$450,000

4203 Indian Bayou Trl Unit 1516 Destin, FL 32541

$5,344
Closing credit¹
2 beds
2 full
1,150 sqft
$391 / sqft
Condo

Property details

About 4203 Indian Bayou Trl Unit 1516

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, childrens 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!!!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size1,150 sqft
Year built2007
ParkingDetached, Guest
MLS #972290
Garage2 spaces
ViewGulf

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Self Cleaning Oven, Refrigerator, Refrigerator, Ice Maker, Electric Oven, Washer
  • Interior: Breakfast Bar, Washer/Dryer Hookups
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Private Pool: No
  • Parking: Detached, Guest
  • View: Gulf
  • Exterior: Balcony
  • Architectural Style: N/A
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $450,000
  • Price/SqFt: $391
  • HOA Amount: $4265 Quarterly
  • Annual Tax Amount: $4,061
  • Tax Year: 2023
  • Directions: Hwy 98 across from Silver Shells and West of Walmart, at the corner of Indian Bayou Trl & Hwy 98
  • Year Built: 2007
  • Living Area: 1,150 SqFt
  • MLS Number: 972290
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Go Coastal Realty LLC
  • Office Email: nichole@gocoastalrealty.com
  • Listing Agent: Nichole P Causton

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: 5/24/2025, 7:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

4203 Indian Bayou Trl Unit 1516, Destin, FL 32541 - living room featuring light wood finished floors, baseboards, visible vents, and ceiling fan

$450,000

4203 Indian Bayou Trl Unit 1516

$5,344

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 16, 2023
Home Sold
$511,000
Jan 12, 2022
Home Sold
$399,900
Jul 10, 2018
Home Sold
$192,500
Feb 28, 2013
Home Sold
$153,700

Tax history

YearAssessmentProperty Tax
2023$340,000$4,061
2022$250,000$2,788
2021$198,800$2,788
2020$178,000$2,449
2018$158,000$2,028
2017$153,500$2,006

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. Typical income of Destin, FL residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents 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

Similar homes for sale

Frequently asked questions

About 4203 Indian Bayou Trl Unit 1516

The listing price of 4203 Indian Bayou Trl Unit 1516 property is $450,000.

The property 4203 Indian Bayou Trl Unit 1516 is a condo located in Destin, Florida, 32541.

Active Listing: 4203 Indian Bayou Trl Unit 1516 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4203 Indian Bayou Trl Unit 1516 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 $4,061 (source: MLS/based on county public records data).

The last sale was on June 16, 2023 for $511,000 (source: MLS/tax record).

The property at 4203 Indian Bayou Trl Unit 1516 has 2 bedrooms and 2 bathrooms.

The property 4203 Indian Bayou Trl Unit 1516 is 1,150 SqFt (source: MLS/tax record).

The year of construction for 4203 Indian Bayou Trl Unit 1516 is 2007.

This home is located at 4203 Indian Bayou Trl Unit 1516 in Destin, FL and zip code 32541. This 1,150 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $450,000.

Destin, FL housing market in April 2025 saw over 1 listings sold above listed price, more than 5 sold at listed price and over 45 sold below. The number of homes for sale in Destin, FL increased by 9% between March and April 2025. Listings spent 113 days on the market in April 2025, and had a median list price of $615,000 during the same period.

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

More resources