4207 Indian Bayou Trail 2214
Destin, FL 32541
$325,000
Active
Description
Remodeled and meticulously maintained, this lower-level 2nd-floor condo at The Palms of Destin is a true rental gem with upgrades throughout and a proven rental history! The unit has been thoughtfully refreshed with new flooring throughout, fresh paint, an upgraded kitchen with quartz countertops, cabinetry and hardware, stainless-steel appliances, newer HVAC (2022) , hot water heater (2022), full-size washer/dryer, updated bathroom vanity tops and lighting, ceiling fans, and new TVs. Coastal furnishings and décor complement the relaxed Florida lifestyle, while both the living room and primary bedroom offer direct access to the spacious balcony overlooking the beautifully landscaped tropical grounds, creating a peaceful and private setting for owners and guests.
The condo has generated impressive gross rental income, including $45,249 in 2021, $47,388 in 2022, $45,389 in 2023 and $30,316 in 2024-totaling almost $200k over the previous 5 years! The owner chose to occupy the property as their personal residence in 2025 and 2026, so there was no rental income during those years.
Listing details MLS# 1011966
Location, Tax and Legal
- Area
- 14 - Destin
- Sub area
- 1403 - Destin Northwest
- Subdivision
- THE PALMS OF DESTIN
- County
- Okaloosa
- Parcel ID
- 00-2S-22-2310-0000-2214
- Tax year
- 2025
- Annual tax
- 2594.08
- Legal description
- THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 1 UNIT 2214
General Property Info
- Property type
- Residential
- Year built
- 2007
- Stories
- 12
- New construction
- No
- Condition
- Renovated, Construction Complete
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Full baths
- 2
- Building area
- 970
- Heating
- Central
- Cooling
- Ceiling Fans, Central Air
- Flooring
- Floor Laminate, Floor Tile, Floor Vinyl
- Interior features
- Breakfast Bar, Elevator, Owner's Closet, Pantry, Washer/Dryer Hookup
- Appliances
- Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
- Total rooms
- 5
Exterior and Site
- Construction
- Concrete
- Roof
- Roof Flat
- Exterior features
- Balcony
- Patio and porch
- Patio Open
- Parking
- Garage, Garage Detached
- Garage spaces
- 2
- Pool
- No
- Pool features
- Pool Type
Utilities
- Utilities
- Electric, Public Water, TV Cable
- Sewer
- Public Sewer
Schools
- Elementary
- Destin
- Middle school
- Destin
- High school
- Destin
Association and Fees
- Association
- Yes
- Association fee
- 3705.27
- Fee frequency
- Quarterly
- Fee includes
- Accounting, Electricity, Ground Keeping, Insurance, Internet Service, Legal, Master Association, Other Utilities, Recreational Faclty, Security, Services, Sewer, Telephone, Water, Cable TV, Taxes, Trash
Remarks and Misc
- Directions
- Turn North off Hwy 98 onto Indian Bayou Trail then turn right into the Palms of Destin. The unit is in the West Tower on the 2nd floor.
