4203 Indian Bayou Trl Unit 1704, Destin, FL 32541

$260,000
2
BD
2
BA
970
SqFt

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Sold Price
$260,000
List Price
$275,000
Closing Date
Aug 24, 2026
Days on Market
317
MLS#
987354
Status
CLOSED
Type
Condo
Subtype
Condominium
Bedrooms
2
Bathrooms
2
Full Bathrooms
2
Living Area
970
Neighborhood
Destin Northwest

Property Description

7th floor turnkey condo at The Palms of Destin. Gulf and Destin Harbor views, fully furnished and backed by four years of proven rental income. HOA fees cover ALL utilities and amenities, including electric bill and internet. Most units in this resort promise rental potential. This one has the receipts: more than $50,000 in gross annual rent every year for the last four straight. That's actual performance, not a projection, with statements available on request. At $275,000, this is a rare thing in this building: an asset that's already earning, not one you have to prove out. Run your own numbers at the list price; they hold up. When you're using it yourself, the resort carries the lifestyle; multiple lagoon-style pools, a full fitness center, tennis, pickleball and basketball courts, an on-site restaurant, bar, and coffee shop, and a shuttle to the sand. 1704 lives bigger than its footprint: a king primary suite, a second bedroom with twin-over-full bunks that sleeps the whole family, updated flooring, and coastal furnishings throughout. Nothing to buy, nothing to fix. Use it, rent it, or both. Clean, proven, and earning the day you close.

Additional Information

Appliances
Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
Elementary School
Destin
High School
Destin
Legal Description
THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 2 UNIT 1704
Middle School
Destin
Neighborhood
Destin Northwest
Community Features
BBQ Pit/Grill, Community Room, Deed Access, Elevator, Exercise Room, Game Room, Pavillion/Gazebo, Picnic Area, Pool, Cable TV, Spa/Hot Tub, Short Term Rental Allowed
Subdivision
The Palms Of Destin
View
Gulf, Harbor
Year Built
2007

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Calculator source: Real Geeks

Listing courtesy of Dalton Wade Inc. Selling Office: .

Vendor Member Number : 28166