4205 Indian Bayou Trail Unit 14, Destin

$550,000

2 Beds
2 Baths
1,390 Sqft
0 Acre
2 Garages

PRICED IMPROVED by $75,000! ***Villa was blocked-off for 2 months during the 2022 summer season for the owner's personal use, and resulted in a loss of income around $30k***With a full rental schedule this property has the ability to perform like other neighboring Villas with gross rental income exceeding $75k+. Unwind and relax inside this serene pool side villa -- one of only fourteen exclusive villas in the Palms. This Cabana is positioned on the end-cap offering your guests an elevated level of privacy. Primely situated within the iconic Palms of Destin community. This Villa expands 1,473 sq-ft with luxury tile flooring throughout, and includes a large master suite with double vanity, garden-tub and shower, guest bedroom with anadjacent shower/bathroom. This Villa is located just steps away from the luxurious 11,000 sq-ft lagoon pool and hot tub. An ideal investment property, second home, or primary residence. All furnishings are included and convey with the sale. The unit is currently on the Vacasa rental program and has steady rental history with a gross rental income of $37k in 2022 (with the potential to do much more). Turnkey ready for a new owner to step right in!

All utilities, TV cable, water, sewer, electric and internet are included in the quarterly dues. The Palms is just a leisurely 5-minute stroll to beach access, or you can take the complimentary shuttle which also goes to the Harborwalk Village and Henderson State Park. The resort is known for its 2-acre oasis which is covered in palm trees and features a lagoon pool. There is also a children's pool and splash fountain, hot tub and a pool that is heated year-round. The Palms also offers a playground, tennis courts, indoor pickleball court, and a basketball court, a freshly updated on-site restaurant and bar with indoor and outdoor seating, coffee shop, ballroom dancing studio, and a new fitness center. This place has it all and something for everyone. You don't even need to leave the resort to have a great time. Buyer to verify any information deemed necessary or important.

Essential Information
MLS® #918319
Price$550,000
Sold Price$515,000
Date Sold$2023-08-07
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,390
Acres0.00
Year Built2007
TypeResidential
Sub-TypeAttached Single Unit
StyleVilla
StatusSold
Community Information
Area14 - Destin
SubdivisionTHE PALMS OF DESTIN
CityDestin
CountyOkaloosa
StateFL
Zip Code32541
Address

4205 Indian Bayou Trail Unit 14

Amenities
Parking Spaces2
ParkingGarage, Garage Detached
# of Garages2
Has PoolYes
Amenities

Community Room, Dumpster, Elevators, Exercise Room, Handicap Provisions, Pavillion/Gazebo, Pets Allowed, Pickle Ball, Picnic Area, Playground, Pool, Tennis, TV Cable, Whirlpool

Utilities

Electric, Public Sewer, Public Water, TV Cable

Pool

Pool - Heated, Pool - In-Ground, Community

Interior
HeatingHeat Cntrl Electric
CoolingAC - Central Elect
# of Stories1
Interior Features

Floor Tile, Furnished - All, Handicap Provisions, Owner's Closet, Pantry, Washer/Dryer Hookup, Window Treatment All

Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer

Exterior
RoofBlock, Roof Metal
FoundationSlab
Exterior

Block, Concrete, Roof Metal, Slab, Stucco

Exterior Features

BBQ Pit/Grill, Patio Open, Pool - Heated, Pool - In-Ground

Lot Description

Sidewalk, Within 1/2 Mile to Water

School Information
ElementaryDestin
MiddleDestin
HighDestin
Additional Information
Days on Website440
ZoningCommercial
HOA Fees3873.34
HOA Fees Freq.Quarterly
Listing Details
OfficeKeller Williams Success Realty
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Listing information last updated on May 19th, 2024 at 7:03am CDT.