tomo logo

$419,000

Beds
2
Baths
2.0
sq ft
970

4203 Indian Bayou Trl Unit 1412, Destin, FL 32541

4203 Indian Bayou Trl Unit 1412

Destin, FL 32541

  • 35 days on market
    • Price drop $1,000↓
**Motivated Seller***Palms Oasis | Fully Rehabbed, Turnkey Condo at The Palms of DestinDiscover your hidden retreat at The Palms of Destin in this beautifully renovated 2-bedroom, 2-bathroom condo, perched on the 4th floor. Fully rehabbed in 2024 with modern, relaxed furnishings, this condo is turnkey and ready for rental from day one. The owners' personal circumstances have changed since purchasing, making them motivated sellers. Seller will cover current 2025 COA dues and the current 2025 special assessment. So no COA dues in 2025 for your new property. Key Features: Fully Rehabbed in 2024: New flooring, fresh paint, updated lighting, electrical outlets, and a new hot water tank. All-New Furnishings: Every room is thoughtfully furnished with modern, cozy d??cor-everything is included, making it an ideal vacation home or rental investment. Turnkey Ready: Move in or start renting immediately with no additional work needed. Step into an open-concept living area filled with natural light, blending modern elegance with beachside charm. The spacious living room invites relaxation, while the fully equipped kitchen boasts painted cabinets and ample counter space, perfect for entertaining. The master suite features an en-suite bathroom and direct access to a private balcony-perfect for enjoying morning coffee with tranquil views. The second bedroom offers custom-made bunks, ideal for guests or family. Resort Amenities Include: 11,000 sq ft lagoon pool, year-round heated pool, children's splash pad, and kiddie pool Tennis courts, pickleball, ?? court basketball, and playground Onsite restaurant, coffee shop, charcoal grills, and picnic areas 24-hour fitness center, covered parking garage, owner parking, owner-dog park, mailboxes, and security. Electric vehicle charging stations also available. Free seasonal beach shuttle to June White Decker Park, HarborWalk Village, and Destin Commons Located just a short stroll from the beach (4 mile walk to June White Decker Park), this condo offers the perfect blend of relaxation and convenience. All utilities, including electricity, are covered in the COA dues, providing a hassle-free living experience. Don't miss this opportunity to own a fully updated, move-in-ready condo in one of Destin's most sought-after resorts. This property offers high rental income potential, making it a strong investment opportunity for savvy buyers. Rental potential $55,000+ per year when rented year around. Schedule your showing today!

Details

Property type

Condominium

Est. home value

$370,724

Lot size

Unknown

Price per sq ft

$432

Year built

2007

Monthly HOA fee

$1,199.39

Price History

02/21/2025
EmeraldCoast

EmeraldCoast #967223

Price change
$419,000
-0.24%
01/28/2025
EmeraldCoast

EmeraldCoast #967223

Listed
$420,000
+40%
12/21/2023
EmeraldCoast

EmeraldCoast #925652

Sold
$300,000
+141.94%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

Community features: 

Gated, 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

$148,234
Asking price
$419,000
Closing costs (~8% of asking)
-$33,520
Est. remaining loan balance
-$237,246
Cash to seller
$148,234

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

November 2023

Original loan amount

$240,000

Est. remaining balance

$237,246

Interest rate

7.57%

Loan type

New Conventional, 30 year

Seller

Judith S Marshall and Warren G Marshall Iii

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?

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Status: Active

Tomo last checked: 03/04/2025 at 3:50 AM

Listing updated: 02/28/2025 at 11:44 AM

Listed by: Nichole P Causton, Nichole P Causton, Nichole P Causton, Nichole P Causton, Go Coastal Realty LLC Phone #: (850) 714-7600

MLS: EmeraldCoast #967223

EmeraldCoast logo

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