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4201 Indian Bayou Trl
Destin, FL 32541

$10,000 USD/MO

Hotel For Lease • 15,000 SF

Property Details

Property Type Hotel
Year Built 2007
Total Building Size 44,985 SF
Building Class A
Zoning CG

0 Transit Score

45 Walk Score

1 Space Available

Name

Space Use

Size

Rent

Details

1st Floor Ste

Retail

15,000 SF

$8.00 USD/SF/YR

The subject premises include a 2,500-square-foot commercial kitchen complemented by approximately 1,500 square feet of dry storage and walk-in cooler space. These facilities support a vibrant 1.5-acre, high-performance pool deck with multiple aquatic amenities, serving more than 125,000 guests annually. The venue's revenue-generating spaces include a 5,000-square-foot outdoor dining area, a tiki bar, and a recreational lounging area, as well as a 5,000-square-foot indoor casual-dining restaurant and coffee bar. The food prep operation is designed to accommodate commissary-style food preparation for resort guests, large-scale private and public events, and the delivery of high-quality, value-added prepared meals for resort guests, full-time residents, and the general public through The Palms of Destin's Prepared Food Management Program TBD.

Date available: Feb 2026
Lease term: 5 Years
Service type: Full Service Gross
Built out as: Restaurants And Cafes
Space Type: New

Description

The Palms of Destin Resort & Condominium Association is inviting proposals from qualified, resort-experienced food and beverage operators to lease and operate the Resort's premier on-site restaurant and fully integrated food, beverage, & entertainment program. This opportunity encompasses a thoughtfully designed, fully built-out space featuring a high-capacity, commercial-grade kitchen and comprehensive back-of-house support to serve the Resort's expansive amenities and revenue-generating opportunities. Also included is an EXISTING liquor license and dedicated entertainment space, featuring a stage-enabled venue equipped with professional stage systems for both resort and public programming, creating a revenue-diversified F&B and entertainment destination to serve all guests.

                
                    Highlights
                
                                2,500 sqft high-capacity commercial grade kitchen fully equipped for turn-key operation
                            
                                Existing liquor license is included in the lease
                            
                                1,500 sqft of dry storage space to support expansive F&B Operation
                            
                                5,000 sqft class "A" interior dinning room
                            
                                5,000 saft outdoor dining are, large tiki bar, and entertaiment venue
                            
                                1,000 sqft of support and circulation space

Amenities

Balcony
Fitness Center
Pool
Restaurant
Room Service
Spa
On-Site Retail
Meeting Event Space

Public Transportation

Airport	Drive	Walk	Distance
Eglin AFB/Destin-Ft Walton Beach	49 min	-	20.5 mi

Dennis Fortenberry 850-243-0007 NBI Properties, Inc.

4201 Indian Bayou Trl Destin, FL 32541