4207 Indian Bayou Trail #UNIT 2501, Destin, FL 32541
Local realty services provided by:ERA American Real Estate
4207 Indian Bayou Trail #UNIT 2501,Destin, FL 32541
$399,000
- 2 Beds
- 2 Baths
- 1,175 sq. ft.
- Condominium
- Active
Listed by: nichole p causton
Office: go coastal realty llc.
MLS#:975320
Source:FL_ECAR
Price summary
- Price:$399,000
- Price per sq. ft.:$339.57
About this home
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!
Contact an agent
Home facts
- Year built:2007
- Listing ID #:975320
- Added:260 day(s) ago
- Updated:January 17, 2026 at 08:31 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,175 sq. ft.
Structure and exterior
- Year built:2007
- Building area:1,175 sq. ft.
Schools
- High school:Fort Walton Beach
- Middle school:Destin
- Elementary school:Destin
Utilities
- Water:Public Water
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$339.57
- Tax amount:$3,678 (2025)
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