$435,000
$35K PRICE DROP

Estimated payment $2,734/month

Total Views 4,502
2 Beds
2 Baths
1,008 Sq Ft
$432 Price per Sq Ft

Highlights

  • Coastal Architecture
  • No HOA
  • Oversized Parking
  • Furnished
  • Porch
  • Patio

About This Home

***INVESTOR ALERT -WILL ENTERTAIN ALL OFFERS $2000 Seller Concession to Closing Costs *** Welcome to 121 Gulf Terrace Ln. This property, currently a vacation rental, earning $59,500 gross in 2024 and $62,000 gross in 2023, both years over 70% occupancy.It offers ample parking and is conveniently located just 12 minutes from Port St. Joe, 10 minutes from Mexico Beach, and 30 minutes from Cape San Blas.The home is within walking distance of St. Joe Beach, known for its clean, sugar-white sand and dog-friendly environment. Situated on a quarter-acre lot, the property features a fenced backyard that could accommodate additions such as a pool or pickleball court.Inside, the home has vaulted ceilings in the living area and an open kitchen with granite countertops and ample cabinetry. The floor plan includes two bedrooms separated by a guest bathroom equipped with a shower/tub combo, granite sink, and storage closet. The guest bedroom is positioned at the front of the house, while the master bedroom, located to the right of the guest bathroom, includes western-facing windows and an en-suite bathroom with dual granite sinks, tiled flooring, and a spacious shower.The property is equipped with a Rheem Performance instant water heater and a Carrier A/C unit. The kitchen features matching GE appliances, and a Frigidaire washer and dryer are included.This home offers practical features for both potential homeowners and investors. The surrounding low-density neighborhood provides a peaceful setting, reflecting the natural appeal of Gulf County.

Listing Agent

Nap deCiutiis

EXP Realty LLC License #3537984 Listed on: 01/20/2025

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,234

Year Built

  • Built in 2019

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 52x108

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Furnished
  • Recessed Lighting
  • Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Oversized Parking
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Highland View Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,234

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Detached
  • Lot Size Acres: 0.25
  • Lot Size: 52x108
  • Road Frontage Type: City Street
  • Subdivision Name: Highland View
  • Architectural Style: Coastal
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Recessed Lighting
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1008.0
  • Dining Room Type: Kitchen, Living Room

Exterior Features

  • Pool Features: None
  • Fencing: Full
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Open, Porch
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Driveway, Oversized
  • Garage: No

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 4234.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,234 $358,522 $90,000 $268,522
2023 $4,267 $342,685 $70,000 $272,685
2022 $2,524 $195,549 $57,000 $138,549
2021 $2,518 $186,028 $50,000 $136,028
2020 $2,482 $178,659 $50,000 $128,659
2019 $481 $40,000 $40,000 $0
2018 $389 $28,000 $0 $0
2017 $371 $28,000 $0 $0
2016 $362 $27,000 $0 $0
2015 $305 $20,000 $0 $0
2014 $287 $20,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 Price Changed $435,000 -1.1% $432 / Sq Ft
06/01/2025 06/01/25 Price Changed $440,000 -3.8% $437 / Sq Ft
05/12/2025 05/12/25 Price Changed $457,500 -0.1% $454 / Sq Ft
04/28/2025 04/28/25 Price Changed $458,000 -0.4% $454 / Sq Ft
04/03/2025 04/03/25 Price Changed $460,000 -0.4% $456 / Sq Ft
03/24/2025 03/24/25 Price Changed $462,000 -0.6% $458 / Sq Ft
02/25/2025 02/25/25 Price Changed $465,000 -1.1% $461 / Sq Ft
01/20/2025 01/20/25 For Sale $470,000 +12.7% $466 / Sq Ft
05/25/2022 05/25/22 Sold $417,000 +1.7% $414 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $409,900 +78.2% $407 / Sq Ft
07/31/2020 07/31/20 Sold $230,000 -11.2% $233 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
10/03/2019 10/03/19 For Sale $259,000 -- $262 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $417,000 Rish & Gibson Pa
Warranty Deed $230,000 Attorney
Warranty Deed $90,000 Attorney
Warranty Deed $25,000 Attorney
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,300 New Conventional
Previous Owner $207,000 New Conventional
Previous Owner $207,000 New Conventional
Previous Owner $45,000 New Conventional
Previous Owner $150,000 Unknown
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 767502

Central Panhandle Association of REALTORS®

APN: 03816-705R