No photo available
$399,999
Property Description
Welcome to Unit 1115 at The Palms of Destin where effortless coastal elegance meets resort-style living in the heart of Destin and less than a half mile from the white sugary sands of the Emerald Coast. Perfectly positioned as a rare ground-floor, corner end-unit with 10' ceilings, this condo can be used as a turn-key investment (short-term or long-term), second home, or primary residence and projects between $35-55k annually. Everything conveys. This beautifully appointed 2-bedroom, 2-bath residence invites you into a light-filled, open-concept space designed for both relaxation and entertaining. From the moment you step inside, you'll notice fresh modern finishes, and coastal-inspired palette of soft whites, blues, and sandy neutrals creating a serene, beachside ambiance throughout. You'll notice beautiful paintings and these are original artwork painted by a previous owner and they stay with the home. The kitchen flows seamlessly into the dining and living areas, highlighted by designer lighting and thoughtful touches that make the space feel both elevated and inviting. The fridge is newer and offers an ice-maker on the exterior freezer door. Both bedrooms feature king-sized accommodations, offering comfort and privacy for owners and guests alike. What truly sets this residence apart is its expansive private patio with three separate access points from the living room and both bedrooms creating an effortless indoor-outdoor lifestyle. The water heater and HVAC are less than 4 years old. Whether you're seeking a turnkey investment, second home, or full-time residence, this condo delivers with rental-ready furnishings, newer LVP flooring and tile in bathrooms and kitchen, and a layout designed for both comfort and income potential. ALL items convey (everything you see in photos including furniture, appliances, kitchenware, electronics, artwork - except linens - they belong to the current property manager). COA fees cover water, electric, internet, TV, and trash so basically all utilities, including access/upkeep of all amenities at the Palms. Step outside and you're just moments from the resort's stunning 11,000 sq ft lagoon pool, giving this unit a true "walk-out resort" feel that guests and owners absolutely love. Residents and guests of The Palms of Destin enjoy an unmatched suite of amenities, including: * A spectacular lagoon-style pool, heated pool, spa, and splash pad * On-site restaurant, bar, and coffee shop * Tennis, pickleball, and basketball courts * 24-hour fitness center and playground * Seasonal shuttle service to the beach, HarborWalk Village, and Destin Commons * Covered parking, EV charging stations, and nearby dog park Located less than 1/2 a mile from the sugar-white sands and emerald waters of the Emerald Coast, this is more than a property, it's your gateway to the Destin lifestyle. Opportunities like this ground-floor, corner end-unit, walk-out to the pool are incredibly rare. Schedule your private showing today and experience it for yourself.
Full Property Details
Full Property Details for 4203 Indian Bayou Trail #1115
General
- Price: $399,999
- Taxes: $3,533 (2025)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 998322
- Updated: 4/13/2026
- Added to Site: 27 day(s) ago
Rental Information
- Complex Features: Dumpster, Elevators, Exercise Room, Handicap Provisions, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Whirlpool
Interior
- Number of Rooms: 4
- Interior Features: Breakfast Bar, Ceiling Tray/Cofferd, Kitchen Island, Pantry, Washer/Dryer Hookup
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Laminate, Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
- Security/Safety: Fire Alarm/Sprinkler
Exterior
- Porch/Patio/Deck: Patio Covered
Parking
- Parking Features: Detached, Garage Detached
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: THE PALMS OF DESTIN
- Driving Directions: Heading west on US 98, turn right on Indian Bayou Trail across from Silver Shells Resort. The Palms of Destin is less than a quarter mile down Indian Bayou Trail on the right.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Fort Walton Beach
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Electricity, Ground Keeping, Insurance, Internet Service, Master Association, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Heating/Cooling: Central, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, TV Cable
Structural Information
- Construction: Stucco
- Exterior Const.: Stucco
- Square Feet: 1,150
- Sq. Ft. Source: County PA Records
- Year Built: 2007
Financial Considerations
- Assessment Amount: $4,422
- Tax Amount: $3,533.52
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Accept Backup Offers
- Legal Description: Legal Description: Unit 1115, PHASE II, THE PALMS OF DESTIN RESORT AND CONFERENCE CENTER, a Condominium, according to the Declaration of Condominium recorded in Official Records Book 2757, Page 3305 et seq., of the Public Records of Okaloosa County, Florida.
- APN: 00-2S-22-2311-0000-1115
- Property ID: 00-2S-22-2311-0000-1115
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Schools
Schools serving 4203 Indian Bayou Trail #1115
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 1.9 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 2.3 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 11.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4203 Indian Bayou Trail #1115
Date
Details
Price
Change
Source
3/18/2026
Listed
$399,999
-19.36%
MLS
1/24/2007
Sold
$496,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4203 Indian Bayou Trail #1115
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,534
2%
$308,524
-6%
2024
$3,469
4%
$328,000
—
2023
$3,346
35%
$328,000
63%
2021
$2,479
-17%
$201,400
-29%
2022
$2,994
21%
$284,000
58%
2021
$2,479
9%
$180,000
—
2019
$2,283
11%
$180,000
18%
2014
$2,052
5%
$153,000
6%
2013
$1,947
—
$144,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4203 Indian Bayou Trail #1115
4203 Indian Bayou Trail #1115, Destin, FL 32541 (MLS# 998322) is a Condo property with 2 bedrooms and 2 full bathrooms. 4203 Indian Bayou Trail #1115 is currently listed for $399,999 and was received on March 18, 2026. Want to learn more about 4203 Indian Bayou Trail #1115? Do you have questions about finding other Condo real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.
