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4207 Indian Bayou Trail UNIT 21201, Destin, FL 32541

$539,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,175 Status: Active
Current Price: $539,000 List Date: 9/02/2025 Last Modified: 9/09/2025

Overview

Description

WOW PENTHOUSE & GULF VIEWS! This 'Guest favorite' is ranked 5 stars, and is ready to welcome you and your guests. Located at the penthouse 12th level this renovated exquisite 2-bedroom, 2-bathroom condo redefines luxury living with its breathtaking beachside charm and Spectacular Gulf Views! 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 $$67,311 for 2024

Supplements: and $59,540 so far in 2025, Boasting a strong rental history and future bookings already in place, this condo is not just a beautiful home but a lucrative investment. Perfect for investors, this property is ready to start generating income immediately. A Kitchen Built for Culinary Masterpieces: This fully remodeled kitchen is a chef's paradise, f ...

Listing Details MLS# 958253

Contract Info

List Price/SqFt
458.72
Listing Board
Emerald Coast

Location Tax and Legal

Area
14 - Destin
Street #
4207
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-22-2310-0002-1201

General Property Info

Sub-Type
Condominium
Design
N/A
Apx SqFt(Htd/Cooled)
1175
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
No
Pre-Const Flip
No
Garage
Yes
Carport
No
Pool
Yes
Pool Type
Community

Location, Tax and Legal

Unit #
UNIT 21201
Sub Area
1403 - Destin Northwest
Elementary School
Destin
Middle School
Destin
High School
Destin
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.

Listing Info, Tax & Legal

Homestead
No
Is Subject Leased
No
Assessment Fees
Yes
Assessment Amount
4358.62
Annual Assessment Amount
17434.48
Assessment Paid
Quarterly
New Buyer Fee
Yes
New Buyer Fee Amt
1452.87
New Buyer Fee Paid
$
Last Taxes
4407.79
Last Tax Year
2023
Brokerage Interest
No Interest
As Is
No

More Information

Remarks & Misc

Remarks
WOW PENTHOUSE & GULF VIEWS! This 'Guest favorite' is ranked 5 stars, and is ready to welcome you and your guests. Located at the penthouse 12th level this renovated exquisite 2-bedroom, 2-bathroom condo redefines luxury living with its breathtaking beachside charm and Spectacular Gulf Views! 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 $$67,311 for 2024

Construction Status

Construction Complete
Yes

Parking Features

Garage
Yes

Waterview

Bay
Yes
Gulf
Yes
Gulf/Pass
Yes

Project Facilities

BBQ Pit/Grill
Yes
Community Room
Yes
Dumpster
Yes
Elevators
Yes
Exercise Room
Yes
Game Room
Yes
Gated Community
Yes
Pavillion/Gazebo
Yes
Pickle Ball
Yes
Picnic Area
Yes
Playground
Yes
Pool
Yes
Short Term Rental - Allowed
Yes
Tennis
Yes
TV Cable
Yes
Whirlpool
Yes

Construction/Siding

Block
Yes
Concrete
Yes
Roof Flat
Yes

Utilities

Electric
Yes
Public Sewer
Yes
Public Water
Yes
TV Cable
Yes

Exterior

Balcony
Yes
BBQ Pit/Grill
Yes
Hot Tub
Yes
Pavillion/Gazebo
Yes
Pool - Heated
Yes
Pool - In-Ground
Yes
Sprinkler System
Yes
Tennis Court
Yes

Interior

Elevator
Yes
Floor Tile
Yes
Floor Vinyl
Yes
Furnished - All
Yes
Newly Painted
Yes
Owner's Closet
Yes
Pantry
Yes
Washer/Dryer Hookup
Yes
Window Treatment All
Yes

Financing

Other
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Security System
Yes
Smoke Detector
Yes
Smooth Stovetop Rnge
Yes
Stove/Oven Electric
Yes

Energy

AC - Central Elect
Yes
Ceiling Fans
Yes
Heat Cntrl Electric
Yes
Storm Doors
Yes
Storm Windows
Yes

Mstr Bdrm/Mstr Bath

MBath Garden Tub
Yes

Master Bedroom

First
Yes

Bedroom

First
Yes

Kitchen

First
Yes

Living Room

First
Yes

Rooms

Bedroom
Yes
Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Fees Include

Accounting
Yes
Electricity
Yes
Ground Keeping
Yes
Internet Service
Yes
Land Recreation
Yes
Other Utilities
Yes
Recreational Faclty
Yes
Security
Yes
Sewer
Yes
Trash
Yes
TV Cable
Yes
Water
Yes

Property Features

Construction Status: Construction Complete Waterview: Bay; Gulf; Gulf/Pass Parking Features: Garage Project Facilities: BBQ Pit/Grill; Community Room; Dumpster; Elevators; Exercise Room; Game Room; Gated Community; Pavillion/Gazebo; Pickle Ball; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Whirlpool Exterior: Balcony; BBQ Pit/Grill; Hot Tub; Pavillion/Gazebo; Pool - Heated; Pool - In-Ground; Sprinkler System; Tennis Court Interior: Elevator; Floor Tile; Floor Vinyl; Furnished - All; Newly Painted; Owner's Closet; Pantry; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Security System; Smoke Detector; Smooth Stovetop Rnge; Stove/Oven Electric Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Storm Doors; Storm Windows Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Rooms: Bedroom; Kitchen; Living Room; Master Bedroom Financing: Other Fees Include: Accounting; Electricity; Ground Keeping; Internet Service; Land Recreation; Other Utilities; Recreational Faclty; Security; Trash; TV Cable; Water

Room Information

Room Name Level Dimensions Length Width Remarks
Living Room First 21 x 12 21.00 12.00 Open Living concept
Kitchen First 10 x 9 10.00 9.00 Gourmet Kitchen
Master Bedroom First 15 x 14 15.00 14.00 Access to Balcony
Bedroom First 17 x 15 17.00 15.00 Second Balcony
Listing Office: Bastion Realty LLC
Last Updated: September - 09 - 2025
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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