$2,849 Closing Credit¹
#965960, Simona M Ghile, Listing Office: Acasa Realty LLC
$229,000 List price
4000 Gulf Terrace Dr Unit 137 Destin, FL 32541
$2,719
Closing credit¹
1 bed
1 full
738 sqft
$310 / sqft
Condo
Property details
About 4000 Gulf Terrace Dr Unit 137
Affordable Destin Condo with Low HOA and Central Location. One of the few properties where All Rental types are Allowed and Pets. Primary Residence or Investment Property. Lake views right from your living room! Condo is situated on the ground floor for easy access. Granite Countertops, New HVAC and Water Heater, Tile Floors throughout, New Paint, Washer/Dryer Hook Ups in the unit. Gulf Terrace Complex is a gated community, free parking, pets are allowed and resort like amenities, 3 new swimming pools, lake, tennis / pickle ball court, homeowners club house. Centrally located to all Destins attractions, restaurants, shopping, entertainment, beach access 0.8 miles away. All measurements are approximate and to be verified by buyer. All information to be verified by buyer. This first-floor condominium presents a fantastic investment opportunity with NO RENTAL RESTRICTIONS, allowing for flexible income potential. It is part of the most affordable complex to own in Destin. All offers are welcome! No Flood Zone! Community Features: gated entrances from HWY 98 and Airport Rd, Access to 3 swimming pools, including one heated, Tennis/pickleball court and a clubhouse for owners. HOA Coverage: The monthly fee covers building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates, ensuring low maintenance for the homeowner. See More Section Sellers Motivations and Additional Property Features: The seller is motivated and willing to assist with closing costs, making this an even more attractive opportunity. The complex offers convenient boat parking exclusively for owners at a minimal monthly fee, catering to those who love boating adventures. Additionally, the on-site laundry facility is undergoing a remodel to enhance its modern look and efficiency. Located just 0.7 miles from public beach access, this property positions residents right across the street from the Gulf of America. This condominium is in close proximity to popular attractions such as the Morgan Sportsplex, The Track, Big Kahuna Waterpark, and the Sun Destin Hotel featuring the PhatFish Restaurant. These nearby destinations add significant appeal for both residents and potential renters. Within the complex, youll find Quail Lake, a recently stocked catch-and-release natural aquifer, perfect for leisurely fishing and relaxation.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size738 sqft
Year built1973
MLS #953955
WaterfrontLake Front
ViewLake
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Disposal, Microwave, Self Cleaning Oven, Refrigerator, Electric Oven
- Interior: Breakfast Bar, Newly Painted, Owners Closet, Pantry, Washer/Dryer Hookups
- Total Bedroom Count: 1
- Private Pool: No
- Waterfront: Lake Front
- View: Lake
- Exterior: BBQ Pit/Grill, Sprinkler System
- Architectural Style: N/A
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- List Price: $229,000
- Price/SqFt: $310
- HOA Amount: $523 Monthly
- Annual Tax Amount: $1,811
- Tax Year: 2023
- Directions: Driving West on HWY 98, turn right on Gulf Terrace Drive. Access gate located next to Waffle House. Across the street from SunDestin Beach Resort. Building 10, First Floor.
- Year Built: 1973
- Living Area: 738 SqFt
- MLS Number: 953955
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Waves of the Emerald Coast Realty LLC
- Office Email: alina.fl.homes@gmail.com
- Listing Agent: Alina Jackson
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: 6/3/2025, 5:40:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$229,000
4000 Gulf Terrace Dr Unit 137
$2,719
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 07, 2018 | Home Sold | $106,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $205,000 | $1,811 |
| 2022 | $130,000 | $1,351 |
| 2021 | $96,000 | $1,351 |
| 2020 | $80,000 | $1,140 |
| 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.
Neighborhood
The neighbors living near this home have an average income of $33,250. The majority of Destin, FL residents have income less than $<35k annually. Residents typically live in single, no kids family. 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?
Soccer
Continuing Education Courses
Mexican League Soccer
Where do the neighbors shop?
Forever 21
Express/Express For Men
Books-a-Million
Where do the neighbors go to eat?
Dominos Pizza
Qdoba
Church's Chicken
What do the neighbors drive?
Mazda
Volkswagen
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary- Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4000 Gulf Terrace Dr Unit 137
The listing price of 4000 Gulf Terrace Dr Unit 137 property is $229,000.
The property 4000 Gulf Terrace Dr Unit 137 is a condo located in Destin, Florida, 32541.
Active Listing: 4000 Gulf Terrace Dr Unit 137 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4000 Gulf Terrace Dr Unit 137 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 $1,811 (source: MLS/based on county public records data).
The last sale was on December 7, 2018 for $106,500 (source: MLS/tax record).
The property at 4000 Gulf Terrace Dr Unit 137 has 1 bedroom and 1 bathroom.
The property 4000 Gulf Terrace Dr Unit 137 is 738 SqFt (source: MLS/tax record).
The year of construction for 4000 Gulf Terrace Dr Unit 137 is 1973.
This home is located at 4000 Gulf Terrace Dr Unit 137 in Destin, FL and zip code 32541. This 738 square foot home was built in 1973. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 5, 2024 and is currently priced at $229,000.
In May 2025 more than 5 listings in Destin, FL were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 38 were sold below. The number of listings in Destin, FL increased by 7.2% between April and May 2025. While the average time on the market in May 2025 was 113 days, the median list price was $601,100.
From Rocket Homes Real Estate and based on county public records data.