4000 Gulf Terrace Drive, Unit 287

Destin, FL 32541

$214,900
Price
1
Beds
1
Bath
738 Sq. Ft.
$291 / Sq. Ft.
738
Sq. Ft.
$291
per Sq. Ft.

Description

Great opportunity to own a 1 bedroom 1 bathroom condo with private laundry! This condo is an investment property on short term rental program with possibilities to keep as vacation rental, or turn long term rental, own as a personal vacation getaway, or make into a primary residence in the heart of Destin. This unit is an incredible opportunity for an investor to renovate or keep rentals. Great location in Destin near all the emerald coast attractions, restaurants, shopping, Destin harbor, crab island...Great opportunity to own a 1 bedroom 1 bathroom condo with private laundry! This condo is an investment property on short term rental program with possibilities to keep as vacation rental, or turn long term rental, own as a personal vacation getaway, or make into a primary residence in the heart of Destin. This unit is an incredible opportunity for an investor to renovate or keep rentals. Great location in Destin near all the emerald coast attractions, restaurants, shopping, Destin harbor, crab island and the emerald gulf white sand beaches! Gulf Terrace community has 3 pools all recently resurfaced, tennis courts, walking bridge over the central pond and green space. The community is conveniently located with two gated entrances with access from Hwy 98 and Airport Road.
  1. Listed by Alyssa F Summer • The Premier Property Group Watercolor Office
  2. Listed by Isaac Y Gonzalez • The Premier Property Group

Property Details for 4000 Gulf Terrace Drive, Unit 287

Subdivision
GULF TERRACE CONDO
MLS Sub Area
1403 - Destin Northwest

Location

Listing Courtesy of The Premier Property Group Watercolor Office; The Premier Property Group
Add your commute
LISTING UPDATED: 05/31/2024 12:53 PM

Property Details for 4000 Gulf Terrace Drive, Unit 287

StatusActive
MLS #946668
Days on Market56
Taxes-
HOA Fees$498 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1973
CountyOkaloosa County

Location

Listing Courtesy of The Premier Property Group Watercolor Office; The Premier Property Group
Add your commute

Building Information for 4000 Gulf Terrace Drive, Unit 287

Building/Complex4000 Gulf Terrace DrFloor2Stories-Residences-Pet Policy-Year Built1973

Payment Calculator

$1,822 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,173

Property Taxes

$151

HOA Dues

$498

The Payment Calculator is for illustrative purposes only.

Property Information for 4000 Gulf Terrace Drive, Unit 287

Summary
Location and General Information
  • Absolute Longitude: 86.467592
  • Directions: Traveling West on Hwy 98 from Midbay Bridge, turn Right at Terrace Gulf just after Airport Rd at Waffle House and previous Chick-fil-A location. Enter through gate follow community to the left and last building on the Right.
  • Longitude: -86.467592
  • Latitude: 30.389812
Taxes and HOA Information
  • Assessment Fees: Yes
  • Assessment Paid: Monthly
  • Fees Include: Accounting,Ground Keeping,Insurance,Internet Service,Recreational Faclty,Security,Sewer,Trash,TV Cable,Water
  • Assessment Amount: $498
School Information
  • Elementary School: Destin
  • High School: Destin
  • Middle School: Destin
Utilities
  • Utilities: Electric
Parking
  • Garage YN: No
Property
Parking
  • Carport YN: No
Lot Information
  • Area: 14 - Destin
  • Building Design: N/A
  • Stories in Building: 2
Property and Assessments
  • Project Facilities: BBQ Pit/Grill,Community Room,Gated Community,Laundry,Pavillion/Gazebo,Pool,Short Term Rental - Allowed,Tennis
  • Property Type: Residential
Interior and Exterior Features
Exterior Features
  • Exterior: Balcony
  • Homestead: No
  • Pool: Yes
  • Pool Type: Community
Interior Features
  • Appliances: Dishwasher,Dryer,Refrigerator,Stove/Oven Electric,Washer
  • Energy: AC - Central Elect
  • Interior: Breakfast Bar, Floor Tile, Furnished - All, Washer/Dryer Hookup
Room Information
Room Information
  • Bedroom: Second
  • Master Bedroom and Master Bathroom: MBath Tile
  • Rooms: Bedroom,Kitchen,Master Bathroom
Kitchen
  • Kitchen: Second
Room 1
  • Dimensions: 12 x 12
  • Length: 12.0
  • Width: 12.0
  • Level: 2
  • Area: 144.0
Room 2
  • Dimensions: 9 x 8
  • Length: 9.0
  • Width: 8.0
  • Level: 2
  • Area: 72.0
Room 3
  • Dimensions: 9 x 8
  • Length: 9.0
  • Width: 8.0
  • Level: 2
  • Area: 72.0
Multi Family
Unit Information
  • Stories In Unit: 1
Rental
Rental Information
  • Is Subject Leased: No

Property History for 4000 Gulf Terrace Drive, Unit 287

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4000 Gulf Terrace Drive, Unit 287

Taxable ValueLand-Additions$205,000Total-
Tax Record2023$1,812 ($151 / month)
Home Facts
Beds1Total Finished SqFt738 SqFtAbove Grade Finished SqFt738 SqFtLot Size812,412 SqFtStyleCondominiumYear Built1973CountyOKALOOSAAPN00-2S-22-1095-0000-0287

Schools near 4000 Gulf Terrace Drive, Unit 287

This home is within Okaloosa.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Destin Elementary School
PublicPK to 4

Destin Middle School
Public5 to 8

Fort Walton Beach High School
Public9 to 12

Ami Kids Emerald Coast
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4000 Gulf Terrace Drive, Unit 287 is a condo for sale in Destin, FL 32541. This property was listed for sale on April 6, 2024 by The Premier Property Group Watercolor Office, it's currently listed at $214,900. It has been on the market for a total of 56 days and was last sold on June 30, 2023. This listing's school district is Okaloosa. Nearby schools include Destin Elementary School, Destin Middle School and Fort Walton Beach High School. 4000 Gulf Terrace Drive, Unit 287 is a 1-bed, 1-bath, 738 sqft condo built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Premier Property Group Watercolor Office; The Premier Property Group

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.