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$554,000
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Property Description
Retreat to this tranquil beach-styled villa nestled by the poolside. One of only fourteen exclusive villas offered within the esteemed Palms of Destin community. This villa is ideally positioned, and enjoys a prime location just steps away from the lavish 11,000 square-foot lagoon pool, hot tub, and splash pad, offering the ultimate resort-like experience. Spanning a generous 1,473 square feet, this villa exudes luxury with its elegant tile flooring and 10-ft ceilings. It features a spacious master bedroom complete with an ensuite, including a double vanity, garden tub, and shower. A guest bedroom with its own adjacent, full-bathroom. Fully equipped kitchen with updated appliances, and a breakfast bar. Ample storage space, a separate laundry room, and an expansive living/dining room that overlooks the lagoon pool leading out to the open patio. This property serves as an excellent investment opportunity, a second home, or a primary residence. All furnishings are included. Currently enrolled in the on-site Compass vacation rental program, this villa boasts a steady rental history, with the potential for even higher returns. This villa is turn-key ready for a new owner to step right in! The quarterly dues cover all utilities, including TV/cable, internet, water, sewer, trash, and electricity. The Palms is a mere 5 to 10-minute stroll to the nearest beach access, or you can opt for the complimentary shuttle, which also transports you & your guests to nearby locations including Harborwalk Village and Henderson Beach State Park. The resort is renowned for its 2-acre oasis adorned with palm trees and a stunning lagoon pool. Additionally, there's a children's pool and splash fountain, along with a year-round heated pool, and a hot tub. The Palms offers a plethora of additional amenities, including tennis courts, an indoor pickleball court, a basketball court, a playground, a recently updated on-site restaurant and bar with both indoor and outdoor seating, a coffee shop, a ballroom dancing studio, arcade, night club, and a brand new fitness center. This community truly has something for everyone, and you won't even need to leave the resort to have an exceptional time.
Full Property Details
Full Property Details for 4205 Indian Bayou Trail #UNIT 5
General
- Sold For: $554,000
- Taxes: $3,603 (2022)
- Status: Closed
- Type: Condo /Townhouse
- Source: Emerald_Coast
- MLS ID: 931853
- Added to Site: 899 day(s) ago
Interior
- Rooms/Areas: Bedroom, Kitchen, Living Room, Master Bedroom
- Interior Features: Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All, Owner's Closet, Window Treatment All
- Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven Self Cleaning, Refrigerator, 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, Dumpster, Elevators, Exercise Room, Game Room, Handicap Provisions, Pavillion/Gazebo, Pets Allowed, Pickle Ball, Playground, Pool, Short Term Rental - Allowed, Tennis, TV Cable, Whirlpool
- Pool: Yes
Exterior
- Exterior Features: Balcony, BBQ Pit/Grill, Hot Tub, Patio Open, Pavillion/Gazebo, Pool - Heated, Pool - In-Ground, Tennis Court
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: The Palms Of Destin
- Driving Directions: From Emerald Coast Parkway/HWY-98 drive north, onto Indian Bayou Trail. The Resort is located on the Corner. Walk through the West Tower, and Villa #5 is pool side towards the middle.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Fort Walton Beach
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
Utilities
- Utility Description: Electric, Phone, Public Sewer, Public Water, TV Cable
Structural Information
- Construction: Concrete, Roof Metal
- Stories/Levels: 0
- Stories in Building: 1
- Square Feet: 1,473
- Sq. Ft. Source: Condo Docs
- Year Built: 2007
Unit Information
- Units in Building: 14
Financial Considerations
- Assessment Amount: $4,026
- Assmt Payment Freq: Quarterly
- Tax Amount: $3,603
- Tax Year: 2022
- Terms: Other, VA
Disclosures and Reports
- Legal Description: THE PALMS OF DESTIN RESORT CONFERENCE CENTER PH 3 VILLA 5
- Assessment: Yes
- APN: 00-2S-22-2312-0000-3105
Listed by Keller Williams Success Realty
Sold by Keller Williams Realty Navarre
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Schools
Schools serving 4205 Indian Bayou Trail #UNIT 5
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 2 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4205 Indian Bayou Trail #UNIT 5
Date
Details
Price
Change
Source
10/02/2023
Sold
$554,000
-3.65%
MLS
9/08/2023
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4205 Indian Bayou Trail #UNIT 5, Destin, FL 32541 (MLS# 931853) is a Condo / Townhouse property that was sold at $554,000 on October 02, 2023. Want to learn more about 4205 Indian Bayou Trail #UNIT 5? 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.

