tomo logo

$535,000

Beds
3
Baths
2.0
sq ft
1,445

4203 Indian Bayou Trl Unit 1517, Destin, FL 32541

4203 Indian Bayou Trl Unit 1517

Destin, FL 32541

  • 2 days on market
Seller to Pay $11,462 in Buyer Incentives! 🎉 The seller will cover the new buyer's fee of $6,129 and one quarter of HOA dues ($5,333)--a total value of $11,462!Best Priced three-bedroom, two bathroom at The Palms of Destin Resort! This stunning 5th-floor East End Unit offers panoramic Gulf views from nearly every room. This expansive three-bedroom, two-bathroom condo spans 1,445 square feet, providing an open and airy layout perfect for a vacation rental, second home, or primary residence. With modern updates and resort-style amenities, this condo is an incredible opportunity to experience the best of Destin's coastal living. One of the standout features of this unit is that all three bedrooms face the Gulf, offering floor-to-ceiling windows, breathtaking Gulf views, and private balcony access. The open-concept living and dining area is designed for both comfort and entertaining, featuring new TVs, a king-sized bed, loft beds, all new curtains, a washer and dryer, and a brand-new water heater. Floor-to-ceiling sliding glass doors lead to the expansive 335-square-foot terrace, which is accessible from both the living/dining area and all three bedrooms, making it the perfect place to relax while taking in the breathtaking coastal scenery. The master suite boasts a king bed, Smart TV, stunning Gulf views, private terrace access, and an en-suite bathroom with a shower/tub combo. The first guest bedroom also features a king bed, Smart TV, and private terrace access, providing a peaceful retreat. The second guest bedroom is ideal for additional guests or children, featuring a full-over-full bunk bed with a twin trundle and a Smart TV. The two guest bedrooms share a nearby full bathroom with a shower/tub combo. Residents and guests enjoy an exceptional lineup of resort-style amenities, designed to elevate the vacation experience. The Palms of Destin Resort offers a brand-new gym, a newly added grilling area, and a spectacular 11,000-square-foot lagoon pool deck. In addition to the lagoon pool, there is a second heated pool, a hot tub, a children's wading pool, a splash pad, and a playground. For sports enthusiasts, the resort features lighted tennis courts, pickleball courts, and a basketball court. Beyond the incredible amenities, The Palms of Destin Resort offers several on-site dining and entertainment options, making it easy to enjoy everything you need without leaving the property. Guests can unwind at the Sports Lounge, featuring pool tables and darts, or enjoy drinks and live entertainment at the Poolside Tiki Bar. Start your morning at Palms Coffee House, serving breakfast, lunch, and specialty drinks, or grab a delicious meal at the Good Vibes Tiki Bar and Sports Lounge, which both offer lunch and dinner options. Secure this high-end income-producing property just in time for the Summer season, and start generating revenue immediately with an established book of business. This is the perfect chance to invest in a turnkey vacation rental in one of Destin's most sought-after resorts! With complimentary beach shuttle service, you can reach the beach in minutes while being centrally located near top restaurants, shopping, and water sports in the heart of Destin, Florida. Don't miss this opportunityschedule your showing today! Buyer to verify all dimensions.

Details

Property type

Condominium

Est. home value

$630,579

Lot size

Unknown

Price per sq ft

$371

Year built

2007

Monthly HOA fee

$1,777.67

Price History

03/01/2025
EmeraldCoast

EmeraldCoast #969926

Listed
$535,000
-6.94%
02/12/2025
EmeraldCoast

EmeraldCoast #965704

Removed
$574,900
01/27/2025
EmeraldCoast

EmeraldCoast #965704

Price change
$574,900
-7.2%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

Pool, Tennis Court(s)

Seller’s Loan History

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

Lender

Progress Bank & Trust

Loan start date

September 2022

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Julie Kristen Thornton Sherrill and John Rowland Sherrill

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: 03/03/2025 at 6:30 PM

Listing updated: 03/02/2025 at 3:19 AM

Listed by: Christina M Schlink, Christina M Schlink, Christina M Schlink, Christina M Schlink, Christina M Schlink, Christina M Schlink, Compass Phone #: (305) 851-2820

MLS: EmeraldCoast #969926

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