$385,000

4203 Indian Bayou Trl Unit 1508 Destin, FL 32541

$4,572
Closing credit¹
2 beds
2 full
970 sqft
$397 / sqft
Condo

Property details

About 4203 Indian Bayou Trl Unit 1508

Searching for a Rental Ready Condo thats ready to make money this year and is turn key? Invest in this pristine coastal 2 bedroom, 2 bath, 5th floor retreat at The Palms of Destin with a balcony that overlooks the Gulf of Mexico. This well designed retreat sleeps 6 comfortably and is a perfect primary residence, 2nd home or investment. The character of this open living concept unit features granite counter tops, luxury vinyl flooring and a pantry in the kitchen. Upgrades include new sofa and oversized chair in the Living area, new drapes and Bunk Beds in the guest bedroom with a full bath and W/D. The Master offers a view of the Gulf, king size bed with En Suite Bath and a balcony door. There is a parking garage and a gated private parking area for the owners. HOA fee includes utilities

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size970 sqft
Year built2007
ParkingGarage
MLS #967564
ViewGulf

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Ice Maker, Electric Oven, Washer
  • Flooring Type: Tile, Vinyl
  • Interior: Breakfast Bar, Owners Closet, Pantry, Washer/Dryer Hookups, Window Treatment(s)
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Private Pool: No
  • Parking: Garage
  • View: Gulf
  • Exterior: Balcony
  • Architectural Style: N/A
  • Heating: Central
  • Cooling: Central Air
  • List Price: $385,000
  • Price/SqFt: $396
  • HOA Amount: $1,199
  • HOA Frequency: Quarterly
  • Annual Tax Amount: $3,918
  • Tax Year: 2023
  • Directions: The Palms of Destin is located at the corner of Hwy 98 and Indian Bayou Trail, just West of Wal-Mart. 1508 is located in the East tower.
  • Year Built: 2007
  • Living Area: 970 SqFt
  • MLS Number: 967564
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Keller Williams Realty Destin
  • Office Phone: (850) 654-2900
  • Office Email: kwectl209@gmail.com
  • Listing Agent: The DestinDeano Team, Leah Covington

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2025, 12:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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water view

$385,000

4203 Indian Bayou Trl Unit 1508

$4,572

closing credit¹

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Price information

Property sales

DateEventPrice
Mar 23, 2022
Home Sold
$377,000
Sep 11, 2020
Home Sold
$168,000

Tax history

YearAssessmentProperty Tax
2023$328,000$3,918
2022$269,500$2,644
2021$160,200$2,644
2020$141,000$1,989
2018$114,000$1,463
2017$109,000$1,424

History based on county public records data.

Nearby schools

8

Destin Elementary School

Public District PK-4

2.3 mi

630 Kelly St

9

Bluewater Elementary School

Public District KG-5

7.3 mi

4545 Range Rd

7

Eglin Elementary School

Public District KG-4

7.6 mi

200 Gaffney Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $116,708. Residents of Destin, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

7%
<35k
36%
35k-100k
35%
100k-200k
22%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
5%
Single, with Kids
40%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
17%
18-34 yrs old
47%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • College FootballCollege Football
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Express/Express For MenExpress/Express For Men
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • PaneraPanera
  • SonicSonic
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • InfinitiInfiniti
  • KiaKia
  • LexusLexus

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4203 Indian Bayou Trl Unit 1508

The listing price of 4203 Indian Bayou Trl Unit 1508 property is $385,000.

The property 4203 Indian Bayou Trl Unit 1508 is a condo located in Destin, Florida, 32541.

Active Listing: 4203 Indian Bayou Trl Unit 1508 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4203 Indian Bayou Trl Unit 1508 are: Destin Elementary School (GreatSchools Rating 8/10), Bluewater Elementary School (GreatSchools Rating 9/10), Eglin Elementary School (GreatSchools Rating 7/10), Destin Middle School (GreatSchools Rating 8/10), Lewis School (GreatSchools Rating 8/10), Meigs Middle School (GreatSchools Rating 5/10), Niceville High School (GreatSchools Rating 6/10), Collegiate High School at Northwest Florida State College (GreatSchools Rating 9/10), Choctawhatchee High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $3,918 (source: MLS/based on county public records data).

The last sale was on March 23, 2022 for $377,000 (source: MLS/tax record).

The property at 4203 Indian Bayou Trl Unit 1508 has 2 bedrooms and 2 bathrooms.

The property 4203 Indian Bayou Trl Unit 1508 is 970 SqFt (source: MLS/tax record).

The year of construction for 4203 Indian Bayou Trl Unit 1508 is 2007.

This home is located at 4203 Indian Bayou Trl Unit 1508 in Destin, FL and zip code 32541. This 970 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 2, 2025 and is currently priced at $385,000.

Over 1 listings were sold over their listed price in April 2025 in Destin, FL. In the same period over 45 listings were sold below the listed price and 5 listings were sold for the listed price. Between March and April 2025, Destin, FL real estate market has seen increase in the number of listings by 9%. In April 2025 median list price was $615,000 and the average listing age was 113 days.

From Rocket Homes Real Estate and based on county public records data.

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