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.
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2BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
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970SQFT
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$284$/SQFT
School Information
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.
© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coastal Luxury. Vendor Member number: 28178. Data last updated: 2026-07-16T18:01:05.96.
Vendor Member #28178.