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$349,000
4203 Indian Bayou Trail, UNIT 11209
Destin, FL 32541
MLS# 974608
2 beds  |  2 baths  |  970 sqft


4203 Indian Bayou Trail, UNIT 11209, Destin, FL 32541
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Property Description
Exceptional opportunity to own a well established rental machine! Unit 11209 has had a stellar 4.86 rating on Airbnb with an outstanding $61k average gross rental income over the past 3 years ($70k 2022, $62K 2023 and $53k 2024)! Not only are you getting a unit with a proven income track record, but Year-to-date, an already earned over $45.5k with $2800 in confirmed future bookings. This junior suite, 2 bedroom, 2 bath unit is being sold turnkey and fully furnished!

Details
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 359.79
List Date: 2025-04-23
Current Price: $349,000
List Price: $349,000
Location, Tax and Legal
Unit #: UNIT 11209
Sub Area: 1403 - Destin Northwest
Elementary School: Destin
Middle School: Destin
High School: Fort Walton Beach
Legal Description: THE PALMS OF DESTIN RESORT CONFERENCE CENTER PH 2 UNIT 11209
General Property Info
Sub-Type: Condominium
Design: N/A
SqFt Source: County PA Records
Stories In Unit: 1
# of Units in Bldg: 203
Stories in Building: 12
Unit Floors Above Ground: 12
Immediate Occupancy: Yes
Pre-Const Flip: No
Garage: Yes
Carport: No
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 970
Bedrooms: 2
Full Baths: 2
Total Bathrooms: 2
Year Built: 2007
Listing Info, Tax & Legal
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 3598.18
Annual Assessment Amount: 14392.72
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 1199.39
New Buyer Fee Paid: $
Last Taxes: 3528.57
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Exceptional opportunity to own a well established rental machine! Unit 11209 has had a stellar 4.86 rating on Airbnb with an outstanding $61k average gross rental income over the past 3 years ($70k 2022, $62K 2023 and $53k 2024)! Not only are you getting a unit with a proven income track record, but Year-to-date, an already earned over $45.5k with $2800 in confirmed future bookings. This junior suite, 2 bedroom, 2 bath unit is being sold turnkey and fully furnished!
Construction Status
Construction Complete: 1
Parking Features
Garage: 1
Waterview
Bay: 1
Gulf: 1
Project Facilities
BBQ Pit/Grill: 1
Dumpster: 1
Elevators: 1
Exercise Room: 1
Gated Community: 1
Handicap Provisions: 1
Pets Allowed: 1
Pickle Ball: 1
Playground: 1
Pool: 1
Short Term Rental - Allowed: 1
Tennis: 1
TV Cable: 1
Whirlpool: 1
Construction/Siding
Block: 1
Concrete: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Exterior
Balcony: 1
Interior
Breakfast Bar: 1
Floor Vinyl: 1
Furnished - All: 1
Washer/Dryer Hookup: 1
Window Treatment All: 1
Woodwork Painted: 1
Financing
Other: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Fire Alarm/Sprinkler: 1
Microwave: 1
Refrigerator: 1
Refrigerator W/IceMk: 1
Stove/Oven Electric: 1
Washer: 1
Energy
AC - Central Elect: 1
Heat Cntrl Electric: 1
Mstr Bdrm/Mstr Bath
MBath Garden Tub: 1
Master Bedroom
First: 1
Bedroom
First: 1
Kitchen
First: 1
Rooms
Bedroom: 1
Dining Room: 1
Kitchen: 1
Master Bathroom: 1
Master Bedroom: 1
Fees Include
Accounting: 1
Electricity: 1
Ground Keeping: 1
Internet Service: 1
Legal: 1
Master Association: 1
Security: 1
Sewer: 1
Trash: 1
TV Cable: 1
Water: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 14 - Destin
Street #: 4203
Street Name: Indian Bayou
Street Suffix: Trail
State: FL
Zip Code: 32541
County: Okaloosa
Project Name/Subdivision: THE PALMS OF DESTIN
Parcel ID: 00-2S-22-2311-0001-1209
Property Features
Construction Status: Construction Complete
Waterview: Bay; Gulf
Parking Features: Garage
Project Facilities: BBQ Pit/Grill; Dumpster; Elevators; Exercise Room; Gated Community; Handicap Provisions; Pets Allowed; Pickle Ball; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Whirlpool
Exterior: Balcony
Interior: Breakfast Bar; Floor Vinyl; Furnished - All; Washer/Dryer Hookup; Window Treatment All; Woodwork Painted
Appliances: Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Microwave; Refrigerator; Refrigerator W/IceMk; Stove/Oven Electric; Washer
Utilities: Electric; Public Sewer; Public Water; TV Cable
Energy: AC - Central Elect; Heat Cntrl Electric
Master Bedroom: First
Bedroom: First
Kitchen: First
Rooms: Bedroom; Dining Room; Kitchen; Master Bathroom; Master Bedroom
Financing: Other
Fees Include: Accounting; Electricity; Ground Keeping; Internet Service; Legal; Master Association; Security; Trash; TV Cable; Water
Supplements
With six years of experience as a Superhost and being recognized as a guest favorite, this high-performing listing ensures quick rentals and provides significant advantages over starting from scratch. Additionally, it ranks among the top-rated properties in Destin. The Palms of Destin is an excellent investment opportunity, second home, or primary residence. This resort allows you to park and relax without ever needing to drive during your vacation. Enjoy the convenience of an on-site restaurant and coffee bar, along with a seasonal shuttle service that runs to various attractions in the area. Notably, HOA fees cover all utilities, including electricity, water, trash, Wi-Fi, and cable! During the day you are sure to enjoy the exterior features of the 11,000 sq ft lagoon pool, w/ waterfalls and bridges within the 2 acre ''oasis''. The children's pool and interactive splash fountain will provide hours of enjoyment while the parents enjoy a swim, or lounging with a drink from the on site restaurant and coffee shop. The Palms also features a new state of the art fitness center, pickle ball (outdoor), tennis and basketball court, seasonal shuttle, a new outdoor grilling area and an electric car charging station! Look no further as The Palms Resort and Conference center is a 5 star resort with amenities hard to beat! Then in the evening, you will find yourself on the balcony enjoying the breathtaking sunsets! Call your favorite agent for a showing today! While we believe all information to be accurate, buyer to verify all information including dimensions.
Room Information
Room Name Level Dimensions Length Width Remarks Dimensions
Dining RoomFirst14.7 x 714.707.00Dining/Living Combo14.7 x 7
KitchenFirst10 x 310.003.0010 x 3
Master BedroomFirst13.9 x 12.413.9012.4013.9 x 12.4
BedroomFirst7.1 x 6.97.106.907.1 x 6.9
Master BathroomFirst5.2 x 5.15.205.105.2 x 5.1

Listing Office: Go Coastal Realty LLC

Last Updated: September - 23 - 2025

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.


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