4000 Gulf Terrace Dr Unit 204, Destin, FL, 32541

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4000 Gulf Terrace Dr Unit 204, Destin$199,900

Buyer Closing Credits

$2,374^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

Year Built1974

HeatingCentral

CoolingCeiling Fan(s), Central Air

MLS #960922

StatusActive

About 4000 Gulf Terrace Dr Unit 204

This charming multi-family property located at 4000 Gulf Terrace Dr, Destin, FL was built in 1973. Gulf Terrace is in a prime location with its proximity to local attractions. The cozy unit features 1 large bedroom and 1 bathroom with a finished area of 830 sq.ft. This home is currently a short term rental with revenue of over 30k annually. This home offers a tranquil setting perfect for relaxation with a prime location and two new pools.

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Property Details

Property Features

Property Information:

• Architectural Style: N/A
• Year Built: 1974
• Living Area: 830 SqFt

Listing Office:

• Office Name: Savvy Avenue LLC
• Office Email: moe@remoe.com
• Listing Agent: Moe Mossa

Interior Features

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 1

Exterior Features

Exterior Information:

• Private Pool: No

Utilities

Utilities Information:

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

Other

Directions Information:

• Directions: North on Airport Road from Hwy 98 to Gulf Terrace entrance. Behind tennis courts in building 1.

Price Information

Listing Price Info

Price Summary:

• List Price: $199,900
• Price Per SqFt: $241/SqFt

HOA Fees:

• Amount: $304
• Frequency: Monthly

Tax Information:

• Annual Amount: $984
• 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

$627.3K

Med. Price/SqFt

$380

Avg. Days On Market

117

# of Sold Homes

36

4000 Gulf Terrace Dr Unit 204 vs Destin

68 DAYS ON ROCKET

-49 Days

$199,900

-$427.4K Less

$241/SqFt

-$139 Less

KEY TAKEAWAY

This property is $427.4K less than the Median Sold Price and $139/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: #960922

Listing Office:

• Office Name: Savvy Avenue LLC
• Office Email: moe@remoe.com
• Listing Agent: Moe Mossa

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, 7:21:09 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
Jan 17, 2020	Jan 17, 2020Home Sold	$98,000
Dec 06, 2016	Dec 06, 2016Home Sold	$68,000
Jun 29, 2004	Jun 29, 2004Home Sold	$130,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$984	$80,000
2018	$821	$64,000
2017	$771	$59,000

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Okaloosa County›Destin›32541›4000 Gulf Terrace Dr Unit 204

This home is located at 4000 Gulf Terrace Dr Unit 204 in Destin, FL and zip code 32541. This 830 square foot home was built in 1974. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $199,900.

Destin, FL housing market in November 2024 saw over 0 listings sold above listed price, more than 4 sold at listed price and over 31 sold below. The inventory of homes for sale in Destin, FL between October 2024 and November 2024 increased by 4.6%. In November 2024, listings were on the market for 117 days. During the same period, the median list price in this real estate market was $627,355.

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