$263,000

4000 Gulf Terrace Dr Unit 281 Destin, FL 32541

$3,123
Closing credit¹
2 beds
2 full
982 sqft
$268 / sqft
Condo

Property details

About 4000 Gulf Terrace Dr Unit 281

NO RENTAL RESTRICTIONS! Vacant! STR Allowed! Huge Potential! Destin 2BR 2BA Condominium + Laundry Room with lake view on the second floor. Large Living Room and 2 bathrooms are rare find in the complex. Tile floors throughout. The condo was rented long term for $2300/ month AS IS. New SS Slide in Stove, New SS Refrigerator. Washer and Dryer Convey. The HOA fee covers Building Insurance & Exterior, water, internet, sewer, trash, landscaping, all pools maintenance and gates. The complex offers gated entrances from HWY 98 and from Airport Rd, access to 3 swimming pools (one heated), tennis/pickleball court, clubhouse for owners. Destin is renowned for its stunning beaches, vibrant community, water sports, boating, shopping and dining.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size982 sqft
Year built1973
MLS #959584
WaterfrontLake Front
ViewLake

Summary

  • MLS Number: 959584
  • 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: 3/14/2025, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space featuring a residential view

$263,000

4000 Gulf Terrace Dr Unit 281

$3,123

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 19, 2013
Home Sold
$76,707
Apr 25, 2003
Home Sold
$78,000

Tax history

YearAssessmentProperty Tax
2023$156,791$1,217
2022$120,574$986
2021$97,142$986
2020$83,848$842
2018$75,767$651
2017$73,000$627

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. Typical income of Destin, FL residents is less than $<35k annually. The most common type of family is single, no kids. Most residents in this area 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 281

This home is located at 4000 Gulf Terrace Dr Unit 281 in Destin, FL and zip code 32541. This 982 square foot home was built in 1973. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $263,000.

In February 2025, from all listings sold in Destin, FL there were more than 1 sold above asking price, over 38 sold below and more than 9 were sold right at the asked price. The inventory of homes for sale in Destin, FL between January and February 2025 increased 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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