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$275,000 Sale Pending
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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.
Full Property Details
Full Property Details for 4203 Indian Bayou Trail #1704
General
- Price: $275,000
- Taxes: $3,912 (2024)
- Status: Pending
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 987354
- Updated: 7/8/2026
- Added to Site: 289 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, BBQ Pit/Grill, Community Room, Deed Access, Elevators, Exercise Room, Game Room, Handicap Provisions, Pavillion/Gazebo, Picnic Area, Pool, TV Cable, Whirlpool
Interior
- Number of Rooms: 4
- Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: THE PALMS OF DESTIN
- Driving Directions: When heading West along Highway 98 toward Henderson Beach State Park, turn Right onto Indian Bayou Trail. The entrance will be on your right. Resort Main Entrance is on Indian Bayou Trail, Unit 1704 is in the East Tower.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Ground Keeping, Management, Recreational Faclty
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Heating/Cooling: Central, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water, TV Cable
Structural Information
- Square Feet: 970
- Sq. Ft. Source: County PA Records
- Year Built: 2007
Lot Features
- Property View: Harbor, Gulf
Water Features
- Water View: Yes
Financial Considerations
- Assessment Amount: $3,204
- Tax Amount: $3,912.99
- Tax Year: 2024
Disclosures and Reports
- Legal Description: THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 2 UNIT 1704
- APN: 00-2S-22-2311-0000-1704
- Property ID: 00-2S-22-2311-0000-1704
Listed by Dalton Wade Inc
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Schools
Schools serving 4203 Indian Bayou Trail #1704
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 1.9 mi |
Destin Elementary School 630 Kelly Street, Destin, FL 32541 | PK-4 | 2.3 mi |
Fort Walton Beach High School 400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548 | 9-12 | 11.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4203 Indian Bayou Trail #1704
Date
Details
Price
Change
Source
5/13/2026
Price Reduced
$275,000
-5.17%
MLS
4/13/2026
Price Reduced
$290,000
-1.69%
MLS
2/04/2026
Price Reduced
$295,000
-1.67%
MLS
10/11/2025
Listed
$300,000
-21.03%
MLS
9/27/2021
Sold
$379,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4203 Indian Bayou Trail #1704
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,611
-8%
$304,911
-8%
2024
$3,913
4%
$331,000
—
2023
$3,752
85%
$331,000
103%
2021
$2,027
-38%
$163,200
-40%
2022
$3,284
62%
$272,500
89%
2021
$2,027
22%
$144,000
12%
2019
$1,665
11%
$128,700
10%
2018
$1,502
3%
$117,000
4%
2017
$1,464
4%
$112,000
4%
2016
$1,403
-6%
$108,000
-4%
2015
$1,497
-1%
$113,000
—
2014
$1,515
4%
$113,000
5%
2013
$1,454
—
$107,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4203 Indian Bayou Trail #1704
4203 Indian Bayou Trail #1704, Destin, FL 32541 (MLS# 987354) is a Condo property with 2 bedrooms and 2 full bathrooms. 4203 Indian Bayou Trail #1704 is currently listed for $275,000 and was received on October 11, 2025. Want to learn more about 4203 Indian Bayou Trail #1704? Do you have questions about finding other Condo real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

