4207 Indian Bayou Trail 2804
Destin, FL 32541
MLS# 996993
2 beds | 2 baths | 970 sqft
Property DescriptionSearching for a 2-bed condo in Destin FL approved for short-term rental with Gulf views and resort amenities? Residence 2804 at The Palms of Destin offers a fully renovated 8th-floor unit with sunset views over the City of Destin and partial Gulf views. Updated in 2025 and offered at $329,000, this turnkey property also features potential VA-assumable financing at 3.5% for qualified buyers, creating a rare opportunity for investors or second-home owners near Destin beaches.
Listing Board: Emerald Coast
List Price/SqFt: 324.64
List Date: 2026-03-05
Current Price: $314,900
Unit #: 2804
Sub Area: 1403 - Destin Northwest
Elementary School: Destin
Middle School: Destin
High School: Destin
Legal Description: THE PALMS OF DESTIN RESORT & CONFERENCE CENTER PH 1 UNIT 2804
Sub-Type: Condominium
Design: N/A
SqFt Source: County PA Records
Stories In Unit: 1
# of Units in Bldg: 201
Stories in Building: 12
Unit Floors Above Ground: 8
Immediate Occupancy: Yes
Pre-Const Flip: No
Garage: No
Pool Type: Community
Apx SqFt(Htd/Cooled): 970
Total Bathrooms: 2
Year Built: 2007
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: 1199.4
New Buyer Fee Paid: $
Last Taxes: 2969.74
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks: Searching for a 2-bed condo in Destin FL approved for short-term rental with Gulf views and resort amenities? Residence 2804 at The Palms of Destin offers a fully renovated 8th-floor unit with sunset views over the City of Destin and partial Gulf views. Updated in 2025 and offered at $329,000, this turnkey property also features potential VA-assumable financing at 3.5% for qualified buyers, creating a rare opportunity for investors or second-home owners near Destin beaches.
BBQ Pit/Grill: 1
Community Room: 1
Exercise Room: 1
Game Room: 1
Handicap Provisions: 1
Pavillion/Gazebo: 1
Pets Allowed: 1
Pickle Ball: 1
Picnic Area: 1
Playground: 1
Pool: 1
Short Term Rental - Allowed: 1
Electric: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Breakfast Bar: 1
Floor Laminate: 1
Floor Tile: 1
Furnished - All: 1
Newly Painted: 1
Renovated: 1
Washer/Dryer Hookup: 1
Window Treatment All: 1
Dryer: 1
Fire Alarm/Sprinkler: 1
Microwave: 1
Oven Self Cleaning: 1
Refrigerator W/IceMk: 1
Smoke Detector: 1
Stove/Oven Electric: 1
Warranty Provided: 1
AC - Central Elect: 1
Ceiling Fans: 1
Double Pane Windows: 1
Heat Cntrl Electric: 1
Tinted Windows: 1
Water Heater - Elect: 1
Living Room: 1
Master Bathroom: 1
Accounting: 1
Electricity: 1
Ground Keeping: 1
Insurance: 1
Internet Service: 1
Management: 1
Master Association: 1
Recreational Faclty: 1
Area: 14 - Destin
Street #: 4207
Street Name: Indian Bayou
Street Suffix: Trail
County: Okaloosa
Project Name/Subdivision: THE PALMS OF DESTIN
Parcel ID: 00-2S-22-2310-0000-2804
Construction Status: Construction Complete
Project Facilities: BBQ Pit/Grill; Community Room; Dumpster; Elevators; Exercise Room; Game Room; Handicap Provisions; Pavillion/Gazebo; Pets Allowed; Pickle Ball; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable
Interior: Breakfast Bar; Floor Laminate; Floor Tile; Furnished - All; Newly Painted; Renovated; Washer/Dryer Hookup; Window Treatment All
Appliances: Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Microwave; Oven Self Cleaning; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Warranty Provided; Washer
Utilities: Electric; Public Sewer; Public Water; TV Cable; Underground
Energy: AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat Cntrl Electric; Tinted Windows; Water Heater - Elect
Rooms: Bunk Room; Kitchen; Living Room; Master Bathroom; Master Bedroom
Assumable Mtg Typ: VA Fixed
Financing: Conventional; VA
Fees Include: Accounting; Electricity; Ground Keeping; Insurance; Internet Service; Management; Master Association; Recreational Faclty; Security; Trash; TV Cable; Water
Existing Leases: Daily/Weekly
Unit 2804 at The Palms of Destin Resort and Conference Center offers sunset views, modern updates, and strong investment potential in one of Destin's most amenity-rich communities.
Located on the 8th floor at 4207 Indian Bayou Trail, this west-facing 2-bedroom, 2-bath condominium features 970 square feet of thoughtfully designed living space with sweeping views across the City of Destin and partial Gulf views in the distance.
The interior was fully renovated in 2025 with new flooring, fresh interior paint, updated bedroom furnishings, curated artwork, refreshed kitchenware, balcony furniture, and three smart televisions. The efficient layout supports both vacation stays and short-term rental use while remaining easy to maintain.
From the private balcony, owners and guests can enjoy colorful sunset skies over the Destin skyline and a relaxed coastal atmosphere after a day at the beach.
Residents and guests enjoy resort-style amenities including a lagoon-style zero-entry pool, expansive sunbathing areas, on-site dining at the Blue Lagoon restaurant, a fitness center, tennis courts, landscaped recreation areas, and a seasonal shuttle service to nearby beaches, restaurants, shopping, and entertainment.
Beach access is located directly across the street at June White Decker Public Beach Access on Restaurant Row. Many prefer Henderson Beach State Park, which is also nearby and offers miles of protected shoreline and scenic coastal dunes.
Quarterly HOA dues of $3,598.18 include electricity, water, sewer, cable television, internet service, building insurance, security, groundkeeping, management, and recreational facilities. The one-time new buyer fee is $1,199.40 and 2025 property taxes were $2,850.95.
| Room Name | Level | Dimensions | Length | Width | Remarks | Dimensions |
| Living Room | First | 23 x 14 | 23.00 | 14.00 | Living/Dining Combo | 23 x 14 |
| Kitchen | First | 10 x 9 | 10.00 | 9.00 | | 10 x 9 |
| Master Bedroom | First | 13 x 12 | 13.00 | 12.00 | | 13 x 12 |
| Bunk Room | First | 8 x 7 | 8.00 | 7.00 | | 8 x 7 |
| Master Bathroom | First | 8 x 6 | 8.00 | 6.00 | | 8 x 6 |
Listing Office: Coldwell Banker Realty
Last Updated: March - 28 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.