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4203 Indian Bayou Trl #11014, Destin, FL, 32541

4beds
2baths
970sqft
$329,900
$340price/sqft
$2,279/moest. monthly cost
$91,160/yrincome needed

About This Home

Welcome to your slice of paradise at The Palms of Destin Resort! This beautifully appointed 2 bedroom, 2 bath condominium sits on the 10th floor with gulf views! It comes fully furnished with upgrades galore! New flooring, lighting, dishwasher, microwave washer/dryer, and freshly painted kitchen cabinets, Updated bathrooms with freshly painted vanities, Custom built in bunk beds, Updated guest shower, master bath shower door installed and new granite sink and 3 TV's. This open- concept floor plan features a spacious living area, a well equipped kitchen, and a private balcony perfect for enjoying the tranquility of the gulf breeze. The primary suite offers a peaceful retreat with an en-suite bath while the second bedroom and full guest bath provide plenty of space for family and friends. Whether you are looking for full time residence, a vacation getaway, or investment property, this condo is an exceptional opportunity. Residents enjoy world class resort amenities, including a spectacular lagoon style pool with waterfalls, a children's splash area, hot tub, fitness center, tennis and basketball courts, on site restaurant and coffee shop, playground, and seasonal beach shuttle. This condo needs to be at the top of your list! It's priced to sell so call today for your private showing.

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
54
BikeBikeable

Schools

9/10
Destin Middle SchoolGrades 5-82.0 mi
5/10
10/10
Destin Elementary SchoolGrades PK-42.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2007

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Concrete

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater,Dishwasher,ENERGY STAR Qualified Dishwasher,ENERGY STAR Qualified Dryer,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Washer,ENERGY STAR Qualified Water Heater
  • Laundry features: Inside,W/D Hookups,Common Area

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Elevator
  • Window features: Drapes
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s),ENERGY STAR Qualified Equipment

Interior Area

  • Total structure area: 970
  • Total interior livable area: 970 sqft

Kitchen

  • Level: First
  • Area: 153

Master Bedroom

  • Level: First
  • Area: 224

Property

Details

  • Parcel number: 002s22231100011014
  • Zoning description: County

Features

  • Levels: 8 or More Story
  • Pool features: None,Community
  • Exterior features: Balcony
  • Spa features: Community
  • Has view: Yes
  • View description: Gulf,Water
  • Has water view: Yes
  • Water view: Gulf, Water
  • On waterfront: Yes
  • Waterfront features: Intracoastal Waterway

Lot

  • Lot size: 5 Acres
  • Features: Interior Lot

Parking

  • Parking features: 1 Space/Unit,Covered

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Tornado
    TornadoRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Coastal Flooding
Heat Wave
Strong Wind
Tsunami

FEMA Declared Disasters in Okaloosa County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,668$20,016
Home Insurance *$50$600
Property Taxes $364$4,368
Electricity $197$2,366
Total$2,279$27,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,137/yr
40% on housing$68,370/yr
45% on housing$60,773/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.8%
15.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$340This listing

vs Other Active Listings

Avg $/sqft

ZIP 32541$411
Okaloosa County$263

vs Homes Sold Last Month

Median $/sqft

ZIP 32541$401
Okaloosa County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-22Listed for sale$329,900
2026-01-01Listing removed$330,000
2025-10-23Listed for sale$330,000
2023-12-13Listing removed--
2023-11-22Price change$459,000
2023-10-17Price change$469,000
2023-09-11Listed for sale$479,000
2020-10-02Sold$198,500
2020-09-06Listed for sale$198,500
2018-04-25Listing removed$1,650
2018-01-08Listed for rent$1,650
2014-01-01Listing removed$1,450
2013-11-19Listed for rent$1,450
2012-04-11Sold$123,462

For Sale by Agent

AgentGinny Tolbert
BrokerageColdwell Banker Realty

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