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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

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, featuring stylish maple cabinetry, polished granite countertops, a brand-new refrigerator Dishwasher & Microwave & garbage disposal. Whether you're crafting a gourmet feast or a quick snack, this kitchen is both highly functional and aesthetically pleasing, complete with all the kitchenware and appliances needed to prepare delicious family meals. Relax and Entertain in Style: Beyond the kitchen, there are barstools for 3 at the kitchen bar; and the dining area is enhanced with a coastal wood table and chairs, creating a cozy setting perfect for intimate dinners or larger social gatherings. Moving from the open concept dining area to the living room, you will find an Extra-large wall mount flat screen tv and a room adorned with coastal-inspired furnishings and boasting spectacular gulf views. It is your perfect relaxation haven. Open the sliding glass doors to the expansive balcony to savor your morning coffee while taking in the sweeping horizon or unwind with an evening drink as the sky paints a colorful end to another day in paradise. A Luxurious Master Retreat: The primary bedroom serves as a tranquil escape, featuring a king-sized bed and blackout curtains to ensure a peaceful night's sleep. A small dedicated workspace is etched out to catch up with folks back home or just catch up on emails. The en suite bathroom, equipped with a spacious garden soaking tub, shower combo and linen closet. A Comfortable Guest Oasis: The second bedroom is ideal for guests offering another King Bed, with access to a secondary private balcony that overlooks the tennis courts, City Park and playground. with Bay views. The second Guest bathroom has been updated with Carrea marble and stone, creating a sense of luxury, with a newly tiled walk-in shower. Move-In Ready Convenience: This condo has been expertly renovated and comes fully furnished, including all décor, kitchen accessories, appliances, and a full-sized stacked washer and dryer at the entrance. Every detail has been carefully considered, so all you need to bring is your suitcase! The new owner will benefit from a New HVAC, still under warranty, and a new water heater, providing peace of mind and added value. Resort-Style Amenities Await You: As a resident of The Palms of Destin Resort, you'll have exclusive access to a host of amenities, including a stunning lagoon-style pool, hot tub, secondary heated pool, and a poolside bar offering room service. Additional amenities include a splash pad, a modern fitness center, outdoor pickleball, tennis, and basketball courts. Playground and charcoal grilling area. Enjoy relaxation at the IV hydration bar or use the resort shuttle to explore nearby Henderson Beach and shopping destinations. With the on-site Palms Coffee House and the vibrant Good Vibes Bar, & Bistro there's truly something for everyone to enjoy. Call to schedule your video walk through or your private tour of this Amazing Penthouse level condo today!

More Information MLS# 958253

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 458.72 List Date: 2024-09-01 Current Price: $539,000 List Price: $539,000

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.

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: No Pre-Const Flip: No Garage: Yes Carport: No Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 1175 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: 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

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: 1

Parking Features

Garage: 1

Waterview

Bay: 1 Gulf: 1 Gulf/Pass: 1

Project Facilities

BBQ Pit/Grill: 1 Community Room: 1 Dumpster: 1 Elevators: 1 Exercise Room: 1 Game Room: 1 Gated Community: 1 Pavillion/Gazebo: 1 Pickle Ball: 1 Picnic Area: 1 Playground: 1 Pool: 1 Short Term Rental - Allowed: 1 Tennis: 1 TV Cable: 1 Whirlpool: 1

Construction/Siding

Block: 1 Concrete: 1 Roof Flat: 1

Utilities

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

Exterior

Balcony: 1 BBQ Pit/Grill: 1 Hot Tub: 1 Pavillion/Gazebo: 1 Pool - Heated: 1 Pool - In-Ground: 1 Sprinkler System: 1 Tennis Court: 1

Interior

Elevator: 1 Floor Tile: 1 Floor Vinyl: 1 Furnished - All: 1 Newly Painted: 1 Owner's Closet: 1 Pantry: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1

Financing

Other: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Refrigerator: 1 Security System: 1 Smoke Detector: 1 Smooth Stovetop Rnge: 1 Stove/Oven Electric: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Heat Cntrl Electric: 1 Storm Doors: 1 Storm Windows: 1

Mstr Bdrm/Mstr Bath

MBath Garden Tub: 1

Master Bedroom

First: 1

Bedroom

First: 1

Kitchen

First: 1

Living Room

First: 1

Rooms

Bedroom: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Electricity: 1 Ground Keeping: 1 Internet Service: 1 Land Recreation: 1 Other Utilities: 1 Recreational Faclty: 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 #: 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

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

Living Room Level: First Dimensions: 21 x 12 Length: 21.00 Width: 12.00 Remarks: Open Living concept Dimensions: 21 x 12 Kitchen Level: First Dimensions: 10 x 9 Length: 10.00 Width: 9.00 Remarks: Gourmet Kitchen Dimensions: 10 x 9 Master Bedroom Level: First Dimensions: 15 x 14 Length: 15.00 Width: 14.00 Remarks: Access to Balcony Dimensions: 15 x 14 Bedroom Level: First Dimensions: 17 x 15 Length: 17.00 Width: 15.00 Remarks: Second Balcony Dimensions: 17 x 15
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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