$230,000

4000 Gulf Terrace Dr Unit 137 Destin, FL 32541

$2,731
Closing credit¹
1 bed
1 full
738 sqft
$312 / 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

  • 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

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: 3/15/2025, 2:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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water view

$230,000

4000 Gulf Terrace Dr Unit 137

$2,731

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 07, 2018
Home Sold
$106,500

Tax history

YearAssessmentProperty 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.

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. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

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 137

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 $230,000.

Destin, FL housing market in February 2025 saw over 1 listings sold above listed price, more than 9 sold at listed price and over 38 sold below. Between January and February 2025, Destin, FL real estate market has seen increase in the number of listings by 12.2%. In February 2025, listings were on the market for 108 days. During the same period, the median list price in this real estate market was $615,000.

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

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