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$227,000

4000 Gulf Terrace Dr Unit 129 Destin, FL 32541

1 bed
2 full
900 sqft
$252 / sqft
Condo

Property details

About 4000 Gulf Terrace Dr Unit 129

Welcome to an incredible investment opportunity in beautiful Destin, Florida! With a low entry price, the possibilities are endless. This beautiful condo can be transformed into your dream home or a vacation retreat with short-term rentals—no restrictions on STRs! Featuring 1 bedroom and 2 full bathrooms, this condo offers an ideal space for anyone looking to be in the heart of Destin. Conveniently located near Big Kahunas Water Park, Destins stunning white sand beaches, shopping, dining, and more. Dont miss out—contact us today to schedule a private showing with an investor-savvy agent and explore all the potential this condo has to offer!

Highlights

Home typeCondominium
StatusActive
CoolingCentral Air
Size900 sqft
Year built1976
MLS #970293
ViewPond

Summary

  • Full Bathrooms: 2
  • Total Bedroom Count: 1
  • Private Pool: No
  • View: Pond
  • Architectural Style: N/A
  • Cooling: Central Air
  • List Price: $227,000
  • Price/SqFt: $252
  • HOA Amount: $523 Monthly
  • Annual Tax Amount: $441
  • Tax Year: 2023
  • Directions: AKE AIRPORT ROAD NORTH FROM ROUTE 98. YOU WILL SEE A SIGN ON THE LEFT FOR GULF TERRACE CONDO AND A STOP LIGHT AT THE END OF DESTIN COMMONS. TURN LEFT AT GULF TERRACE CONDO SIGN AND YOU WILL SEE THE GATE. TURN LEFT AND LOOK FOR THE UNIT NUMBERS ON THE BUILDING. LOOK FOR FIRST FLOOR UNIT 129.
  • Year Built: 1976
  • Living Area: 900 SqFt
  • MLS Number: 970293
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: EXP Realty LLC
  • Office Email: fl.admin@exprealty.net
  • Listing Agent: Jesus Lopez

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 12:40:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Nov 04, 2020
Home Sold
$125,000
Sep 03, 2019
Home Sold
$95,000
May 29, 2012
Home Sold
$60,000

Tax history

YearAssessmentProperty Tax
2023$101,846$441
2022$98,880$459
2021$96,000$459
2020$80,000$465
2018$66,000$847
2017$60,000$784

History based on county public records data.

Nearby schools

8

Destin Elementary School

Public District PK-4

1.7 mi

630 Kelly St

7

Eglin Elementary School

Public District KG-4

7.2 mi

200 Gaffney Rd

9

Bluewater Elementary School

Public District KG-5

7.7 mi

4545 Range Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,250. Residents of Destin, FL typically earn less than $<35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

53%
<35k
37%
35k-100k
6%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

64%
Single, No Kids
8%
Single, with Kids
22%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
3%
12-17 yrs old
40%
18-34 yrs old
38%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • QdobaQdoba
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • MazdaMazda
  • VolkswagenVolkswagen
  • ToyotaToyota

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4000 Gulf Terrace Dr Unit 129

The listing price of 4000 Gulf Terrace Dr Unit 129 property is $227,000.

The property 4000 Gulf Terrace Dr Unit 129 is a condo located in Destin, Florida, 32541.

Active Listing: 4000 Gulf Terrace Dr Unit 129 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4000 Gulf Terrace Dr Unit 129 are: Destin Elementary School (GreatSchools Rating 8/10), Eglin Elementary School (GreatSchools Rating 7/10), Bluewater Elementary School (GreatSchools Rating 9/10), Destin Middle School (GreatSchools Rating 8/10), Lewis School (GreatSchools Rating 8/10), Meigs Middle School (GreatSchools Rating 5/10), Niceville High School (GreatSchools Rating 6/10), Choctawhatchee High School (GreatSchools Rating 4/10), Collegiate High School at Northwest Florida State College (GreatSchools Rating 9/10).

According to the records, the last property tax for 2023 is $441 (source: MLS/based on county public records data).

The last sale was on November 4, 2020 for $125,000 (source: MLS/tax record).

The property at 4000 Gulf Terrace Dr Unit 129 has 1 bedroom and 2 bathrooms.

The property 4000 Gulf Terrace Dr Unit 129 is 900 SqFt (source: MLS/tax record).

The year of construction for 4000 Gulf Terrace Dr Unit 129 is 1976.

This home is located at 4000 Gulf Terrace Dr Unit 129 in Destin, FL and zip code 32541. This 900 square foot home was built in 1976. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $227,000.

In June 2025 more than 3 listings in Destin, FL were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 58 were sold below. The number of listings in Destin, FL increased by 3.3% between May and June 2025. Listings spent 125 days on the market in June 2025, and had a median list price of $579,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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