tomo logo

$520,000

Beds
2
Baths
2.0
sq ft
1,175

4207 Indian Bayou Trl Unit 2501, Destin, FL 32541

4207 Indian Bayou Trl Unit 2501

Destin, FL 32541

  • 1 day on market
Welcome to your dream beach getaway at The Palms of Destin! This spacious FULL 2-bedroom, 2-bathroom unit features 1,175 sqft of luxurious living space. It had not one but TWO balconies with stunning views of the pool and Gulf of Mexico. This is one of the largest 2-bedroom units in the tower. There is a covered garage for parking! This beautifully decorated condo has a light and airy atmosphere with tile flooring throughout. It's fully furnished and includes a stackable washer/dryer, making it turnkey. Recent upgrades include a new HVAC system and hot water heater (2022), and a master shower remodel (2023), along with new couches, beds, appliances, and drapes. This unit also has future bookings in place!Resort amenities include : A bistro and coffee shop for casual dining, a ballroom a ballroom for events and gatherings, resort-style pools, including a hot tub and a dedicated kids' pool, grill area for outdoor cooking and socializing, tennis courts, and a playground for the little ones. HOA Dues cover all utilities.

Details

Property type

Condominium

Est. home value

$444,571

Lot size

Unknown

Price per sq ft

$443

Year built

2007

Monthly HOA fee

$1,452.67

Price History

02/10/2025
EmeraldCoast

EmeraldCoast #968206

Listed
$520,000
-7.14%
11/01/2024
EmeraldCoast

EmeraldCoast #949318

Removed
$560,000
08/03/2024
EmeraldCoast

EmeraldCoast #949318

Price change
$560,000
-0.88%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

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

$390,184
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$88,216
Cash to seller
$390,184

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

November 2019

Original loan amount

$125,000

Est. remaining balance

$88,216

Interest rate

3.05%

Loan type

New Conventional, 15 year

Seller

David J Marek and Maria Y Marek

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: 02/11/2025 at 3:45 AM

Listing updated: 02/10/2025 at 12:49 PM

Listed by: Candace M Floyd, The Property Group 850 Inc Phone #: (850) 682-9121

MLS: EmeraldCoast #968206

EmeraldCoast logo

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