4207 Indian Bayou Trl Unit UNIT 2501, Destin, FL 32541

$399,000
2
BD
2
BA
1,175
SqFt

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List Price
$399,000
Days on Market
268
MLS#
975320
Status
ACTIVE
Type
Condo
Subtype
Condominium
Bedrooms
2
Bathrooms
2
Full Bathrooms
2
Living Area
1,175
Neighborhood
Destin Northwest

Property Description

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 ready, featuring tile flooring throughout, a stackable washer/dryer plus upgraded tv's and furnishings. Did we mention covered garage parking?? You'll never have to worry about finding a parking spot! Whether you're looking for a dream beach getaway or a profitable investment, this unit checks all the boxes. Don't wait-this is exactly what you have been looking for!

Additional Information

Appliances
Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
Elementary School
Destin
Exterior Features
Balcony, Tennis Court(s)
High School
Fort Walton Beach
Interior Features
Breakfast Area
Legal Description
THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 1 UNIT 2501
Middle School
Destin
Neighborhood
Destin Northwest
Parking Features
Garage
Community Features
Dumpster, Elevator, Exercise Room, Game Room, Pavillion/Gazebo, Picnic Area, Playground, Pool, Cable TV, Tennis Court(s), Spa/Hot Tub
Subdivision
The Palms Of Destin
View
Bay, Gulf
Year Built
2007

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Calculator source: Real Geeks

Listing courtesy of Go Coastal Realty LLC.

Vendor Member Number : 28166