4207 Indian Bayou Trail UNIT 21201, Destin, FL 32541 (MLS# 958253)

4207 Indian Bayou Trail UNIT 21201, Destin, FL 32541

$499,900
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,175 Status: Active
Current Price: $499,900 List Date: 9/02/2025 Last Modified: 10/11/2026

Overview

Description

WOW PENTHOUSE & GULF VIEWS! Great ROI in an amazing 5 Star Resort! This 'Guest favorite' is ranked 5 stars, and is ready to welcome you and your guests. With a Solid Book of Business at $67,238 so far YTD for 2026, this unit continues to out perform! No Wonder, it is a true penthouse level delight, with Gulf Views! Located on 12th level this renovated exquisite 2-bedroom, 2-bathroom condo redefines luxury living with its breathtaking beachside charm and Spectacular Gulf Views! '2 Balaconies' As you enter, you'll be greeted by crisp coastal white walls, complemented by beach inspired accents that evoke a sense of calm and spaciousness. The open-concept design seamlessly connects each area, allowing sunlight to illuminate the space and highlight the condo's stunning penthouse views of the Gulf and the Resorts 5 Star Lagoon Pool, and tropical filled grounds. An Incredible Investment Opportunity: with an amazing ROI, Impressive rental history $64,875 in 2025. Under $500,000 with ...

Supplements: Boasting a strong rental history and future bookings already in place, this condo is not just a beautiful home but a lucrative investment. Perfect for investors, this property is ready to start generating income immediately. A Kitchen Built for Culinary Masterpieces: This fully remodeled kitchen is a chef's paradise, featuring stylish maple cabin ...

Listing Details MLS# 958253

Contract Info

List Price/SqFt
425.45
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-22-2310-0002-1201

General Property Info

Sub-Type
Condominium
Design
N/A
Apx SqFt(Htd/Cooled)
1175
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
12
Year Built
2007
Immediate Occupancy
No
Pre-Const Flip
No
Garage
Yes
Carport
No
Pool
Yes
Pool Type
Community

More Information

Property Features

Construction Status: Construction Complete Waterview: Bay; Gulf; Gulf/Pass Parking Features: Garage Project Facilities: BBQ Pit/Grill; Community Room; Dumpster; Elevators; Exercise Room; Game Room; Gated Community; Pavillion/Gazebo; Pickle Ball; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Whirlpool Exterior: Balcony; BBQ Pit/Grill; Hot Tub; Pavillion/Gazebo; Pool - Heated; Pool - In-Ground; Sprinkler System; Tennis Court Interior: Elevator; Floor Tile; Floor Vinyl; Furnished - All; Newly Painted; Owner's Closet; Pantry; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Security System; Smoke Detector; Smooth Stovetop Rnge; Stove/Oven Electric Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Storm Doors; Storm Windows Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Rooms: Bedroom; Kitchen; Living Room; Master Bedroom Financing: Other Fees Include: Accounting; Electricity; Ground Keeping; Internet Service; Land Recreation; Other Utilities; Recreational Faclty; Security; Trash; TV Cable; Water

Room Information

Room Name Level Dimensions Length Width Remarks
Living Room First 21 x 12 21.00 12.00 Open Living concept
Kitchen First 10 x 9 10.00 9.00 Gourmet Kitchen
Master Bedroom First 15 x 14 15.00 14.00 Access to Balcony
Bedroom First 17 x 15 17.00 15.00 Second Balcony
Listing Office: Bastion Realty LLC
Last Updated: October - 11 - 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.