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4000 Gulf Terrace DR #187 Destin, FL 32541
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Key Details
Sold Price $175,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 738 sqft
Price per Sqft $237
Subdivision Gulf Terrace Condo
MLS Listing ID 1004965
Sold Date 07/22/26
Bedrooms 1
Full Baths 1
HOA Fees $601/mo
HOA Y/N Yes
Year Built 1973
Annual Tax Amount $1,500
Tax Year 2025
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 738
Property Description
Turnkey Investment Opportunity! This beautifully updated 1-bedroom condo comfortably sleeps up to 6 guests and is ideally located in the heart of the area, just minutes from sugar-white beaches, popular restaurants, shopping, and local attractions. Situated on the ground floor for easy access, this well-maintained unit offers convenience and comfort for both owners and guests.
Inside, you'll find tasteful coastal décor, stainless steel appliances, a flat-surface stove, and an updated shower/tub combination that adds a modern touch. The open layout maximizes space and functionality, making it an ideal vacation retreat or income-producing rental property.
Resort-style amenities include multiple swimming pools, tennis courts, a scenic lake, grilling areas, and beautifully maintained grounds. Whether relaxing by the pool, enjoying outdoor activities, or exploring the nearby beaches and entertainment, guests have everything they need for an unforgettable stay.
With a strong rental history and excellent location, this condo is the perfect choice for investors, second-home buyers, or anyone seeking an affordable beach getaway with exceptional earning potential.
Location
State FL
County Okaloosa
Community Short Term Rental - Allowed, Pickle Ball, Dumpster, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, Tv Cable
Area 14 - Destin
Direction There are two entrances to Gulf Terrace. One on Hwy 98 and the other on Airport Rd. From Airport Dr turn into Gulf Terrace dr. You will need a gate code. Proceed to building 27, Unit 614
Rooms
Kitchen true
Interior
Interior Features Fireplace
Heating Central
Cooling Central Air
Furnishings Furnished - All
Appliance Dishwasher, Dryer, Refrigerator, Smooth Stovetop Rnge, Washer, Water Heater - Elect
Exterior
Exterior Feature Covered Patio, Open Porch, Renovated
Pool Pool Type
Community Features Short Term Rental - Allowed, Pickle Ball, Dumpster, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable
Utilities Available Electric, Public Water, TV Cable
Accessibility 4
Porch Patio Covered, Porch Open
Garage No
Building
Faces There are two entrances to Gulf Terrace. One on Hwy 98 and the other on Airport Rd. From Airport Dr turn into Gulf Terrace dr. You will need a gate code. Proceed to building 27, Unit 614
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, Legal, Management, Master Association, TV Cable, Trash, Water
Tax ID 00-2S-22-1095-0000-0187
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