FL > Destin > Gulf Terrace Condo
Destin, FL 32541,4000 Gulf Terrace Drive #UNIT 131
Destin, FL 32541,4000 Gulf Terrace Drive #UNIT 131
Destin, FL 32541,4000 Gulf Terrace Drive #UNIT 131
27
See all 27 photos
$245,000
Est. payment /mo
Save
1 BD
1 BA
780 SqFt
New

4000 Gulf Terrace Drive #UNIT 131 Destin, FL 32541

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
13
Mar
Fri
14
Mar
Sat
15
Mar
Arlen Busenitz

Arlen Busenitz

+1(850) 213-2014

UPDATED:

03/12/2025 04:26 PM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 780 sqft

Price per Sqft $314

Subdivision Gulf Terrace Condo

MLS Listing ID 970919

Bedrooms 1

Full Baths 1

Construction Status Construction Complete

HOA Fees $600/mo

HOA Y/N Yes

Year Built 1973

Annual Tax Amount $2,448

Tax Year 2023

Property Sub-Type Condominium

Property Description

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

Location

State FL

County Okaloosa

Area 14 - Destin

Rooms

Guest Accommodations BBQ Pit/Grill,Community Room,Dumpster,Gated Community,Laundry,Pavillion/Gazebo,Pets Allowed,Picnic Area,Pool,Tennis,TV Cable

Kitchen First

Interior

Interior Features Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Furnished - All, Window Treatment All

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer

Exterior

Exterior Feature Patio Covered

Pool Community

Community Features BBQ Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable

Utilities Available Public Sewer, Public Water, TV Cable

Waterfront Description Lake

View Lake

Private Pool Yes

Building

Water Lake

Structure Type Roof Metal,Siding Vinyl

Construction Status Construction Complete

Schools

Elementary Schools Destin

Others

HOA Fee Include Accounting,Ground Keeping,Insurance,Internet Service,Master Association,Recreational Faclty,Sewer,Trash,TV Cable,Water

Assessment Amount $600

Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect

Financing Conventional,FHA,VA

Listed by Levin Rinke Realty

GET MORE INFORMATION

agent

Arlen Busenitz

Realtor® Associate | License ID: SL3467578

+1(850) 213-2014

Name
Phone*
Message

By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of Arlen Busenitz, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(850) 213-2014 to obtain direct assistance.

Go tour this home

4000 Gulf Terrace Drive #UNIT 131

};