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4207 Indian Bayou Trail , Unit 21014

Destin, FL 32541
  • $315,000
  • STATUS: Pending
  • ON SITE: 25 Days
  • MLS #: 1005637
Pending
UPDATED: 26 min ago
$315,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 970
    SQFT
  • $325
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2007
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Watch the sun drop into the Gulf of Mexico every evening from your own private balcony. Unit 21014 at The Palms of Destin sits in the coveted west tower, delivering unobstructed Gulf views and legendary Emerald Coast sunsets that never get old. At 970 heated and cooled square feet, this fully furnished two-bedroom, two-bath condo has been completely refreshed -- all new furniture and furnishings throughout, move-in and rent-ready from day one. The Palms is one of the Gulf Coast's most complete resort complexes: a spectacular lagoon-style pool with waterfalls, hot tub, and splash pad; an award-winning onsite restaurant and coffee shop; a 10,000+ sq ft fitness center; pickleball and tennis courts; basketball; poolside tiki bar; and a beach shuttle running mid-March through October. The quarterly HOA covers everything -- electric, water, internet, cable, all building insurance, trash, and full resort amenity access. Bring your personal belongings and your rental calendar. Nothing else required. Comparable well-managed two-bedroom units here generate $45,000-$55,000+ in annual gross rental income. Portfolio financing available -- contact listing agent for current approved lender list. Priced to move. This is the best value in the building for a west-facing Gulf-view unit. See agent remarks for showing instructions. THE UNIT Unit 21014 occupies a prime position in the west tower of The Palms of Destin Resort & Conference Center -- one of the Emerald Coast's most recognized vacation destinations. The unit has been completely refreshed over the past year: every room features all-new furniture and furnishings, creating a turnkey product that photographs beautifully and is ready to receive guests or welcome a new owner without a dollar of additional investment. The west tower orientation means this unit captures the two things Destin buyers want most: clear Gulf of Mexico views and those legendary sunset skies -- orange, gold, and pink -- that have made the Emerald Coast famous. This is not a pool-facing unit. It's the quieter, more private perspective. The one you watch the horizon from. Interior layout features an open-plan living and dining area, a well-equipped kitchen with full appliances, a master suite with walk-in closet, a second bedroom configured with bunk beds for maximum rental occupancy, two full bathrooms, and in-unit laundry. All appliances convey. THE HOA -- WHAT IT ACTUALLY COVERS: The quarterly HOA fee covers every operating expense an owner would otherwise carry separately: electricity, water, cable, internet, trash removal, all structural and exterior building insurance, pest control, grounds maintenance, and full access to all resort amenities. There is no separate power bill. No water bill. No insurance premium for the structure. Owners are responsible only for contents/renter's insurance -- approximately $1,200-$1,300 per year -- and their own personal property taxes. For investment buyers, this is a significant operational advantage: monthly carrying costs outside the mortgage are fixed, predictable, and fully disclosed. No surprise utility bills. THE RESORT -- AMENITIES IN FULL The Palms of Destin is not a basic condo complex. The amenity package rivals full-service Gulf Coast resorts: a multi-pool lagoon system with waterfalls, heated pool, children's splash pad, and a hot tub; an onsite restaurant and tiki bar; a dedicated coffee shop; a 10,000+ square foot fitness center; pickleball courts, tennis, basketball, and a grilling area; covered parking; and a complimentary beach shuttle running mid-March through October. For guests, this level of amenity means 5-star reviews, repeat bookings, and premium nightly rates. For owners, demand is driven by the property itself -- not the individual unit. THE INVESTMENT CASE West-tower two-bedroom units at The Palms with competent management and optimal pricing have demonstrated $45,000-$55,000 in annual gross rental income. The unit is currently enrolled in a short-term

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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Vendor Member number: 28178. Data last updated: 2026-07-13T14:01:09.707.
Vendor Member #28178.
www.scenicsir.com/homes/177790742
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4207 Indian Bayou Trail , Unit 21014 Destin, FL 32541

  • Price: $315,000
  • Status: Pending
  • On Site: 25 Days
  • Updated: 26 min ago
  • MLS #: 1005637
2
Beds
2
Baths
0
½ Baths
N/A
Acres
970
SQFT
$325
$/SQFT
2007
Built
Neighborhood:
The Palms Of Destin
County:
Okaloosa
Area:
Destin
Elementary School:
Destin
Middle School:
Destin
High School:
Destin
Property Description
Watch the sun drop into the Gulf of Mexico every evening from your own private balcony. Unit 21014 at The Palms of Destin sits in the coveted west tower, delivering unobstructed Gulf views and legendary Emerald Coast sunsets that never get old. At 970 heated and cooled square feet, this fully furnished two-bedroom, two-bath condo has been completely refreshed -- all new furniture and furnishings throughout, move-in and rent-ready from day one. The Palms is one of the Gulf Coast's most complete resort complexes: a spectacular lagoon-style pool with waterfalls, hot tub, and splash pad; an award-winning onsite restaurant and coffee shop; a 10,000+ sq ft fitness center; pickleball and tennis courts; basketball; poolside tiki bar; and a beach shuttle running mid-March through October. The quarterly HOA covers everything -- electric, water, internet, cable, all building insurance, trash, and full resort amenity access. Bring your personal belongings and your rental calendar. Nothing else required. Comparable well-managed two-bedroom units here generate $45,000-$55,000+ in annual gross rental income. Portfolio financing available -- contact listing agent for current approved lender list. Priced to move. This is the best value in the building for a west-facing Gulf-view unit. See agent remarks for showing instructions. THE UNIT Unit 21014 occupies a prime position in the west tower of The Palms of Destin Resort & Conference Center -- one of the Emerald Coast's most recognized vacation destinations. The unit has been completely refreshed over the past year: every room features all-new furniture and furnishings, creating a turnkey product that photographs beautifully and is ready to receive guests or welcome a new owner without a dollar of additional investment. The west tower orientation means this unit captures the two things Destin buyers want most: clear Gulf of Mexico views and those legendary sunset skies -- orange, gold, and pink -- that have made the Emerald Coast famous. This is not a pool-facing unit. It's the quieter, more private perspective. The one you watch the horizon from. Interior layout features an open-plan living and dining area, a well-equipped kitchen with full appliances, a master suite with walk-in closet, a second bedroom configured with bunk beds for maximum rental occupancy, two full bathrooms, and in-unit laundry. All appliances convey. THE HOA -- WHAT IT ACTUALLY COVERS: The quarterly HOA fee covers every operating expense an owner would otherwise carry separately: electricity, water, cable, internet, trash removal, all structural and exterior building insurance, pest control, grounds maintenance, and full access to all resort amenities. There is no separate power bill. No water bill. No insurance premium for the structure. Owners are responsible only for contents/renter's insurance -- approximately $1,200-$1,300 per year -- and their own personal property taxes. For investment buyers, this is a significant operational advantage: monthly carrying costs outside the mortgage are fixed, predictable, and fully disclosed. No surprise utility bills. THE RESORT -- AMENITIES IN FULL The Palms of Destin is not a basic condo complex. The amenity package rivals full-service Gulf Coast resorts: a multi-pool lagoon system with waterfalls, heated pool, children's splash pad, and a hot tub; an onsite restaurant and tiki bar; a dedicated coffee shop; a 10,000+ square foot fitness center; pickleball courts, tennis, basketball, and a grilling area; covered parking; and a complimentary beach shuttle running mid-March through October. For guests, this level of amenity means 5-star reviews, repeat bookings, and premium nightly rates. For owners, demand is driven by the property itself -- not the individual unit. THE INVESTMENT CASE West-tower two-bedroom units at The Palms with competent management and optimal pricing have demonstrated $45,000-$55,000 in annual gross rental income. The unit is currently enrolled in a short-term
Exterior Features

Architectural Style N/A Carport YN No Construction Materials ConcreteAluminum Siding Door Features [] Exterior Balcony Exterior Features Balcony Foundation Details Foundation On Piling Garage YN No Parking [] Parking Total 0 Patio And Porch Features [] Pool Yes Pool Features [] Roof [] View BayBayouGulf Window Features []

Interior Features

Appliance Info DishwasherDryerMicrowaveRefrigeratorStove/Oven ElectricWasher Appliances DishwasherDryerMicrowaveRefrigeratorWasher Basement [] Bedroom Level First Cooling Central Air Cooling YN Yes Fireplace Features [] Flooring [] Furnished Furnished Heating Central Heating YN Yes Interior Breakfast BarFurnished - AllOwner's Closet Interior Features Breakfast BarOwner's Closet Kitchen Level First Living Room Level First Master Bedroom Level First Rooms BedroomMaster BedroomKitchenLiving Room Rooms Total 4 Stories In Unit 1 Unit Floors Above Ground 10

Property Features

Assessment Amount 3550 Assessment Paid Quarterly Association Fee Includes ElectricityMaintenance GroundsInsuranceLegalSecuritySewerCable TVTelephoneTrashWaterInternet Association YN Yes Buyer Financing [] Community Features Community RoomElevatorsExercise RoomPlaygroundPoolTV CableTennis Court(s)WhirlpoolPets AllowedPickleballShort Term Rental - Allowed Energy AC - Central ElectHeat Cntrl Electric Fees Include AccountingElectricityGround KeepingInsuranceLegalSecuritySewerTV CableTelephoneTrashWaterMaster AssociationInternet Service Fencing [] Green Energy Efficient [] Immediate Occupancy Yes Is Subject Leased No Lot Features [] New Construction YN No Number Of Units In Building 203 Number Of Units In Community 203 Other Equipment [] Other Structures [] Property Condition Construction Complete Property Sub Type Condominium Road Frontage Type [] Road Surface Type [] Security Features [] Special Listing Conditions [] Stories Total 12 Tax Annual Amount 3326.05 Tax Year 2022 Utilities [] Utility Info ElectricPublic SewerPublic Water Water Source Public Waterfront Features []

Listing courtesy of RE/MAX Coastal Properties: 850-837-9900.



© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Vendor Member number: 28178. Data last updated: 2026-07-13T14:01:09.707.
Vendor Member #28178.
 
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