tomo logo

$499,000

Beds
2
Baths
2.0
sq ft
970

4203 Indian Bayou Trl Unit 1116, Destin, FL 32541

4203 Indian Bayou Trl Unit 1116

Destin, FL 32541

  • 223 days on market
    • Price drop $26,000↓
IMPROVED PRICE ADJUSTMENT!!Don't miss this rare opportunity to own a 1st Floor 2 bedroom 2 bath Condo just steps from the zero entry Lagoon style pool. Come enjoy resort style living. Stylishly updated & decorated for relaxing while maximizing rental potential. Just grab your towel and enjoy a full service bar & food service while relaxing around the pool. An amazing coffee shop, sports lounge, gym, dog walk, tennis courts, kids playground and 24 hour security. The resort is absolutely stunning, with meticulously landscaped grounds . The Palms has something for every member of your family. Seasonal complimentary shuttle to June White Decker public beach access and Harbor walk Village, etc. Destin offers fine dining, shopping, and of course, relaxing on the world's most beautiful beaches

Details

Property type

Condominium

Est. home value

$458,170

Lot size

Unknown

Price per sq ft

$515

Year built

2007

Monthly HOA fee

$1,233.18

Price History

10/26/2024
EmeraldCoast

EmeraldCoast #949964

Price change
$499,000
-4.95%
08/08/2024
EmeraldCoast

EmeraldCoast #949964

Price change
$525,000
-6.08%
05/16/2024
EmeraldCoast

EmeraldCoast #949964

Listed
$559,000
+124.5%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

Pool, Tennis Court(s)

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

$314,842
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$144,238
Cash to seller
$314,842

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

April 2021

Original loan amount

$183,750

Est. remaining balance

$144,238

Interest rate

2.19%

Loan type

New Conventional, 15 year

Seller

Buddy Eugene Daniels and Sarah Jo Daniels

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: 12/25/2024 at 10:55 PM

Listing updated: 11/25/2024 at 12:39 AM

Listed by: Shannyn Stevenson, Shannyn Stevenson, Shannyn P Stevenson, Shannyn Stevenson, Shannyn Stevenson, Shannyn Stevenson, Shannyn Stevenson, Shannyn P Stevenson, Newman Dailey Resort Properties Phone #: (850) 837-1071

MLS: EmeraldCoast #949964

EmeraldCoast logo

Recently listed in Destin