2 months on rocket

4000 Gulf Terrace Dr Unit 177, Destin, FL, 32541

$277,777

Home List Price

$3,299*

Closing Credit

2 Bedrooms
1 Full Bath
1,000 SqFt
$278/SqFt
Condo

Location

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4000 Gulf Terrace Dr Unit 177, Destin$277,777

Buyer Closing Credits

$3,299*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1973
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontLake Front
ViewLake
MLS #960516
StatusActive

About 4000 Gulf Terrace Dr Unit 177

Welcome to this beautifully furnished, 2-bedroom, 1-bath lakefront condo in the sought-after Gulf Terrace community, located in the heart of Destin. This ground-floor unit boasts stunning lake views and excellent rental potential. With modern upgrades and a cozy living room, this condo comfortably sleeps six. The gated community features 3 pools, tennis courts, and a serene lake. Just a short walk to sugar-white beaches, Big Kahunas, Henderson Beach State Park, and local dining, this condo is a prime investment and vacation retreat.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1973
  • Living Area: 1,000 SqFt

Listing Office:

  • Office Name: Go Coastal Realty LLC
  • Office Email: nichole@gocoastalrealty.com
  • Listing Agent: Dustin P Belletty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Electric Oven, Washer
  • Flooring Type: Vinyl
  • Interior: Breakfast Bar, Renovated, Washer/Dryer Hookups

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Lake

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: Driving West on HWY 98, turn right on Gulf Terrace Drive. 4000 Gulf Terrace is located on the north side of Highway 98, between Chick-Fil-A and Waffle House. Go through gate bear to left and west side of complex to Bldg 25.

Price Information

Listing Price Info

Price Summary:

  • List Price: $277,777
  • Price Per SqFt: $278/SqFt

HOA Fees:

  • Amount: $627
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,126
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Destin, FL.

Med. Sold Price

$627.3K

Med. Price/SqFt

$380

Avg. Days On Market

117

# of Sold Homes

36

4000 Gulf Terrace Dr Unit 177 vs Destin

75 DAYS ON ROCKET

-42 Days

$277,777

-$349.5K Less

$278/SqFt

-$102 Less

KEY TAKEAWAY

This property is $349.5K less than the Median Sold Price and $102/SqFt less than other homes in Destin, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #960516

Listing Office:

  • Office Name: Go Coastal Realty LLC
  • Office Email: nichole@gocoastalrealty.com
  • Listing Agent: Dustin P Belletty

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 2024. 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: 12/18/2024, 8:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 21, 2021Home Sold
$207,800
May 27, 2014Home Sold
$90,000
Aug 02, 2010Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,126$90,000
2018$988$77,000
2017$954$73,000

History based on county public records data.

Payment Calculator

$2,081

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$899

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-85358
7
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.72 miles

  • Public District Grades PK-4

school-card-donut-85359
9
/10
  • Eglin Elementary School

  • 200 Gaffney Rd

  • 7.23 miles

  • Public District Grades KG-4

school-card-donut-85360
10
/10
  • Bluewater Elementary School

  • 4545 Range Rd

  • 7.66 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,250. Typical income of Destin, FL residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4000 Gulf Terrace Dr Unit 177

What is the listing price of this property?

The listing price of 4000 Gulf Terrace Dr Unit 177 property is $277,777.

What type of property is this?

The property 4000 Gulf Terrace Dr Unit 177 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4000 Gulf Terrace Dr Unit 177 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,126 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 21, 2021 for $207,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4000 Gulf Terrace Dr Unit 177 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4000 Gulf Terrace Dr Unit 177 is 1,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4000 Gulf Terrace Dr Unit 177 is 1973.

Rocket HomesFloridaOkaloosa CountyDestin325414000 Gulf Terrace Dr Unit 177

This home is located at 4000 Gulf Terrace Dr Unit 177 in Destin, FL and zip code 32541. This 1,000 square foot home was built in 1973. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $277,777.

In November 2024, from all listings sold in Destin, FL there were more than 0 sold above asking price, over 31 sold below and more than 4 were sold right at the asked price. Between October 2024 and November 2024, Destin, FL real estate market has seen increase in the number of listings by 4.6%. The median list price of listings available in November 2024 was $627,355, while the average time on the real estate market was 117 days.

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

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