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4203 Indian Bayou Trail UNIT 1415, Destin, FL 32541

Destin, FL 32541
  • 2 Beds
  • 2 Baths
  • 1,150 Sq Ft
  • 2007 Built
  • MLS 1001164

About this home

This unit just isn't beautiful...Its performing! With $56,244.20 in projected 2026 gross rental income, including $27,400.57 in upcoming reservations, this turnkey investment is ready to continue generating revenue day one! Welcome to your home away from home! This beautifully updated 4th-floor condo at the Palms of Destin Resort showcases stunning tropical pool views and offers the perfect blend of comfort, convenience, and investment potential. This spacious 2BR/2BA unit is sold fully furnished and completely turnkey--ready for immediate enjoyment or rental income. Thoughtful upgrades enhance both value and peace of mind. In 2022, all appliances were replaced with Whirlpool stainless steel models, including the refrigerator, stove/oven, microwave, and washer/dryer combo. Hot water heater replaced 2023. Inside, the open living area features comfortable seating with a new queen sleeper sofa and loveseat, a flat-screen TV, ceiling fan, and direct access to a private balcony--ideal for relaxing or entertaining. Both the primary and guest bedrooms offer king-sized beds and flat-screen TVs, creating a comfortable retreat after a day at the beach or pool. The Palms of Destin is ideal as an investment property, second home, or primary residence. Enjoy on-site dining, a coffee bar, and a seasonal shuttle to nearby attractions--allowing you to park and unwind without ever needing to drive. Even better, HOA dues cover all utilities, including electricity, water, trash, premium cable, and Wi-Fi. Resort-style amenities include an 11,000 sq ft lagoon pool with waterfalls and bridges, a children's pool and splash fountain, a state-of-the-art fitness center, indoor pickleball, tennis and basketball courts, outdoor grilling areas, and more--all within a beautifully landscaped 2-acre tropical setting. End your day on the private balcony, taking in breathtaking sunsets over the palm-lined resort. Don't miss this opportunity of owning a condo in one of Destin's most sought-after communities--schedule your private showing today! Electric vehicle charging stations are available in the parking garage, adding modern convenience for owners and guests. While all information is believed to be accurate, buyer to verify all details including dimensions.

Property details

Property typeCondominium
StatusActive
Area14 - Destin
SubdivisionTHE PALMS OF DESTIN
CityDestin
CountyOkaloosa
Zip32541
StyleN/A
Taxes$3,576
Tax year2025
HOAYes
ViewGulf

Interior

Total rooms6
Full baths2
Half baths0
AppliancesDishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
CoolingCentral Air, Ceiling Fan(s)
HeatingCentral
FlooringVinyl
Interior featuresBreakfast Bar, Owner's Closet, Pantry, Washer/Dryer Hookup
FurnishedFurnished

Exterior & lot

GarageYes
ParkingGarage
Exterior featuresBalcony

Schools

ElementaryDestin
MiddleDestin
HighFort Walton Beach

Community

Community featuresBBQ Pit/Grill, Community Room, Dumpster, Elevators, Exercise Room, Game Room, Gated, Handicap Provisions, Pavillion/Gazebo, Picnic Area, Playground, Pool, TV Cable, Tennis Court(s), Whirlpool, Pickleball, Short Term Rental - Allowed
DirectionsHwy 98 to INDIAN BAYOU TRAIL. Turn right into The Palms of Destin. Unit is in the East tower on the 4th floor.

Data source: Emerald Coast Association of REALTORS®

Location

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