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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 1704 , Destin, FL 32541
$275,000
Est. Payment: $1,394.60/mo
2 Bed
2 Bath
970 Sqft
Status: pending | Days on site: 266
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

7th floor turnkey condo at The Palms of Destin. Gulf and Destin Harbor views, fully furnished and backed by four years of proven rental income. HOA fees cover ALL utilities and amenities, including electric bill and internet. Most units in this resort promise rental potential. This one has the receipts: more than $50,000 in gross annual rent every year for the last four straight. That's actual performance, not a projection, with statements available on request. At $275,000, this is a rare thing in this building: an asset that's already earning, not one you have to prove out. Run your own numbers at the list price; they hold up. When you're using it yourself, the resort carries the lifestyle; multiple lagoon-style pools, a full fitness center, tennis, pickleball and basketball courts, an on-site restaurant, bar, and coffee shop, and a shuttle to the sand. 1704 lives bigger than its footprint: a king primary suite, a second bedroom with twin-over-full bunks that sleeps the whole family, updated flooring, and coastal furnishings throughout. Nothing to buy, nothing to fix. Use it, rent it, or both. Clean, proven, and earning the day you close.

Highlights

Listed by Todd Siegrist , 850-797-0627 Dalton Wade Inc , 888-668-8283. 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

987354

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
Air Cond:Central Air
Fireplaces:

Exterior Features

Sewer:Public Sewer
Principal Interest
$1,395
Taxes
$326
HOA
$0

Home Price

$275,000

Loan Details

30 yrs
6.528%

Down Payment

20%
$55,000
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:
$1,394.60

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,394.60 $326.08 $0.00 $1,720.69
Yearly $16,735.24 $3,912.99 $0.00 $20,648.23
Total $502,057.17 $117,389.70 $0.00 $619,446.87

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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