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For sale
  • $320,000

    4207 Indian Bayou Trl #2603, Destin, FL 32541

    2beds
    970sqft
    : 
    $2,045/mo
    Get pre-qualified
    Condominium
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $330/sqft
    $-- HOA

    What's special

    Gulf viewsBoth bathrooms are full-sizeBreakfast barFresh contemporary coastal furnishingsMultiple flat-screen smart tvsUpdated flooringOpen-concept kitchen
    $20K-$30K Gross Rental Income. HOA Covers ALL Utilities. Gulf Views. Turnkey. Done. Welcome to Unit 2603 at The Palms of Destin, a 6th-floor, Gulf-view, short-term rental approved condo that is already set up to earn. This is not a 'potential' investment. The HOA covering electricity, water, cable TV, and high-speed Wi-Fi, your ownership costs are predictable from day one. This Junior 2-Bedroom, 2-Bathroom condo offers 970 sq. ft. of updated, coastal-inspired living space and sleeps up to 6 guests, a king bed in the master suite, a queen bed in the guest room, and a full queen sleeper sofa in the living area. Both bathrooms are full-size. The open-concept kitchen, breakfast bar, and living/dining area flow seamlessly to your private Gulf-and-lagoon-view balcony, the feature guests screenshot and share before they even check in. Inside, you'll find updated flooring, fresh contemporary coastal furnishings, multiple flat-screen smart TVs, and a full-size in-unit washer and dryer, the amenity that earns 5-star reviews and repeat bookings from families and couples alike. The unit is fully furnished and turnkey. No additional investment required to start generating income. The resort amenities are a category of their own: Destin's largest lagoon pool, 11,000 sq. ft., 259,000 gallons, zero-entry design with 5 dancing waterfalls, walking bridges, and a sprawling lounge deck 21,000-gallon heated pool, children's splash pad, and whirlpool hot tub 2,265 sq. ft. state-of-the-art fitness center Two lighted tennis courts, full basketball courts, indoor pickleball court On-site Bistro Bar & Restaurant, coffee shop, and sports lounge Complimentary seasonal beach shuttle to public Gulf beach access Gated children's playground, BBQ & picnic areas Secured covered parking garage, elevator access, 24/7 security patrol EV charger on property Location is everything. You are steps from Joe's Crab Shack, Bubba Gump Shrimp, The Back Porch, Ruth's Chris Steak House, and Fudpuckers. Destin Commons (75+ shops, AMC Theater, Bass Pro Shop) and HarborWalk Village are minutes away by car. Henderson Beach State Park, 6,000 feet of pristine Gulf-front beach, is a 14-minute walk from your front door. Investment Highlights:  Short-Term Rental Approved, resort STR permitted, Okaloosa County  HOA Covers: Electricity | Water | Cable TV | High-Speed Wi-Fi | Amenities  Fully furnished and turnkey, income-ready from Day 1  6th Floor, Gulf views + lagoon pool views from private balcony  Sleeps 6, highest-demand guest configuration for families and groups  In-unit W/D, top-ranked amenity by guest review data  Year-round demand: peak summer + strong snowbird/winter market (Nov-Feb)  Built 2007 | 970 sq. ft. | 2BR / 2BA | Unit 2603 | 4201 Indian Bayou Trail Whether you're an investor looking for a proven Emerald Coast cash-flow vehicle, a 1031 exchange buyer deploying capital into a tax-advantaged beach asset, or a family ready to stop renting someone else's beach memories and start owning your own, Unit 2603 checks every box. Ready to run the numbers, schedule a showing, or review the rental performance history? Make your appointment for an exclusive tour today.
    42 days
    |
    1,124
    |
    66
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    India T Lucious 850-419-5528,

    EXP Realty LLC

    Source: ECAOR,MLS#: 1006188MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Description: Buyer to verify all measurements.
      • Level: First
      • Area: 156 Square Feet
      • Dimensions: 13 x 12
      Bedroom
      • Description: Buyer to verify all measurements.
      • Level: First
      • Area: 56 Square Feet
      • Dimensions: 8 x 7
      Kitchen
      • Description: Buyer to verify all measurements.
      • Level: First
      • Area: 90 Square Feet
      • Dimensions: 10 x 9
      Living room
      • Description: Buyer to verify all measurements.
      • Level: First
      • Area: 308 Square Feet
      • Dimensions: 22 x 14
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Dryer, Refrigerator, Washer
      Interior area
      • Total structure area: 970
      • Total interior livable area: 970 sqft

      Property

      Parking
      • Parking features: Detached
      • Has garage: Yes
      Features
      • Exterior features: Balcony, Tennis Court(s)
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      Details
      • Parcel number: 002S22231000002603

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Playground, Pool, Tennis Court(s), Pickleball, Short Term Rental - Allowed
      • Security: Smoke Detector(s)
      • Subdivision: THE PALMS OF DESTIN
      HOA
      • Has HOA: Yes
      • Services included: Electricity, Maintenance Grounds, Insurance, Security, Trash, Water, Internet
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $330/sqft
      • Tax assessed value: $305,020
      • Annual tax amount: $20,058
      • Date on market: 6/24/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/24/2026Listed for sale$320,000-12.3%$330/sqft
        Source: ECAOR #1006188 Report a problem
        7/29/2023Listing removed--
        Source: ECAOR #874783 Report a problem
        7/30/2021Sold$365,000-3.7%$376/sqft
        Source: Public Record Report a problem
        6/26/2021Pending sale$379,000$391/sqft
        Source: ECAOR #874783 Report a problem
        6/19/2021Listed for sale$379,000+111.7%$391/sqft
        Source: ECAOR #874783 Report a problem
        3/17/2018Sold$179,000-4.3%$185/sqft
        Source: Agent Provided Report a problem
        1/15/2018Price change$187,000+10%$193/sqft
        Source: Destin #756824 Report a problem
        11/4/2016Price change$170,000-2.3%$175/sqft
        Source: Keller Williams - Destin #756824 Report a problem
        8/19/2016Price change$174,000-2.8%$179/sqft
        Source: Keller Williams - Destin #756824 Report a problem
        7/13/2016Listed for sale$179,000+15.5%$185/sqft
        Source: Keller Williams - Destin #756824 Report a problem
        3/15/2016Sold$155,000-3.1%$160/sqft
        Source: ECAOR #743896 Report a problem
        1/5/2016Listed for sale$160,000-9.9%$165/sqft
        Source: ResortQuest Real Estate #743896 Report a problem
        6/26/2014Listing removed$177,500$183/sqft
        Source: ResortQuest Real Estate of Florida LLC DBA ResortQuest Real Estate #600692 Report a problem
        8/9/2013Price change$177,500-1.1%$183/sqft
        Source: Resortquest Real Estate Of Florida Llc #600692 Report a problem
        7/12/2013Listed for sale$179,500$185/sqft
        Source: Resortquest Real Estate Of Florida Llc #600692 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,613 -11.2%$305,020 -5.1%
        2024$4,069 +6.3%$321,437 -9.2%
        2023$3,829 +19.6%$354,000 +33.3%
        2022$3,201 +48.5%$265,650 +52.4%
        2021$2,156 +8.7%$174,300 +8.9%
        2020$1,984 +9.4%$160,000 +11.9%
        2019$1,814 +17.7%$143,000 +19.2%
        2018$1,541 $120,000 +3.4%
        2017$1,541 +1.6%$116,000 +3.6%
        2016$1,516 +4.2%$112,000 -4.3%
        2015$1,455 -6.1%$117,000
        2014$1,550 $117,000 +8.3%
        2013-- $108,000
        2012-- $108,000 -1.4%
        2011-- $109,500 -25.5%
        2010-- $147,000 -34.1%
        2009-- $223,000 -27.8%
        2008-- $309,000 +1960%
        2007-- $15,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32541

        Getting around

        49 / 100
        Car-Dependent
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Destin
        • Middle: Destin
        • High: Destin

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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