4203 Indian Bayou TRL #1704 Destin, FL 32541
2 Beds
2 Baths
970 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Pending
Purchase Type For Sale
Square Footage 970 sqft
Price per Sqft $283
Subdivision The Palms Of Destin
MLS Listing ID 987354
Bedrooms 2
Full Baths 2
HOA Fees $3,204/qua
HOA Y/N Yes
Year Built 2007
Annual Tax Amount $3,912
Tax Year 2024
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 970
Property Description
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.
Location
State FL
County Okaloosa
Community Short Term Rental - Allowed, Bbq Pit/Grill, Community Room, Deed Access, Elevators, Exercise Room, Game Room, Handicap Provisions, Pavillion/Gazebo, Picnic Area, Pool, Tv Cable, Whirlpool
Area 14 - Destin
Direction When heading West along Highway 98 toward Henderson Beach State Park, turn Right onto Indian Bayou Trail. The entrance will be on your right. Resort Main Entrance is on Indian Bayou Trail, Unit 1704 is in the East Tower.
Rooms
Primary Bedroom Level Main
Master Bedroom true
Kitchen true
Interior
Heating Central
Cooling Central Air
Furnishings Furnished - All
Appliance Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
Exterior
Pool Pool Type
Community Features Short Term Rental - Allowed, BBQ Pit/Grill, Community Room, Deed Access, Elevators, Exercise Room, Game Room, Handicap Provisions, Pavillion/Gazebo, Picnic Area, Pool, TV Cable, Whirlpool
Utilities Available Electric, Public Water, TV Cable
View Harbor, Gulf
Garage No
Building
Faces When heading West along Highway 98 toward Henderson Beach State Park, turn Right onto Indian Bayou Trail. The entrance will be on your right. Resort Main Entrance is on Indian Bayou Trail, Unit 1704 is in the East Tower.
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Destin
Middle Schools Destin
High Schools Destin
Others
Pets Allowed No
HOA Fee Include Ground Keeping, Management
Tax ID 00-2S-22-2311-0000-1704
Nearby Locations