$279,000
RENTED NOV 12, 2024

4000 Gulf Terrace Dr Unit 191 Destin, FL 32541

Estimated payment $2,376/month

Total Views 12,496
2 Beds
2 Baths
1,050 Sq Ft
$266 Price per Sq Ft

Highlights

  • Fishing
  • Gulf View
  • Main Floor Primary Bedroom
  • Destin Elementary School Rated A-
  • Gated Community
  • Furnished

About This Home

SELLER FINANCING AVAILABLE!
Discover the perfect investment opportunity with this charming ground-floor condo in Gulf Terrace, located in the heart of Destin. Just a short walk from the beach, this two-bedroom unit offers convenient access to all the attractions and amenities that make Destin a beloved destination. Featuring one full bath and an additional half bath with a shower, this condo comfortably sleeps six. The living room provides a slight view of the gulf, adding to the coastal charm of this delightful home. Its prime location near Highway 98 ensures easy access to local highlights including water parks, Harborwalk Village, Henderson Beach State Park, restaurants, shopping and more. Gulf Terrace boasts an array of amenities designed to enhance your lifestyle. Enjoy three sparkling swimming pools, two tennis courts, a clubhouse and a serene lake perfect for fishing. Whether you're a flipper or an investor, this unit offers tremendous potential. With its fantastic location and array of amenities, this Gulf Terrace gem is an ideal choice for your next investment or vacation home.

Listing Agent

Keli O'neal

Scenic Sotheby's International Realty License #3359495

Scenic Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,927

Year Built

  • Built in 1973

HOA Fees

  • $570 Monthly HOA Fees

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Induction Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Home Security

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1095-0000-0191

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, land recreation, licenses/permits, management, master, recreational faclty, sewer, water, cable TV, trash
  • 8 Buildings
  • 8 Units
  • Gulf Terrace Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Recreation Room
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Fishing

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,927

Year Built

Built in 1973

Lot Details

0

HOA Fees

$570 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: GULF TERRACE CONDO
  • Directions: From Hwy. 98 and Airport Road in Destin, travel west and turn north between Waffle House and the old Chick-fil-A. After going through the gate, make first right and building 16 will be on your right. Ground floor unit 191.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1973
  • Utilities Electric: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 8
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Furnished - Some, Owner's Closet, Window Treatment All
  • Stories: 2
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Smooth Stovetop Rnge: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Roof Metal, Vinyl Siding, Slab
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Dumpster, Fishing, Gated Community, Laundry, Pavillion/Gazebo, Picnic Area, Pool, Tennis
  • Association #2 Fee: 569.56
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Land Recreation, Licenses/Permits, Management, Master Association, Recreational Faclty, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-1095-0000-0191
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 2926.83
  • Tax Year: 2023

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 $2,733 $230,000 -- $230,000
2023 $2,733 $245,000 $0 $245,000
2022 $2,356 $195,500 $0 $195,500
2021 $1,295 $110,000 $0 $110,000
2020 $1,126 $90,000 $0 $90,000
2019 $1,062 $85,000 $0 $85,000
2018 $963 $75,000 $0 $0
2017 $941 $72,000 $0 $0
2016 $905 $70,000 $0 $0
2015 $835 $63,000 $0 $0
2014 $791 $59,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Rented $1,750 +2.9% --
10/30/2024 10/30/24 Price Changed $1,700 -10.5% $2 / Sq Ft
09/30/2024 09/30/24 Price Changed $1,900 -2.6% $2 / Sq Ft
09/27/2024 09/27/24 For Rent $1,950 0.0% --
09/11/2024 09/11/24 Price Changed $279,000 -0.4% $266 / Sq Ft
09/03/2024 09/03/24 Price Changed $280,000 -0.4% $267 / Sq Ft
08/29/2024 08/29/24 Price Changed $281,000 -0.4% $268 / Sq Ft
08/19/2024 08/19/24 Price Changed $282,000 -0.4% $269 / Sq Ft
08/13/2024 08/13/24 Price Changed $283,000 -1.7% $270 / Sq Ft
07/03/2024 07/03/24 Price Changed $288,000 -0.3% $274 / Sq Ft
06/19/2024 06/19/24 For Sale $289,000 +15.6% $275 / Sq Ft
12/22/2021 12/22/21 Sold $250,000 0.0% $238 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/21/2021 11/21/21 For Sale $250,000 +194.1% $238 / Sq Ft
04/30/2012 04/30/12 Sold $85,000 0.0% $81 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
04/29/2009 04/29/09 For Sale $85,000 -- $81 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 Sunbelt Title
Quit Claim Deed -- Sunbelt Title
Warranty Deed $85,000 Mcneese Title Llc
Warranty Deed $90,000 Touchstone Land Title Inc
Warranty Deed $70,700 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $68,000 Future Advance Clause Open End Mortgage
Previous Owner $72,000 Purchase Money Mortgage
Previous Owner $50,000 Unknown
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 952776

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1095-0000-0191