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$375,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,150 Sq. Ft.
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Experience it all! This fifth-floor unit offers stunning, unobstructed views of the Gulf of Mexico and Henderson State Park. Located in the highly desirable Palms of Destin Resort, this beautiful 2-bedroom, 2-bathroom condo is the perfect investment, second home, or primary residence. Both the master and guest bedrooms feature king-sized beds, Gulf views, and balcony access. The unit comes fully furnished and is turnkey ready, with a water heater that was replaced in 2021 and HVAC replaced in 2024. The Palms is an excellent choice for an investment property, second home, or primary residence. With this resort, you can park your car and relax without ever needing to drive while on vacation. Enjoy the convenience of an onsite restaurant and coffee bar, as well as a shuttle service that takes you to multiple attractions in the area! Other resort amenities: -11,000 sq. ft. lagoon pool, a 2nd year-round heated pool, children's splash pad, and kiddie pool -Tennis courts, pickleball courts, basketball half-court, playground, charcoal grills, picnic areas -Onsite restaurant/bar, coffee shop -24-hour fitness center -Covered parking garage, owner parking, and dog park right across the street! -Electric vehicle charging stations -Free seasonal beach shuttle to June White Decker Park, HarborWalk Village, and Destin Commons (big perk for your travel plans OR as a benefit for your rental guests) Schedule your showing today!!!

Full Property Details for 4203 Indian Bayou Trail #1516

General

  • Price: $375,000
  • Taxes: $3,841 (2025)
  • Status: Active
  • Type: Condo
  • Source: Emerald_Coast
  • MLS ID: 972290
  • Updated: 5/1/2026
  • Added to Site: 433 day(s) ago

Rental Information

  • Complex Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Dumpster, Elevators, Exercise Room, Gated Community, Handicap Provisions, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Whirlpool

Interior

  • Number of Rooms: 5
  • Interior Features: Breakfast Bar, Washer/Dryer Hookup
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Furnishings: Furnished - All

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Pool: Yes
  • Pool Description: Pool Type

Exterior

  • Exterior Features: Balcony
  • Porch/Patio/Deck: Deck Covered

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached, Guest

Location

  • Area: 14 - Destin
  • County: Okaloosa
  • Subdivision: THE PALMS OF DESTIN
  • Driving Directions: Hwy 98 across from Silver Shells and West of Walmart, at the corner of Indian Bayou Trl & Hwy 98

School Information

  • Elementary School: Destin
  • Middle School: Destin
  • High School: Fort Walton Beach

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Electricity, Ground Keeping, Internet Service, Legal, Management, Master Association, Security, Sewer, Water, Cable TV, Taxes, Trash

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fans, Central Air
  • Heating Type: Central
  • Heating/Cooling: Central, Ceiling Fans, Central Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electric, Public Water, TV Cable

Structural Information

  • Construction: Stucco
  • Exterior Const.: Stucco
  • Stories/Levels: 12
  • Square Feet: 1,150
  • Sq. Ft. Source: County PA Records
  • Year Built: 2007

Lot Features

  • Property View: Gulf

Water Features

  • Water View: Yes

Financial Considerations

  • Assessment Amount: $4,488
  • Tax Amount: $3,841.48
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: The Palms of Destin Resort & Conference Center PH Unit 1516
  • APN: 00-2S-22-2311-0000-1516
  • Property ID: 00-2S-22-2311-0000-1516

Listed by Go Coastal Realty LLC

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Listing agent

— 4203 Indian Bayou Trail #1516 —

  • Go Coastal Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4203 Indian Bayou Trail #1516

School District:Okaloosa County School District
NameGradesDistance
Destin Middle School
4608 Legendary Marina Drive, Destin, FL 32541
5-81.9 mi
Destin Elementary School
630 Kelly Street, Destin, FL 32541
PK-42.3 mi
Fort Walton Beach High School
400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548
9-1211.1 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 #1516 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/01/2026
Price Reduced
$375,000
-6.23%
MLS
8/23/2025
Price Reduced
$399,900
-3.64%
MLS
6/18/2025
Price Reduced
$415,000
-7.78%
MLS
3/27/2025
Listed
$450,000
-11.94%
MLS
6/16/2023
Sold
$511,000
—
Public Record
Get Price Alerts and Save Property
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 for 4203 Indian Bayou Trail #1516

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,002
-6%
$337,868
-6%
2024
$4,241
4%
$358,000
5%
2023
$4,062
66%
$340,000
71%
2021
$2,449
-12%
$198,800
-20%
2022
$2,789
14%
$250,000
40%
2021
$2,449
8%
$178,000
—
2019
$2,258
11%
$178,000
13%
2018
$2,029
1%
$158,000
3%
2017
$2,006
4%
$153,500
4%
2016
$1,922
-6%
$148,000
-5%
2015
$2,053
-1%
$155,000
—
2014
$2,079
5%
$155,000
5%
2013
$1,988
—
$147,000
—
View All
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 for 4203 Indian Bayou Trail #1516

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Go Coastal Realty LLC

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4203 Indian Bayou Trail #1516, Destin, FL 32541 (MLS# 972290) is a Condo property with 2 bedrooms and 2 full bathrooms. 4203 Indian Bayou Trail #1516 is currently listed for $375,000 and was received on March 27, 2025. Want to learn more about 4203 Indian Bayou Trail #1516? 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.

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