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$325,000
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Property Description
Remodeled and meticulously maintained, this lower-level 2nd-floor condo at The Palms of Destin is a true rental gem with upgrades throughout and a proven rental history! The unit has been thoughtfully refreshed with new flooring throughout, fresh paint, an upgraded kitchen with quartz countertops, cabinetry and hardware, stainless-steel appliances, newer HVAC (2022) , hot water heater (2022), full-size washer/dryer, updated bathroom vanity tops and lighting, ceiling fans, and new TVs. Coastal furnishings and décor complement the relaxed Florida lifestyle, while both the living room and primary bedroom offer direct access to the spacious balcony overlooking the beautifully landscaped tropical grounds, creating a peaceful and private setting for owners and guests. The condo has generated impressive gross rental income, including $45,249 in 2021, $47,388 in 2022, $45,389 in 2023 and $30,316 in 2024-totaling almost $200k over the previous 5 years! The owner chose to occupy the property as their personal residence in 2025 and 2026, so there was no rental income during those years. Enjoy The Palms of Destin's impressive 5-star resort amenities, including the expansive lagoon-style pool with waterfalls, heated pool, kiddie pool and splash pad, hot tub, state-of-the-art fitness center, indoor and outdoor pickleball, tennis, basketball, onsite restaurant and bar, coffee shop, covered parking, 24-hour security, EV charging stations and more. HOA amenities also include all utilities, including electricity. Ideally located just minutes from Destin's world-famous beaches, this turnkey condo is an excellent opportunity for a vacation home, primary residence or income-producing investment. Schedule your showing today!
Full Property Details
Full Property Details for 4207 Indian Bayou Trail #2214
General
- Price: $325,000
- Taxes: $2,594 (2025)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 1011966
- Updated: 9/21/2026
- Added to Site: 14 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Community Room, Dumpster, Elevators, Exercise Room, Gated Community, Handicap Provisions, Laundry, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cab
Interior
- Number of Rooms: 5
- Interior Features: Breakfast Bar, Elevator, Owner's Closet, Pantry, Washer/Dryer Hookup
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Laminate, Floor Tile, Floor Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Patio Open
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage, Garage Detached
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: THE PALMS OF DESTIN
- Driving Directions: Turn North off Hwy 98 onto Indian Bayou Trail then turn right into the Palms of Destin. The unit is in the West Tower on the 2nd floor.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Electricity, Ground Keeping, Insurance, Internet Service, Legal, Master Association, Other Utilities, Recreational Faclty, Security, Services, Sewer, Telephone, Water, Cable TV, Taxes, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water, TV Cable
Structural Information
- Construction: Concrete
- Exterior Const.: Concrete
- Stories/Levels: 12
- Square Feet: 970
- Sq. Ft. Source: County PA Records
- Year Built: 2007
Financial Considerations
- Assessment Amount: $3,705
- Tax Amount: $2,594.08
- Tax Year: 2025
Disclosures and Reports
- Legal Description: THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 1 UNIT 2214
- APN: 00-2S-22-2310-0000-2214
- Property ID: 00-2S-22-2310-0000-2214
Listed by Go Coastal Realty LLC
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Schools
Schools serving 4207 Indian Bayou Trail #2214
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Destin Middle School 4608 Legendary Marina Drive, Destin, FL 32541 | 5-8 | 2 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 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 4207 Indian Bayou Trail #2214
Date
Details
Price
Change
Source
9/14/2026
Listed
$325,000
140.74%
MLS
4/05/2018
Sold
$135,000
—
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 4207 Indian Bayou Trail #2214
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,594
-8%
$237,115
-21%
2024
$2,817
3%
$300,700
—
2023
$2,738
58%
$300,700
116%
2021
$1,730
-26%
$139,330
-42%
2022
$2,338
35%
$241,300
90%
2021
$1,730
16%
$127,000
8%
2019
$1,497
77%
$118,000
14%
2018
$846
1%
$103,471
2%
2017
$836
3%
$101,343
2%
2016
$813
-42%
$99,259
-6%
2015
$1,398
-1%
$105,500
—
2014
$1,415
5%
$105,500
6%
2013
$1,352
—
$100,000
—
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 4207 Indian Bayou Trail #2214
4207 Indian Bayou Trail #2214, Destin, FL 32541 (MLS# 1011966) is a Condo property with 2 bedrooms and 2 full bathrooms. 4207 Indian Bayou Trail #2214 is currently listed for $325,000 and was received on September 14, 2026. Want to learn more about 4207 Indian Bayou Trail #2214? 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.

