$133,000
SOLD JAN 31, 2020

4000 Gulf Terrace Dr Unit 250 Destin, FL 32541

2 Beds
2 Baths
900 Sq Ft
$364/mo HOA Fee

Recently Sold

$148 Per Sq Ft

68 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Enclosed Patio or Porch
  • Destin Elementary School Rated A-
  • Gated Community
  • Balcony

About This Home

As of February 2025

Long view of the Lake. Rare find, 2 bedroom, 2 full bath. Many updates to this unit. Newer kitchen, Built ins, Stackable Washer & Dryer with shelving. New A/C, Track lighting, and more a must see. Convenient location in the heart of Destin. Long term or short term rentals. Amenities include: 3 pools, tennis courts, laundry facilities, grills and community room. Close to beaches, entertainment & shopping. Buyer to verify all dimensions.

Last Agent to Sell the Property

Dan Dufault

Sea Coast Realty Group Inc License #486643 Listed on: 10/09/2019

Last Buyer's Agent

Simona Ghile

Century 21 AllPoints Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $941

Year Built

  • Built in 1974

Lot Details

  • Lake Front

HOA Fees

  • $364 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Built-in Bookshelves
  • Ceiling Fan
  • Track Lighting
  • Living Room
  • Wall to Wall Carpet
  • Lake Views

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Balcony
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Central Air
  • 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 ground keeping, insurance, internet service, repairs/maintenance, security, sewer, water, cable TV, trash
  • 8 Buildings
  • 8 Units
  • Gulf Terrace Condo Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Community Barbecue Grill
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$941

Year Built

Built in 1974

Lot Details

0

HOA Fees

$364 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: GULF TERRACE CONDO
  • Directions: Across the street from Sundestin. On the north side of Hwy 98 between Chick-Fil-A and Waffle House
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1974
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Balcony2: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 8
  • Appliances: Dishwasher, Disposal, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Built-In Bookcases, Floor WW Carpet, Furnished - Some, Lighting Track
  • Stories: 2
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Lighting Track: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Built-In Bookcases: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Block, Frame, Roof Metal, Vinyl Siding
  • Exterior Features: Patio Covered, Patio Enclosed, Pool - In-Ground, Tennis Court
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Tennis Court: Yes
  • Exterior:Patio Enclosed: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Gated Community, Pets Allowed, Pool, Tennis, TV Cable
  • Association #2 Fee: 364.21
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Internet Service, Repairs/Maintenance, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-1095-0000-0250
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 940.98
  • Tax Year: 2018

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
$252,576

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
Source: Public Records

Similar Home in Destin, FL

  • 10 Harbor Blvd Unit 202, Destin, FL 32541

    $99,500

    • 2 Beds
    • 2 Baths
    • 1,249 Sq Ft
    • 10 Harbor Blvd
    • Unit 202
    • Destin, FL

    Fractional Ownership with 6 weeks of usage each year! Share E for sale! Listed as a 2 bedroom, however the unit has a full bunk room and will sleeps 8. Owners of the luxury fractional shares at Emerald Grande experience a unique vacation lifestyle. Designed for those whose expectations of luxury and service are exceptionally high, Emerald Grande redefines resort living. Enjoy room service, onsite

    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 $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

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 $2,164 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 832970

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1095-0000-0250