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4203 Indian Bayou Trail UNIT 11209, Destin, FL 32541

$349,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 970 Status: Active
Current Price: $349,000 List Date: 4/23/2025 Last Modified: 1/10/2026

Description

Exceptional opportunity to own a well established rental machine! Unit 11209 has had a stellar 4.86 rating on Airbnb with an outstanding $61k average gross rental income over the past 3 years ($70k 2022, $62K 2023 and $53k 2024)! Not only are you getting a unit with a proven income track record, but Year-to-date, an already earned over $47.1k with $2400 in confirmed future bookings. This junior suite, 2 bedroom, 2 bath unit is being sold turnkey and fully furnished!

Supplements: With six years of experience as a Superhost and being recognized as a guest favorite, this high-performing listing ensures quick rentals and provides significant advantages over starting from scratch. Additionally, it ranks among the top-rated properties in Destin. The Palms of Destin is an excellent investment opportunity, second home, or primary residence. This resort allows you to park and relax without ever needing to drive during your vacation. Enjoy the convenience of an on-site restaurant and coffee bar, along with a seasonal shuttle service that runs to various attractions in the area. Notably, HOA fees cover all utilities, including electricity, water, trash, Wi-Fi, and cable! During the day you are sure to enjoy the exterior features of the 11,000 sq ft lagoon pool, w/ waterfalls and bridges within the 2 acre ''oasis''. The children's pool and interactive splash fountain will provide hours of enjoyment while the parents enjoy a swim, or lounging with a drink from the on site restaurant and coffee shop. The Palms also features a new state of the art fitness center, pickle ball (outdoor), tennis and basketball court, seasonal shuttle, a new outdoor grilling area and an electric car charging station! Look no further as The Palms Resort and Conference center is a 5 star resort with amenities hard to beat! Then in the evening, you will find yourself on the balcony enjoying the breathtaking sunsets! Call your favorite agent for a showing today! While we believe all information to be accurate, buyer to verify all information including dimensions.

More Information MLS# 974608

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 359.79 List Date: 2025-04-23 Current Price: $349,000 List Price: $349,000

Location, Tax and Legal

Unit #: UNIT 11209 Sub Area: 1403 - Destin Northwest Elementary School: Destin Middle School: Destin High School: Fort Walton Beach Legal Description: THE PALMS OF DESTIN RESORT CONFERENCE CENTER PH 2 UNIT 11209

General Property Info

Sub-Type: Condominium Design: N/A SqFt Source: County PA Records Stories In Unit: 1 # of Units in Bldg: 203 Stories in Building: 12 Unit Floors Above Ground: 12 Immediate Occupancy: Yes Pre-Const Flip: No Garage: Yes Carport: No Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 970 Bedrooms: 2 Full Baths: 2 Total Bathrooms: 2 Year Built: 2007

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 3705.27 Annual Assessment Amount: 14821.08 Assessment Paid: Quarterly New Buyer Fee: Yes New Buyer Fee Amt: 1199.39 New Buyer Fee Paid: $ Last Taxes: 3294.55 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Exceptional opportunity to own a well established rental machine! Unit 11209 has had a stellar 4.86 rating on Airbnb with an outstanding $61k average gross rental income over the past 3 years ($70k 2022, $62K 2023 and $53k 2024)! Not only are you getting a unit with a proven income track record, but Year-to-date, an already earned over $47.1k with $2400 in confirmed future bookings. This junior suite, 2 bedroom, 2 bath unit is being sold turnkey and fully furnished!

Construction Status

Construction Complete: 1

Parking Features

Garage: 1

Waterview

Bay: 1 Gulf: 1

Project Facilities

BBQ Pit/Grill: 1 Dumpster: 1 Elevators: 1 Exercise Room: 1 Gated Community: 1 Handicap Provisions: 1 Pets Allowed: 1 Pickle Ball: 1 Playground: 1 Pool: 1 Short Term Rental - Allowed: 1 Tennis: 1 TV Cable: 1 Whirlpool: 1

Construction/Siding

Block: 1 Concrete: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Exterior

Balcony: 1

Interior

Breakfast Bar: 1 Floor Vinyl: 1 Furnished - All: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1 Woodwork Painted: 1

Financing

Other: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Fire Alarm/Sprinkler: 1 Microwave: 1 Refrigerator: 1 Refrigerator W/IceMk: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - Central Elect: 1 Heat Cntrl Electric: 1

Mstr Bdrm/Mstr Bath

MBath Garden Tub: 1

Master Bedroom

First: 1

Bedroom

First: 1

Kitchen

First: 1

Rooms

Bedroom: 1 Dining Room: 1 Kitchen: 1 Master Bathroom: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Electricity: 1 Ground Keeping: 1 Internet Service: 1 Legal: 1 Master Association: 1 Security: 1 Sewer: 1 Trash: 1 TV Cable: 1 Water: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 14 - Destin Street #: 4203 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-22-2311-0001-1209

Property Features

Construction Status: Construction Complete Waterview: Bay; Gulf Parking Features: Garage Project Facilities: BBQ Pit/Grill; Dumpster; Elevators; Exercise Room; Gated Community; Handicap Provisions; Pets Allowed; Pickle Ball; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Whirlpool Exterior: Balcony Interior: Breakfast Bar; Floor Vinyl; Furnished - All; Washer/Dryer Hookup; Window Treatment All; Woodwork Painted Appliances: Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Microwave; Refrigerator; Refrigerator W/IceMk; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Heat Cntrl Electric Master Bedroom: First Bedroom: First Kitchen: First Rooms: Bedroom; Dining Room; Kitchen; Master Bathroom; Master Bedroom Financing: Other Fees Include: Accounting; Electricity; Ground Keeping; Internet Service; Legal; Master Association; Security; Trash; TV Cable; Water

Room Information

Dining Room Level: First Dimensions: 14.7 x 7 Length: 14.70 Width: 7.00 Remarks: Dining/Living Combo Dimensions: 14.7 x 7 Kitchen Level: First Dimensions: 10 x 3 Length: 10.00 Width: 3.00 Dimensions: 10 x 3 Master Bedroom Level: First Dimensions: 13.9 x 12.4 Length: 13.90 Width: 12.40 Dimensions: 13.9 x 12.4 Bedroom Level: First Dimensions: 7.1 x 6.9 Length: 7.10 Width: 6.90 Dimensions: 7.1 x 6.9 Master Bathroom Level: First Dimensions: 5.2 x 5.1 Length: 5.20 Width: 5.10 Dimensions: 5.2 x 5.1
Listing Office: Go Coastal Realty LLC
Last Updated: January - 10 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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