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$560,000
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Property Description
Enjoy year-round sunsets from this spacious top-floor, penthouse, 2BR/2BA residence in the heart of Destin. This exceptional unit offers sweeping views of both the Gulf of Mexico and Choctawhatchee Bay, with a private terrace overlooking the stunning lagoon pool-perfect for relaxing and taking in the coastal scenery. Lots of upgrades, including a new water heater! Located within The Palms Resort, residents enjoy access to an impressive array of amenities, including an expansive 11,000-square-foot lagoon pool complete with waterfall and spa, a children's pool, playground, and splash area. Additional features include lighted tennis and basketball courts, a first-class fitness center, seasonal beach shuttle service, and covered, protected parking.
Full Property Details
Full Property Details for 4203 Indian Bayou Trail #11215
General
- Price: $560,000
- Taxes: $3,842 (2025)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 995405
- Updated: 4/13/2026
- Added to Site: 101 day(s) ago
Interior
- Number of Rooms: 4
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: THE PALMS OF DESTIN
- Driving Directions: HWY 98 to Indian Bayou Trail, make a right into The Palms of Destin
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Fort Walton Beach
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating/Cooling: Central Air
Utilities
- Utility Description: Electric, Public Water, TV Cable
Structural Information
- Stories/Levels: 12
- Square Feet: 1,150
- Sq. Ft. Source: County PA Records
- Year Built: 2007
Financial Considerations
- Assessment Amount: $4,488
- Tax Amount: $3,842.12
- Tax Year: 2025
Disclosures and Reports
- Legal Description: THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 2 UNIT 11215
- APN: 00-2S-22-2311-0001-1215
- Property ID: 00-2S-22-2311-0001-1215
Listed by Go Coastal Realty LLC
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Schools
Schools serving 4203 Indian Bayou Trail #11215
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 #11215
Date
Details
Price
Change
Source
4/13/2026
Price Reduced
$560,000
-1.58%
MLS
2/15/2026
Listed
$569,000
118.85%
MLS
12/14/2018
Sold
$260,000
—
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 #11215
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,881
2%
$330,524
-6%
2024
$3,795
4%
$350,000
—
2023
$3,656
32%
$350,000
57%
2021
$2,766
-16%
$223,400
-27%
2022
$3,289
19%
$306,000
51%
2021
$2,766
8%
$202,000
—
2019
$2,562
13%
$202,000
14%
2018
$2,273
1%
$177,000
3%
2017
$2,254
4%
$172,500
3%
2016
$2,169
-6%
$167,000
-5%
2015
$2,318
-1%
$175,000
—
2014
$2,347
5%
$175,000
5%
2013
$2,245
—
$166,000
—
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 #11215
4203 Indian Bayou Trail #11215, Destin, FL 32541 (MLS# 995405) is a Condo property with 2 bedrooms and 2 full bathrooms. 4203 Indian Bayou Trail #11215 is currently listed for $560,000 and was received on February 15, 2026. Want to learn more about 4203 Indian Bayou Trail #11215? 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.

