, and entertainment. Beach access is located directly across the street at June White Decker Public Beach Access on Restaurant Row. Many prefer Henderson Beach State Park, which is also nearby and offers miles of protected shoreline and scenic coastal dunes. Quarterly HOA dues of $3,598.18 include electricity, water, sewer, cable television, internet service, building insurance, security, groundkeeping, management, and recreational facilities. The one-time new buyer fee is $1,199.40 and 2025 property taxes were $2,850.95.
    151 days
    |
    529
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric L Hanson 850-502-3742,

    Coldwell Banker Realty

    Source: ECAOR,MLS#: 996993MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Area: 156 Square Feet
      • Dimensions: 13 x 12
      Primary bathroom
      • Level: First
      • Area: 48 Square Feet
      • Dimensions: 8 x 6
      Other
      • Level: First
      • Area: 56 Square Feet
      • Dimensions: 8 x 7
      Kitchen
      • Level: First
      • Area: 90 Square Feet
      • Dimensions: 10 x 9
      Living room
      • Description: Living/Dining Combo
      • Level: First
      • Area: 322 Square Feet
      • Dimensions: 23 x 14
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Breakfast Bar, Newly Painted
      • Flooring: Laminate, Tile
      • Windows: Double Pane Windows, Tinted Windows, Window Treatments
      • Furnished: Yes
      Interior area
      • Total structure area: 970
      • Total interior livable area: 970 sqft

      Property

      Features
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      Details
      • Parcel number: 002S22231000002804

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block, Concrete
      Condition
      • Construction Complete,Renovated
      • 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, Handicap Provisions, Pavillion/Gazebo, Picnic Area, Playground, Pool, TV Cable, Tennis Court(s), Pickleball, Short Term Rental - Allowed
      • Security: Fire Alarm, Smoke Detector(s)
      • Subdivision: THE PALMS OF DESTIN
      HOA
      • Has HOA: Yes
      • Services included: Electricity, Maintenance Grounds, Insurance, Management, Recreational Faclty, Security, Sewer, Cable TV, Trash, Water, Internet
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $319/sqft
      • Tax assessed value: $269,350
      • Annual tax amount: $2,969
      • Date on market: 3/5/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/11/2026Price change$309,500-1.7%$319/sqft
        Source: ECAOR #996993 Report a problem
        3/28/2026Price change$314,900-4.3%$325/sqft
        Source: ECAOR #996993 Report a problem
        3/5/2026Listed for sale$329,000-14.5%$339/sqft
        Source: ECAOR #996993 Report a problem
        9/29/2025Listing removed$385,000$397/sqft
        Source: ECAOR #974175 Report a problem
        7/15/2025Price change$385,000-3.8%$397/sqft
        Source: ECAOR #974175 Report a problem
        6/11/2025Price change$400,000-5.9%$412/sqft
        Source: ECAOR #974175 Report a problem
        4/17/2025Listed for sale$425,000+14.9%$438/sqft
        Source: ECAOR #974175 Report a problem
        10/30/2024Listing removed$370,000$381/sqft
        Source: ECAOR #949527 Report a problem
        9/28/2024Price change$370,000-12%$381/sqft
        Source: ECAOR #949527 Report a problem
        7/21/2024Price change$420,500-3.2%$434/sqft
        Source: ECAOR #949527 Report a problem
        6/12/2024Price change$434,500-2.9%$448/sqft
        Source: ECAOR #949527 Report a problem
        5/10/2024Listed for sale$447,500+141.9%$461/sqft
        Source: ECAOR #949527 Report a problem
        6/7/2019Sold$185,000$191/sqft
        Source: Public Record Report a problem
        4/19/2019Price change$185,000-2.1%$191/sqft
        Source: ResortQuest Real Estate Seagrove Beach #813192 Report a problem
        3/21/2019Price change$189,000-5%$195/sqft
        Source: ResortQuest Real Estate Seagrove Beach #813192 Report a problem
        1/8/2019Listed for sale$199,000+28.4%$205/sqft
        Source: ResortQuest Real Estate Seagrove Beach #813192 Report a problem
        7/7/2017Sold$155,000$160/sqft
        Source: ECAOR #772731 Report a problem
        4/4/2017Listed for sale$155,000$160/sqft
        Source: ResortQuest Real Estate #772731 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,970 -7.5%$235,281 +10%
        2024$3,212 +3%$213,892 -37.1%
        2023$3,120 +16.7%$340,000 +24.1%
        2022$2,673 +33.9%$274,000 +70.5%
        2021$1,996 +8.5%$160,700 +9.3%
        2020$1,839 +7.6%$147,000 +7.3%
        2019$1,709 +10.4%$137,000 +13.7%
        2018$1,547 $120,500 +6.2%
        2017$1,547 +4.3%$113,500 +3.7%
        2016$1,483 +4.3%$109,500 -4.4%
        2015$1,422 -6.2%$114,500
        2014$1,517 $114,500 +5%
        2013-- $109,000
        2012-- $109,000 -0.5%
        2011-- $109,500 -26%
        2010-- $148,000 -33.6%
        2009-- $223,000 -28.8%
        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

        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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