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About This Home

This 2-bedroom, 2-bathroom condo at 4203 Indian Bayou Trail in Destin, FL is listed for $319,990 ($330 per sqft). Built in 2007, the home offers 970 sqft of living space on a N/A lot.

Agent Description

Experience elevated coastal living from this 8th-floor, 2-bedroom, 2-bath condo offering one of the most sought-after views in the building. Positioned above the community, this unit overlooks the resort-style 11,000 sq ft zero-entry lagoon pool with a clear, unobstructed perspective that lower-floor units simply cannot match.

The elevated vantage point also captures beautiful Emerald Coast sunsets, creating a standout backdrop both day and night. Inside, the condo has been fully refreshed and is completely move-in or rental ready. Updates include modern cabinetry, upgraded lighting, and a bright, neutral interior that feels open, clean, and easy to maintain.

A brand-new $8,000 HVAC system adds valuable peace of mind, ensuring efficient and reliable comfort year-round for both owners and guests. The private balcony extends the living space outdoors, offering a front-row seat to the pool area and resort grounds below.

It's a natural extension of the unit and one of the key features that enhances both personal enjoyment and rental appeal. This is a true resort-style community with amenities designed for flexibility and convenience, including a lagoon-style pool, heated pool, hot tub, fitness center, pickleball and basketball courts, and on-site dining options such as a cafe, bistro, and restaurant.

A seasonal shuttle also provides easy access to the sugar-white beaches of the Emerald Coast, making beach days simple and stress-free. From an investment standpoint, this property has already generated over $45,000 in gross rental income, demonstrating strong performance and consistent demand.

Whether used as a personal getaway, full-time second home, or income-producing rental, the property offers versatility in one of the most desirable coastal markets. With its high-floor positioning, proven rental history, and updated interior, this unit stands out as a strong option in the community for both lifestyle buyers and investors alike.

Key Features

  • Built in 2007

Property Details

2 full
#1809
2007

Amenities

A/C

Monthly Cost Estimate

$5,309/mo

20% down · 6.5% · 30 years

Principal$231
Interest$1,387
Insurance$93
HOA$3,598

Estimates only. Actual payments may vary.

Location

4203 Indian Bayou Trail

Destin, FL 32541

THE PALMS OF DESTIN

Features & Amenities

Interior Features

Breakfast BarNewly PaintedWasher/Dryer Hookup

Exterior Features

BBQ Pit/GrillHot TubTennis Court

Property Details

Flooring

Laminate

Construction

Concrete

Parking

Garage - Detached

Heating

Central

Cooling

Central Air

Appliances

CooktopDishwasherDisposalRefrigeratorStove/Oven Electric

Questions & Answers

This 2-bedroom, 2-bathroom condo at 4203 Indian Bayou Trail is listed at $319,990 ($330/sqft). The estimated monthly payment is $4,985 based on 20% down at 6.5% interest.

HOA fees are $3598/month.

Key features include: Built in 2007. Interior Features: Breakfast Bar, Newly Painted, Washer/Dryer Hookup. Exterior Features: BBQ Pit/Grill, Hot Tub, Tennis Court.

This property is listed by Jessica Mackrael and can be reached at 8506879888 or jessica.mackrael@cbrealty.com.

JM

Jessica Mackrael

Agent at Coldwell Banker Realty

(850) 687-9888

Listed by Coldwell Banker Realty · View on Broker Site

MLS# 995179· Source: listhub· Updated 109 days ago

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4203 Indian Bayou Trail, Destin, FL 32541

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