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

Destin
Local realty services provided by:CENTURY 21 Ryan Realty
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:458 day(s) ago
  • Updated:August 03, 2026 at 02:52 PM

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
The information being provided by Emerald Coast Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast Association Of REALTORS®. CENTURY 21 Ryan Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Ryan Realty, a broker participant of Emerald Coast Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Emerald Coast Association Of REALTORS®. All rights reserved.

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