4207 Indian Bayou Trail #UNIT 2501, Destin, FL 32541

Destin
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

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...

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Home facts

  • Year built:2007
  • Subdivision & Development:THE PALMS OF DESTIN
  • Listing ID #:975320
  • Added:493 day(s) ago
  • Updated:September 07, 2026 at 07:27 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:4
  • Kitchen Description:Cooktop, Dishwasher, Disposal, Microwave, Refrigerator/Icemaker, Stove/Oven Electric
  • Living area:1,175 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:2007
  • Building area:1,175 sq. ft.
  • Exterior Features:Balcony, Tennis Court

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)

Features and amenities

  • Appliances:Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator w/Ice Maker, Stove/Oven Electric, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Breakfast Bar
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