4207 Indian Bayou Trail, Unit 2603 Destin, FL 32541

PRICED AT $320,000

Listing Details

$320,000
MLS# 1006188
Type Residential - Condominium
Status Active

2 Bedrooms
2 full Bathrooms
970 Square Feet
2007 Year Built

Description

$40K-$50K 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....read more 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, youll 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: Destins 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, childrens 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 childrens playground, BBQ & picnic areas Secured covered parking garage, elevator access, 24/7 security patrol EV charger on propertyLocation is everything. You are steps from Joes Crab Shack, Bubba Gump Shrimp, The Back Porch, Ruths 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 TrailWhether youre 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 elses 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.

Features

Cooktop
Dishwasher
Dryer
Refrigerator
Smoke Detector
Washer
Central Air
Central
12.0 Stories
$20,058 Taxes
Built in 2007

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/29/2026. The listing information on this page last changed on 06/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/29/2026 6:53:53 AM EST) or Pensacola MLS (last updated Mon 06/29/2026 6:24:36 AM EST) or Baldwin County MLS (last updated Mon 06/29/2026 2:31:09 AM EST) or Emerald Coast MLS (last updated Mon 06/29/2026 6:29:58 AM EST) or Navarre Area Board Of Realtors (last updated Mon 06/29/2026 6:48:22 AM EST) or Commercial Exchange (Levin Rinke) (last updated Sun 06/28/2026 7:19:01 PM EST). Real estate listings held by brokerage firms other than Levin Rinke Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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