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$399,000

  • For Sale
  • Active
  • Condo / Townhouse
  • 2 Beds
  • 2 Full Baths
  • 1,175 Sq. Ft.
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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 $200,000 in the past five years with owner-occupancy. In 2025 alone, the unit has already generated more than $40,000 in rental income, with significant availability remaining for additional bookings.Purchase today and begin earning income immediately at closing, without the added expense of HOA dues through the winter season. 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! Enjoy maintenance-free living- hvac (inside and outside components) and water heater were replaced in 2022.This beautifully decorated condo is turnkey/ move-in ready, featuring tile flooring throughout, a stackable washer/dryer plus upgraded tv's and furnishings. Did we mention covered garage parking?? You'll never have to worry about finding a parking spot! Whether you're looking for a dream beach getaway or a profitable investment, this unit checks all the boxes. Don't wait-this is exactly what you have been looking for!

Full Property Details for 4207 Indian Bayou Trail #UNIT 2501

General

  • Price: $399,000
  • Taxes: $3,677 (2025)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: Emerald_Coast
  • MLS ID: 975320
  • Updated: 12/29/2025
  • Added to Site: 261 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Dining Room, Kitchen, Master Bedroom
  • Interior Features: Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Kitchen: Kitchen
  • Dining Room: Dining Room

Additional Information

  • Shared Amenities: Dumpster, Elevators, Exercise Room, Game Room, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Whirlpool
  • Pool: Yes

Exterior

  • Exterior Features: Balcony, Pool - In-Ground, Tennis Court

Parking

  • Garage: Yes
  • Parking: Garage

Location

  • Area: 14 - Destin
  • County: Okaloosa
  • Subdivision: The Palms Of Destin
  • Driving Directions: HWY 98 to Indian Bayou Trail. Turn right into the Palms of Destin. Unit is in the west tower on the 5th floor.

School Information

  • Elementary School: Destin
  • Middle School: Destin
  • High School: Fort Walton Beach

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect

Utilities

  • Utility Description: Electric, Phone, Public Sewer, Public Water, TV Cable

Structural Information

  • Construction: Roof Metal
  • Stories/Levels: 0
  • Stories in Building: 12
  • Square Feet: 1,175
  • Sq. Ft. Source: County PA Records
  • Year Built: 2007

Unit Information

  • Units in Building: 203

Lot Features

  • Property View: Bay, Gulf

Financial Considerations

  • Assessment Amount: $4,488
  • Assmt Payment Freq: Quarterly
  • Tax Amount: $3,677
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 1 UNIT 2501
  • Assessment: Yes
  • APN: 00-2S-22-2310-0000-2501

Listed by Go Coastal Realty LLC

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Listing agent

— 4207 Indian Bayou Trail #UNIT 2501 —

  • Go Coastal Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4207 Indian Bayou Trail #UNIT 2501

School District:Okaloosa County School District
NameGradesDistance
Destin Middle School
4608 Legendary Marina Drive, Destin, FL 32541
5-82 mi
Destin Elementary School
630 Kelly Street, Destin, FL 32541
PK-42.3 mi
Fort Walton Beach High School
400 Hollywood Boulevard Southwest, Fort Walton Beach, FL 32548
9-1211 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4207 Indian Bayou Trail #UNIT 2501 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/03/2025
Price Reduced
$399,000
-6.12%
MLS
9/22/2025
Price Reduced
$425,000
-5.56%
MLS
7/31/2025
Price Reduced
$450,000
-5.24%
MLS
5/01/2025
Listed
$474,900
—
MLS
Get Price Alerts and Save Property
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 for 4207 Indian Bayou Trail #UNIT 2501

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,791
1%
$377,250
-6%
2024
$3,760
3%
$401,000
—
2023
$3,654
58%
$401,000
115%
2021
$2,312
-21%
$186,200
-35%
2022
$2,921
26%
$286,000
67%
2021
$2,312
10%
$171,000
3%
2019
$2,106
2%
$166,000
3%
2018
$2,067
-1%
$161,000
1%
2017
$2,091
5%
$160,000
4%
2016
$2,000
-6%
$154,000
-4%
2015
$2,133
-1%
$161,000
—
2014
$2,159
5%
$161,000
6%
2013
$2,055
—
$152,000
—
View All
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 for 4207 Indian Bayou Trail #UNIT 2501

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Go Coastal Realty LLC

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4207 Indian Bayou Trail #UNIT 2501, Destin, FL 32541 (MLS# 975320) is a Condo / Townhouse property with 2 bedrooms and 2 full bathrooms. 4207 Indian Bayou Trail #UNIT 2501 is currently listed for $399,000 and was received on May 01, 2025. Want to learn more about 4207 Indian Bayou Trail #UNIT 2501? Do you have questions about finding other Condo / Townhouse real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

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