4207 Indian Bayou Trail 21216, Destin
MLS® # 1013276
Positioned within Destin, this 3 bedroom, 3 bath end unit residence at The Terrace at Pelican Beach presents a compelling opportunity to create value in one of the Emerald Coast's most sought after locations. Priced with renovation in mind, this condo invites a buyer with vision to transform it into a personalized coastal retreat or high-performing investment.
The thoughtfully designed floor plan offers both openness and flexibility. A private rear bedroom suite, complete with full bath and laundry, can be closed off with its own door, ideal for guests or rental versatility. Expansive glass sliders lead to a spacious balcony where western-facing views capture sunsets over the lake, while the end-unit positioning allows for additional eastern windows that welcome soft morning light. Ownership includes access to an impressive suite of amenities shared with Pelican Beach Resort, including multiple pools, a fitness center, gated entry, and direct beach access. In addition, The Terrace also maintains a community pool and fitness center in the building.
Enjoy days by the Gulf, unwind at the beachside gazebo and bar, or take advantage of nearby attractions like Big Kahuna's Water & Adventure Park, along with dining, shopping, and everyday conveniences just moments away.
Whether positioned as a short-term rental investment, second home, or full-time residence, this property offers a rare blend of location, layout, and upside potential!
Breakfast Bar, Vaulted Ceiling(s), Handicap Provisions, Lock Out, Newly Painted, Owner's Closet, Pantry, Shelving, Split Bedroom, Washer/Dryer Hookup
Dishwasher, Dryer, Microwave, Washer, Electric Water Heater
Christies International Real Estate Emerald Coast
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Listing information last updated on October 14th, 2026 at 4:52pm CDT.