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4203 Indian Bayou Trail , Unit 1415

Destin, FL 32541
  • $399,000
  • STATUS: Active
  • ON SITE: 118 Days
  • MLS #: 1001164
Open House
UPDATED: 15 min ago
$399,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,150
    SQFT
  • $347
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2007
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

This unit just isn't beautiful...Its performing! With $56,244.20 in projected 2026 gross rental income, including $27,400.57 in upcoming reservations, this turnkey investment is ready to continue generating revenue day one! Welcome to your home away from home! This beautifully updated 4th-floor condo at the Palms of Destin Resort showcases stunning tropical pool views and offers the perfect blend of comfort, convenience, and investment potential. This spacious 2BR/2BA unit is sold fully furnished and completely turnkey--ready for immediate enjoyment or rental income. Thoughtful upgrades enhance both value and peace of mind. In 2022, all appliances were replaced with Whirlpool stainless steel models, including the refrigerator, stove/oven, microwave, and washer/dryer combo. Hot water heater replaced 2023. Inside, the open living area features comfortable seating with a new queen sleeper sofa and loveseat, a flat-screen TV, ceiling fan, and direct access to a private balcony--ideal for relaxing or entertaining. Both the primary and guest bedrooms offer king-sized beds and flat-screen TVs, creating a comfortable retreat after a day at the beach or pool. The Palms of Destin is ideal as an investment property, second home, or primary residence. Enjoy on-site dining, a coffee bar, and a seasonal shuttle to nearby attractions--allowing you to park and unwind without ever needing to drive. Even better, HOA dues cover all utilities, including electricity, water, trash, premium cable, and Wi-Fi. Resort-style amenities include an 11,000 sq ft lagoon pool with waterfalls and bridges, a children's pool and splash fountain, a state-of-the-art fitness center, indoor pickleball, tennis and basketball courts, outdoor grilling areas, and more--all within a beautifully landscaped 2-acre tropical setting. End your day on the private balcony, taking in breathtaking sunsets over the palm-lined resort. Don't miss this opportunity of owning a condo in one of Destin's most sought-after communities--schedule your private showing today! Electric vehicle charging stations are available in the parking garage, adding modern convenience for owners and guests. While all information is believed to be accurate, buyer to verify all details including dimensions.

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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 Back Stage Realty. Vendor Member number: 28178. Data last updated: 2026-08-18T17:01:19.31.
Vendor Member #28178.
www.backstagerealty.com/homes/175622574
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4203 Indian Bayou Trail , Unit 1415 Destin, FL 32541

  • Price: $399,000
  • Status: Active
  • On Site: 118 Days
  • Updated: 15 min ago
  • MLS #: 1001164
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,150
SQFT
$347
$/SQFT
2007
Built
Neighborhood:
The Palms Of Destin
County:
Okaloosa
Area:
Destin
Elementary School:
Destin
Middle School:
Destin
High School:
Fort Walton Beach
Property Description
This unit just isn't beautiful...Its performing! With $56,244.20 in projected 2026 gross rental income, including $27,400.57 in upcoming reservations, this turnkey investment is ready to continue generating revenue day one! Welcome to your home away from home! This beautifully updated 4th-floor condo at the Palms of Destin Resort showcases stunning tropical pool views and offers the perfect blend of comfort, convenience, and investment potential. This spacious 2BR/2BA unit is sold fully furnished and completely turnkey--ready for immediate enjoyment or rental income. Thoughtful upgrades enhance both value and peace of mind. In 2022, all appliances were replaced with Whirlpool stainless steel models, including the refrigerator, stove/oven, microwave, and washer/dryer combo. Hot water heater replaced 2023. Inside, the open living area features comfortable seating with a new queen sleeper sofa and loveseat, a flat-screen TV, ceiling fan, and direct access to a private balcony--ideal for relaxing or entertaining. Both the primary and guest bedrooms offer king-sized beds and flat-screen TVs, creating a comfortable retreat after a day at the beach or pool. The Palms of Destin is ideal as an investment property, second home, or primary residence. Enjoy on-site dining, a coffee bar, and a seasonal shuttle to nearby attractions--allowing you to park and unwind without ever needing to drive. Even better, HOA dues cover all utilities, including electricity, water, trash, premium cable, and Wi-Fi. Resort-style amenities include an 11,000 sq ft lagoon pool with waterfalls and bridges, a children's pool and splash fountain, a state-of-the-art fitness center, indoor pickleball, tennis and basketball courts, outdoor grilling areas, and more--all within a beautifully landscaped 2-acre tropical setting. End your day on the private balcony, taking in breathtaking sunsets over the palm-lined resort. Don't miss this opportunity of owning a condo in one of Destin's most sought-after communities--schedule your private showing today! Electric vehicle charging stations are available in the parking garage, adding modern convenience for owners and guests. While all information is believed to be accurate, buyer to verify all details including dimensions.
Exterior Features

Architectural Style N/A Attached Garage YN No Carport YN No Construction Materials Concrete Door Features [] Exterior Balcony Exterior Features Balcony Foundation Details [] Garage YN Yes Parking Garage Parking Features Garage Parking Total 2 Patio And Porch Features [] Pool Yes Pool Features [] Roof [] View Gulf Window Features Window Treatments

Interior Features

Appliance Info DishwasherDisposalDryerMicrowaveRefrigerator W/IceMkStove/Oven ElectricWasher Appliances DishwasherDisposalDryerMicrowaveWasherElectric Water Heater Basement [] Bedroom Level First Cooling Central AirCeiling Fan(s) Cooling YN Yes Fireplace Features [] Flooring Vinyl Full Bathroom Level First Furnished Furnished Heating Central Heating YN Yes Interior Breakfast BarFloor VinylFurnished - AllOwner's ClosetPantryWasher/Dryer HookupWindow Treatment All Interior Features Breakfast BarOwner's ClosetPantryWasher/Dryer Hookup Kitchen Level First Living Room Level First Master Bed Bath MBath Shower OnlyMBath TileMBed BalconyMBed First Floor Master Bedroom Level First Rooms BalconyFull BathroomBedroomMaster BedroomKitchenLiving Room Rooms Total 6 Stories In Unit 1 Unit Floors Above Ground 4

Property Features

Assessment Amount 4395.6 Assessment Paid Quarterly Association Fee Includes ElectricityMaintenance GroundsLegalManagementRecreational FacltySecuritySewerCable TVTelephoneTrashWaterInternet Association YN Yes Assumable Mtg Type VA Fixed Buyer Financing [] Community Features BBQ Pit/GrillCommunity RoomDumpsterElevatorsExercise RoomGame RoomGatedHandicap ProvisionsPavillion/GazeboPicnic AreaPlaygroundPoolTV CableTennis Court(s)WhirlpoolPickleballShort Term Rental - Allowed Energy AC - Central ElectAC - High EfficiencyCeiling FansHeat Cntrl ElectricWater Heater - Elect Fees Include AccountingElectricityGround KeepingLegalManagementRecreational FacltySecuritySewerTV CableTelephoneTrashWaterMaster AssociationInternet Service Fencing [] Financing ConventionalOtherVA Green Energy Efficient [] Immediate Occupancy Yes Is Subject Leased No Lot Features [] New Construction YN No Number Of Units In Building 203 Number Of Units In Community 203 Other Equipment [] Other Structures [] Property Condition Construction Complete Property Sub Type Condominium Road Frontage Type [] Road Surface Type [] Security Features [] Special Listing Conditions [] Stories Total 12 Tax Annual Amount 3576.07 Tax Year 2025 Utilities [] Utility Info ElectricPublic SewerPublic WaterTV Cable Water Source Public Waterfront Features []

Listing courtesy of Go Coastal Realty LLC: 850-714-7600.



© 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 Back Stage Realty. Vendor Member number: 28178. Data last updated: 2026-08-18T17:01:19.31.
Vendor Member #28178.
 
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