4203 Indian Bayou Trail Unit 11209, Destin

$313,000

2 Beds
2 Baths
970 Sqft
0 Acre
0 Garage

Exceptional opportunity to own a well established rental machine! Unit 11209 has had a stellar 4.86 rating on Airbnb with an outstanding $61k average gross rental income over the past 3 years ($70k 2022, $62K 2023, $53k 2024 and $52k in 2025)! 2026 YTD $18.9k. Future bookings of $9.4k! Not only are you getting a unit with a proven income track record, This junior suite, 2 bedroom, 2 bath unit is being sold turnkey and fully furnished! With six years of experience as a Superhost and being recognized as a guest favorite, this high-performing listing ensures quick rentals and provides significant advantages over starting from scratch. Additionally, it ranks among the top-rated properties in Destin.
The Palms of Destin is an excellent investment opportunity, second home, or primary residence. This resort allows you to park and relax without ever needing to drive during your vacation. Enjoy the convenience of an on-site restaurant and coffee bar, along with a seasonal shuttle service that runs to various attractions in the area. Notably, HOA fees cover all utilities, including electricity, water, trash, Wi-Fi, and cable!
During the day you are sure to enjoy the exterior features of the 11,000 sq ft lagoon pool, w/ waterfalls and bridges within the 2 acre ''oasis''. The children's pool and interactive splash fountain will provide hours of enjoyment while the parents enjoy a swim, or lounging with a drink from the on site restaurant and coffee shop. The Palms also features a new state of the art fitness center, pickle ball (outdoor), tennis and basketball court, seasonal shuttle, a new outdoor grilling area and an electric car charging station! Look no further as The Palms Resort and Conference center is a 5 star resort with amenities hard to beat! Then in the evening, you will find yourself on the balcony enjoying the breathtaking sunsets! Call your favorite agent for a showing today!
While we believe all information to be accurate, buyer to verify all information including dimensions.

Essential Information
MLS® #974608
Price$313,000
Sold Price$295,000
Date Sold$2026-07-23
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage970
Year Built2007
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusSold
Community Information
Area14 - Destin
SubdivisionTHE PALMS OF DESTIN
CityDestin
CountyOkaloosa
StateFL
Zip Code32541
Address

4203 Indian Bayou Trail Unit 11209

Amenities
ParkingGarage
ViewBay, Gulf
Utilities

Electric, Public Sewer, Public Water, TV Cable

Interior
HeatingCentral
CoolingCentral Air
Interior Features

Breakfast Bar, Washer/Dryer Hookup, Woodwork Painted

Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer

Exterior
Exterior FeaturesBalcony
WindowsWindow Treatments
ConstructionBlock, Concrete
School Information
ElementaryDestin
MiddleDestin
HighFort Walton Beach
Additional Information
Days on Website542
Listing Details
OfficeGo Coastal Realty LLC
Property History
Price Reduced from $325,000 to $313,000
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 16th, 2026 at 11:07pm CDT.