Description of 4207 Indian Bayou Trail Unit 2501
YTD 2026 GROSS RENTAL INCOME AS OF END OF JUNE $33908.35 with 2025 YE at $44,036.34. 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 $240,000 in the past six years with owner-occupancy. In 2025 alone, the unit generated more than $40,000 in rental income! YTD unit has over $12k in bookings from March to July with plenty more availability! Purchase today and begin earning income immediately at closing. You absolutely can't miss this opportunity to own at The Palms of Destin! At 1,175 sqft, this is one of the largest 2-bedroom units in the tower, offering generous living space and unmatched comfort plus 2 balconies! Enjoy maintenance-free living- hvac (inside and outside components) and water heater were replaced in 2022.This beautifully decorated condo is turnkey/ move-in ready, featuring tile flooring throughout, a stackable washer/dryer plus upgraded tv's and furnishings. Did we mention covered garage parking?? You'll never have to worry about finding a parking spot! Whether you're looking for a dream beach getaway or a profitable investment, this unit checks all the boxes. Don't wait-this is exactly what you have been looking for!
Legal Description
THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 1 UNIT 2501
Features of 4207 Indian Bayou Trail Unit 2501
| MLS® # | 975320 |
|---|---|
| Price | $399,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,175 |
| Year Built | 2007 |
| Type | Condominium |
| Sub-Type | Condominium |
| Style | N/A |
| Status | Active |
Community Information
| Address | 4207 Indian Bayou Trail Unit 2501 |
|---|---|
| Area | 14 - Destin |
| Subdivision | THE PALMS OF DESTIN |
| City | Destin |
| County | Okaloosa |
| State | FL |
| Zip Code | 32541 |
Amenities
| Utilities | Electric, Phone, Public Sewer, Public Water, TV Cable |
|---|---|
| Parking | Garage |
| View | Bay, Gulf |
| Water View | Bay, Gulf |
| Has Pool | Yes |
| Pool | In Ground |
Interior
| Interior Features | Breakfast Bar |
|---|---|
| Appliances | Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater |
| Heating | Central |
| Cooling | Central Air, Ceiling Fan(s) |
Exterior
| Exterior Features | Balcony, Tennis Court(s) |
|---|---|
| Roof | Metal |
School Information
| Elementary | Destin |
|---|---|
| Middle | Destin |
| High | Fort Walton Beach |
Listing Details
| Office | Go Coastal Realty LLC |
|---|
Price History for MLS #975320
| Date | Details | Change |
|---|---|---|
| Price Reduced from $425,000 to $399,000 | ||
| Price Reduced from $450,000 to $425,000 | ||
| Price Reduced from $474,900 to $450,000 |
