4000 Gulf Terrace Dr Unit 2001 Destin, FL 32541
Estimated payment $1,806/month
Total Views
9,023
1
Bed
1
Bath
738
Sq Ft
$272
Price per Sq Ft
Highlights
- Lake Front
- Gated Community
- Walk-In Pantry
- Destin Elementary School Rated A-
- Community Pool
- Balcony
About This Home
Priced Dropped! Unbeatable Location! Remodeled 1 BR 1 BA condo located on the second floor, balcony, washer/dryer hookups with low HOA. It can be used as primary residence or investment property. Complex allows STR and LTR. Gulf Terrace Complex is a very well maintained gated community, free parking, pets are allowed and resort like amenities, 3 new swimming pools, lake, tennis / pickle ball court, EV Chargers, homeowners club house. Centrally located to all Destin's attractions, restaurants, shopping, entertainment, beach access 0.8 miles away. Property right across the street from the famous Gulf of America, and popular attractions such as the Morgan Sportsplex, The Track, Big Kahuna Waterpark, and the Sun Destin Hotel featuring the PhatFish Restaurant.
Listing Agent
Waves of the Emerald Coast Realty LLC License #3475596 Listed on: 05/01/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,048
Year Built
- Built in 1973
Lot Details
- Lake Front
- Sprinkler System
HOA Fees
- $523 Monthly HOA Fees
Home Design
- Frame Construction
- Metal Roof
- Vinyl Siding
- Vinyl Trim
Interior Spaces
- 738 Sq Ft Home
- 2-Story Property
- Shelving
- Living Room
- Laminate Flooring
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Primary Bathroom includes a Walk-In Shower
Outdoor Features
- Balcony
- Rain Gutters
Schools
- Destin Elementary And Middle School
- Destin High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-1095-0000-2001
Community Details
Overview
- Association fees include ground keeping, insurance, internet service, security, sewer, water, trash
- 8 Buildings
- 8 Units
- Gulf Terrace Condo Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Recreation Room
- Laundry Facilities
Recreation
- Tennis Courts
- Community Pool
Pet Policy
- Pets Allowed
Security
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
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
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®
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
Similar Homes in Destin, FL
Source: Emerald Coast Association of REALTORS®
MLS Number: 975337
APN: 00-2S-22-1095-0000-2001
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