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$399,000
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Property Description
Over $19k in future bookings as of March 2026! 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! 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
Full Property Details for 4207 Indian Bayou Trail #UNIT 2501
General
- Price: $399,000
- Taxes: $3,677 (2025)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 975320
- Updated: 4/13/2026
- Added to Site: 169 day(s) ago
Rental Information
- Complex Features: Dumpster, Elevators, Exercise Room, Game Room, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Whirlpool
Interior
- Number of Rooms: 4
- Interior Features: Breakfast Bar
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Tile, Floor WW Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool - In-Ground, Pool Type
Exterior
- Exterior Features: Balcony, Tennis Court
Parking
- Parking Features: 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
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Electricity, Ground Keeping, Insurance, Internet Service, Management, Master Association, Recreational Faclty, Security, Sewer, Telephone, Water, Cable TV, 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, Phone, Public Water, TV Cable
Structural Information
- Stories/Levels: 12
- Square Feet: 1,175
- Sq. Ft. Source: County PA Records
- Year Built: 2007
Lot Features
- Property View: Gulf, Bay
Water Features
- Water View: Yes
Financial Considerations
- Assessment Amount: $4,488
- Tax Amount: $3,677.6
- Tax Year: 2025
Disclosures and Reports
- Legal Description: THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 1 UNIT 2501
- APN: 00-2S-22-2310-0000-2501
- Property ID: 00-2S-22-2310-0000-2501
Listed by Go Coastal Realty LLC
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Schools
Schools serving 4207 Indian Bayou Trail #UNIT 2501
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 #UNIT 2501
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
Disclaimer: Historical sales 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 #UNIT 2501
4207 Indian Bayou Trail #UNIT 2501, Destin, FL 32541 (MLS# 975320) is a Condo property with 2 bedrooms and 2 full bathrooms. 4207 Indian Bayou Trail #UNIT 2501 is currently listed for $399,000 and was received on November 01, 2025. Want to learn more about 4207 Indian Bayou Trail #UNIT 2501? 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.

