The Story

4207 Indian Bayou Trail Unit 2501

Destin, FL 32541 · Condo

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! …


Facts & Features

Property Info

Price
$399,000
Completion Year
2,007
Living Space
1,175 sq ft
Floors
12
Bedrooms
2
Bathrooms
2

Features & Amenities

Pool

Yes

Cooling

Ceiling Fans, Central Air

Heating

Central

Appliances

Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect

Flooring

Floor Tile, Floor WW Carpet

Roof

Metal

Exterior

Balcony, Tennis Court

Water Source

Public

Sewer

Public Sewer

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Listing Broker

Go Coastal Realty LLC

Broker Name

Go Coastal Realty LLC

Agent

Nichole P Causton