$399,000

4207 Indian Bayou Trail, UNIT 2501, Destin, FL 32541

2 beds |
2 baths |
1,175 sqft

Condominium
Built in 2007
—— sqft lot
—— car garage
$340/sqft
Listed 7 months ago

Property Description

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!

Listing Status:: Active
Date Added:: November 1, 2025 at 05:00AM
Listing Office:: Go Coastal Realty LLC : 850-714-7600
Listing Agent:: Nichole P Causton : 850-714-7600
MLS ID:: 975320

General: Breakfast Bar
Appliances: CooktopDishwasherDisposalDryerMicrowaveIce MakerElectric RangeWasherElectric Water Heater
Flooring: TileCarpet
A/C: Ceiling Fan(s)
Heating:

General: BalconyTennis Court(s)
Style: N/A
Pool: In Ground
Parking: Garage

HOA Amenities: ElectricityInsuranceManagementRecreational FacltySecuritySewerTelephoneTrashWaterMaster AssociationInternet4358.62Quarterly
Golf: DumpsterElevatorsExercise RoomGame RoomPavillion/GazeboPicnic AreaPlaygroundPoolTV CableTennis Court(s)WhirlpoolPets Allowed
Originating MLS: Emerald Coast Association of REALTORS®
County: Okaloosa

Zoning: 00-2S-22-2310-0000-2501
View: BayGulf

Utilities: Electricity ConnectedPhone AvailableCable Available
Sewer: 0

Source: Emerald Coast Association of REALTORS®

This listing courtesy of Nichole P Causton, Go Coastal Realty LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Destin Middle School

4608 Legendary Marina Dr, Destin, FL, 32541

Grades 5-8

2.00 miles away

Destin Middle School

4608 Legendary Marina Dr, Destin, FL, 32541

Grades 5-8

2.00 miles away

Okaloosa Virtual Instruction Program

120 Lowery Pl SE, Fort Walton Beach, FL, 32548

Grades KG-12

9.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.