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About This Home
This 2-bedroom, 2-bathroom condo at 4203 Indian Bayou Trail in Destin, FL is listed for $319,000 ($277 per sqft). Built in 2007, the home offers 1,150 sqft of living space on a N/A lot.
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: 2025 YTD: $23,260, 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.
Key Features
- Built in 2007
- 2 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$6,099/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4203 Indian Bayou Trail
Destin, FL 32541
The Palms Of Destin Resort & Conference Center
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom condo at 4203 Indian Bayou Trail is listed at $319,000 ($277/sqft). The estimated monthly payment is $5,775 based on 20% down at 6.5% interest.
HOA fees are $4393/month.
Key features include: Built in 2007, 2 parking spaces. Interior Features: Breakfast Bar, Split Bedroom, Washer/Dryer Hookup. Exterior Features: Balcony.
This property is listed by Doshia A Myers and can be reached at 8506873000 or doshia.myers@theagencyre.com.
