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4203 Indian Bayou Trail UNIT 11209, Destin, FL 32541

$344,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 970 Status: Active
Current Price: $344,000 List Date: 4/23/2025 Last Modified: 2/26/2026

Overview

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, $53k 2024 and $52k in 2025)! Not only are you getting a unit with a proven income track record, but Year-to-date, already over $12k 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 ...

Listing Details MLS# 974608

Contract Info

List Price/SqFt
354.64
Listing Board
Emerald Coast

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

General Property Info

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

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

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
1235.09
New Buyer Fee Paid
$
Last Taxes
3294.55
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
No

More Information

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, $53k 2024 and $52k in 2025)! Not only are you getting a unit with a proven income track record, but Year-to-date, already over $12k in confirmed future bookings. This junior suite, 2 bedroom, 2 bath unit is being sold turnkey and fully furnished!

Construction Status

Construction Complete
Yes

Parking Features

Garage
Yes

Waterview

Bay
Yes
Gulf
Yes

Project Facilities

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

Construction/Siding

Block
Yes
Concrete
Yes

Utilities

Electric
Yes
Public Sewer
Yes
Public Water
Yes
TV Cable
Yes

Exterior

Balcony
Yes

Interior

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

Financing

Other
Yes

Appliances

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

Energy

AC - Central Elect
Yes
Heat Cntrl Electric
Yes

Mstr Bdrm/Mstr Bath

MBath Garden Tub
Yes

Master Bedroom

First
Yes

Bedroom

First
Yes

Kitchen

First
Yes

Rooms

Bedroom
Yes
Dining Room
Yes
Kitchen
Yes
Master Bathroom
Yes
Master Bedroom
Yes

Fees Include

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

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

Room Name Level Dimensions Length Width Remarks
Dining Room First 14.7 x 7 14.70 7.00 Dining/Living Combo
Kitchen First 10 x 3 10.00 3.00
Master Bedroom First 13.9 x 12.4 13.90 12.40
Bedroom First 7.1 x 6.9 7.10 6.90
Master Bathroom First 5.2 x 5.1 5.20 5.10
Listing Office: Go Coastal Realty LLC
Last Updated: February - 26 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 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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