4207 Indian Bayou Trl # 2214, Destin, FL 32541

What's special

Remodeled and meticulously maintained, this lower-level 2nd-floor condo at The Palms of Destin is a true rental gem with upgrades throughout and a proven rental history! The unit has been thoughtfully refreshed with new flooring throughout, fresh paint, an upgraded kitchen with quartz countertops, cabinetry and hardware, stainless-steel appliances, newer HVAC (2022) , hot water heater (2022), full-size washer/dryer, updated bathroom vanity tops and lighting, ceiling fans, and new TVs. Coastal furnishings and décor complement the relaxed Florida lifestyle, while both the living room and primary bedroom offer direct access to the spacious balcony overlooking the beautifully landscaped tropical grounds, creating a peaceful and private setting for owners and guests. The condo has generated impressive gross rental income, including $45,249 in 2021, $47,388 in 2022, $45,389 in 2023 and $30,316 in 2024-totaling almost $200k over the previous 5 years! The owner chose to occupy the property as their personal residence in 2025 and 2026, so there was no rental income during those years. Enjoy The Palms of Destin's impressive 5-star resort amenities, including the expansive lagoon-style pool with waterfalls, heated pool, kiddie pool and splash pad, hot tub, state-of-the-art fitness center, indoor and outdoor pickleball, tennis, basketball, onsite restaurant and bar, coffee shop, covered parking, 24-hour security, EV charging stations and more. HOA amenities also include all utilities, including electricity. Ideally located just minutes from Destin's world-famous beaches, this turnkey condo is an excellent opportunity for a vacation home, primary residence or income-producing investment. Schedule your showing today!

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