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4203 Indian Bayou Trail , #1704

Destin, FL 32541
  • $275,000
  • STATUS: Active
  • ON SITE: 241 Days
  • MLS #: 987354
$275,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 970
    SQFT
  • $284
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2007
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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.

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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Scenic Real Estate. Vendor Member number: 28178. Data last updated: 2026-06-10T00:00:35.777.
Vendor Member #28178.
www.myscenicrealestate.com/homes/168793759
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4203 Indian Bayou Trail , #1704 Destin, FL 32541

  • Price: $275,000
  • Status: Active
  • On Site: 241 Days
  • MLS #: 987354
2
Beds
2
Baths
0
½ Baths
N/A
Acres
970
SQFT
$284
$/SQFT
2007
Built
Neighborhood:
The Palms Of Destin
County:
Okaloosa
Area:
Destin
Elementary School:
Destin
Middle School:
Destin
High School:
Destin
Property 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.
Exterior Features

Architectural Style N/A Carport YN No Construction Materials [] Exterior Features [] Lot Features [] Parking Features [] Pool YN Yes Road Frontage Type [] Road Surface Type [] View HarborGulf Waterfront Features []

Interior Features

Appliances DishwasherDisposalDryerFreezerIce MachineMicrowaveOven Self CleaningRange HoodRefrigeratorSmoke DetectorSmooth Stovetop RngeStove/Oven ElectricWasherWater Heater - Elect Cooling Central Air Cooling YN Yes First Floor Bedroom Yes Heating Central Heating YN Yes Interior Features [] Primary Bedroom First Floor Yes Rooms Total 4

Property Features

Association Fee Includes Ground KeepingManagementRecreational Faclty Association YN Yes Buyer Financing [] Community Features Short Term Rental - AllowedBBQ Pit/GrillCommunity RoomDeed AccessElevatorsExercise RoomGame RoomHandicap ProvisionsPavillion/GazeboPicnic AreaPoolTV CableWhirlpool Green Energy Efficient [] New Construction YN No Pool Type Community Property Condition Construction Complete Property Sub Type Condominium Short Term Rental Allowed Yes Special Listing Conditions [] Tax Amount 3912.99 Tax Year 2024 Utilities ElectricPublic WaterTV Cable

Listing courtesy of Dalton Wade Inc: 888-668-8283.



© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Scenic Real Estate. Vendor Member number: 28178. Data last updated: 2026-06-10T00:00:35.777.
Vendor Member #28178.
 
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Scenic Real Estate
1040 US-98 E
Destin FL, 32541