4000 Gulf Terrace Drive, Unit 150

Destin, FL 32541

$285,000
Price
2
Beds
1
Bath
982 Sq. Ft.
$290 / Sq. Ft.
982
Sq. Ft.
$290
per Sq. Ft.

Description

Discover your perfect vacation retreat and/OR Investment! This fully-furnished 2-bedroom, 1-bathroom condo offers serene lake views from its private patio. This unit features a spacious living area, a well-equipped kitchen, and a dining space. Enjoy the convenience of a washer and dryer inside the unit. With an average vacation rental income of $40k/year, this investment opportunity is a gem. Located in a gated neighboring the Emerald Coast beaches, shopping, dining, and attractions like The Track...Discover your perfect vacation retreat and/OR Investment! This fully-furnished 2-bedroom, 1-bathroom condo offers serene lake views from its private patio. This unit features a spacious living area, a well-equipped kitchen, and a dining space. Enjoy the convenience of a washer and dryer inside the unit. With an average vacation rental income of $40k/year, this investment opportunity is a gem. Located in a gated neighboring the Emerald Coast beaches, shopping, dining, and attractions like The Track and Big Kahunas. Pet-friendly with a strong Airbnb history of short rentals. Community amenities include 3 pools, tennis courts, clubhouse, BBQ grills, and picnic areas. On-site maintenance and laundry facilities, plus bike racks and parking for boats, golf carts, and RVs.
  1. Listed by Candace M Floyd • The Property Group 850 Inc

Property Details for 4000 Gulf Terrace Drive, Unit 150

Subdivision
GULF TERRACE CONDO
MLS Sub Area
1403 - Destin Northwest
Waterfront Type
Lake, Unit Waterfront
Water View
Lake

Location

Listing Courtesy of The Property Group 850 Inc
Add your commute
LISTING UPDATED: 05/02/2024 05:02 PM

Property Details for 4000 Gulf Terrace Drive, Unit 150

StatusActive
MLS #947941
Days on Market13
Taxes$2,164 / year
HOA Fees$598 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1973
CountyOkaloosa County

Location

Listing Courtesy of The Property Group 850 Inc
Add your commute

Building Information for 4000 Gulf Terrace Drive, Unit 150

Building/Complex4000 Gulf Terrace DrFloor1Stories-Residences-Pet Policy-Year Built1973

Payment Calculator

$2,334 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,555

Property Taxes

$180

HOA Dues

$598

The Payment Calculator is for illustrative purposes only.

Property Information for 4000 Gulf Terrace Drive, Unit 150

Summary
Location and General Information
  • Absolute Longitude: 86.466323
  • Directions: Across the street from Sundestin Beach Resort on north side of Highway 98. Once in the complex, stay to your right and straight ahead to Building 13. Unit is on the first floor.
  • Longitude: -86.466323
  • Latitude: 30.387182
Taxes and HOA Information
  • Assessment Fees: Yes
  • Assessment Paid: Monthly
  • Fees Include: Accounting,Ground Keeping,Insurance,Internet Service,Legal,Management,Security,Sewer,Trash,TV Cable,Water
  • Last Tax Year: 2023
  • Assessment Amount: $598
School Information
  • Elementary School: Destin
  • High School: Destin
  • Middle School: Destin
Utilities
  • Utilities: Electric,Public Sewer,Public Water,TV Cable
Parking
  • Garage YN: No
Property
Parking
  • Carport YN: No
Lot Information
  • Area: 14 - Destin
  • Building Design: N/A
Property and Assessments
  • Project Facilities: BBQ Pit/Grill,Community Room,Dumpster,Fishing,Gated Community,Laundry,Pavillion/Gazebo,Pets Allowed,Picnic Area,Pool,Short Term Rental - Allowed,Tennis,TV Cable,Waterfront
  • Property Type: Residential
Interior and Exterior Features
Exterior Features
  • Exterior: Patio Covered
  • Homestead: No
  • Pool: Yes
  • Pool Type: Community
Interior Features
  • Appliances: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove/Oven Electric,Washer
  • Energy: AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
  • Interior: Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All
Room Information
Room Information
  • Bedroom: First
  • Living Room: First
  • Rooms: Bedroom,Kitchen,Living Room
Kitchen
  • Kitchen: First
Room 1
  • Dimensions: 14 x 12
  • Length: 14.0
  • Width: 12.0
  • Level: 1
  • Area: 168.0
Room 2
  • Dimensions: 11 x 12
  • Length: 11.0
  • Width: 12.0
  • Level: 1
  • Area: 132.0
Room 3
  • Dimensions: 11 x 12
  • Length: 11.0
  • Width: 12.0
  • Level: 1
  • Area: 132.0
Room 4
  • Dimensions: 9 x 8
  • Length: 9.0
  • Width: 8.0
  • Level: 1
  • Area: 72.0
Multi Family
Unit Information
  • Stories In Unit: 1
Rental
Rental Information
  • Is Subject Leased: No
  • Immediate Occupancy: Yes

Property History for 4000 Gulf Terrace Drive, Unit 150

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 150

Taxable ValueLand-Additions$230,000Total-
Tax Record2023$2,164 ($180 / month)
Home Facts
Beds2Total Finished SqFt982 SqFtAbove Grade Finished SqFt982 SqFtLot Size812,412 SqFtStyleCondominiumYear Built1973CountyOKALOOSAAPN00-2S-22-1095-0000-0150

Schools near 4000 Gulf Terrace Drive, Unit 150

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 150 is a condo for sale in Destin, FL 32541. This property was listed for sale on April 21, 2024 by The Property Group 850 Inc, it's currently listed at $285,000. It has been on the market for a total of 13 days and was last sold on June 19, 2020. 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 150 is a 2-bed, 1-bath, 982 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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Property Group 850 Inc

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.