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4203 Indian Bayou Trl #11110, Destin, FL, 32541

2beds
2baths
970sqft
$349,900
$361price/sqft
$2,360/moest. monthly cost
$94,400/yrincome needed

About This Home

Experience one of the best views from The Palms of Destin! This gorgeous, 11th floor unit has unobstructed views of Henderson Beach and the Beautiful Emerald Coast! This unit comes fully furnished ready to become your turnkey rental investment opportunity. Amenities include an 11,000 sq. ft. lagoon pool with waterfalls, a large hot tub set within a lush 2-acre oasis, a children's pool and splash pad, a state-of-the-art fitness center, outdoor pickleball, tennis, and basketball courts, an outdoor grilling area, and more. Also on property is a restaurant, bar, and coffee shop. With its prime location, this condo is an exceptional investment and a great beach retreat. Home Warranty Included.

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: Construction Complete
  • Year built: 2007

Materials

  • Roof: Metal
  • Construction materials: Concrete,Stucco,Steel Frame

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Washer
  • Laundry features: Washer/Dryer Hookup

Bedroom

  • Level: First
  • Area: 100
  • Dimensions: 10 x 10

Bedrooms & Bathrooms

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

Dining Room

  • Level: First
  • Area: 308
  • Dimensions: 22 x 14

Features

  • Breakfast Bar,Recessed Lighting,Pantry
  • Window features: Window Treatments
  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

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

Kitchen

  • Level: First
  • Area: 90
  • Dimensions: 10 x 9

Master Bedroom

  • Level: First
  • Area: 156
  • Dimensions: 13 x 12

Property

Details

  • Parcel number: 002S22231100011110

Features

  • Exterior features: Balcony
  • Has view: Yes
  • View description: Bay,Gulf
  • Has water view: Yes
  • Water view: Bay,Gulf

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $1,769$21,228
Home Insurance *$53$636
Property Taxes $341$4,092
Electricity $197$2,366
Total$2,360$28,320
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$80,914/yr
40% on housing$70,800/yr
45% on housing$62,933/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

$361This 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
2026-07-23Price change$349,900
2026-06-10Price change$360,000
2026-05-11Listed for sale$375,000
2021-02-18Sold$241,000
2021-01-06Listed for sale$225,000
2016-08-15Sold$167,900
2016-08-10Pending sale$172,000
2016-06-21Price change$172,000
2016-05-25Price change$179,900
2016-04-22Listed for sale$175,000
2015-07-30Listing removed$183,900
2015-03-26Listed for sale$183,900
2010-05-03Sold$146,000

For Sale by Agent

AgentAustin G O'Dom
BrokerageBastion Realty LLC

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