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4203 Indian Bayou Trail Unit 1116, Destin, FL 32541

Destin, FL 32541
  • 2 Beds
  • 2 Baths
  • 1,150 Sq Ft
  • 2007 Built
  • MLS 992753

About this home

Act fast on this one! Think easy living and easy rentals. Comfortably furnished with some updates this Palms of Destin condo is just steps from the lagoon pool, located on the ground floor, and already producing rental income. This 1,150 sq ft, 2-bedroom, 2-bath condo is fully furnished and move-in or rental ready. Located on the highly desirable first floor, it offers effortless access to the resort's best amenities without stairs or elevators. Inside, you'll find granite countertops, maple cabinetry, and stylish coastal touches throughout. Water heater and HVAC were both replaced in 2021. Quarterly COA dues cover water, electric, internet, TV, and trash, keeping things simple for second-homeowners and investors alike. Recent gross rental income: 2026 YTD Rental Numbers: $9124. through May 2026, ask for update July 10th, 2025: $24,204, 2024: $21,361. Live like you're on vacation every day with unmatched amenities: 11,000 sq ft lagoon pool with waterfall and spa, splash pad, playground, fitness center, pickleball, tennis, basketball, EV charging, Tiki Bar, coffee shop, and an on-site restaurant. Plus, enjoy seasonal beach shuttle service and 24-hour security in this gated resort. All of this is just minutes from Henderson Beach State Park, HarborWalk Village, Mattie Kelly Arts Center, and top shopping and dining. Whether you're looking for a smart rental or a dreamy getaway you'll actually use, this is the one to see. Call or text to schedule your private showing today and take advantage of free home warranty provided by the seller.

Property details

Property typeCondominium
StatusActive
Area14 - Destin
SubdivisionThe Palms Of Destin Resort & Conference Center
CityDestin
CountyOkaloosa
Zip32541
StyleN/A
Taxes$3,857
Tax year2025
HOAYes

Interior

Total rooms8
Full baths2
Half baths0
AppliancesDishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
CoolingCentral Air, Ceiling Fan(s)
HeatingCentral
FlooringTile
Interior featuresBreakfast Bar, Split Bedroom, Washer/Dryer Hookup
FurnishedFurnished

Exterior & lot

RoofMetal
Exterior featuresBalcony

Schools

ElementaryDestin
MiddleDestin
HighDestin

Community

Community featuresBBQ Pit/Grill, Elevators, Exercise Room, Handicap Provisions, Picnic Area, Playground, Pool, TV Cable, Tennis Court(s), Whirlpool, Pets Allowed, Pickleball, Short Term Rental - Allowed
DirectionsDirections: From Destin Commons, head west on Hwy 98/Emerald Coast Parkway. Continue approximately 1.5 miles. The Palms of Destin is located on the south side of Hwy 98, directly across from Silver Shells Beach Resort and just west of Walmart, at the corner of Hwy 98 and Indian Bayou Trail. If previously arranged with the listing agent, please stop by the Compass Concierge Desk to pick up key.

Data source: Emerald Coast Association of REALTORS®

Location

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