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

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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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1 (855) 200-2001

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.

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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.

Destin, FL

City

Med. Sold Price

$633.2K

Med. Price/SqFt

$384

Avg. Days On Market

63

# of Sold Homes

35

4000 Gulf Terrace Dr Unit 177 vs Destin

44 DAYS ON ROCKET

-19 Days

$277,777

-$355.4K Less

$278/SqFt

-$106 Less

KEY TAKEAWAY

This property is $355.4K less than the Median Sold Price and $106/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

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: 11/18/2024, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

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

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,126	$90,000
2018	$988	$77,000
2017	$954	$73,000

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Okaloosa County›Destin›32541›4000 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.

Over 0 listings were sold over their listed price in October 2024 in Destin, FL. In the same period over 32 listings were sold below the listed price and 3 listings were sold for the listed price. Between September 2024 and October 2024, Destin, FL real estate market has seen increase in the number of listings by 4.8%. The median list price of listings available in October 2024 was $633,205, while the average time on the real estate market was 63 days.

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