4203 Indian Bayou Trail UNIT 1415, Destin, FL 32541 (MLS# 1001164)

4203 Indian Bayou Trail UNIT 1415, Destin, FL 32541

$399,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,150 Status: Active
Current Price: $399,000 List Date: 7/06/2026 Last Modified: 9/21/2026

Overview

Description

This unit isn't just beautiful... it's a proven performer. With over $48,000 in gross rental income generated year-to-date and an additional $4,000+ in future bookings already secured, this property offers more than a beautiful place at the beach--it offers an established income-producing opportunity. Whether you're looking for your own Emerald Coast escape, an income-producing investment, or the best of both worlds, this one is already doing the work. The beach is beautiful. The numbers are even better. Welcome to your home away from home! This beautifully updated 4th-floor condo at the Palms of Destin Resort showcases stunning tropical pool views and offers the perfect blend of comfort, convenience, and investment potential. This spacious 2BR/2BA unit is sold fully furnished and completely turnkey--ready for immediate enjoyment or rental income. Thoughtful upgrades enhance both value and peace of mind. In 2022, all appliances were replaced with Whirlpool stainless steel ...

Supplements: Inside, the open living area features comfortable seating with a new queen sleeper sofa and loveseat, a flat-screen TV, ceiling fan, and direct access to a private balcony--ideal for relaxing or entertaining. Both the primary and guest bedrooms offer king-sized beds and flat-screen TVs, creating a comfortable retreat after a day at the beach or poo ...

Listing Details MLS# 1001164

Contract Info

List Price/SqFt
346.96
Listing Board
Emerald Coast

Location Tax and Legal

Area
14 - Destin
Street #
4203
Street Name
Indian Bayou
Street Suffix
Trail
State
FL
Zip Code
32541
County
Okaloosa
Project Name/Subdivision
THE PALMS OF DESTIN
Parcel ID
00-2S-22-2311-0000-1415

General Property Info

Sub-Type
Condominium
Design
N/A
Apx SqFt(Htd/Cooled)
1150
SqFt Source
County PA Records
Full Baths
2
Total Bathrooms
2
Stories In Unit
Yes
# of Units in Bldg
203
Stories in Building
12
Unit Floors Above Ground
4
Year Built
2007
Immediate Occupancy
Yes
Pre-Const Flip
No
Garage
Yes
Carport
No
Garage Spaces
2
Pool
Yes
Pool Type
Community

More Information

Property Features

Construction Status: Construction Complete Waterview: Gulf Parking Features: Garage Project Facilities: BBQ Pit/Grill; Community Room; Dumpster; Elevators; Exercise Room; Game Room; Gated Community; Handicap Provisions; Pavillion/Gazebo; Pickle Ball; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Whirlpool Exterior: Balcony Interior: Breakfast Bar; Floor Vinyl; Furnished - All; Owner's Closet; Pantry; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator W/IceMk; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; AC - High Efficiency; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Full Bathroom: First Rooms: Balcony; Bedroom; Full Bathroom; Kitchen; Living Room; Master Bedroom Assumable Mtg Typ: VA Fixed Financing: Conventional; VA; Other Fees Include: Accounting; Electricity; Ground Keeping; Internet Service; Legal; Management; Master Association; Recreational Faclty; Security; Telephone; Trash; TV Cable; Water

Room Information

Room Name Level Dimensions Length Width
Living Room First 23 x 11 23.00 11.00
Kitchen First 11 x 9 11.00 9.00
Master Bedroom First 17 x 15 17.00 15.00
Bedroom First 11 x 6 11.00 6.00
Full Bathroom First 9 x 6 9.00 6.00
Balcony First 19 x 9 19.00 9.00
Listing Office: Go Coastal Realty LLC
Last Updated: September - 21 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.