4207 Indian Bayou Trail UNIT 21201
Destin, FL 32541
$499,900
Active
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 a Gulf View, and the 5 Star amenities it comes with.
Listing details MLS# 958253
Location, Tax and Legal
- Area
- 14 - Destin
- Sub area
- 1403 - Destin Northwest
- Subdivision
- THE PALMS OF DESTIN
- County
- Okaloosa
- Parcel ID
- 00-2S-22-2310-0002-1201
- Tax year
- 2025
- Annual tax
- 4438.54
- Legal description
- Unit 21201, Phase I, PALMS OF DESTIN RESORT ANO CONFERENCE CENTER, a Condominium, according to the Declaration of Condominium thereof recorded in Official Records Book 2757, Page 3305, of the Public Records of Okaloosa County, Florida, and all amendments thereto, together with its undivided share in the common elements.
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
- 1175
- Heating
- Central
- Cooling
- Ceiling Fans, Central Air
- Flooring
- Floor Tile, Floor Vinyl
- Interior features
- Elevator, Newly Painted, Owner's Closet, Pantry, Washer/Dryer Hookup
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Security System, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric
- Total rooms
- 4
Exterior and Site
- Construction
- Concrete, Block
- Roof
- Roof Flat
- Exterior features
- Balcony, BBQ Pit/Grill, Hot Tub, Pavillion/Gazebo, Sprinkler System, Tennis Court
- Parking
- Garage
- Pool features
- Pool - Heated, Pool - In-Ground, Pool Type
- View
- Gulf, Bay
Utilities
- Utilities
- Electric, Public Water, TV Cable
- Sewer
- Public Sewer
Schools
- Elementary
- Destin
- Middle school
- Destin
- High school
- Destin
Association and Fees
- Association
- Yes
- Fee includes
- Accounting, Electricity, Ground Keeping, Internet Service, Land Recreation, Other Utilities, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash
Remarks and Misc
- Directions
- Located on the Corner of Indian Bayou Trail and Emerald Coast Parkway, 1/2 mile to entrance of Henderson State Park Beach.
