Beach Homes Realty
Enter City, Zip or MLS

4203 indian bayou trail

Destin, FL 32541

$275,000

2 BEDS 2 BATHS
Residential - Condo
Image 1: Image00021
Image 2: Image00001
Image 3: Image00032
Image 4: Image00037
Bedrooms 2
Total Baths 2
Status Active
MLS # 987354
County Okaloosa
More Info
Category Residential - Condo
Status Active
MLS # 987354
County Okaloosa
7th floor turnkey condo at The Palms of Destin. Gulf and Destin Harbor views, fully furnished and backed by four years of proven rental income. HOA fees cover ALL utilities and amenities, including electric bill and internet. Most units in this resort promise rental potential. This one has the receipts: more than $50,000 in gross annual rent every year for the last four straight. That's actual performance, not a projection, with statements available on request. At $275,000, this is a rare thing in this building: an asset that's already earning, not one you have to prove out. Run your own numbers at the list price; they hold up. When you're using it yourself, the resort carries the lifestyle; multiple lagoon-style pools, a full fitness center, tennis, pickleball and basketball courts, an on-site restaurant, bar, and coffee shop, and a shuttle to the sand. 1704 lives bigger than its footprint: a king primary suite, a second bedroom with twin-over-full bunks that sleeps the whole family, updated flooring, and coastal furnishings throughout. Nothing to buy, nothing to fix. Use it, rent it, or both. Clean, proven, and earning the day you close.
Location not available
Listing
Street
Satellite

Exterior Features

  • Style N/A
  • Construction Condo
  • Garage No
  • Sewer Public Sewer

Interior Features

  • Appliances Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
  • Heating Central
  • Year Built 2007

Neighborhood & Schools

  • Subdivision THE PALMS OF DESTIN
  • Elementary School Destin
  • Middle School Destin
  • High School Destin

Financial Information

  • Parcel ID 00-2S-22-2311-0000-1704

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Dalton Wade Inc
Emerald Coast Association of REALTORS
Listing data is current as of 06/26/2026.

Contact Our Agent

By clicking “Submit,” I agree to be contacted by Lake Homes Realty, LLC, its affiliates, and real estate professionals via call, text, and email for real estate services. This includes by automated means, even if your number is on a federal, state, or our internal Do Not Call list. To opt out, you can reply "stop" at any time or reply "help" for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree to our Terms of Use and Privacy Policy.