4203 Indian Bayou Trail Unit 1116, Destin

$285,000

2 Beds
2 Baths
1,150 Sqft
0 Acre
0 Garage

Act fast on this one! Think easy living and easy rentals. Comfortably furnished with some updates this Palms of Destin condo is just steps from the lagoon pool, located on the ground floor, and already producing rental income.

This 1,150 sq ft, 2-bedroom, 2-bath condo is fully furnished and move-in or rental ready. Located on the highly desirable first floor, it offers effortless access to the resort's best amenities without stairs or elevators. Inside, you'll find granite countertops, maple cabinetry, and stylish coastal touches throughout. Water heater and HVAC were both replaced in 2021.

Quarterly COA dues cover water, electric, internet, TV, and trash, keeping things simple for second-homeowners and investors alike. Recent gross rental income: 2026 YTD Rental Numbers: $9124. through May 2026, ask for update July 10th, 2025: $24,204, 2024: $21,361. Live like you're on vacation every day with unmatched amenities: 11,000 sq ft lagoon pool with waterfall and spa, splash pad, playground, fitness center, pickleball, tennis, basketball, EV charging, Tiki Bar, coffee shop, and an on-site restaurant. Plus, enjoy seasonal beach shuttle service and 24-hour security in this gated resort.

All of this is just minutes from Henderson Beach State Park, HarborWalk Village, Mattie Kelly Arts Center, and top shopping and dining.

Whether you're looking for a smart rental or a dreamy getaway you'll actually use, this is the one to see.

Call or text to schedule your private showing today and take advantage of free home warranty provided by the seller.

Essential Information
MLS® #992753
Price$285,000
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,150
Year Built2007
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusActive
Community Information
Area14 - Destin
CityDestin
CountyOkaloosa
StateFL
Zip Code32541
Address

4203 Indian Bayou Trail Unit 1116

Subdivision

The Palms Of Destin Resort & Conference Center

Utilities

Electric, Public Sewer, Public Water

Interior
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
Interior Features

Breakfast Bar, Split Bedroom, Washer/Dryer Hookup

Appliances

Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater

Exterior
Exterior FeaturesBalcony
WindowsWindow Treatments
RoofMetal
ConstructionConcrete, Steel Frame
FoundationFoundation On Piling
School Information
ElementaryDestin
MiddleDestin
HighDestin
Office

The Agency Northwest Florida Beaches

Property History
Price Reduced from $299,000 to $285,000
Price Reduced from $319,000 to $299,000
Price Reduced from $329,000 to $319,000
Price Reduced from $339,000 to $329,000
Price Reduced from $349,000 to $339,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
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Listing information last updated on October 16th, 2026 at 7:52pm CDT.