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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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4203 Indian Bayou Trl Unit 1415 , Destin, FL 32541
$399,000
Est. Payment: $2,023.44/mo
2 Bed
2 Bath
1150 Sqft
Status: active | Days on site: 115
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

This unit just isn't beautiful...Its performing! With $56,244.20 in projected 2026 gross rental income, including $27,400.57 in upcoming reservations, this turnkey investment is ready to continue generating revenue day one! Welcome to your home away from home! This beautifully updated 4th-floor condo at the Palms of Destin Resort showcases stunning tropical pool views and offers the perfect blend of comfort, convenience, and investment potential. This spacious 2BR/2BA unit is sold fully furnished and completely turnkey--ready for immediate enjoyment or rental income. Thoughtful upgrades enhance both value and peace of mind. In 2022, all appliances were replaced with Whirlpool stainless steel models, including the refrigerator, stove/oven, microwave, and washer/dryer combo. Hot water heater replaced 2023. Inside, the open living area features comfortable seating with a new queen sleeper sofa and loveseat, a flat-screen TV, ceiling fan, and direct access to a private balcony--ideal for relaxing or entertaining. Both the primary and guest bedrooms offer king-sized beds and flat-screen TVs, creating a comfortable retreat after a day at the beach or pool. The Palms of Destin is ideal as an investment property, second home, or primary residence. Enjoy on-site dining, a coffee bar, and a seasonal shuttle to nearby attractions--allowing you to park and unwind without ever needing to drive. Even better, HOA dues cover all utilities, including electricity, water, trash, premium cable, and Wi-Fi. Resort-style amenities include an 11,000 sq ft lagoon pool with waterfalls and bridges, a children's pool and splash fountain, a state-of-the-art fitness center, indoor pickleball, tennis and basketball courts, outdoor grilling areas, and more--all within a beautifully landscaped 2-acre tropical setting. End your day on the private balcony, taking in breathtaking sunsets over the palm-lined resort. Don't miss this opportunity of owning a condo in one of Destin's most sought-after communities--schedule your private showing today! Electric vehicle charging stations are available in the parking garage, adding modern convenience for owners and guests. While all information is believed to be accurate, buyer to verify all details including dimensions.

Highlights

Listed by Nichole P Causton , 850-714-7600 Go Coastal Realty LLC , 850-714-7600. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

Year Built

2007

County

Okaloosa

Area

14 - Destin

Neighborhood

The Palms Of Destin

Listing ID

1001164

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:
Floor:Floor Vinyl
Other:
  • Additional:Breakfast Bar, Owner's Closet, Pantry, Washer/Dryer Hookup

Exterior Features

Others:
  • Additional:Balcony
Sewer:Public Sewer
Parking Features:Garage
Principal Interest
$2,023
Taxes
$298
HOA
$0

Home Price

$399,000

Loan Details

30 yrs
6.528%

Down Payment

20%
$79,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,023.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,023.44 $298.01 $0.00 $2,321.45
Yearly $24,281.31 $3,576.07 $0.00 $27,857.38
Total $728,439.31 $107,282.10 $0.00 $835,721.41

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Destin, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:32:47.000Z

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