4203 Indian Bayou Trail UNIT 1415
Destin, FL 32541
$399,000
Active
Description
This unit just isn't beautiful...Its performing! With $56,244.20 in projected 2026 gross rental income, including $27,400.57 in upcoming reservations, this turnkey investment is ready to continue generating revenue day one!
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 models, including the refrigerator, stove/oven, microwave, and washer/dryer combo. Hot water heater replaced 2023.
Listing details MLS# 1001164
Location, Tax and Legal
- Area
- 14 - Destin
- Sub area
- 1403 - Destin Northwest
- Subdivision
- THE PALMS OF DESTIN
- County
- Okaloosa
- Parcel ID
- 00-2S-22-2311-0000-1415
- Tax year
- 2025
- Annual tax
- 3576.07
- Legal description
- THE PALMS OF DESTIN RESORT CONFERENCE CENTER PH 2 UNIT 1415
General Property Info
- Property type
- Residential
- Year built
- 2007
- Stories
- 12
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Full baths
- 2
- Half baths
- 0
- Building area
- 1150
- Heating
- Central
- Cooling
- Ceiling Fans, Central Air
- Flooring
- Floor Vinyl
- Interior features
- Breakfast Bar, Owner's Closet, Pantry, Washer/Dryer Hookup
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
- Total rooms
- 6
Exterior and Site
- Construction
- Concrete
- Exterior features
- Balcony
- Parking
- Garage
- Garage spaces
- 2
- Pool features
- Pool Type
- View
- Gulf
Utilities
- Utilities
- Electric, Public Water, TV Cable
- Sewer
- Public Sewer
Schools
- Elementary
- Destin
- Middle school
- Destin
- High school
- Fort Walton Beach
Association and Fees
- Association
- Yes
- Fee includes
- Accounting, Electricity, Ground Keeping, Internet Service, Legal, Management, Master Association, Recreational Faclty, Security, Sewer, Telephone, Water, Cable TV, Trash
Remarks and Misc
- Directions
- Hwy 98 to INDIAN BAYOU TRAIL. Turn right into The Palms of Destin. Unit is in the East tower on the 4th floor.
