$75,000
SOLD MAY 23, 2017 RENTED JUL 21, 2025

4000 Gulf Terrace Dr Unit 2001 Destin, FL 32541

1 Bed
1 Bath
750 Sq Ft
$304/mo HOA Fee

Recently Sold

$100 Per Sq Ft

3 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Tennis Courts
  • Destin Elementary School Rated A-
  • Community Pool
  • Balcony

About This Home

As of March 2023

Don't miss out on this deal! Gulf Terrace is centrally located in Destin and allows short term rentals. It's a gated community with 3 pools and two tennis courts.

Last Agent to Sell the Property

Lacey Price

Destin Real Estate License #3095944 Listed on: 05/16/2017

Last Buyer's Agent

Christopher Lawson

Pelican Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $213

Year Built

  • Built in 1976

HOA Fees

  • $304 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Metal Roof
  • Wood Trim
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 750 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Exterior Washer Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1095-0000-2001

Community Details

Overview

  • Association fees include accounting, ground keeping, management, recreational faclty, sewer, water
  • 8 Buildings
  • 8 Units
  • Gulf Terrace Condo Subdivision

Amenities

  • Community Pavilion
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$213

Year Built

Built in 1976

Lot Details

0

HOA Fees

$304 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: GULF TERRACE CONDO
  • Directions: From Highway 98 turn N between Chick-fil-A and Waffle House.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1976
  • Utilities Electric: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Community Water: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Number Of Buildings: 8
  • Appliances: Dishwasher, Disposal, Stove/Oven Electric
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Furnished - None, Washer/Dryer Hookup
  • Stories: 2
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Vinyl Siding, Slab, Stucco, Trim Wood
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Trim Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Guest
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Community Sewer, Community Water, Electric

Condo/Co-op/Association

  • Community Features: Exercise Room, Gated Community, Laundry, Pavillion/Gazebo, Pool, Tennis
  • Association #2 Fee: 303.52
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Recreational Faclty, Sewer, Water

Schools

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

Lot Info

  • Parcel #: 00-2S-22-1095-0000-2001
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 212.89
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Mar 30, 2023
Sold by
Lariviere Christopher Michael
Bought by
Teague Shantelle Shakira
Seller's Agent
Chris Taylor
Ocean Reef Realty Inc
Buyer's Agent
Kristen Brown
LPT Realty LLC
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Views
160
Current Estimated Value
$204,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,939
Avg. Annual Appreciation
-5.04%
Original Mortgage
$225,000
Outstanding Balance
$220,378
Interest Rate
7.13%
Mortgage Type
Construction
Estimated Equity
-$20,798

Purchase Details

Closed on
Feb 3, 2021
Sold by
Miles Marcella M
Bought by
Lariviere Christopher Michael

Purchase Details

Listed on
May 16, 2017
Closed on
May 30, 2017
Sold by
Ladouceur Rosemary and Ladouceur Rosemary
Bought by
Mikes Marcella M
Seller's Agent
Lacey Price
Destin Real Estate
Buyer's Agent
Christopher Lawson
Pelican Real Estate
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Source: Public Records

Similar Homes in Destin, FL

  • 10 Harbor Blvd Unit 505, Destin, FL 32541

    $79,000

    • 3 Beds
    • 3 Baths
    • 1,675 Sq Ft
    • 10 Harbor Blvd
    • Unit 505
    • Destin, FL

    🌴 Fractional Ownership Opportunity - Share E for Sale (6 Weeks Per Year)!Experience luxury coastal living at Emerald Grande at HarborWalk Village in this stunning 3BR/3BA corner condo. With fractional ownership, you enjoy six weeks a year in paradise—without the full-time responsibility or price tag of sole ownership. Fractional ownership allows you to purchase only the time you'll use,

    Christina Schlink Compass

    Section Image
  • 10 Harbor Blvd Unit 205, Destin, FL 32541

    $65,000

    • 3 Beds
    • 3 Baths
    • 1,675 Sq Ft
    • 10 Harbor Blvd
    • Unit 205
    • Destin, FL

    Fractional Ownership. Share E for sale. Own a 1/8 share in this stunning 3BR, 3BA corner condo and enjoy 6 weeks per year in Destin. Take in breathtaking views of Destin Harbor, East Pass, the Gulf, and Crab Island from over 500 sq. ft. of balcony space. Resort-style amenities include a pool, two hot tubs, spa, fitness center, 24-hour front desk, bell service, onsite dining with room service, and

    Rachell Chauvin Legendary Realty LLC

    Section Image
  • 10 Harbor Blvd Unit 505, Destin, FL 32541

    $89,900

    • 3 Beds
    • 3 Baths
    • 1,675 Sq Ft
    • 10 Harbor Blvd
    • Unit 505
    • Destin, FL

    This fractional ownership opportunity provides a 1/8 share with 6 weeks of usage, allowing you to experience the beauty of Destin throughout the year. Welcome to this stunning 3-bedroom, 3-bathroom corner condo offering breathtaking water views of Destin Harbor, East Pass, Gulf of Mexico, and Crab Island. Enjoy over 500 square feet of balcony space to soak in the scenery and coastal breeze.

    Rachell Chauvin Legendary Realty LLC

    Section Image
  • 10 Harbor Blvd Unit 601, Destin, FL 32541

    $73,000

    • 2 Beds
    • 2 Baths
    • 1,249 Sq Ft
    • 10 Harbor Blvd
    • Unit 601
    • Destin, FL

    Fractional Ownership. Share F for sale. Immerse yourself in the ultimate coastal lifestyle with this exclusive opportunity! Revel in 6 weeks of unrivaled luxury per year in this magnificent 2-bedroom condominium, featuring a full bunk room and accommodations for up to 8 guests. Enjoy your secluded balconies with water views of the Gulf, Bay, and Pass.Escape to our pristine shores with

    Rachell Chauvin Legendary Realty LLC

    Section Image
  • 10 Harbor Blvd Unit 305, Destin, FL 32541

    $89,000

    • 3 Beds
    • 3 Baths
    • 1,675 Sq Ft
    • 10 Harbor Blvd
    • Unit 305
    • Destin, FL

    This fractional ownership opportunity provides a 1/8 share with 6 weeks of usage, allowing you to experience Destin year-round. Owner financing available! This stunning 3-bedroom, 3-bathroom corner condo boasts breathtaking water views of Destin Harbor, East Pass, the Gulf, and Crab Island. Enjoy 500+ sq. ft. of balcony space to soak in the scenery. Amenities include a pool, 2 hot tubs, spa,

    Rachell Chauvin Legendary Realty LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $225,000 --
Warranty Deed $121,000 Emerald Coast Title Svcs Llc
Warranty Deed $75,000 First International Tile Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 Construction
Previous Owner $41,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Rented $1,750 0.0% --
06/26/2025 06/26/25 For Rent $1,750 0.0% --
06/04/2025 06/04/25 Price Changed $201,000 -2.0% $272 / Sq Ft
05/01/2025 05/01/25 For Sale $205,000 -8.9% $278 / Sq Ft
03/30/2023 03/30/23 Sold $225,000 -4.3% $300 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $235,000 +213.3% $313 / Sq Ft
05/23/2017 05/23/17 Sold $75,000 0.0% $100 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $75,000 -- $100 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

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 $2,048 $200,000 -- $200,000
2023 $2,048 $205,000 $0 $205,000
2022 $1,567 $130,000 $0 $130,000
2021 $1,107 $93,500 $0 $93,500
2020 $984 $80,000 $0 $80,000
2019 $953 $80,000 $0 $80,000
2018 $822 $64,000 $0 $0
2017 $226 $42,258 $0 $0
2016 $213 $41,389 $0 $0
2015 $213 $41,101 $0 $0
2014 $212 $40,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 775674

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1095-0000-2001