4000 Gulf Terrace Drive
Destin, FL 32541
- 1 bed
- 2 baths
- 900 sqft
- $254 per sqft
- 1976 build
- – on site
Welcome to an incredible investment opportunity in beautiful Destin, Florida! With a low entry price, the possibilities are endless. This handyman special can be transformed into your dream home or a vacation retreat with short-term rentals—no restrictions on STRs! Featuring 1 bedroom and 2 full bathrooms, this condo offers an ideal space for anyone looking to be in the heart of Destin. Conveniently located near Big Kahuna's Water Park, Destin's stunning white sand beaches, shopping, dining, and more. Don't miss out—contact us today to schedule a private showing with an investor-savvy agent and explore all the potential this condo has to offer!
Last checked:
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Last updated Mar 27, 2025
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MLS# 970293 —
The Building
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Year Built:1976
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# of Buildings:8
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Building Area Total:900.0
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Building Area Source:County PA Records
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Architectural Style:N/A
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Basement:None
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Stories Total:2
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Levels:None
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Foundation Details:None
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Patio And Porch Features:None
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Accessibility Features:None
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Security Features:None
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Direction Faces:None
Interior
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Rooms Total:3
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Flooring:None
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Fireplace:No
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Fireplaces Total:None
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Fireplace Features:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Location
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Directions:AKE AIRPORT ROAD NORTH FROM ROUTE 98. YOU WILL SEE A SIGN ON THE LEFT FOR GULF TERRACE CONDO AND A STOP LIGHT AT THE END OF DESTIN COMMONS. TURN LEFT AT GULF TERRACE CONDO SIGN AND YOU WILL SEE THE GATE. TURN LEFT AND LOOK FOR THE UNIT NUMBERS ON THE BUILDING. LOOK FOR FIRST FLOOR UNIT 129.
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:Construction Complete
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Property Attached:None
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Lot Size Units:Acres
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Possible Use:None
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Parcel Number:00-2S-22-1095-0129-0000
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Topography:None
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View:Pond
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Waterfront:No
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Water Body Name:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Legal Description:GULF TERRACE CONDO
Beds
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Bedrooms Total:1
Baths
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Total Baths:2.0
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Total Baths:2
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Full Baths:2
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Home Warranty:No
Heating & Cooling
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Heating:No
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Electric, Public Sewer, Public Water
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Electric:None
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Sewer:None
Schools
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Elementary School:Destin
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Elementary School District:None
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Middle Or Junior School:Destin
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Middle Or Junior School District:None
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High School:Fort Walton Beach
The Community
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Subdivision Name:GULF TERRACE CONDO
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Community Features:Gated Community
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Association:true
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Association Amenities:None
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Association Fee:None
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Association Fee 2:523.3
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Association Fee Frequency:Monthly
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Association Fee Includes:Ground Keeping, Internet Service, Sewer, Water, Trash
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Pool Private:None
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Pool Features:Pool Type
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Spa Features:None
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Pets Allowed:None
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Senior Community:No
Parking
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Carport:false
Monthly cost estimate

Asking price
$229,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,226
|
Taxes | N/A |
Insurance | $62 |
Utilities | $123 See report |
Total | $1,411/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/27/25
Mar 27, 2025
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Price Changed | ECARMLS | $229,000 | -4.2% |
3/5/25
Mar 5, 2025
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Listed / Active | ECARMLS | $239,000 |