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4203 Indian Bayou Trail Unit 1116, Destin, FL 32541

$285,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,150 Status: Active
Current Price: $285,000 List Date: 1/13/2026 Last Modified: 10/08/2026

Overview

Description

Act fast on this one! Think easy living and easy rentals. Comfortably furnished with some updates this Palms of Destin condo is just steps from the lagoon pool, located on the ground floor, and already producing rental income. This 1,150 sq ft, 2-bedroom, 2-bath condo is fully furnished and move-in or rental ready. Located on the highly desirable first floor, it offers effortless access to the resort's best amenities without stairs or elevators. Inside, you'll find granite countertops, maple cabinetry, and stylish coastal touches throughout. Water heater and HVAC were both replaced in 2021. Quarterly COA dues cover water, electric, internet, TV, and trash, keeping things simple for second-homeowners and investors alike. Recent gross rental income: 2026 YTD Rental Numbers: $9124. through May 2026, ask for update July 10th, 2025: $24,204, 2024: $21,361.

Supplements: Live like you're on vacation every day with unmatched amenities: 11,000 sq ft lagoon pool with waterfall and spa, splash pad, playground, fitness center, pickleball, tennis, basketball, EV charging, Tiki Bar, coffee shop, and an on-site restaurant. Plus, enjoy seasonal beach shuttle service and 24-hour security in this gated resort. All of this is ...

Listing Details MLS# 992753

Contract Info

List Price/SqFt
247.83
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 Resort & Conference Center
Parcel ID
00-2S-22-2311-0000-1116

General Property Info

Sub-Type
Condominium
Design
N/A
Apx SqFt(Htd/Cooled)
1150
SqFt Source
County PA Records
Full Baths
2
Total Bathrooms
2
Stories In Unit
Yes
Stories in Building
12
Unit Floors Above Ground
Yes
Year Built
2007
Immediate Occupancy
Yes
Pre-Const Flip
No
Garage
No
Carport
No
Covered Spaces
2
Pool
Yes
Pool Type
Community

More Information

Property Features

Construction Status: Construction Complete Project Facilities: BBQ Pit/Grill; Elevators; Exercise Room; Handicap Provisions; Pets Allowed; Pickle Ball; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Whirlpool Exterior: Balcony Interior: Breakfast Bar; Floor Tile; Furnished - All; Split Bedroom; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Dryer; Microwave; Range Hood; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Stove/Oven Gas; Washer Utilities: Electric; Public Sewer; Public Water Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Storm Doors; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Full Bathroom: First Rooms: Balcony; Bedroom; Dining Area; Full Bathroom; Kitchen; Living Room; Master Bedroom Financing: Conventional; FHA; VA; Other Fees Include: Ground Keeping; Other Utilities; Recreational Faclty; Repairs/Maintenance; Trash; TV Cable; Water Existing Leases: Daily/Weekly; Negotiable

Room Information

Room Name Level Dimensions Length Width Remarks
Living Room First 14.4 x 11.2 14.40 11.20 PART OF DINING AREA
Master Bedroom First 13.9 x 15.3 13.90 15.30 OPENS ONTO PATIO, ENSUITE BATHROOM
Full Bathroom First 11.4 x 7.5 11.40 7.50
Kitchen First 10.7 x 11.8 10.70 11.80
Dining Area First 12.11 x 10.7 12.11 10.70 PART OF LIVING AREA
Bedroom First 11.5 x 14.11 11.50 14.11 OPENS ONTO PATIO
Full Bathroom First 5.11 x 9.6 5.11 9.60 OPENS TO LIVING ROOM
Balcony First 22.1 x 9.2 22.10 9.20 LARGE PANORAMIC PATIO

Documents

Listing Office: The Agency Northwest Florida Beaches
Last Updated: October - 08 - 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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