
4207 Indian Bayou Trail UNIT 21201, Destin, FL 32541
THE PALMS OF DESTIN · Okaloosa County
Key Facts
Description
WOW PENTHOUSE & GULF VIEWS! This 'Guest favorite' is ranked 5 stars, and is ready to welcome you and your guests. Located at the penthouse 12th level this renovated exquisite 2-bedroom, 2-bathroom condo redefines luxury living with its breathtaking beachside charm and Spectacular Gulf Views! As you enter, you'll be greeted by crisp coastal white walls, complemented by beach inspired accents that evoke a sense of calm and spaciousness. The open-concept design seamlessly connects each area, allowing sunlight to illuminate the space and highlight the condo's stunning penthouse views of the Gulf and the Resorts 5 Star Lagoon Pool, and tropical filled grounds. An Incredible Investment Opportunity: with an amazing ROI Impressive rental history $$67,311 for 2024 and $59,540 so far in 2025, Boasting a strong rental history and future bookings already in place, this condo is not just a beautiful home but a lucrative investment. Perfect for investors, this property is ready to start generating income immediately. A Kitchen Built for Culinary Masterpieces: This fully remodeled kitchen is a chef's paradise, featuring stylish maple cabinetry, polished granite countertops, a brand-new refrigerator Dishwasher & Microwave & garbage disposal. Whether you're crafting a gourmet feast or a quick snack, this kitchen is both highly functional and aesthetically pleasing, complete with all the kitchenware and appliances needed to prepare delicious family meals. Relax and Entertain in Style: Beyond the kitchen, there are barstools for 3 at the kitchen bar; and the dining area is enhanced with a coastal wood table and chairs, creating a cozy setting perfect for intimate dinners or larger social gatherings. Moving from the open concept dining area to the living room, you will find an Extra-large wall mount flat screen tv and a room adorned with coastal-inspired furnishings and boasting spectacular gulf views. It is your perfect relaxation haven. Open the sliding glass doors to the expansive balcony to savor your morning coffee while taking in the sweeping horizon or unwind with an evening drink as the sky paints a colorful end to another day in paradise. A Luxurious Master Retreat: The primary bedroom serves as a tranquil escape, featuring a king-sized bed and blackout curtains to ensure a peaceful night's sleep. A small dedicated workspace is etched out to catch up with folks back home or just catch up on emails. The en suite bathroom, equipped with a spacious garden soaking tub, shower combo and linen closet. A Comfortable Guest Oasis: The second bedroom is ideal for guests offering another King Bed, with access to a secondary private balcony that overlooks the tennis courts, City Park and playground. with Bay views. The second Guest bathroom has been updated with Carrea marble and stone, creating a sense of luxury, with a newly tiled walk-in shower. Move-In Ready Convenience: This condo has been expertly renovated and comes fully furnished, including all décor, kitchen accessories, appliances, and a full-sized stacked washer and dryer at the entrance. Every detail has been carefully considered, so all you need to bring is your suitcase! The new owner will benefit from a New HVAC, still under warranty, and a new water heater, providing peace of mind and added value. Resort-Style Amenities Await You: As a resident of The Palms of Destin Resort, you'll have exclusive access to a host of amenities, including a stunning lagoon-style pool, hot tub, secondary heated pool, and a poolside bar offering room service. Additional amenities include a splash pad, a modern fitness center, outdoor pickleball, tennis, and basketball courts. Playground and charcoal grilling area. Enjoy relaxation at the IV hydration bar or use the resort shuttle to explore nearby Henderson Beach and shopping destinations. With the on-site Palms Coffee House and the vibrant Good Vibes Bar, & Bistro there's truly something for everyone to enjoy. Call to schedule your video walk through or your private tour of this Amazing Penthouse level condo today!
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
N/A
Year Built
2007
Stories
12
Living Area
1,175 sq ft
Days on Market
634
MLS® Listing#
958253
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Parking
Construction
Roof
Windows
Security
Community
Utilities
Sewer
Water Source
Rooms
- Bedroom17 x 15First
- Kitchen10 x 9First
- Living Room21 x 12First
- Master Bedroom15 x 14First
Schools
- Elementary:
- Destin
- Middle:
- Destin
- High:
- Destin
Financial Details
HOA
$4,488 / Quarterly
Annual Taxes
$4,408
Tax year 2023
Parcel Number
00-2S-22-2310-0002-1201
Directions
Located on the Corner of Indian Bayou Trail and Emerald Coast Parkway, 1/2 mile to entrance of Henderson State Park Beach.
Affordability Calculator
$107,800
Estimated monthly payment
$2,869/mo
Principal $431,200 · Est. interest $601,562 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Destin, FL
- $641,304
- Median Listing Price
- 116
- Median Days on Market
- 1,500
- Median Sq Ft
- $460
- Median Price / Sq Ft
- 710
- Active Listings
- This home’s price is 16% below the area median.
- Its price per sq ft is right around the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Destin, FL.
Location
Points of Interest in Destin, FL
Showing the Destin area map.
Nearby Schools
Destin High School
Secondary · 0.8 mi away
Asheford Institute of Antiques
School · 1.9 mi away
Destin Middle School
Secondary · 2.0 mi away
Destin Elementary School
Elementary · 2.3 mi away
Gateway Academy
School · 6.2 mi away
Bluewater Elementary School
Elementary · 7.4 mi away
Addie R Lewis School
Elementary · 7.5 mi away
Eglin Elementary School
Elementary · 7.5 mi away
Niceville Head Start
School · 7.8 mi away
Shalimar Elementary School
Elementary · 8.2 mi away
Meigs Middle School
Secondary · 8.5 mi away
St. Paul Lutheran Church and School of Niceville
School · 8.6 mi away
James E. Plew Elementary School
Elementary · 8.6 mi away
Niceville High School
Secondary · 8.7 mi away
Elliott Point Elementary School
Elementary · 8.7 mi away
Ami Kids Emerald Coast
School · 8.7 mi away
Emerald Coast Autism Center
School · 8.8 mi away
Kids Discovery
School · 9.0 mi away
Okaloosa Stemm Center
Secondary · 9.0 mi away
Ashnick Academy
School · 9.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 775 Gulf Shore Drive UNIT 3205, Destin, FL | $378,000 | 2 | 2 | 950 |
| 775 Gulf Shore Drive UNIT 7201, Destin, FL | $379,000 | 2 | 2 | 950 |
| 3755 Scenic Hwy 98 UNIT 303, Destin, FL | $379,000 | 2 | 2 | 1,095 |
| 3291 Scenic Hwy 98 208, Destin, FL | $379,500 | 1 | 1 | 692 |
| 635 Sea View Drive, Destin, FL | $379,900 | 3 | 2 | 1,446 |
| 1102 Quail Circle, Destin, FL | $384,000 | 3 | 2 | 1,304 |
Moving Cost Estimate
EXIT Agents in Destin
Listing Courtesy: Bastion Realty LLC - 8504201959















