tomo logo

$439,000

Beds
2
Baths
2.0
sq ft
970

4207 Indian Bayou Trl Unit 2509, Destin, FL 32541

4207 Indian Bayou Trl Unit 2509

Destin, FL 32541

  • 228 days on market
    • Price drop $20,000↓
Searching for a Rental Ready Condo that's making money already this year with rentals on the books and is turn key? Invest in this pristine coastal 2 bedroom, 2 bath, 5th floor retreat at The Palms of Destin with a balcony that overlooks the Resort's Courtyard of Pools and Gulf of Mexico. This well designed retreat sleeps 6 comfortably and is a perfect primary residence, 2nd home or investment. The character of this open living concept unit features granite counter tops, newish tile backsplash, refrigerator and dishwasher in the kitchen. Upgrades include luxury vinyl tile flooring, painted cabinets and molding. The Master offers a king size bed with En Suite Bath and a balcony door. New HVAC in July and LG front load washer and dryer also. HOA fee includes utilities.

Details

Property type

Condominium

Est. home value

$412,952

Lot size

Unknown

Price per sq ft

$453

Year built

2007

Monthly HOA fee

$1,040.16

Price History

08/18/2024
EmeraldCoast

EmeraldCoast #946626

Price change
$439,000
-4.36%
04/05/2024
EmeraldCoast

EmeraldCoast #946626

Listed
$459,000
+58.28%
04/09/2021
EmeraldCoast

EmeraldCoast #864116

Sold
$290,000
+26.09%

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

$232,581
Asking price
$439,000
Closing costs (~8% of asking)
-$35,120
Est. remaining loan balance
-$171,299
Cash to seller
$232,581

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

April 2021

Original loan amount

$216,750

Est. remaining balance

$171,299

Interest rate

2.21%

Loan type

New Conventional, 15 year

Seller

Rodney Roy Mcknight and Lisa Ann Mcknight

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: 11/19/2024 at 6:40 AM

Listing updated: 11/14/2024 at 3:54 PM

Listed by: The DestinDeano Team, Keller Williams Realty Destin Phone #: (850) 654-2900

MLS: EmeraldCoast #946626

EmeraldCoast logo

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