Property Details

Listing # 975320 Details

$425,000
4207 Indian Bayou Trail
Destin, FL 32541

Property Inquiry

Contact Nichole Causton about this property!

*Required

1,175 Sq Ft.
Built 2007
2 Bed
2 Bath

Property Details

Seller will pay HOA dues through the first quarter of 2026, allowing the new owner to avoid the burden of winter HOA payments. 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! 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!

UNIT # UNIT 2501
COUNTY Okaloosa
SUBDIVISION THE PALMS OF DESTIN
PARCEL ID 00-2S-22-2310-0000-2501
TYPE Condominium
STYLE N/A
ACREAGE 0
LOT ACCESS N/A
LOT SIZE N/A
HOA INCLUDE Accounting,Electricity,Ground Keeping,Insurance,Internet Service,Management,Master Association,Recreational Faclty,Security,Sewer,Telephone,Trash,TV Cable,Water
HOA FEE 4358.62 (Quarterly)
UTILITIES Electric,Phone,Public Sewer,Public Water,TV Cable
PROJECT FACILITIES Dumpster,Elevators,Exercise Room,Game Room,Pavillion/Gazebo,Pets Allowed,Picnic Area,Playground,Pool,Tennis,TV Cable,Whirlpool
ZONING N/A
PARKING FEATURES Garage
APPLIANCES Cooktop,Dishwasher,Disposal,Dryer,Microwave,Refrigerator W/IceMk,Stove/Oven Electric,Washer
ENERGY AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Elect
INTERIOR Breakfast Bar,Floor Tile,Floor WW Carpet,Furnished - All
EXTERIOR Balcony,Pool - In-Ground,Tennis Court
ROOM DIMENSIONS Dining Room : 23 x 17
Master Bedroom : 16 x 14
Bedroom : 16 x 11
Kitchen : 17 x 9

Schools

Elementry, Destin
Middle, Destin
High, Fort Walton Beach

Location & Map

HWY 98 to Indian Bayou Trail. Turn right into the Palms of Destin. Unit is in the west tower on the 5th floor.