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4000 Gulf Terrace Dr Unit 226, Destin, FL, 32541

$185,000

Home List Price

$2,197*

Closing Credit

1 Bedroom
1 Full Bath
738 SqFt
$251/SqFt
Condo

Location

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4000 Gulf Terrace Dr Unit 226, Destin$185,000

Buyer Closing Credits

$2,197*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1973
CoolingCentral Air
MLS #962891
StatusActive

About 4000 Gulf Terrace Dr Unit 226

This is, without a doubt, one of the best values and opportunities available in ALL OF DESTIN. Located on the north side of 98 just minutes from Harbor Walk, the beach, restaurants, putt-putt, arcades, amusement parks, boat rentals, fishing, and more, the location of this complex is hard to beat. Totaling 216 units, with 2 gated entrances and modern amenities, the short term rental opportunities here are amazing! Just a few of the amenities include a large lake, tennis courts, 3 pools, a clubhouse, boat/trailer parking, and more. This is one of those deals that youll wish youd called about, so take time today to get more details on this incredible deal!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Legacy Premier Agency LLC
  • Office Email: listings@soldinfla.com
  • Listing Agent: Nathan R Lawrence

Interior Features

Interior Information:

  • Appliances: Refrigerator, Electric Oven
  • Flooring Type: Laminate, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Destin Harbor Head north toward Harbor Blvd ; Turn right onto US-98 E/Harbor Blvd; Turn left onto Gulf Terrace Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000
  • Price Per SqFt: $251/SqFt

HOA Fees:

  • Amount: $498
  • 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.

Med. Sold Price

$627.3K

Med. Price/SqFt

$380

Avg. Days On Market

117

# of Sold Homes

36

4000 Gulf Terrace Dr Unit 226 vs Destin

36 DAYS ON ROCKET

-81 Days

$185,000

-$442.3K Less

$251/SqFt

-$129 Less

KEY TAKEAWAY

This property is $442.3K less than the Median Sold Price and $129/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: #962891

Listing Office:

  • Office Name: Legacy Premier Agency LLC
  • Office Email: listings@soldinfla.com
  • Listing Agent: Nathan R Lawrence

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, 7:21:09 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 15, 2021Home Sold
$138,000
Jun 05, 2013Home Sold
$54,000

Tax History

YEARPROP. TAXASSESSMENT
2020$984$80,000
2018$821$63,888
2017$765$59,000

History based on county public records data.

Payment Calculator

$1,489

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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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-77638
7
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.72 miles

  • Public District Grades PK-4

school-card-donut-77639
9
/10
  • Eglin Elementary School

  • 200 Gaffney Rd

  • 7.23 miles

  • Public District Grades KG-4

school-card-donut-77640
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. Residents of Destin, FL typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of 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 226

What is the listing price of this property?

The listing price of 4000 Gulf Terrace Dr Unit 226 property is $185,000.

What type of property is this?

The property 4000 Gulf Terrace Dr Unit 226 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4000 Gulf Terrace Dr Unit 226 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 $984 (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 15, 2021 for $138,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4000 Gulf Terrace Dr Unit 226 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 4000 Gulf Terrace Dr Unit 226 is 738 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4000 Gulf Terrace Dr Unit 226 is 1973.

Rocket HomesFloridaOkaloosa CountyDestin325414000 Gulf Terrace Dr Unit 226

This home is located at 4000 Gulf Terrace Dr Unit 226 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 November 12, 2024 and is currently priced at $185,000.

In November 2024 more than 0 listings in Destin, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 31 were sold below. The number of homes for sale in Destin, FL increased by 4.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 117 days, the median list price was $627,355.

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

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