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2 Beds
2 Baths
1,175 sqft

$399,000

4207 Indian Bayou Trail UNIT 2501, Destin FL, 32541

Price per sqft$339.57
Built in2007
Property size1,175 sqft
Property typeCondominium

Overview

Pending

Listed Nov 1, 2025

Updated 2 weeks ago

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!

$2,655/mo

Est. mortgage payment based on a $399,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
975320

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$3,678
Tax Frequency
Annually
View
Yes
MLS provider logo

Courtesy of Go Coastal Realty LLC, 
Listing Contact: 850-714-7600 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Chris Carter Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:58 AM UTC, 9/15/2026

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