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4203 Indian Bayou Trail #1115, 
Destin, FL 32541

$399,999


2

Beds


2

Baths


1,150

Sq Ft


Condo

Active

Listed by

Shantel F Peterson

Real Broker LLC.

Last updated:

September 30, 2026, 08:23 AM

MLS#

998322

Source:

FL ECAR

About This Home

4203 Indian Bayou Trail #1115

Welcome to Unit 1115 at The Palms of Destin where effortless coastal elegance meets resort-style living in the heart of Destin and less than a half mile from the white sugary sands of the Emerald Coast. Perfectly positioned as a rare ground-floor, corner end-unit with 10' ceilings, this condo can be used as a turn-key investment (short-term or long-term), second home, or primary residence and projects between $35-55k annually. Everything conveys. This beautifully appointed 2-bedroom, 2-bath residence invites you into a light-filled, open-concept space designed for both relaxation and entertaining. From the moment you step inside, you'll notice fresh modern finishes, and coastal-inspired palette of soft whites, blues, and sandy neutrals creating a serene, beachside ambiance throughout. You'll notice beautiful paintings and these are original artwork painted by a previous owner and they stay with the home. The kitchen flows seamlessly into the dining and living areas, highlighted by designer lighting and thoughtful touches that make the space feel both elevated and inviting. The fridge is newer and offers an ice-maker on the exterior freezer door. Both bedrooms feature king-sized accommodations, offering comfort and privacy for owners and guests alike. What truly sets this residence apart is its expansive private patio with three separate access points from the living room and both bedrooms creating an effortless indoor-outdoor lifestyle. The water heater and HVAC are less than 4 years old. Whether you're seeking a turnkey investment, second home, or full-time residence, this condo delivers with rental-ready furnishings, newer LVP flooring and tile in bathrooms and kitchen, and a layout designed for both comfort and income potential. ALL items convey (everything you see in photos including furniture, appliances, kitchenware, electronics, artwork - except linens - they belong to the current property manager). COA fees cover water, electric, internet, TV, and trash so basically all utilities, including access/upkeep of all amenities at the Palms. Step outside and you're just moments from the resort's stunning 11,000 sq ft lagoon pool, giving this unit a true "walk-out resort" feel that guests and owners absolutely love. Residents and guests of The Palms of Destin enjoy an unmatched suite of amenities, including: * A spectacular lagoon-style pool, heated pool, spa, and splash pad * On-site restaurant, bar, and coffee shop * Tennis, pickleball, and basketball courts * 24-hour fitness center and playground * Seasonal shuttle service to the beach, HarborWalk Village, and Destin Commons * Covered parking, EV charging stations, and nearby dog park Located less than 1/2 a mile from the sugar-white sands and emerald waters of the Emerald Coast, this is more than a property, it's your gateway to the Destin lifestyle. Opportunities like this ground-floor, corner end-unit, walk-out to the pool are incredibly rare. Schedule your private showing today and experience it for yourself.

Home Facts

Condo

2 Baths

2 Bedrooms

Built in 2007

Subdivision & Development:

THE PALMS OF DESTIN

Price Summary

399,999

$347 per Sq. Ft.

MLS #:

998322

Last Updated:

September 30, 2026, 08:23 AM

Added:

6 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,150 Sq. Ft.


Structure

Structure

Building Area:

1,150 Sq. Ft.

Year Built:

2007


Finances & Disclosures

Finances

Price:

$399,999

Price per Sq. Ft:

$347 per Sq. Ft.

Source:FL ECAR
The information being provided by Emerald Coast Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast Association Of REALTORS®. Real Broker LLC. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Real Broker LLC., a broker participant of Emerald Coast Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Emerald Coast Association Of REALTORS®. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.