$230,000

4000 Gulf Terrace Dr Unit 128 Destin, FL 32541

Estimated payment $2,011/month

1 Bed
1 Bath
738 Sq Ft
$312 Price per Sq Ft

Highlights

  • Furnished
  • Community Pool
  • Breakfast Bar
  • Destin Elementary School Rated A-
  • Tennis Courts
  • Living Room

About This Home

Welcome to Destin and your own beach get away! This Gulf Terrace condo is perfect for living the beach life full-time or for use as an income generating rental (short term is allowed!). It sleeps up to 6 guests, who will love its convenient location to everything Destin has to offer. All furnishings convey and, with renovations that include the kitchen, bedroom and bath, as well as new flooring, this unit is turn key ready! (HVAC is 2020 .) Located on the ground floor, this condo provides ease of access. When you're ready for action, you can take advantage of the pickle ball and tennis courts or one of the three pools the complex offers. Gulf Terrace Condos are within walking distance to beaches, dining and Big Kahuna Water Park! Don't sleep on it--call for your private showing now!

Listing Agent

Paula Sherman

ERA American Real Estate License #3071894 Listed on: 12/03/2025

Co-Listing Agent

Paige King

ERA American Real Estate License #3359838

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,369

Year Built

  • Built in 1973

HOA Fees

  • $602 Monthly HOA Fees

Home Design

  • Stone Siding
  • Stucco

Interior Spaces

  • 738 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Window Treatments
  • Living Room
  • Vinyl Flooring

Kitchen

  • Breakfast Bar
  • Induction Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1095-0128-0000

Community Details

Overview

  • Association fees include accounting, ground keeping, management, master, repairs/maintenance, water, trash
  • Gulf Terrace Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,369

Year Built

Built in 1973

Lot Details

0

HOA Fees

$602 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EAM1
  • Co List Office Phone: 850-651-2454
  • Subdivision Name: GULF TERRACE CONDO
  • Directions: From HWY 98, turn north on Gulf Terrace Dr--through gate, then follow road around to the right to Building 7.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1973
  • Remarks Misc:Remarks: Welcome to Destin and your own beach get away! This Gulf Terrace condo is perfect for living the beach life full-time or for use as an income generating rental (short term is allowed!). It sleeps up to 6 guests, who will love its convenient location to everything Destin has to offer. All furnishings convey and, with renovations that include the kitchen, bedroom and bath, as well as new flooring, this unit is turn key ready! (HVAC is 2020 .) Located on the ground floor, this condo provides ease of access. When you're ready for action, you can take advantage of the pickle ball and tennis courts or one of the three pools the complex offers. Gulf Terrace Condos are within walking distance to beaches, dining and Big Kahuna Water Park! Don't sleep on it--call for your private showing now!
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Dryer, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Washer, Water Heater - Elect
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Floor Vinyl
  • Interior Amenities: Breakfast Bar, Owner's Closet, Washer/Dryer Hookup
  • Stories: 2
  • Window Features: Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Vinyl: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Stone, Stucco
  • Property Condition: Renovated, Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Dumpster, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable
  • Association #2 Fee: 601.79
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Master Association, Repairs/Maintenance, Water, Trash

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-1095-0128-0000

Tax Info

  • Tax Annual Amount: 2369.32
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $1,855 $200,000 -- $200,000
2023 $1,855 $205,000 $0 $205,000
2022 $1,391 $130,000 $0 $130,000
2021 $1,161 $93,500 $0 $93,500
2020 $984 $80,000 $0 $80,000
2019 $952 $80,000 $0 $80,000
2018 $821 $64,000 $0 $0
2017 $765 $59,000 $0 $0
2016 $701 $55,000 $0 $0
2015 $636 $48,000 $0 $0
2014 $590 $44,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2025 12/03/25 For Sale $230,000 -9.8% $312 / Sq Ft
06/09/2023 06/09/23 Sold $255,000 -5.6% $300 / Sq Ft View Prior Sale
05/13/2023 05/13/23 For Sale $270,000 +167.3% $318 / Sq Ft
11/12/2020 11/12/20 Sold $101,000 0.0% $119 / Sq Ft View Prior Sale
11/03/2020 11/03/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $101,000 +104.0% $119 / Sq Ft
06/04/2012 06/04/12 Sold $49,500 0.0% $66 / Sq Ft View Prior Sale
05/24/2012 05/24/12 Pending -- -- --
12/21/2011 12/21/11 For Sale $49,500 -- $66 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 Sure Title
Warranty Deed $255,000 Surety Land Title Of Florida
Warranty Deed $255,000 Surety Land Title Of Florida
Warranty Deed $101,000 Mti Title Insurance Agcy Inc
Warranty Deed $101,000 Mti Title Insurance Agency
Warranty Deed $49,500 None Available
Warranty Deed $57,000 Security First Title Partner
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $215,750 New Conventional
Source: Public Records

About the Listing Agent

Paula Sherman

ERA American Real Estate

(448) 233-5299

Section Image

Paula Sherman has been with ERA American Real Estate since 2002. She comes to real estate after serving 33 years as a registered nurse and USAF(r) Col flight nurse. She received her Brokers license in 2010.

Paula has drawn together a team to ensure the best of customer service and it shows in the customer reviews the team regularly receives. Her Team was recognized by ERA as 1 of 3 top teams internationally for customer satisfaction in 2019.

Paula is an Endorsed Local Provider for

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Source: Emerald Coast Association of REALTORS®

MLS Number: 990647

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1095-0128-0000