$399,900

4203 Indian Bayou Trl Unit 11209 Destin, FL 32541

$4,749
Closing credit¹
2 beds
2 full
970 sqft
$412 / sqft
Condo

Property details

About 4203 Indian Bayou Trl Unit 11209

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 $14,500 with $16,000 in confirmed future bookings. This junior suite, 2 bedroom, 2 bath unit is being sold turnkey and fully furnished! 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 childrens 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.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size970 sqft
Year built2007
ParkingGarage
MLS #974608
ViewGulf, Bay

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator, Ice Maker, Electric Oven, Washer
  • Interior: Breakfast Bar, Washer/Dryer Hookups, Woodwork Painted
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Private Pool: No
  • Parking: Garage
  • View: Gulf, Bay
  • Exterior: Balcony
  • Architectural Style: N/A
  • Heating: Central
  • Cooling: Central Air
  • List Price: $399,900
  • Price/SqFt: $412
  • HOA Amount: $3598 Quarterly
  • Annual Tax Amount: $3,354
  • Tax Year: 2023
  • Directions: Hwy 98 to Indian Bayou Trail, turn right into the Palms of Destin, unit is in the east tower on the 12th floor
  • Year Built: 2007
  • Living Area: 970 SqFt
  • MLS Number: 974608
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Go Coastal Realty LLC
  • Office Email: nichole@gocoastalrealty.com
  • Listing Agent: Nichole P Causton

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2025, 5:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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4203 Indian Bayou Trl Unit 11209, Destin, FL 32541 - balcony with a city view

$399,900

4203 Indian Bayou Trl Unit 11209

$4,749

closing credit¹

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Price information

Property sales

DateEventPrice
Nov 08, 2019
Home Sold
$230,000
Jun 21, 2012
Home Sold
$147,900
Feb 01, 2007
Home Sold
$443,000

Tax history

YearAssessmentProperty Tax
2023$350,000$3,354
2022$295,000$2,953
2021$186,300$2,953
2020$167,000$2,296
2018$132,000$1,694
2017$128,000$1,672

History based on county public records data.

Nearby schools

8

Destin Elementary School

Public District PK-4

2.3 mi

630 Kelly St

9

Bluewater Elementary School

Public District KG-5

7.4 mi

4545 Range Rd

7

Eglin Elementary School

Public District KG-4

7.7 mi

200 Gaffney Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $116,708. Residents of Destin, FL typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

7%
<35k
36%
35k-100k
35%
100k-200k
22%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
5%
Single, with Kids
40%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
17%
18-34 yrs old
47%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • College FootballCollege Football
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Express/Express For MenExpress/Express For Men
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • PaneraPanera
  • SonicSonic
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • InfinitiInfiniti
  • KiaKia
  • LexusLexus

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4203 Indian Bayou Trl Unit 11209

The listing price of 4203 Indian Bayou Trl Unit 11209 property is $399,900.

The property 4203 Indian Bayou Trl Unit 11209 is a condo located in Destin, Florida, 32541.

Active Listing: 4203 Indian Bayou Trl Unit 11209 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4203 Indian Bayou Trl Unit 11209 are: Destin Elementary School (GreatSchools Rating 8/10), Bluewater Elementary School (GreatSchools Rating 9/10), Eglin Elementary School (GreatSchools Rating 7/10), Destin Middle School (GreatSchools Rating 8/10), Lewis School (GreatSchools Rating 8/10), Meigs Middle School (GreatSchools Rating 5/10), Niceville High School (GreatSchools Rating 6/10), Collegiate High School at Northwest Florida State College (GreatSchools Rating 9/10), Choctawhatchee High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $3,354 (source: MLS/based on county public records data).

The last sale was on November 8, 2019 for $230,000 (source: MLS/tax record).

The property at 4203 Indian Bayou Trl Unit 11209 has 2 bedrooms and 2 bathrooms.

The property 4203 Indian Bayou Trl Unit 11209 is 970 SqFt (source: MLS/tax record).

The year of construction for 4203 Indian Bayou Trl Unit 11209 is 2007.

This home is located at 4203 Indian Bayou Trl Unit 11209 in Destin, FL and zip code 32541. This 970 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $399,900.

Over 1 listings were sold over their listed price in April 2025 in Destin, FL. In the same period over 45 listings were sold below the listed price and 5 listings were sold for the listed price. The number of homes for sale in Destin, FL increased by 9% between March and April 2025. In April 2025, listings were on the market for 113 days. During the same period, the median list price in this real estate market was $615,000.

From Rocket Homes Real Estate and based on county public records data.

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