4205 Indian Bayou Trail Unit 14, Destin, FL

Description

PRICED IMPROVED by $75,000! ***Villa was blocked-off for 2 months during the 2022 summer season for the owner's personal use, and resulted in a loss of income around $30k***With a full rental schedule this property has the ability to perform like other neighboring Villas with gross rental income exceeding $75k+. Unwind and relax inside this serene pool side villa -- one of only fourteen exclusive villas in the Palms. This Cabana is positioned on the end-cap offering your guests an elevated level of privacy. Primely situated within the iconic Palms of Destin community. This Villa expands 1,473 sq-ft with luxury tile flooring throughout, and includes a large master suite with double vanity, garden-tub and shower, guest bedroom with anadjacent shower/bathroom. This Villa is located just steps away from the luxurious 11,000 sq-ft lagoon pool and hot tub. An ideal investment property, second home, or primary residence. All furnishings are included and convey with the sale. The unit is currently on the Vacasa rental program and has steady rental history with a gross rental income of $37k in 2022 (with the potential to do much more). Turnkey ready for a new owner to step right in! All utilities, TV cable, water, sewer, electric and internet are included in the quarterly dues. The Palms is just a leisurely 5-minute stroll to beach access, or you can take the complimentary shuttle which also goes to the Harborwalk Village and Henderson State Park. The resort is known for its 2-acre oasis which is covered in palm trees and features a lagoon pool. There is also a children's pool and splash fountain, hot tub and a pool that is heated year-round. The Palms also offers a playground, tennis courts, indoor pickleball court, and a basketball court, a freshly updated on-site restaurant and bar with indoor and outdoor seating, coffee shop, ballroom dancing studio, and a new fitness center. This place has it all and something for everyone. You don't even need to leave the resort to have a great time. Buyer to verify any information deemed necessary or important.

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