4207 Indian Bayou Trail 21216, Destin, FL 32541

New Listing

$499,900

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,150 Status: Active

Current Price: $499,900 List Date: 10/14/2026 Last Modified: 10/14/2026

Overview

Description

PALMS PENTHOUSE: CORNER UNIT w/ PANORAMIC GULF VIEWS. Located on the 12th floor, this beautifully remodeled penthouse captures breathtaking views of the Gulf and spectacular sunsets from its expansive private balcony. Whether you're looking for a turnkey short-term rental investment, second home, or full-time coastal residence, this exceptional penthouse delivers the perfect combination of luxury, comfort, and resort-style living! Come inside to discover a bright, open-concept interior featuring beautiful LVP flooring, an updated kitchen with white quartz countertops & coordinating backsplash, painted cabinetry, and a spacious breakfast bar. Furnished in a contemporary coastal style, Both generously-sized bedrooms feature king beds & flat-screen televisions, offering comfortable accommodations for owners & guests alike. Recent owner improvements include a replacement water heater, dishwasher, washer and dryer, microwave, updated furnishings, and blackout curtains. Offered fully f ... (Read more)

Supplements: Bistro, and coffee shop. Enjoy an outstanding collection of resort amenities, including indoor & outdoor pickleball courts, tennis courts, basketball court, fitness center, playground, grilling & picnic areas, covered parking garage, and designated owners' parking. HOA dues include all utilities, even electricity & internet. Seasonal shuttle ser ... (Read more)

Listing Details MLS# 1013276

Contract Info

List Price/SqFt: 434.7
Listing Board: Emerald Coast

Location Tax and Legal

Area: 14 - Destin
Street #: 4207
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-22-2310-0002-1216

General Property Info

Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 1150
Balcony SqFt: 195
SqFt Source: Building Plan
Full Baths: 2
Total Bathrooms: 2
Stories In Unit: Yes
Stories in Building: 12
Unit Floors Above Ground: 12
Year Built: 2007
Immediate Occupancy: Yes
Pre-Const Flip: No
Garage: Yes
Carport: No
Pool: Yes
Pool Type: Community

More Information

Property Features

Sale Type: Accept Backup Offers Construction Status: Construction Complete Waterview: Bay; Gulf; Pond Parking Features: Garage Project Facilities: Dumpster; Elevators; Exercise Room; Handicap Provisions; Pets Allowed; Pickle Ball; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable Exterior: Patio Covered Interior: Breakfast Bar; Ceiling Crwn Molding; Furnished - All; Owner's Closet; Pantry; Renovated; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Rooms: Bedroom; Kitchen; Living Room; Master Bedroom Fees Include: Accounting; Electricity; Ground Keeping; Insurance; Internet Service; Legal; Management; Recreational Faclty; Repairs/Maintenance; Security; Taxes; Trash; TV Cable; Water

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Living Room	First	12 x 19	12.00	19.00	Dining/Kitchen Combo
Kitchen	First	10 x 9	10.00	9.00
Master Bedroom	First	10 x 12	10.00	12.00
Bedroom	First	11 x 11	11.00	11.00

Documents

#21216_Floor Plan ›

POD_Bldg 2 Floor Plan (12th floor) ›

Listing Office: Keller Williams Realty Destin

Last Updated: October - 14 - 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.