4203 Indian Bayou Trail Unit 1302, Destin
MLS® # 1013800
Nearly $1M in capital improvements completed at Chateau La Mer II--offering added value with no special assessments currently due. Private deeded beach access and rental projection over $40,000. This furnished 2-bedroom, 2-bath ground-floor condo presents an exceptional opportunity for a primary residence, second home, or investment property with strong income potential.
Inside, the spacious layout offers nearly 1,100 square feet with a well-designed kitchen, breakfast bar, and open dining and living area. The primary bedroom features a private en-suite bath, while the guest bedroom is generously sized and currently configured with two queen beds to accommodate additional guests. The extended patio provides a comfortable outdoor space for relaxing or entertaining just moments from the beach access.
Recent interior updates include:
April 2025 - new screen door, washing machine, dishwasher, and 55" smart TV
February 2026 - new sliding glass door to patio
Community and building improvements include:
2022 - new roofing and gutters
2023 - new irrigation system
2024 - pool resurfaced
2025 - new windows, railings, and stairs brought up to code
2026 - new siding and exterior paint
2026 - tennis court resurfacing scheduled
HOA fees cover the exterior property insurance, all utilities including cable and internet (excludes electricity - approximately $58 per month).
Ideally located with convenient access to nearby dining including Capt. Dave's, Kenny D's, Pompano Joe's, Sandos, and The Crab Trap. Just 2.7 miles to Publix, 3.5 miles to Mid-Bay Bridge, 3.5 miles to Silver Sands Premium Outlets, and 7.6 miles to Destin Harbor Boardwalk.
With extensive upgrades already completed, this turnkey property allows the next owner to step in and immediately enjoy the benefits of recent improvements along with strong rental potential.
Electric, Public Sewer, Public Water, TV Cable
Breakfast Bar, Washer/Dryer Hookup
Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
MLS® # 1013800
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Vendors Member Number : 28325
Listing information last updated on October 16th, 2026 at 9:22pm CDT.