tomo logo

$428,900

Beds
2
Baths
2.0
sq ft
970

4203 Indian Bayou Trl Unit 11107, Destin, FL 32541

4203 Indian Bayou Trl Unit 11107

Destin, FL 32541

  • 161 days on market
    • Price drop $70,100↓
Just reduced $70,000 Aug 9, 2024! Seller will pay $5,000 of buyer's closing and buyer's $4,160. new buyer fee! Immaculate, newly renovated, furnished, Gulf view two bedroom, two bath unit on the 11th floor of The Palms of Destin Resort in the heart of all Destin and the emerald coast has to offer! This remarkable unit provides views of the beautiful Gulf, as well as the expansive Palms multi-pool area, complete with three pools, including huge lagoon pool, heated pool, large hot tub, splash pad, in-door and out-door restaurants, pickleball courts, on-site bar, coffee shop, fitness center and covered parking. Currently used as short-term income producing rental, and at Palms your monthly HOA includes utilities! Priced well below value for 11th floor interior view unit at only $428,900!

Details

Property type

Condominium

Est. home value

$399,418

Lot size

Unknown

Price per sq ft

$443

Year built

2007

Monthly HOA fee

$1,040.33

Price History

08/09/2024
EmeraldCoast

EmeraldCoast #952134

Price change
$428,900
-14.05%
06/11/2024
EmeraldCoast

EmeraldCoast #952134

Listed
$499,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

Gated, Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$257,709
Asking price
$428,900
Closing costs (~8% of asking)
-$34,312
Est. remaining loan balance
-$136,879
Cash to seller
$257,709

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Polish & Slavic Fcu

Loan start date

December 2020

Original loan amount

$173,600

Est. remaining balance

$136,879

Interest rate

2.33%

Loan type

New Conventional, 16 year

Seller

Bartlomiej Tylka

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/19/2024 at 7:45 AM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: William F Estell, Century 21 AllPoints Realty Phone #: (850) 837-7800

MLS: EmeraldCoast #952134

EmeraldCoast logo

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