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$475,000 Sale Pending

  • For Sale
  • Pending
  • Condo / Townhouse
  • 2 Beds
  • 2 Full Baths
  • 1,480 Sq. Ft.
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One of only 14 Poolside Villas, the Villa Cabana Royale is a rental Gem. With over $70,000K in rental income year over year, This 1480 sq ft of open concept walk in/ walk out Pool Side Villa Cabana Royale is a Guest Favorite, with an amazing ROI! Featuriung double sliding doors that open to views of the tropical grounds 11,000 sq ft pool deck, 10ft ceilings! 5 Star Amenities. Upgrades galore, Remodeled, NEW LVP flooring, NEW Washer/ Dryer, Electric LED fireplace, NEW Lighting with remotes, NEW XL TV's, Painted with Wainscotting, 2yr old Dishwasher and microwave, Separate Laundry room.Comes completely furnished, and turn key. Hit the ground running with an existing book of business with $6,500 in upcoming Spring Break revenue! Seller will pay the Sept 2025 special assessment for the buyer: $2578.62 The Palms of Destin has a New State of the Art Gym, a New Grilling Area, 11,000 sq ft pool deck with a lagoon pool with waterfalls, islands, a seasonally heated pool, a children's wading pool and a splash pad area. An onsite Coffee shop, a poolside Tiki Bar, and Palms Bistro Restuarant. The palms offers a free beach shuttle across the street to June Decker Beach and Henderson State Park, as well as water sports, shopping and dining locations. The Palms is in the heart of Destin, Surrounded by upscale restaurants; Ruth's Chris, Bubba Gump's, Joe's Crab Shack, and Peppers. This 5 Star resort offers a world class trip to vacationers and owners alike.

Full Property Details for 4205 Indian Bayou Trail #UNIT 3107

General

  • Price: $475,000
  • Taxes: $5,117 (2024)
  • Status: Pending
  • Type: Condo /Townhouse
  • Source: Emerald_Coast
  • MLS ID: 970342
  • Updated: 11/22/2025
  • Added to Site: 317 day(s) ago

Interior

  • Rooms/Areas: Kitchen, Laundry, Living Room, Master Bathroom
  • Interior Features: Fireplace, Floor Vinyl, Furnished - All, Owner's Closet, Renovated, Washer/Dryer Hookup, Window Treatment All
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Living Room: Living Room
  • Kitchen: Kitchen

Additional Information

  • Shared Amenities: BBQ Pit/Grill, Community Room, Elevators, Exercise Room, Game Room, Gated Community, Laundry, Pavillion/Gazebo, Pickle Ball, Playground, Short Term Rental - Allowed, Tennis, TV Cable, Whirlpool
  • Pool: Yes

Exterior

  • Exterior Features: Hot Tub, Patio Open, Pavillion/Gazebo, Pool - Heated, Pool - In-Ground, Tennis Court

Parking

  • Garage: Yes
  • Parking: Garage Attached

Location

  • Area: 14 - Destin
  • County: Okaloosa
  • Subdivision: The Palms Of Destin
  • Driving Directions: Take Emerald Coast Parkway to the corner of Indian Bayou Trl, Resort is located on the NE Corner, 1 blk from the Beach, Unit is on the pool level pool side cabana unit: enter through the West tower and proceed on the ground floor through to the pool.

School Information

  • Elementary School: Destin
  • Middle School: Destin
  • High School: Destin

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect

Utilities

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

Structural Information

  • Construction: Block, Concrete, Roof Flat
  • Stories/Levels: 0
  • Stories in Building: 1
  • Square Feet: 1,480
  • Sq. Ft. Source: County PA Records
  • Year Built: 2007

Unit Information

  • Units in Building: 14

Water Features

  • Water Front Type: Other

Financial Considerations

  • Assessment Amount: $5,464
  • Assmt Payment Freq: Quarterly
  • Tax Amount: $5,117
  • Tax Year: 2024
  • Terms: Other

Disclosures and Reports

  • Legal Description: THE PALMS OF DESTIN RESORT CONFERENCE CENTER PH 3 VILLA 7
  • Assessment: Yes
  • APN: 00-2S-22-2312-0000-3107

Listed by Bastion Realty LLC

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Listing agent

— 4205 Indian Bayou Trail #UNIT 3107 —

  • Bastion 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 4205 Indian Bayou Trail #UNIT 3107

School District:Okaloosa County School District
NameGradesDistance
Destin Middle School
4608 Legendary Marina Drive, Destin, FL 32541
5-82 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4205 Indian Bayou Trail #UNIT 3107 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/08/2025
Price Reduced
$475,000
-3.06%
MLS
9/09/2025
Price Reduced
$490,000
-2%
MLS
5/14/2025
Price Reduced
$500,000
-4.76%
MLS
3/06/2025
Listed
$525,000
-16%
MLS
10/17/2022
Sold
$625,000
—
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 4205 Indian Bayou Trail #UNIT 3107

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,276
-1%
$445,500
-1%
2024
$5,331
9%
$450,000
10%
2023
$4,898
97%
$410,000
105%
2021
$2,484
-19%
$200,000
-33%
2022
$3,080
24%
$299,000
55%
2021
$2,484
6%
$193,000
4%
2019
$2,347
7%
$185,000
8%
2018
$2,202
-2%
$171,500
—
2017
$2,241
3%
$171,500
2%
2016
$2,182
-7%
$168,000
-5%
2015
$2,345
-1%
$177,000
—
2014
$2,374
8%
$177,000
9%
2013
$2,204
—
$163,000
—
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.

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Listed by Bastion Realty LLC

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4205 Indian Bayou Trail #UNIT 3107, Destin, FL 32541 (MLS# 970342) is a Condo / Townhouse property with 2 bedrooms and 2 full bathrooms. 4205 Indian Bayou Trail #UNIT 3107 is currently listed for $475,000 and was received on March 06, 2025. Want to learn more about 4205 Indian Bayou Trail #UNIT 3107? Do you have questions about finding other Condo / Townhouse 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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