4207 Indian Bayou TRL #UNIT 2501 Destin, FL 32541
Open House
Fri Jan 09, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,175 sqft
Price per Sqft $339
Subdivision The Palms Of Destin
MLS Listing ID 975320
Bedrooms 2
Full Baths 2
HOA Y/N Yes
Year Built 2007
Annual Tax Amount $3,677
Tax Year 2025
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 1175
Property Description
This full two-bedroom unit is located on the 5th floor with desirable views of the pools, palm trees, and the Gulf. The property has a solid rental history, generating over $200,000 in the past five years with owner-occupancy. In 2025 alone, the unit has already generated more than $40,000 in rental income, with significant availability remaining for additional bookings.
Purchase today and begin earning income immediately at closing, without the added expense of HOA dues through the winter season. You absolutely can't miss this opportunity to own at The Palms of Destin! At 1,175 sqft, this is one of the largest 2-bedroom units in the tower, offering generous living space and unmatched comfort plus 2 balconies! Enjoy maintenance-free living- hvac (inside and outside components) and water heater were replaced in 2022.This beautifully decorated condo is turnkey/ move-in ready, featuring tile flooring throughout, a stackable washer/dryer plus upgraded tv's and furnishings. Did we mention covered garage parking?? You'll never have to worry about finding a parking spot!
Whether you're looking for a dream beach getaway or a profitable investment, this unit checks all the boxes. Don't wait-this is exactly what you have been looking for!
Location
State FL
County Okaloosa
Community Dumpster, Elevators, Exercise Room, Game Room, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, Tv Cable, Whirlpool
Area 14 - Destin
Direction HWY 98 to Indian Bayou Trail. Turn right into the Palms of Destin. Unit is in the west tower on the 5th floor.
Rooms
Primary Bedroom Level Main
Master Bedroom true
Dining Room true
Kitchen true
Interior
Interior Features Breakfast Bar
Heating Central
Cooling Ceiling Fans, Central Air
Flooring Floor Tile, Floor WW Carpet
Furnishings Furnished - All
Appliance Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
Exterior
Exterior Feature Balcony, Tennis Court, In-Ground Pool, Balcony
Parking Features Garage
Pool Pool - In-Ground, Pool Type
Community Features Dumpster, Elevators, Exercise Room, Game Room, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Whirlpool
Utilities Available Electric, Phone, Public Water, TV Cable
View Gulf, Bay
Roof Type Metal
Accessibility 203
Garage No
Building
Faces HWY 98 to Indian Bayou Trail. Turn right into the Palms of Destin. Unit is in the west tower on the 5th floor.
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Destin
Middle Schools Destin
High Schools Fort Walton Beach
Others
Pets Allowed No
HOA Fee Include Accounting,Electricity,Ground Keeping,Insurance,Internet Service,Management,Master Association,Recreational Faclty,Security,Sewer,Telephone,Water,Cable TV,Trash
Tax ID 00-2S-22-2310-0000-2501
Miscellaneous Motivated seller - this is a strong investment opportunity at The Palms of Destin. This full two-bedroom unit is located on the 5th floor with desirable views of the pools, palm trees, and the Gulf. The property has a solid rental history, generating over $200,000 in the past five years with owner-occupancy. In 2025 alone, the unit has already generated more than $40,000 in rental income, with significant availability remaining for additional bookings. Purchase today and begin earning income immediately at closing, without the added expense of HOA dues through the winter season. You absolutely can't miss this opportunity to own at The Palms of Destin!
GET MORE INFORMATION