4000 Gulf Terrace Drive, Unit UNIT 131 Destin, FL 32541

PRICED AT $245,000

Listing Details

  • $245,000
  • MLS# 989655
  • Type Residential - Condominium
  • Status Active
  • 1 Bedrooms
  • 1 full Bathrooms
  • 738 Square Feet
  • 1973 Year Built

Description

Profitable Short-Term Rental - No Milestone Inspections Required! Looking for an investment property that actually makes financial sense? This turnkey one-bedroom condo in Gulf Terrace generated about $35,000 in gross rental income in 2024 and is exempt from costly Milestone inspections! Located in the heart of Destin, Gulf Terrace offers an unbeatable location with 26 acres of beautifully manicured grounds, featuring three pools, two tennis courts, and a spring-fed lake for a fantastic view. This fully furnished condo comfortably accommodates up to six guests with a king bed in the master and a queen sleeper sofa in the living room. Enjoy...read more

Features

  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Smoke Detector
  • Stove/Oven Electric
  • Washer
  • Water Heater - Elect
  • Central Air
  • Floor Tile
  • Central
  • $2,369 Taxes
  • Built in 1973
View All Features

Contact the Listing Agent

Contact the Listing Agent
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/22/2026. The listing information on this page last changed on 04/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/22/2026 12:53:40 AM EST) or Pensacola MLS (last updated Wed 04/22/2026 12:13:09 AM EST) or Baldwin County MLS (last updated Wed 04/22/2026 12:51:11 AM EST) or Emerald Coast MLS (last updated Wed 04/22/2026 12:05:24 AM EST) or Navarre Area Board Of Realtors (last updated Tue 04/21/2026 11:48:00 PM EST) or Commercial Exchange (Levin Rinke) (last updated Tue 04/21/2026 7:20:15 PM EST). Real estate listings held by brokerage firms other than Levin Rinke Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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All Property Features

  • Property Type: Residential - Condominium
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Master Association, Recreational Faclty, Sewer, Water, Cable TV, Trash
  • Community Features: BBQ Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable
  • Cooling: Central Air
  • Days on Site: 158
  • Exterior: Siding Vinyl
  • Financing Terms: Conventional, FHA, VA
  • Flooring: Floor Tile
  • Heating: Central
  • HOA: Yes
  • Home Style: N/A
  • Interior: Breakfast Bar, Ceiling Crwn Molding
  • Parcel Number: 00-2S-22-1095-0131-0000
  • Patio/Porch: Patio Covered
  • Pool Features: Pool Type
  • Property Condition: Construction Complete
  • Rooms Total: 5
  • Sewer: Public Sewer
  • Special View Info: Lake
  • Sub Type: Condominium
  • Taxes: $2,369
  • Utilities: Public Water, TV Cable
  • Waterfront: Lake
  • Window: Window Treatment All
  • Year Built: 1973