$2,849 Closing Credit¹
#974286, Shelley R Elley, Listing Office: Coldwell Banker Realty
$239,900 List price
4000 Gulf Terrace Dr Unit 296 Destin, FL 32541
$2,849
Closing credit¹
1 bed
2 full
738 sqft
$325 / sqft
Condo
Property details
About 4000 Gulf Terrace Dr Unit 296
Situated in the highly desirable 4000 Gulf Terrace community, this fully furnished condo features 1 bedroom, a bonus room with a futon, and 2 bathrooms—an ideal opportunity for your short or long term rental portfolio. Located in a gated community, guests will enjoy access to 3 swimming pools, tennis courts, and a tranquil lake. The condos prime location places it just minutes from Destins stunning beaches, Big Kahunas Waterpark, and popular local restaurants. With its modern interior, recent upgrades, and a proven history of strong rental income, this property is ready to start generating returns immediately. Dont miss out on this exceptional investment opportunity in one of Floridas premier vacation destinations!
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size738 sqft
Year built1973
MLS #965960
FireplaceFireplace
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Electric Oven, Washer
- Interior: Built-in Bookshelves, Fireplace, Renovated
- Fireplace: Fireplace
- Total Bedroom Count: 1
- Private Pool: No
- Exterior: Fireplace, Pool - Heated, Pool - In-Ground, Renovated, Sprinkler System, Tennis Court
- Architectural Style: N/A
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- List Price: $239,900
- Price/SqFt: $325
- HOA Amount: $523
- HOA Frequency: Monthly
- Annual Tax Amount: $2,047
- Tax Year: 2023
- Directions: Hwy 98 between Chick-fil-a and Shakes. Unit 296 is located in Building 17 near the gate on the right side.
- Year Built: 1973
- Living Area: 738 SqFt
- MLS Number: 965960
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Acasa Realty LLC
- Office Email: simonaghile@gmail.com
- Listing Agent: Simona M Ghile
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: 4/29/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$239,900
4000 Gulf Terrace Dr Unit 296
$2,849
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 15, 2021 | Home Sold | $220,000 |
| Aug 08, 2018 | Home Sold | $111,000 |
| May 01, 2007 | Home Sold | $127,000 |
| Nov 17, 2003 | Home Sold | $80,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $205,000 | $2,047 |
| 2022 | $130,000 | $1,566 |
| 2021 | $93,500 | $1,566 |
| 2020 | $80,000 | $1,125 |
| 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. Most Destin, FL residents have annual incomes less than $<35k. Most families are single, no kids. The majority of 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?
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 296
The listing price of 4000 Gulf Terrace Dr Unit 296 property is $239,900.
The property 4000 Gulf Terrace Dr Unit 296 is a condo located in Destin, Florida, 32541.
Active Listing: 4000 Gulf Terrace Dr Unit 296 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4000 Gulf Terrace Dr Unit 296 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 $2,047 (source: MLS/based on county public records data).
The last sale was on December 15, 2021 for $220,000 (source: MLS/tax record).
The property at 4000 Gulf Terrace Dr Unit 296 has 1 bedroom and 2 bathrooms.
The property 4000 Gulf Terrace Dr Unit 296 is 738 SqFt (source: MLS/tax record).
The year of construction for 4000 Gulf Terrace Dr Unit 296 is 1973.
This home is located at 4000 Gulf Terrace Dr Unit 296 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 January 9, 2025 and is currently priced at $239,900.
In March 2025, from all listings sold in Destin, FL there were more than 1 sold above asking price, over 56 sold below and more than 8 were sold right at the asked price. The number of listings in Destin, FL increased by 15.8% between February and March 2025. 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.