4207 indian bayou trail

Destin, FL 32541

$399,000

2 BEDS 2 BATHS
Residential - Condo
Image 1: Primary
Image 2: 4201 Indian Bayou Trail 2501 Destin FL 3
Image 3: 4201 Indian Bayou Trail 2501 Destin FL 3
Image 4: 4201 Indian Bayou Trail 2501 Destin FL 3
Bedrooms 2
Total Baths 2
Status Active
MLS # 975320
County Okaloosa
More Info
Category Residential - Condo
Status Active
MLS # 975320
County Okaloosa
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!

Exterior Features

  • Style N/A
  • Construction Condo
  • Exterior Balcony, Tennis Court
  • Garage No
  • Sewer Public Sewer

Interior Features

  • Appliances Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
  • Heating Central
  • Year Built 2007
  • Stories 12

Neighborhood & Schools

  • Subdivision THE PALMS OF DESTIN
  • Elementary School Destin
  • Middle School Destin
  • High School Fort Walton Beach

Financial Information

  • Parcel ID 00-2S-22-2310-0000-2501

Listing Information

Listing Provided Courtesy of Go Coastal Realty LLC
Emerald Coast Association of REALTORS
Listing data is current as of 08/26/2026.

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