4000 Gulf Terrace Drive, Unit 257

Destin, FL 32541

$248,900
Price
2
Beds
1
Bath
950 Sq. Ft.
$262 / Sq. Ft.
950
Sq. Ft.
$262
per Sq. Ft.

Description

Are you looking for a great investment opportunity in the heart of Destin? Check out this affordable condo in beautiful Destin Florida. Located in the Gulf Terrace Condominium complex, this upstairs unit has a lovely view of the lake. As you enter the front door you are welcomed into the spacious living room which flows into the kitchen. The tile was recently replaced in the bathroom and the a/c and hot water heater were also replaced in 2021. This unit has washer/dryer hookups. Imagine sitting on...Are you looking for a great investment opportunity in the heart of Destin? Check out this affordable condo in beautiful Destin Florida. Located in the Gulf Terrace Condominium complex, this upstairs unit has a lovely view of the lake. As you enter the front door you are welcomed into the spacious living room which flows into the kitchen. The tile was recently replaced in the bathroom and the a/c and hot water heater were also replaced in 2021. This unit has washer/dryer hookups. Imagine sitting on your balcony enjoying a cup of coffee or a cold beverage while watching the wildlife in the lake below. The complex is located in a gated community and features, 3 community pools, tennis courts, a club house, picnic areas, BBQ grills, RV & boat storage, bike racks, and a lake for fishing.
  1. Listed by Bonnie A Seals • ERA American Real Estate

Property Details for 4000 Gulf Terrace Drive, Unit 257

Subdivision
GULF TERRACE CONDO
MLS Sub Area
1403 - Destin Northwest
Waterfront Type
Lake

Location

Listing Courtesy of ERA American Real Estate
Add your commute
LISTING UPDATED: 05/20/2024 03:09 PM

Property Details for 4000 Gulf Terrace Drive, Unit 257

StatusActive
MLS #938793
Days on Market153
Taxes-
HOA Fees$598 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1974
CountyOkaloosa County

Location

Listing Courtesy of ERA American Real Estate
Add your commute

Building Information for 4000 Gulf Terrace Drive, Unit 257

Building/Complex4000 Gulf Terrace DrFloor2Stories-Residences8Pet Policy-Year Built1974

Payment Calculator

$2,126 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,358

Property Taxes

$170

HOA Dues

$598

The Payment Calculator is for illustrative purposes only.

Property Information for 4000 Gulf Terrace Drive, Unit 257

Summary
Location and General Information
  • Absolute Longitude: 86.466966
  • Asscociate Mangment Name: Jeff Duncan
  • Directions: From Hwy 98. Across the street from Sundestin. On the north side of Hwy 98 between Chick-Fil-A and Waffle House turn north onto Gulf Terrace Dr. Unit is located upstairs in building #15.
  • Longitude: -86.466966
  • Latitude: 30.388457
Taxes and HOA Information
  • Assessment Fees: Yes
  • Assessment Paid: Monthly
  • Fees Include: Ground Keeping,Insurance,Internet Service,Land Recreation,Management,Security,Trash,TV Cable,Water
  • Assessment Amount: $598
School Information
  • Elementary School: Destin
  • High School: Fort Walton Beach
  • 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
  • Stories in Building: 2
Property and Assessments
  • Project Facilities: Community Room,Dumpster,Fishing,Gated Community,Laundry,Pets Allowed,Pool,Short Term Rental - Allowed,Tennis,TV Cable
  • Property Type: Residential
Interior and Exterior Features
Exterior Features
  • Exterior: Deck Covered
  • Homestead: No
  • Pool: Yes
  • Pool Type: Community
Interior Features
  • Appliances: Dishwasher,Disposal,Dryer,Microwave,Refrigerator W/IceMk,Stove/Oven Electric,Washer
  • Energy: AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Elect
  • Interior: Floor Laminate, Floor Tile, Floor WW Carpet, Washer/Dryer Hookup
Room Information
Room Information
  • Bedroom: First
  • Living Room: First
  • Master Bedroom: First
  • Master Bedroom and Master Bathroom: MBath Tile
  • Rooms: Bedroom,Full Bathroom,Kitchen,Living Room,Master Bedroom
Bathroom
  • Full Bathroom: First
Kitchen
  • Kitchen: First
Room 1
  • Dimensions: 18 x 12
  • Length: 18.0
  • Width: 12.0
  • Level: 1
  • Area: 216.0
Room 2
  • Dimensions: 9 x 8
  • Length: 9.0
  • Width: 8.0
  • Level: 1
  • Area: 72.0
Room 3
  • Dimensions: 12 x 11
  • Length: 12.0
  • Width: 11.0
  • Level: 1
  • Area: 132.0
Room 4
  • Dimensions: 12 x 11
  • Length: 12.0
  • Width: 11.0
  • Level: 1
  • Area: 132.0
Room 5
  • Dimensions: 9.3 x 4.1
  • Length: 9.3
  • Width: 4.1
  • Level: 1
  • Area: 38.13
Multi Family
Unit Information
  • Stories In Unit: 1
  • Units in Building: 8.0
Rental
Rental Information
  • Existing Leases: Daily/Weekly
  • Is Subject Leased: Yes
  • Lease Expiration Date: 02-01-2025
  • Rent per month: $1,800
  • Immediate Occupancy: Yes

Property History for 4000 Gulf Terrace Drive, Unit 257

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 257

Taxable ValueLand-Additions$230,000Total-
Tax Record2023$2,035 ($170 / month)
Home Facts
Beds2Total Finished SqFt982 SqFtAbove Grade Finished SqFt982 SqFtLot Size812,412 SqFtStyleCondominiumYear Built1973CountyOKALOOSAAPN00-2S-22-1095-0000-0257

Schools near 4000 Gulf Terrace Drive, Unit 257

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.

Similar Homes

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4000 Gulf Terrace Drive, Unit 257 is a condo for sale in Destin, FL 32541. This property was listed for sale on December 22, 2023 by ERA American Real Estate, it's currently listed at $248,900. It has been on the market for a total of 153 days and was last sold on September 20, 2019. 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 257 is a 2-bed, 1-bath, 950 sqft condo built in 1974.

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 ERA American Real Estate

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.