3 months on rocket

4000 Gulf Terrace Dr Unit 2003, Destin, FL, 32541

$239,900

Home List Price

$2,849*

Closing Credit

1 Bedroom
1 Full Bath
738 SqFt
$325/SqFt
Condo

Location

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4000 Gulf Terrace Dr Unit 2003, Destin$239,900

Buyer Closing Credits

$2,849*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built1973
HeatingCentral
CoolingCentral Air
MLS #955357
StatusActive

About 4000 Gulf Terrace Dr Unit 2003

Dont miss your chance to own this beautifully renovated condo! Whether youre looking for a primary residence, vacation home, or a short- or long-term rental, this units location and amenities make it a must-see. The condo features new luxury vinyl waterproof flooring and fresh paint throughout. The kitchen has been fully transformed with quartz countertops, new cabinets, stainless steel appliances, and a large modern sink. Natural light floods the kitchen, dining, and living areas through large glass doors that lead to the balcony. These doors are being replaced with brand new impact doors within the next two weeks. During the season, you can enjoy weekly fireworks from the balcony. The bathroom has also undergone a full makeover with a new soaker tub with surround, modern finishes, a new vanity, and toilet. The HVAC system was replaced in May 2024. A brand new washer and dryer can be included with the purchase. This condo is move-in ready! Gulf Terrace Condominiums is conveniently located just off Highway 98/Emerald Coast Parkway in the heart of Destin, between The Track and Big Kahunas. Unit 2003 is just steps from Shakes and less than half a mile from Starbucks, Chick-fil-A, shopping, restaurants, and attractions. Amenities include three pools for your enjoyment and relaxation, two gazebos, and opportunities for catch-and-release fishing at Lake Aladdin. There are several barbecue grills and tables around the property for residents and guests to use. Gulf Terrace also features a communal clubhouse for various activities and tennis/pickleball courts open year-round near the east pool. Laundry facilities are located on-site, and boat trailer parking is available on a temporary basis. HOA fees cover internet, water, trash, and property maintenance. The Gulf Terrace Condominiums property management team is on-site, providing dedicated service to owners and guests.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1973
  • Living Area: 738 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (850) 897-4563
  • Listing Agent: Amelia K Garrett, Taylor Labno

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Ice Maker, Range, Electric Oven, Washer
  • Flooring Type: Vinyl
  • Interior: Breakfast Bar, Newly Painted, Pantry, Renovated, Washer/Dryer Hookups, Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Turn north at Waffle House and Shakes. Enter through the gate. Building 19 straight ahead to the left. Condo is upstairs.

Price Information

Listing Price Info

Price Summary:

  • List Price: $239,900
  • Price Per SqFt: $325/SqFt

HOA Fees:

  • Amount: $523
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $526
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$633.2K

Med. Price/SqFt

$384

Avg. Days On Market

63

# of Sold Homes

35

4000 Gulf Terrace Dr Unit 2003 vs Destin

118 DAYS ON ROCKET

+55 Days

$239,900

-$393.3K Less

$325/SqFt

-$59 Less

KEY TAKEAWAY

This property is $393.3K less than the Median Sold Price and $59/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: #955357

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (850) 897-4563
  • Listing Agent: Amelia K Garrett, Taylor Labno

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: 11/18/2024, 1:20:56 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 09, 2014Home Sold
$72,500
Apr 05, 2013Home Sold
$51,000
Oct 09, 2002Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2020$526$80,000
2018$821$63,888
2017$765$59,000

History based on county public records data.

Payment Calculator

$1,788

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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NMLS#3030

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-752486
7
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.72 miles

  • Public District Grades PK-4

school-card-donut-752487
9
/10
  • Eglin Elementary School

  • 200 Gaffney Rd

  • 7.23 miles

  • Public District Grades KG-4

school-card-donut-752488
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 2003

What is the listing price of this property?

The listing price of 4000 Gulf Terrace Dr Unit 2003 property is $239,900.

What type of property is this?

The property 4000 Gulf Terrace Dr Unit 2003 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4000 Gulf Terrace Dr Unit 2003 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 $526 (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 9, 2014 for $72,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4000 Gulf Terrace Dr Unit 2003 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 4000 Gulf Terrace Dr Unit 2003 is 738 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4000 Gulf Terrace Dr Unit 2003 is 1973.

Rocket HomesFloridaOkaloosa CountyDestin325414000 Gulf Terrace Dr Unit 2003

This home is located at 4000 Gulf Terrace Dr Unit 2003 in Destin, FL and zip code 32541. This 738 square foot home was built in 1973. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $239,900.

While more than 0 listings in Destin, FL in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 32 were sold below. Between September 2024 and October 2024, Destin, FL real estate market has seen increase in the number of listings by 4.8%. Listings spent 63 days on the market in October 2024, and had a median list price of $633,205 during the same period.

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

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