Seller will pay HOA dues through the first quarter of 2026, allowing the new owner to avoid the burden of winter HOA payments. Motivated seller - this is a strong investment opportunity at The Palms of Destin. This full two-bedroom unit is located on the 5th floor with desirable views of the pools, palm trees, and the Gulf. The property has a solid rental history, generating over $200, 000 in the past five years with owner-occupancy. In 2025 alone, the unit has already generated more than $40, 000 in rental income, with significant availability remaining for additional bookings. Purchase today and begin earning income immediately at closing, without the added expense of HOA dues through the winter season. You absolutely can't miss this opportunity to own at The Palms of Destin! At 1, 175 sqft, this is one of the largest 2-bedroom units in the tower, offering generous living space and unmatched comfort plus 2 balconies! Enjoy maintenance-free living- hvac (inside and outside components) and water heater were replaced in 2022.This beautifully decorated condo is turnkey/ move-in ready, featuring tile flooring throughout, a stackable washer/dryer plus upgraded tv's and furnishings. Did we mention covered garage parking?? You'll never have to worry about finding a parking spot! Whether you're looking for a dream beach getaway or a profitable investment, this unit checks all the boxes. Don't wait-this is exactly what you have been looking for!
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 14.0 x 16.0
- Bedroom 1 Dimensions: 11.0 x 16.0
- Primary Bedroom Level: First
- Bedroom 1 Level: First
Other Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Breakfast Bar
- Flooring: Floor Tile, Floor WW Carpet
Appliances
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Microwave
- Refrigerator W/IceMk
- Stove/Oven Electric
- Washer
- Water Heater - Elect
Heating and Cooling
- Cooling Features: Ceiling Fans, Central Air
- Heating Features: Central
- Heating: Yes
Kitchen and Dining
- Dining Room Dimensions: 17.0 x 23.0
- Dining Room Features: Dining/Living Combo
- Dining Room Level: First
- Kitchen Dimensions: 9.0 x 17.0
- Kitchen Level: First
Exterior and Lot Features
Pool and Spa
- Pool Features: Community
- Pool Private: Yes
Garage and Parking
Home Features
- View: Gulf, Bay
- Energy: AC - Central Elect, Heat Cntrl Electric, Ceiling Fans, Water Heater - Elect
Homeowners Association
- Association: Yes
- Association Fee: 4358
- Association Fee Frequency: Quarterly
- Association Fee Includes: Accounting, Electricity, Ground Keeping, Insurance, Internet Service, Management, Master Association, Recreational Faclty, Security, Sewer, Telephone, Water, Cable TV, Trash
- Calculated Total Monthly Association Fees: 1453
Multi-Unit Info
- Number of Buildings: 203
- Number of Units In Community: 203
School Information
- Elementary School: Destin
- High School: Fort Walton Beach
- Middle School: Destin
Amenities and Community Features
- Dumpster
- Elevators
- Exercise Room
- Game Room
- Pavillion/Gazebo
- Pets Allowed
- Picnic Area
- Playground
- Pool
- Tennis
- TV Cable
- Whirlpool
- Facilities: Dumpster, Pets Allowed2, Picnic Area, TV Cable3, Tennis, Playground, PavillionGazebo2, Elevators, Pool2, Whirlpool, Exercise Room, Game Room
- Community Features: Dumpster, Elevators, Exercise Room, Game Room, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Whirlpool
Other Property Info
- Source Listing Status: Active
- County: Okaloosa
- Directions: HWY 98 to Indian Bayou Trail. Turn right into the Palms of Destin. Unit is in the west tower on the 5th floor.
- Tax Year: 2024
- Source Property Type: Residential
- Area: 14 - Destin
- Property Subtype: condo
- MLS Area Minor: 1403 - Destin Northwest
- Source Neighborhood: THE PALMS OF DESTIN
- Parcel Number: 00-2S-22-2310-0000-2501
- Subdivision: THE PALMS OF DESTIN
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1175
- Year Built: 2007
- Building Area Source: County PA Records
- Building Area Total: 1175
- Property Age: 18
- Property Condition: Construction Complete
- Building Total Stories: 12
Utilities
- Sewer: Public Sewer
- Electric
- Phone
- Public Water
- TV Cable