INVESTOR ALERT - STRONG RENTAL HISTORY!Discover your own piece of paradise with this beautifully updated 2-bedroom, 2-bath villa at The Palms of Destin--just 30 feet from the resort's stunning zero-entry pool. This ground-level, poolside unit is a top-performing rental, consistently generating $40K+ annually in 2024, making it an ideal investment, second home, or full-time residence.Offered fully furnished and turnkey ready, this villa features stylish decor, no upstairs or downstairs neighbors, and no need for elevators--offering maximum privacy and convenience.Enjoy luxury resort amenities, including a lagoon-style pool, oversized hot tub, new state-of-the-art fitness center, on-site cafe and restaurant, tennis courts, playground, splash pads, and more. A complimentary shuttle provides easy access to Henderson Beach State Park and Destin Commons for shopping and dining.
Schedule your private showing today with your favorite Realtor and make this high-performing villa yours!
For sale
$489,000
4205 Indian Bayou Trl #10, Destin, FL 32541
2beds
1,390sqft
Est.:
Condominium
Built in 2007
-- sqft lot
$-- Zestimate®
$352/sqft
$1,580/mo HOA
What's special
Stylish decorTennis courtsLagoon-style poolGround-level poolside unitNew state-of-the-art fitness centerOversized hot tubOn-site cafe and restaurant
- 98 days
- on Zillow |
- 87 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: May 14, 2025 at 07:00am
Listed by:
Michael Tomlin 850-499-2432,
Coldwell Banker Realty
Source: ECAOR,MLS#: 976305
Originating MLS: Emerald Coast

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: MBed First Floor
- Level: First
Bedroom
- Level: First
Primary bathroom
- Features: Double Vanity, Soaking Tub, MBath Tile
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Electric Range, Washer, Electric Water Heater
Features
- Breakfast Bar, Bedroom, Kitchen, Living Room, Master Bedroom
- Flooring: Vinyl
- Furnished: Yes
Interior area
- Total structure area: 1,390
- Total interior livable area: 1,390 sqft
Property
Features
- Stories: 1
- Patio & porch: Porch Open
- Exterior features: BBQ Pit/Grill, Tennis
- Pool features: Community
- Spa features: Bath
Details
- Parcel number: 002S22231200003110
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Construction Complete
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Community Room, Fitness Center, Pickleball, Picnic Area, Playground, Pool, TV Cable
- Subdivision: The Palms Of Destin
HOA
- Has HOA: Yes
- Services included: Electricity, Maintenance Grounds, Insurance, Internet, Land Recreation, Legal, Recreational Faclty, Maintenance Structure, Sewer, Telephone, Trash, Cable TV, Water
- HOA fee: $4,739 quarterly
Location
- Region: Destin
Financial & listing details
- Price per square foot: $352/sqft
- Tax assessed value: $450,000
- Annual tax amount: $5,330
- Date on market: 5/14/2025
- Electric utility on property: Yes
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