4207 Indian Bayou Trail #UNIT 2501 Active Save Request In-Person Tour Request Virtual Tour
Destin,FL 32541
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,175 sqft
Price per Sqft $361
Subdivision The Palms Of Destin
MLS Listing ID 975320
Bedrooms 2
Full Baths 2
HOA Fees $1,452/qua
Year Built 2007
Tax Year 2024
Property Sub-Type Condominium
Property Description
Seller will pay HOA dues through the first quarter of 2026, allowing the new owner to avoid the burden of winter HOA payments. 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!
Location
State FL
County Okaloosa
Area 14 - Destin
Rooms
Kitchen First
Exterior
Exterior Feature Balcony,Pool - In-Ground,Tennis Court
Parking Features Garage
Pool Community
Community Features Dumpster,Elevators,Exercise Room,Game Room,Pavillion/Gazebo,Pets Allowed,Picnic Area,Playground,Pool,Tennis,TV Cable,Whirlpool
Utilities Available Electric,Phone,Public Sewer,Public Water,TV Cable
View Bay,Gulf
Building
Structure Type Roof Metal
Schools
Elementary Schools Destin
Others
Assessment Amount $4,358