$2,849 Closing Credit¹
#965960, Simona M Ghile, Listing Office: Acasa Realty LLC
$295,000 List price
4000 Gulf Terrace Dr Unit 228 Destin, FL 32541
$3,503
Closing credit¹
1 bed
2 full
738 sqft
$400 / sqft
Condo
Property details
About 4000 Gulf Terrace Dr Unit 228
Vacation Rental for Sale! Destin Condo Turn-Key 1 BR 2 BA + Loft + Balcony. Introducing a slice of paradise in the form of this meticulously renovated condo in the prestigious Gulf Terrace Complex—your ultimate sanctuary for relaxation or rental investment. This impressive property features a master bedroom complete with a private bath offering a luxurious tub/shower combo, along with a Bunk Room that boasts its own full-sized bath with a modern shower. Perfectly adaptable, the unit can be rented as 2 bedrooms, providing exceptional flexibility for owners and guests alike. Gated Community in Central Location positioned just 0.8 miles from beach access and to a variety of restaurants, shopping, and entertainment options. Tourists Love this location! Every element of this home exudes contemporary coastal flair, with high quality tile floors, sleek modern bathrooms, stylish furniture, and stainless steel appliances, including a newly installed dishwasher. Resort-like Amenities: Relax in any of the 3 sparkling swimming pools, enjoy the tranquil lake, or get active on the tennis/pickleball courts. The homeowners club house is perfect for social gatherings and events. Pet Friendly: Fur babies are welcome! Versatile Use: Ideal as a primary residence, second home, or vacation rental. Keep in mind that current owner usage during major holidays is not included in rental earnings, providing potential increased revenue for buyers. All measurements and details are approximate and should be verified by the buyer. For rental income contact listing agent.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size738 sqft
Year built1973
MLS #972238
WaterfrontLake Front
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Ice Maker, Electric Oven
- Interior: Recessed Lighting, Owners Closet, Pantry
- Total Bedroom Count: 1
- Private Pool: No
- Waterfront: Lake Front
- Exterior: Balcony, BBQ Pit/Grill
- Architectural Style: N/A
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- List Price: $295,000
- Price/SqFt: $399
- HOA Amount: $600
- HOA Frequency: Monthly
- Annual Tax Amount: $2,417
- Tax Year: 2023
- Directions: Across the street from Sundestin. From Hwy-98, turn North on Gulf Terrace Drive, next to Waffle House. Pass entrance gate, turn right, building 7.
- Year Built: 1973
- Living Area: 738 SqFt
- MLS Number: 972238
- 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: 4/28/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$295,000
4000 Gulf Terrace Dr Unit 228
$3,503
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 04, 2021 | Home Sold | $229,000 |
| Mar 07, 2008 | Home Sold | $65,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $205,000 | $2,417 |
| 2022 | $182,000 | $2,193 |
| 2021 | $93,500 | $2,193 |
| 2020 | $80,000 | $1,106 |
| 2018 | $63,888 | $821 |
| 2017 | $59,000 | $765 |
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. Typical income of Destin, FL residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents 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 228
The listing price of 4000 Gulf Terrace Dr Unit 228 property is $295,000.
The property 4000 Gulf Terrace Dr Unit 228 is a condo located in Destin, Florida, 32541.
Active Listing: 4000 Gulf Terrace Dr Unit 228 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4000 Gulf Terrace Dr Unit 228 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 $2,417 (source: MLS/based on county public records data).
The last sale was on November 4, 2021 for $229,000 (source: MLS/tax record).
The property at 4000 Gulf Terrace Dr Unit 228 has 1 bedroom and 2 bathrooms.
The property 4000 Gulf Terrace Dr Unit 228 is 738 SqFt (source: MLS/tax record).
The year of construction for 4000 Gulf Terrace Dr Unit 228 is 1973.
This home is located at 4000 Gulf Terrace Dr Unit 228 in Destin, FL and zip code 32541. This 738 square foot home was built in 1973. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $295,000.
Over 1 listings were sold over their listed price in March 2025 in Destin, FL. In the same period over 56 listings were sold below the listed price and 8 listings were sold for the listed price. In March 2025 in Destin, FL there were 15.8% more homes for sale than in February. While the average time on the market in March 2025 was 122 days, the median list price was $615,000.
From Rocket Homes Real Estate and based on county public records data.