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$449,000

Beds
2
Baths
2.0
sq ft
1,150

4203 Indian Bayou Trl Unit 1415, Destin, FL 32541

4203 Indian Bayou Trl Unit 1415

Destin, FL 32541

  • 53 days on market
    • Price drop $10,000↓
**Seller offering $5,000 credit at closing to be used towards buyers closing costs plus seller to pay special assessment in full at closing!!! Welcome to paradise! Enjoy stunning tropical pool views from this 4th-floor unit at the prestigious Palms of Destin! This 2-bedroom, 2-bath unit has everything you need plus comes fully furnished and ready for you to enjoy! Significant updates have been made to ensure the unit maximizes rental potential and remains maintenance-free for years to come. In 2022, all appliances were replaced with new Whirlpool stainless steel models, including the microwave, refrigerator, stove/oven, and washer & dryer combo.**Electric vehicle charging stations also available** Additionally, the water heater was replaced in 2023. The living room features a flat-screen TV, a ceiling fan, sofa, and ample seating for guests. Both the primary and second bedrooms have comfortable king-sized beds, each with a flat-screen TV's. The Palms of Destin is an excellent investment opportunity, second home, or primary residence. This resort allows you to park and relax without ever needing to drive during your vacation. Enjoy the convenience of an on-site restaurant and coffee bar, along with a seasonal shuttle service that runs to various attractions in the area. Notably, HOA fees cover all utilities, including electricity, water, trash, Wi-Fi, and cable! During the day you are sure to enjoy the exterior features of the 11,000 sq ft lagoon pool, w/ waterfalls and bridges within the 2 acre ''oasis''. The children's pool and interactive splash fountain will provide hours of enjoyment while the parents enjoy a swim, or lounging with a drink from the on site restaurant and coffee shop. The Palms also features a new state of the art fitness center, pickle ball (outdoor), tennis and basketball court, seasonal shuttle and a new outdoor grilling area! Look no further as The Palms Resort and Conference center is a 5 star resort with amenities hard to beat! Then in the evening, you will find yourself on the balcony enjoying the breathtaking sunsets! Call your favorite agent for a showing today! While we believe all information to be accurate, buyer to verify all information including dimensions.

Details

Property type

Condominium

Est. home value

$498,681

Lot size

Unknown

Price per sq ft

$391

Year built

2007

Monthly HOA fee

$1,421.96

Price History

02/04/2025
EmeraldCoast

EmeraldCoast #966030

Price change
$449,000
-2.18%
01/09/2025
EmeraldCoast

EmeraldCoast #966030

Listed
$459,000
+2.02%
12/05/2024
EmeraldCoast

EmeraldCoast #939898

Removed
$449,900

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

$120,832
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$292,248
Cash to seller
$120,832

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

Seller’s Loan History

Lender

Fbt Mortgage Llc

Loan start date

July 2021

Original loan amount

$316,903

Est. remaining balance

$292,248

Interest rate

3%

Loan type

VA, 30 year

Seller

John Henry Fernandez

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: 03/03/2025 at 11:05 PM

Listing updated: 02/28/2025 at 11:49 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 #966030

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