4000 Gulf Terrace DR 2.0 #UNIT 131 Destin, FL 32541

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Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 738 sqft
Price per Sqft $331
Subdivision Gulf Terrace Condo
MLS Listing ID 989655
Bedrooms 1
Full Baths 1
HOA Y/N Yes
Year Built 1973
Annual Tax Amount $2,369
Tax Year 2024
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 738
Property Description
Location
State FL
County Okaloosa
Community Bbq Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, Tv Cable
Area 14 - Destin
Direction From Hwy 98, turn north onto Gulf Terrace Drive. The building is located directly behind Building 8
Rooms
Primary Bedroom Level Main
Master Bedroom true
Dining Room true
Kitchen true
Interior
Interior Features Breakfast Bar, Ceiling Crwn Molding
Heating Central
Cooling Central Air
Flooring Floor Tile
Furnishings Furnished - All
Window Features Window Treatment All
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Exterior
Exterior Feature Covered Patio
Pool Pool Type
Community Features BBQ Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable
Utilities Available Public Water, TV Cable
Waterfront Description Lake
View Lake
Roof Type Metal
Porch Patio Covered
Garage No
Building
Faces From Hwy 98, turn north onto Gulf Terrace Drive. The building is located directly behind Building 8
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Destin
Middle Schools Destin
High Schools Destin
Others
Pets Allowed No
HOA Fee Include Accounting,Ground Keeping,Insurance,Internet Service,Master Association,Recreational Faclty,Sewer,Water,Cable TV,Trash
Tax ID 00-2S-22-1095-0131-0000
Miscellaneous Profitable Short-Term Rental - No Milestone Inspections Required! Looking for an investment property that actually makes financial sense? This turnkey one-bedroom condo in Gulf Terrace generated about $35,000 in gross rental income in 2024 and is exempt from costly Milestone inspections! Located in the heart of Destin, Gulf Terrace offers an unbeatable location with 26 acres of beautifully manicured grounds, featuring three pools, two tennis courts, and a spring-fed lake for a fantastic view. This fully furnished condo comfortably accommodates up to six guests with a king bed in the master and a queen sleeper sofa in the living room. Enjoy lake views from the spacious patio, easy access to the pool, and a bright, open living area. Whether you're looking for a high-performing rental, a

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