Listing Board: Emerald Coast
List Price/SqFt: 339.57
List Date: 2025-05-01
Current Price: $399,000
List Price: $399,000
Unit #: UNIT 2501
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 1 UNIT 2501
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: 5
Immediate Occupancy: Yes
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
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 4488.34
Annual Assessment Amount: 17953.36
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 1452.67
New Buyer Fee Paid: $
Last Taxes: 3677.6
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No
Remarks: Motivated seller - this is a strong investment opportunity at The Palms of Destin.
This full two-bedroom unit is located on the 5th floor with desirable views of the pools, palm trees, and the Gulf. The property has a solid rental history, generating over $200,000 in the past five years with owner-occupancy. In 2025 alone, the unit has already generated more than $40,000 in rental income, with significant availability remaining for additional bookings.
Purchase today and begin earning income immediately at closing, without the added expense of HOA dues through the winter season. You absolutely can't miss this opportunity to own at The Palms of Destin!
Dumpster: 1
Elevators: 1
Exercise Room: 1
Game Room: 1
Pavillion/Gazebo: 1
Pets Allowed: 1
Picnic Area: 1
Playground: 1
Pool: 1
Tennis: 1
TV Cable: 1
Whirlpool: 1
Electric: 1
Phone: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Balcony: 1
Pool - In-Ground: 1
Tennis Court: 1
Breakfast Bar: 1
Floor Tile: 1
Floor WW Carpet: 1
Furnished - All: 1
Cooktop: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Refrigerator W/IceMk: 1
Stove/Oven Electric: 1
Washer: 1
AC - Central Elect: 1
Ceiling Fans: 1
Heat Cntrl Electric: 1
Water Heater - Elect: 1
Bedroom: 1
Dining Room: 1
Kitchen: 1
Master Bedroom: 1
Accounting: 1
Electricity: 1
Ground Keeping: 1
Insurance: 1
Internet Service: 1
Management: 1
Master Association: 1
Recreational Faclty: 1
Security: 1
Sewer: 1
Telephone: 1
Trash: 1
TV Cable: 1
Water: 1
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-22-2310-0000-2501
Construction Status: Construction Complete
Waterview: Bay; Gulf
Parking Features: Garage
Project Facilities: Dumpster; Elevators; Exercise Room; Game Room; Pavillion/Gazebo; Pets Allowed; Picnic Area; Playground; Pool; Tennis; TV Cable; Whirlpool
Exterior: Balcony; Pool - In-Ground; Tennis Court
Interior: Breakfast Bar; Floor Tile; Floor WW Carpet; Furnished - All
Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator W/IceMk; Stove/Oven Electric; Washer
Utilities: Electric; Phone; Public Sewer; Public Water; TV Cable
Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect
Master Bedroom: First
Bedroom: First
Kitchen: First
Rooms: Bedroom; Dining Room; Kitchen; Master Bedroom
Fees Include: Accounting; Electricity; Ground Keeping; Insurance; Internet Service; Management; Master Association; Recreational Faclty; Security; Telephone; Trash; TV Cable; Water
Room Information
Dining Room
Level: First
Dimensions: 23 x 17
Length: 23.00
Width: 17.00
Remarks: Dining/Living Combo
Dimensions: 23 x 17
Master Bedroom
Level: First
Dimensions: 16 x 14
Length: 16.00
Width: 14.00
Dimensions: 16 x 14
Bedroom
Level: First
Dimensions: 16 x 11
Length: 16.00
Width: 11.00
Dimensions: 16 x 11
Kitchen
Level: First
Dimensions: 17 x 9
Length: 17.00
Width: 9.00
Dimensions: 17 x 9
