4000 Gulf Terrace Drive
Destin, FL 32541
- 1 bed
- 2 baths
- 738 sqft
- $405 per sqft
- 1973 build
- – on site
Vacation Rental for Sale! Destin Condo Turn-Key 1 BR 2 BA + Loft + Balcony. Introducing a slice of paradise in the form of this meticulously renovated condo in the prestigious Gulf Terrace Complex—your ultimate sanctuary for relaxation or rental investment. This impressive property features a master bedroom complete with a private bath offering a luxurious tub/shower combo, along with a Bunk Room that boasts its own full-sized bath with a modern shower. Perfectly adaptable, the unit can be rented as 2 bedrooms, providing exceptional flexibility for owners and guests alike. Gated Community in Central Location positioned just 0.8 miles from beach access and to a variety of restaurants, shopping, and entertainment options. Tourists Love this location! Every element of this home exudes contemporary coastal flair, with high quality tile floors, sleek modern bathrooms, stylish furniture, and stainless steel appliances, including a newly installed dishwasher. Resort-like Amenities: Relax in any of the 3 sparkling swimming pools, enjoy the tranquil lake, or get active on the tennis/pickleball courts. The homeowners club house is perfect for social gatherings and events. Pet Friendly: Fur babies are welcome! Versatile Use: Ideal as a primary residence, second home, or vacation rental. Keep in mind that current owner usage during major holidays is not included in rental earnings, providing potential increased revenue for buyers. All measurements and details are approximate and should be verified by the buyer. For rental income contact listing agent.
Last checked:
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Checking…
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Last updated Mar 27, 2025
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MLS# 972238 —
The Building
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Year Built:1973
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Construction Materials:Block, Frame, Roof Flat, Roof Metal, Roof Shingle/Shake, Vinyl Siding, Trim Vinyl
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# of Buildings:8
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Building Area Total:738.0
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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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Exterior Features:Balcony, BBQ Pit/Grill
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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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Interior Features:Floor Tile, Furnished - All, Lighting Recessed, Owner's Closet, Pantry, Renovated, Window Treatment All
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Rooms Total:4
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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:Across the street from Sundestin. From Hwy-98, turn North on Gulf Terrace Drive, next to Waffle House. Pass entrance gate, turn right, building 7.
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-22-1095-0228-0000
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Topography:None
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Waterfront:true
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Waterfront Features:Lake
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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 UNIT 228
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:Central
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Heating:true
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Cooling:Ceiling Fan(s), Central Air
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Cooling:true
Utilities
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Utilities:Electric, Public Sewer, Public Water, TV Cable
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Electric:None
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Sewer:None
Appliances
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Appliances:Dishwasher, Disposal, Microwave, Refrigerator W/IceMk, Stove/Oven Electric
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Disposal:true
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Microwave:true
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Dishwasher:true
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:Destin
The Community
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Subdivision Name:GULF TERRACE CONDO
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Community Features:BBQ Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable
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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 2:600.0
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Association Fee Frequency:Monthly
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Association Fee Includes:Ground Keeping, Insurance, 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
$299,000
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. |
$1,601
|
Taxes | N/A |
Insurance | $82 |
Utilities | $118 See report |
Total | $1,801/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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3/26/25
Mar 26, 2025
|
Listed / Active | ECARMLS | $299,000 |