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4000 Gulf Terrace Dr Unit 179, Destin, FL, 32541

$294,400

Home List Price

$3,496*

Closing Credit

2 Bedrooms
1 Full Bath
880 SqFt
$335/SqFt
Condo

Location

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4000 Gulf Terrace Dr Unit 179, Destin$294,400

Buyer Closing Credits

$3,496*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1978
HeatingCentral
CoolingCentral Air
MLS #760706
StatusActive

About 4000 Gulf Terrace Dr Unit 179

Welcome to Paradise! Beautifully renovated condo, close to the beach and sold fully furnished and equipped to start your Vacation rental journey. This place has been self managed and over the last 3 years has grossed $40k+, with this year already above that benchmark. One of the only units with FULL SIZE washer and dryer.Centrally located in the heart of Destin! Across from the beach, next to the Executive Airport, near Big Kahunas, shopping and nightlife. Amenities include 3 renovated pools, one of which is heated during the winter, clubhouse and pickleball / tennis courts, BBQ, Club House! Pacman arcade game reluctantly stays with sale. Buyer to verify all information. Bring your buyers!

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 1978
  • Living Area: 880 SqFt

Listing Office:

  • Office Name: EXP Realty LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Fort Walton Beach High School, Public District Grades 9-12
  • Destin Middle School, Public District Grades 5-8
  • Northwest Florida Ballet Academie, Public District Grades 3-8
  • Destin Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Hwy 98 W on North side, next to Chick-Fil-A. Head through gate and follow the road to the left, the unit is near the end. Building 25

Price Information

Listing Price Info

Price Summary:

  • List Price: $294,400
  • Price Per SqFt: $335/SqFt

HOA Fees:

  • Amount: $568
  • 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.

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Destin, FL

City

Med. Sold Price

$644.2K

Med. Price/SqFt

$402

Avg. Days On Market

85

# of Sold Homes

44

4000 Gulf Terrace Dr Unit 179 vs Destin

51 DAYS ON ROCKET

-34 Days

$294,400

-$349.8K Less

$335/SqFt

-$68 Less

KEY TAKEAWAY

This property is $349.8K less than the Median Sold Price and $68/SqFt less than other homes in Destin, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #760706

Listing Office:

  • Office Name: EXP Realty LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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 deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© 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: 9/21/2024, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 07, 2020Home Sold
$137,200
Mar 06, 2020Home Sold
$126,000
Feb 27, 2007Home Sold
$170,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,126$90,000
2018$963$75,000
2017$941$72,000

History based on county public records data.

Payment Calculator

$2,105

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$949

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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.

Elementary School

school-card-donut-217677
8
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.77 miles

  • Public District Grades PK-4

Middle School

school-card-donut-217678
7
/10

  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 2.74 miles

  • Public District Grades 5-8

school-card-donut-217679
10
/10

  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 8.23 miles

  • Public District Grades 3-8

High School

school-card-donut-217680
6
/10

  • Fort Walton Beach High School

  • 400 Hollywood Blvd SW

  • 10.50 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,250. Residents of Destin, FL typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4000 Gulf Terrace Dr Unit 179

What is the listing price of this property?

The listing price of 4000 Gulf Terrace Dr Unit 179 property is $294,400.

What type of property is this?

The property 4000 Gulf Terrace Dr Unit 179 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4000 Gulf Terrace Dr Unit 179 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4000 Gulf Terrace Dr Unit 179 are:
Destin Elementary School: GreatSchools Rating 8/10
Destin Middle School: GreatSchools Rating 7/10
Northwest Florida Ballet Academie: GreatSchools Rating 10/10
Fort Walton Beach High School: GreatSchools Rating 6/10

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 December 7, 2020 for $137,200. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4000 Gulf Terrace Dr Unit 179 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4000 Gulf Terrace Dr Unit 179 is 880 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4000 Gulf Terrace Dr Unit 179 is 1978.

Rocket Homes›Florida›Okaloosa County›Destin›32541›4000 Gulf Terrace Dr Unit 179

This home is located at 4000 Gulf Terrace Dr Unit 179 in Destin, FL and zip code 32541. This 880 square foot home was built in 1978. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $294,400.

Over 5 listings were sold over their listed price in August 2024 in Destin, FL. In the same period over 35 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Destin, FL between July 2024 and August 2024 increased by 8.9%. In August 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $644,200.

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

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