About This Home

This 2-bedroom, 2-bathroom condo at 4207 Indian Bayou Trail #21216 in Destin, FL is listed for $499,900 ($435 per sqft). Built in 2007, the home offers 1,150 sqft of living space on a N/A lot.

Key Features

  • Built in 2007

Property Details

2 full
#21216
2007

Amenities

A/C
Listing Description

PALMS PENTHOUSE: CORNER UNIT w/ PANORAMIC GULF VIEWS. Located on the 12th floor, this beautifully remodeled penthouse captures breathtaking views of the Gulf and spectacular sunsets from its expansive private balcony. Whether you're looking for a turnkey short-term rental investment, second home, or full-time coastal residence, this exceptional penthouse delivers the perfect combination of luxury, comfort, and resort-style living!

Come inside to discover a bright, open-concept interior featuring beautiful LVP flooring, an updated kitchen with white quartz countertops & coordinating backsplash, painted cabinetry, and a spacious breakfast bar. Furnished in a contemporary coastal style, Both generously-sized bedrooms feature king beds & flat-screen televisions, offering comfortable accommodations for owners & guests alike.

Recent owner improvements include a replacement water heater, dishwasher, washer and dryer, microwave, updated furnishings, and blackout curtains. Offered fully furnished and rental-ready with established rental history. The Palms of Destin is a resort destination all its own.

At the heart of this tropical paradise is an impressive 11,000 sq. ft. lagoon-style swimming pool featuring waterfalls & bridges throughout a lush 2-acre oasis. Additional aquatic amenities include a hot tub, heated children's pool, and interactive splash fountain, while the surrounding lounge areas invite relaxation with refreshments from the on-site restaurant, Bistro, and coffee shop.

Enjoy an outstanding collection of resort amenities, including indoor & outdoor pickleball courts, tennis courts, basketball court, fitness center, playground, grilling & picnic areas, covered parking garage, and designated owners' parking. HOA dues include all utilities, even electricity & internet.

Seasonal shuttle service provides convenient transportation to nearby beaches & local attractions, including HarborWalk Village. Centrally located in the heart of Destin, just approximately 0.3 miles from public beach access & parking, and minutes from dining, shopping, entertainment, and everything the Emerald Coast has to offer. This is your opportunity to own a beautifully updated, fully furnished corner penthouse in one of Destin's most amenity-rich resort communities. Schedule your private showing today.

Monthly Cost Estimate

$7,067/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,166
Insurance$146
HOA$4,393

Estimates only. Actual payments may vary.

Location

4207 Indian Bayou Trail #21216

Destin, FL 32541

THE PALMS OF DESTIN

Features & Amenities

Interior Features

Breakfast BarCeiling Crwn MoldingOwner's ClosetPantryWasher/Dryer Hookup

Property Details

Construction

Concrete Steel Stucco

Outdoor Features

Patio

Parking

Garage

Heating

Central

Cooling

Central Air

Appliances

DishwasherDisposalDryerMicrowaveRefrigeratorSmoke DetectorStove/Oven ElectricWasherWater Heater - Elect

Questions & Answers

This 2-bedroom, 2-bathroom condo at 4207 Indian Bayou Trail is listed at $499,900 ($435/sqft). The estimated monthly payment is $7,067 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $4393/month.

Key features include: Built in 2007. Interior Features: Breakfast Bar, Ceiling Crwn Molding, Owner's Closet.

This property is listed by Kimberly K Guy.

KG

Kimberly K Guy

License 3535303

Agent at Keller Williams Realty- Emerald Coast

Listed by Keller Williams Realty- Emerald Coast · Broker phone: (850) 654-2900 · View on Broker Site · Broker website

MLS# 1013276· Source: Emerald Coast Association of Realtors· 25 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4207 Indian Bayou Trail #21216, Destin, FL 32541

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