4203 Indian Bayou Trail 1704, Destin, FL

$275,000

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2

Beds

2

Baths

970

Square feet

Description

7th floor turnkey condo at The Palms of Destin. Gulf and Destin Harbor views, fully furnished and backed by four years of proven rental income. HOA fees cover ALL utilities and amenities, including electric bill and internet. Most units in this resort promise rental potential. This one has the receipts: more than $50,000 in gross annual rent every year for the last four straight. That's actual performance, not a projection, with statements available on request. At $275,000, this is a rare thing in this building: an asset that's already earning, not one you have to prove out. Run your own numbers at the list price; they hold up. When you're using it yourself, the resort carries the lifestyle; multiple lagoon-style pools, a full fitness center, tennis, pickleball and basketball courts, an on-site restaurant, bar, and coffee shop, and a shuttle to the sand. 1704 lives bigger than its footprint: a king primary suite, a second bedroom with twin-over-full bunks that sleeps the whole family, updated flooring, and coastal furnishings throughout. Nothing to buy, nothing to fix. Use it, rent it, or both. Clean, proven, and earning the day you close.

Legal Description

THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 2 UNIT 1704

Features of 4203 Indian Bayou Trail 1704

MLS® # 987354
Price $275,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 970
Year Built 2007
Type Condominium
Sub-Type Condominium
Style N/A
Status Active

Community Information

Address 4203 Indian Bayou Trail 1704
Area 14 - Destin
Subdivision THE PALMS OF DESTIN
City Destin
County Okaloosa
State FL
Zip Code 32541

Amenities

Utilities Electric, Public Sewer, Public Water, TV Cable
View Gulf, Harbor
Water View Gulf, Harbor

Interior

Appliances Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
Heating Central
Cooling Central Air

School Information

Elementary Destin
Middle Destin
High Destin

Listing Details

OfficeDalton Wade Inc

Price History for MLS #987354

Date Details Change
Price Reduced from $290,000 to $275,000 $15,000 (5.17%)

For more information call

(850) 325-0004

Listing Map

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