4000 Gulf Terrace Dr Unit 250 Destin, FL 32541
2
Beds
2
Baths
900
Sq Ft
$628/mo
HOA Fee
Highlights
- Lake Front
- Pool House
- Newly Painted Property
- Destin Elementary School Rated A-
- Gated Community
- Main Floor Primary Bedroom
About This Home
As of February 2025Located at the sought-after 4000 Gulf Terrace, this fully furnished 2-bedroom, 2-bathroom property is the perfect addition to your short-term rental portfolio. Nestled within a gated community, the condo offers access to 3 swimming pools, tennis courts, and a serene lake. Guests will love the unbeatable location—just minutes from Destin's pristine beaches, Big Kahuna's Waterpark, and local dining hotspots. With a modern interior, recent upgrades, and a proven track record of strong rental income, this property is ready to start generating returns from day one. Don't miss out on this prime investment in one of Florida's top vacation destinations!
Last Agent to Sell the Property
Acasa Realty LLC License #3429422 Listed on: 11/08/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,164
Year Built
- Built in 1974 | Remodeled
Lot Details
- Lake Front
HOA Fees
- $628 Monthly HOA Fees
Home Design
- Newly Painted Property
- Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- 900 Sq Ft Home
- 2-Story Property
- Furnished
- Built-in Bookshelves
- Living Room
- Laminate Flooring
- Lake Views
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Shower Only
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Pool
- Pool House
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Balcony
- Built-In Barbecue
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-22-1095-0000-0250
Community Details
Overview
- Association fees include accounting, ground keeping, insurance, internet service, management, sewer, water, cable TV, trash
- 8 Buildings
- 8 Units
- Gulf Terrace Condo Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Recreation Room
Recreation
- Tennis Courts
- Community Pool
Pet Policy
- Pets Allowed
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2024
Closed on
Feb 3, 2025
Sold by
Tarau Ioan Claudiu
Bought by
Adams Family Trust and Adams
Seller's Agent
Simona Ghile
Acasa Realty LLC
Buyer's Agent
Alina Jackson
Waves of the Emerald Coast Realty LLC
List Price
$289,000
Sold Price
$250,000
Premium/Discount to List
-$39,000
-13.49%
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,576
Avg. Annual Appreciation
-1.16%
Purchase Details
Listed on
Oct 9, 2019
Closed on
Jan 31, 2020
Sold by
Isenhour Cheyenne
Bought by
Tarau Ioan Claudiu
Seller's Agent
Dan Dufault
Sea Coast Realty Group Inc
Buyer's Agent
Simona Ghile
Century 21 AllPoints Realty
List Price
$133,000
Sold Price
$133,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.42%
Original Mortgage
$99,750
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 2006
Sold by
Cavanary Edward J and Cavanary Charlotte L
Bought by
Isenhour Cheyenne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Destin, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | Waypoint Title | |
| Warranty Deed | $133,000 | Championship Title Agcy Llc | |
| Warranty Deed | $170,000 | Old South Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $110,239 | Credit Line Revolving | |
| Previous Owner | $99,750 | New Conventional | |
| Previous Owner | $129,275 | New Conventional | |
| Previous Owner | $136,000 | Purchase Money Mortgage | |
| Previous Owner | $34,000 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/03/2025 02/03/25 | Sold | $250,000 | -3.8% | $278 / Sq Ft |
| 01/08/2025 01/08/25 | Pending | -- | -- | -- |
| 12/30/2024 12/30/24 | Price Changed | $259,900 | -3.3% | $289 / Sq Ft |
| 12/18/2024 12/18/24 | Price Changed | $268,900 | -0.4% | $299 / Sq Ft |
| 11/22/2024 11/22/24 | Price Changed | $269,900 | -6.6% | $300 / Sq Ft |
| 11/08/2024 11/08/24 | For Sale | $289,000 | 0.0% | $321 / Sq Ft |
| 10/26/2024 10/26/24 | Pending | -- | -- | -- |
| 10/01/2024 10/01/24 | Price Changed | $289,000 | -3.3% | $321 / Sq Ft |
| 08/15/2024 08/15/24 | For Sale | $299,000 | +124.8% | $332 / Sq Ft |
| 01/31/2020 01/31/20 | Sold | $133,000 | 0.0% | $148 / Sq Ft |
| 12/16/2019 12/16/19 | Pending | -- | -- | -- |
| 10/09/2019 10/09/19 | For Sale | $133,000 | -- | $148 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $2,164 | $230,000 | -- | $230,000 |
| 2023 | $2,164 | $230,000 | $0 | $230,000 |
| 2022 | $1,715 | $160,000 | $0 | $160,000 |
| 2021 | $1,434 | $115,500 | $0 | $115,500 |
| 2020 | $396 | $63,762 | $0 | $0 |
| 2019 | $394 | $85,000 | $0 | $0 |
| 2018 | $392 | $61,166 | $0 | $0 |
| 2017 | $392 | $59,908 | $0 | $0 |
| 2016 | $385 | $58,676 | $0 | $0 |
| 2015 | $391 | $58,268 | $0 | $0 |
| 2014 | $393 | $57,806 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Simona Ghile
S
Seller's Agent in 2025
Simona Ghile
Acasa Realty LLC
(850) 368-4863
22 in this area
51 Total Sales
-
Alina Jackson
A
Buyer's Agent in 2025
Alina Jackson
Waves of the Emerald Coast Realty LLC
(850) 533-7885
14 in this area
26 Total Sales
-
D
Seller's Agent in 2020
Dan Dufault
Sea Coast Realty Group Inc
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 957026
APN: 00-2S-22-1095-0000-0250
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 4000 Gulf Terrace Dr Unit 276
- 4000 Gulf Terrace Dr Unit 228
- 4000 Gulf Terrace Dr Unit 2007
- 4000 Gulf Terrace Dr Unit 122
- 4000 Gulf Terrace Dr Unit 282
- 4000 Gulf Terrace Dr Unit 159
- 4000 Gulf Terrace Dr Unit 108
- 4000 Gulf Terrace Dr Unit 2001
- 4000 Gulf Terrace Dr Unit 131
- 4000 Gulf Terrace Dr Unit 112
- 4000 Gulf Terrace Dr Unit 189
- 4000 Gulf Terrace Dr Unit 213
- 4000 Gulf Terrace Dr Unit 2008
- 4000 Gulf Terrace Dr Unit 137
- 4000 Gulf Terrace Dr Unit 1008
- 1085 U S 98 Unit 149
- 305 Mattie M Kelly Blvd
- 1040 U S 98 Unit 615
- 1040 U S 98 Unit 1018
- 289 Mattie M Kelly Blvd