« Back to results

4207 Indian Bayou Trail UNIT 2501, Destin, FL 32541

Destin, FL 32541
  • 2 Beds
  • 2 Baths
  • 1,175 Sq Ft
  • 2007 Built
  • MLS 975320

About this home

YTD 2026 GROSS RENTAL INCOME AS OF END OF JUNE $33908.35 with 2025 YE at $44,036.34. 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 $240,000 in the past six years with owner-occupancy. In 2025 alone, the unit generated more than $40,000 in rental income! YTD unit has over $12k in bookings from March to July with plenty more availability! Purchase today and begin earning income immediately at closing. 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!

Property details

Property typeCondominium
StatusActive
Area14 - Destin
SubdivisionTHE PALMS OF DESTIN
CityDestin
CountyOkaloosa
Zip32541
StyleN/A
Taxes$3,678
Tax year2025
HOAYes
ViewBay, Gulf

Interior

Total rooms4
Full baths2
AppliancesCooktop, Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
CoolingCentral Air, Ceiling Fan(s)
HeatingCentral
FlooringTile, Carpet
Interior featuresBreakfast Bar
FurnishedFurnished

Exterior & lot

RoofMetal
PoolIn Ground
GarageYes
ParkingGarage
Exterior featuresBalcony, Tennis Court(s)

Schools

ElementaryDestin
MiddleDestin
HighFort Walton Beach

Community

Community featuresDumpster, Elevators, Exercise Room, Game Room, Pavillion/Gazebo, Picnic Area, Playground, Pool, TV Cable, Tennis Court(s), Whirlpool, Pets Allowed
DirectionsHWY 98 to Indian Bayou Trail. Turn right into the Palms of Destin. Unit is in the west tower on the 5th floor.

Data source: Emerald Coast Association of REALTORS®

Location

Ready to see it in person?

Team Turner (Counts Real Estate Group) can set up a private showing or send you full details.

Request a showing

Similar homes