$51,000
SOLD APR 30, 2012

4000 Gulf Terrace Dr Unit 276 Destin, FL 32541

1 Bed
1 Bath
672 Sq Ft
$282/mo HOA Fee

Recently Sold

$76 Per Sq Ft

48 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

Great 1 bedroom, 1 bath condo located in the very heart of Destin. This unit is located on the second floor and features new appliances, ceramic top stove, white cabinets, kitchen has breakfast bar with new counter tops. Close to restaurants, shopping and entertainment, you can not beat this location. Purchase this property for as little as 3% down. Property being sold ''AS IS'' with right to inspect.

Last Agent to Sell the Property

Michael Kelly

Keller Williams Realty Destin Listed on: 02/18/2012

Keller Williams Realty Destin

Last Buyer's Agent

ecn.rets.e9239

ecn.rets.RETS_OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,855

Year Built

  • Built in 1973

HOA Fees

  • $282 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Metal Roof
  • Vinyl Siding
  • Vinyl Trim
  • Stucco

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Dining Room
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Dressing Area
  • 1 Full Bathroom
  • Cultured Marble Bathroom Countertops

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1095-0000-0276

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, management, utilities, recreational faclty, security, sewer, water
  • Gulf Terrace Condo Subdivision

Amenities

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

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,855

Year Built

Built in 1973

Lot Details

0

HOA Fees

$282 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: GULF TERRACE CONDO
  • Directions: From Hwy 98 between Chic Filet and Waffle House, go North into Gulf Terrace. Take a left toward the end of the complex condo is on the right Bldg #24 Unit #276
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1973
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Breakfast Bar, Floor Vinyl, Floor WW Carpet, Washer/Dryer Hookup, Window Treatmnt Some, Woodwork Painted
  • Stories: 2
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Woodwork Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Gated Community, Laundry, Picnic Area, Pool, Tennis, TV Cable
  • Association #2 Fee: 281.5
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Management, Other Utilities, Recreational Faclty, Security, Sewer, Water

Schools

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

Lot Info

  • Parcel #: 00-2S-22-1095-0000-0276
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2020
Closed on
Apr 10, 2020
Sold by
Correa Edgar Barbosa and Correa Melina Branco
Bought by
Buinicky Bradley Yan and Buinicky Fernanda Dos
Seller's Agent
Tania Grady
Real Broker LLC
Buyer's Agent
Tania Grady
Real Broker LLC
List Price
$100,500
Sold Price
$100,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.86%
Original Mortgage
$70,280
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2017
Closed on
Feb 8, 2017
Sold by
Khan Shirin G
Bought by
Correa Edgar Barbos and Correa Melina Branco
Seller's Agent
Meagan Elder
Coldwell Banker Realty
Buyer's Agent
Amanda Grandy
Berkshire Hathaway HomeServices PenFed Realty
List Price
$84,000
Sold Price
$84,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%

Purchase Details

Listed on
Apr 1, 2016
Closed on
Apr 29, 2016
Sold by
Vangronigen Charles and Vangronigen Joe A
Bought by
Khan Shirin G
Seller's Agent
Rhonda Dossey
The Premier Property Group
Buyer's Agent
T Keith Bailey
Pelican Real Estate
List Price
$64,700
Sold Price
$64,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.16%

Purchase Details

Listed on
Feb 18, 2012
Closed on
Apr 30, 2012
Sold by
Fannie Mae
Bought by
Vangronigen Charles and Vangronigen Joe Ann
Seller's Agent
Michael Kelly
Keller Williams Realty Destin
Buyer's Agent
ecn.rets.e9239
ecn.rets.RETS_OFFICE
List Price
$51,000
Sold Price
$51,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Jan 31, 2012
Sold by
Lucas Steven F
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 1, 2003
Sold by
Russum Wilma B
Bought by
English Barton W
Source: Public Records

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Range of Values:

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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 $100,400 Mti Ttl Ins Urance Agcy Inc
Warranty Deed $84,000 Old South Land Title Co
Warranty Deed $64,700 --
Special Warranty Deed $51,000 Attorney
Trustee Deed -- None Available
Warranty Deed $62,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 New Conventional
Open $409,000 New Conventional
Closed $70,280 New Conventional
Previous Owner $93,750 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 For Sale $245,000 +8.9% $332 / Sq Ft
05/02/2023 05/02/23 Off Market $225,000 -- --
03/24/2023 03/24/23 Sold $225,000 -4.3% $281 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $235,000 0.0% $294 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
02/02/2023 02/02/23 Price Changed $235,000 -4.1% $294 / Sq Ft
11/23/2022 11/23/22 For Sale $245,000 0.0% $306 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $245,000 +143.8% $306 / Sq Ft
08/05/2021 08/05/21 Off Market $100,500 -- --
04/10/2020 04/10/20 Sold $100,500 0.0% $126 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/29/2020 02/29/20 For Sale $100,500 +55.3% $126 / Sq Ft
06/23/2019 06/23/19 Off Market $64,700 -- --
02/08/2017 02/08/17 Sold $84,000 0.0% $125 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $84,000 +29.8% $125 / Sq Ft
04/26/2016 04/26/16 Sold $64,700 0.0% $96 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $64,700 +26.9% $96 / Sq Ft
04/30/2012 04/30/12 Sold $51,000 0.0% $76 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
02/18/2012 02/18/12 For Sale $51,000 -- $76 / 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 $1,855 $200,000 -- $200,000
2023 $1,855 $205,000 $0 $205,000
2022 $1,391 $130,000 $0 $130,000
2021 $1,161 $93,500 $0 $93,500
2020 $1,001 $80,000 $0 $80,000
2019 $412 $80,000 $0 $0
2018 $410 $64,000 $0 $0
2017 $771 $59,000 $0 $0
2016 $344 $48,621 $0 $0
2015 $311 $44,974 $0 $0
2014 $288 $42,808 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 572186

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1095-0000-0276