tomo logo

$399,900

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

  • 11 days on market
Renovated & Turnkey | Fully Furnished | Motivated Seller - Modern luxe decor and a dream destination in this beautifully renovated 4th floor condo. Whether you are looking for an immediate start profitable rental investment or a personal retreat, this fully furnished unit is move-in ready with no work needed. Ask about additional seller concessions with strong offers. A shift in personal circumstances have led the owners to part with this beautifully designed 2nd home, creating an incredible opportunity for a new owner to step into a fully furnished, high-end retreat ready to enjoy or rent immediately.Key Features:-Renovated in 2024 with new flooring, fresh paint top to bottom, updated lighting, electrical outlets, and a new hot water heater. -Turnkey and fully furnished with modern d??cor, thoughtfully designed for comfort and style -Spacious open-concept layout, designed for both brightness and ambiance, this condo enjoys abundant natural light by day and carefully curated mood lighting by night, creating a cozy and welcoming retreat at any hour. -Fully equipped kitchen with professionally painted cabinets, ample counter space, and all essentials for entertaining -Custom bunk room, ideal for family, guests, or maximizing rental income -Securely outfitted, stocked, and organized owner's closet, includedperfect for storing personal items while renting the unit or providing storage for your rental manager. -Designed for effortless enjoymentideal for personal use, hosting family and friends, or providing a premium guest experience for rental income. -All utilities are included in the COA dues! (water, electricity, trash, and cable/wifi) Unique Benefits: -4th-floor location offers privacy and an ideal balance between accessibility and elevated views with the quiet side of the building creating a peaceful escape when you're done with people for the day! -Short stroll to the beach (just a 0.4 mile walk to June White Decker Park and public beach area!) -So close to shopping, dining, and entertainment -Strong rental income potential, estimated at $50,000+ per year when rented year round. This fully updated condo is one of the most beautifully decorated and well appointed units at The Palms of Destin. With a stocked owner's closet, premium furnishings, and seller concessions available, it's the perfect hassle-free investment or personal getaway. Schedule your showing or video walk-through today! Resort Amenities: -11,000 sq. ft. lagoon pool, a 2nd year-round heated pool, children's splash pad, and kiddie pool -Tennis courts, pickleball courts, basketball half-court, playground, charcoal grills, picnic areas -Onsite restaurant/bar, coffee shop -24-hour fitness center -Covered parking garage, owner parking, and dog park right across the street! -Electric vehicle charging stations -Free seasonal beach shuttle to June White Decker Park, HarborWalk Village, and Destin Commons (big perk for your travel plans OR as a benefit for your rental guests) Schedule your showing today!!!

Details

Property type

Condominium

Est. home value

$370,724

Lot size

Unknown

Price per sq ft

$413

Year built

2007

Monthly HOA fee

$1,199.39

Price History

03/23/2025
EmeraldCoast

EmeraldCoast #971912

Listed
$399,900
-4.56%
03/21/2025
EmeraldCoast

EmeraldCoast #967223

Removed
$419,000
02/21/2025
EmeraldCoast

EmeraldCoast #967223

Price change
$419,000
-0.24%

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

$130,855
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$237,053
Cash to seller
$130,855

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

$237,053

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: 04/03/2025 at 2:40 PM

Listing updated: 04/03/2025 at 12:06 PM

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

MLS: EmeraldCoast #971912

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