$144,900
PENDING

4000 Gulf Terrace Dr Unit 227 Destin, FL 32541

Estimated payment $1,405/month

Total Views 803
1 Bed
1 Bath
738 Sq Ft
$196 Price per Sq Ft

Highlights

  • Home fronts a pond
  • Gated Community
  • Pond
  • Destin Elementary School Rated A-
  • Pond View
  • Community Pool

About This Home

Great opportunity to own a condo in the Heart of Destin! Has 3 Pools, Tennis Courts, and other easy access amenities! This condo faces the Large Pond for relaxing times on your private patio! You could use as a long term or short term investment, perfect for a 1st time rental investor or a 2nd property to come and chill at the beautiful Destin Beaches! This unit will need your personal touches and TLC! Offers Washer/Dryer, Island in Kitchen, and the Large TV will Convey! Your vison can turn this condo into a perfect property for multiple uses! Have a boat or trailer not to worry there is parking permits available!

Listing Agent

Mary Ann Troiano

Destin Luxury Real Estate and Rental License #3161205 Listed on: 11/08/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $495

Year Built

  • Built in 1973

Lot Details

  • Home fronts a pond

HOA Fees

  • $602 Monthly HOA Fees

Interior Spaces

  • 738 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Vinyl Flooring
  • Pond Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Pond
  • Covered Patio or Porch

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Parcel ID 00-2S-22-1095-0227-0000

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, management, master, utilities, security, sewer, water, cable TV, trash
  • Gulf Terrace Condo Subdivision

Amenities

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

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$495

Year Built

Built in 1973

Lot Details

0

HOA Fees

$602 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: GULF TERRACE CONDO
  • Directions: From Hwy 98 Turn into Gulf Terrace between Chick fil la and the Waffle House then turn right and Building 7 will be on your left.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1973
  • 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
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Utilities:Community Water: Yes
  • Energy:Ceiling Fans: Yes
  • Waterfront:Pond: Yes
  • Waterview:Pond2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Floor Vinyl
  • Interior Amenities: Kitchen Island, Washer/Dryer Hookup
  • Stories: 2
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Kitchen Island: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Pond
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Patio And Porch Features: Patio Covered, Patio Open
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Patio Covered: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, 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, Legal, Management, Master Association, Other Utilities, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: Parcel ID 00-2S-22-1095-0227-0000

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 $495 $82,331 -- --
2023 $495 $79,933 $0 $0
2022 $472 $77,605 $0 $0
2021 $463 $75,345 $0 $0
2020 $459 $74,305 $0 $0
2019 $458 $80,000 $0 $0
2018 $456 $71,280 $0 $0
2017 $363 $55,520 $0 $0
2016 $355 $54,378 $0 $0
2015 $360 $54,000 $0 $0
2014 $649 $49,680 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2025 11/09/25 Pending -- -- --
11/08/2025 11/08/25 For Sale $144,900 +47.9% $196 / Sq Ft
02/01/2022 02/01/22 Off Market $98,000 -- --
05/08/2017 05/08/17 Sold $98,000 0.0% $131 / Sq Ft View Prior Sale
04/29/2017 04/29/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $98,000 +22.5% $131 / Sq Ft
04/15/2014 04/15/14 Sold $80,000 0.0% $107 / Sq Ft View Prior Sale
03/21/2014 03/21/14 Pending -- -- --
11/11/2013 11/11/13 For Sale $80,000 -- $107 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $98,000 Aqua Title Services
Warranty Deed $80,000 Mti Title Ins Agency Inc
Special Warranty Deed $70,900 Landsafe Title Of Fl Inc
Trustee Deed $5,300 None Available
Warranty Deed $58,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $58,500 No Value Available
Source: Public Records

About the Listing Agent

Mary Ann Troiano

Destin Luxury Real Estate and Rental

(448) 230-5423

Section Image

I've been in the area since I was 13 years old....not that long ago which is hard to believe since I've raised 2 sons and the oldest is now 40! I've been in Real Estate since 2006, during that time I've gone through the market when foreclosures were mostly on the market to peak when properties didn't stay on the market for more than a day! This has given me the experience in all stages of Real Estate both with buyers and sellers from modest homes and condos to high end luxury homes and

Mary Ann's Other Listings

  • 3816 Indigo Cir, Destin, FL 32541

    $488,999

    • 3 Beds
    • 2 Baths
    • 1,859 Sq Ft
    • 3816 Indigo Cir
    • Destin, FL

    Great Location and No HOA's!! Brick Home with Split Floor Plan, 3 Bedrooms, 2 Baths, Fireplace, and nice back deck for cookouts or just relaxing with friends! Fenced in Backyard if you have pets! New Roof, New Hot Water Heater, Fresh Paint, Open Floor Plan. New Refrigerator and some minor upgrades (Flooring, Guest Bathroom, Mirrors, Ceiling Fans, Lighting and Landscaping). Looks great a must see

    Mary Ann Troiano Destin Luxury Real Estate and Rental

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  • 2076 Scenic Gulf Dr Unit 2009, Miramar Beach, FL 32550

    $639,900

    • 3 Beds
    • 2 Baths
    • 1,106 Sq Ft
    • 2076 Scenic Gulf Dr
    • Unit 2009
    • Miramar Beach, FL

    Perfect Condo waiting for you! Gulf Views, Newly Renovated, Very short distance from the beach. Great vacation rental or 2nd home for family Getaways! Features 3 bedrooms and 2 baths. A must see to appreciate all the updates and decor. Offers Tennis and Community Pool and Beach Access! Special Assessment paid in full and All exterior remodeling has been completed! Near many restaurants and

    Mary Ann Troiano Destin Luxury Real Estate and Rental

    Section Image
  • 703 Sailfish Dr, Fort Walton Beach, FL 32548

    $250,000 Pending

    • Land
    • 0.25 Acre
    • $1,000,000 per Acre
    • 703 Sailfish Dr
    • Fort Walton Beach, FL

    Property is sold as vacant land due to the home being demolished.

    Mary Ann Troiano Destin Luxury Real Estate and Rental

    Section Image
  • 37 Teak Dr, Santa Rosa Beach, FL 32459

    $1,618,500 Sold Apr 30, 2025

    • 7 Beds
    • 5.5 Baths
    • 4,554 Sq Ft
    • 37 Teak Dr
    • Santa Rosa Beach, FL

    A stunning 7 Bedroom, 5.5 Bath Estate, Perfectly situated on 3/4 acres across from the Bay, complete with resort-style pool, outside kitchen, and a beautifully designed carriage house! Upon entering you'll discover a spacious and functional floor plan with an expansive living area great for entertaining and everyday living. The kitchen boast a large island, top of line appliances with Z-Line

    Mary Ann Troiano Destin Luxury Real Estate and Rental

  • 221 Chateaugay St NW, Fort Walton Beach, FL 32548

    $265,000 Sold Feb 28, 2025

    • 3 Beds
    • 2 Baths
    • 1,775 Sq Ft
    • 221 Chateaugay St NW
    • Fort Walton Beach, FL

    Location is great near Schools, Shopping, Restaurants and Hurlburt Field. Roof is New 2024, A/C 2023 and features a Rinnai Water Heater. Windows and Sliding Doors are Hurricane Rated. This 3 Bedroom/2 Bath home features Living area and Separate Den, Kitchen has had some updating and offers a Large fenced backyard. Single Level, No Popcorn Ceilings, TLC & NO HOA!! Photos coming soon!

    Mary Ann Troiano Destin Luxury Real Estate and Rental

  • 2220 Kerra Ln, Navarre, FL 32566

    $345,000 Sold Nov 25, 2024

    • 3 Beds
    • 2 Baths
    • 1,501 Sq Ft
    • 2220 Kerra Ln
    • Navarre, FL

    NEW PHOTOS!! NO HOA!! Back on Market to no fault of the Sellers!! Location is not the only great feature about this home. It offers a Large Corner Lot with sprinkler system, shed, and would be perfect if you would like to add a pool. Home has 3 Bedrooms 2 Full Baths and a Heated and Cooled Florida Room. Kitchen and Dining area features a Bay Window and Coffee Station. Wood burning Fireplace,

    Mary Ann Troiano Destin Luxury Real Estate and Rental

  • 2229 Kerra Ln, Navarre, FL 32566

    $335,000 Sold May 29, 2025

    • 3 Beds
    • 2 Baths
    • 1,337 Sq Ft
    • 2229 Kerra Ln
    • Navarre, FL

    Location Location Location is everything! Short distance to Navarre Beach and The Intercoastal Waterway! Only 8 Miles to Hurlburt Field Military Base. Home has been completely updated with appliances, flooring, bathrooms, kitchen, No Popcorn ceilings! Has a great Covered Summer Kitchen with TV hookup! Large fenced in Backyard with Shed and Planter Boxes! Best thing to mention is Roof is new

    Mary Ann Troiano Destin Luxury Real Estate and Rental

Source: Emerald Coast Association of REALTORS®

MLS Number: 989229

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1095-0227-0000