The Palms of Destin is a popular resort located close to Henderson Beach State Park off the Emerald Coast Parkway about half way between the Destin Harbor and Destin Commons. Two luxurious high rise towers host privately owned condominiums that most often serve as vacation rentals. The Palms of Destin also has a conference center and has a formal lobby with a concierge that serves its guests.
The two buildings are interconnected by the lobby and soar above a massive swimming pool that creates a sparkling lagoon-like oasis adorned with palm trees and lush landscaping. This property has a claim to fame as being home to Destin’s largest swimming pool and encompasses 11,000 square feet of freshwater fun and frolic. The zero entry pool contains almost 260,000 gallons of water. Another 21,000 gallon pool is heated for year round use and there is a large bubbling hot tub for soothing relaxation. Multiple waterfalls cascade down beside the pools and bridges crisscross the lovely lagoons to mini islands of clustered palms providing a tropical setting. All owners and guests have access to a private beach shuttle that whisks them away on a quick ride to the glistening gulf. Within minutes you may go from luxuriating in these manmade lagoons to taking a plunge in the expanse of the Gulf of Mexico.
The jewel toned waters can be seen in the distance from most of the breezy balconies that adjoin these residences which include between one to three bedrooms. The Palms of Destin also features a Kid’s Playground Area, a 2,265 square foot state of the arts Fitness Center, a spa, two tennis courts lighted for night time use and full a size basketball court. There is also a restaurant with a bar on site.
Condominium residences range in size from 970 to 1,175 square feet for those with two bedrooms and two baths. Three bedroom units that also have two bathrooms are 1,445 square feet. Currently there are thirty-four Palms of Destin units available for sale ranging from a low of $104,900 for a 970 square foot two bedroom unit up to a high of $399,000 for a premium 1,445 square foot unit with three bedrooms.
There are nineteen two bedroom properties with 970 square feet for sale ranging from $104,900 to $184,900. The average asking price for these two bedroom units comes in at $158,450 or $163.35 per square foot. There are seven two bedroom 1,175 square foot units for sale ranging in price from $189,750 to $260,000. The average list price is $212,900 or $181.20 per square foot. Three units with 1,445 square feet and three bedrooms are listed at between $325,000 to $399,000 with an average asking price at $373,000 or $258.13 per square foot.
HOA fees vary depending upon the size of the unit and are paid quarterly. Contact one of our Ocean Reef Real Estate Consultants today at 877.392.6085 for more information. Be sure to schedule an appointment in advance since many of these units are on a rental program and may not be immediately available.