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4000 Gulf Terrace Dr Unit 281, Destin, FL, 32541

$265,000

Home List Price

$3,147*

Closing Credit

2 Bedrooms
2 Full Baths
982 SqFt
$270/SqFt
Condo

Location

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4000 Gulf Terrace Dr Unit 281, Destin$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1973
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontLake Front
ViewLake
MLS #959584
StatusActive

About 4000 Gulf Terrace Dr Unit 281

NO RENTAL RESTRICTIONS! Destin 2BR 2BA Condominium + Laundry Room with lake view on the second floor. Large Living Room and the two bathrooms are rare find in the complex. Tile floors throughout. The condo is rented long term for $2300/ month, which brings a gross income of $27,600 / year AS IS. New SS Slide in Stove, New Dishwasher. Washer and Dryer Convey. The HOA fee covers Building Insurance & Exterior, water, internet, sewer, trash, landscaping, all pools maintenance and gates. The complex offers gated entrances from HWY 98 and from Airport Rd, access to 3 swimming pools, tennis/pickleball court, clubhouse for owners. Destin is renowned for its stunning beaches, vibrant community, water sports, boating, shopping and dining. Text agent for showing appointment

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1973
  • Living Area: 982 SqFt

Listing Office:

  • Office Name: Waves of the Emerald Coast Realty LLC
  • Office Email: alina.fl.homes@gmail.com
  • Listing Agent: Alina Jackson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Electric Oven, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Pantry, Shelving, Washer/Dryer Hookups, Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Lake
  • Exterior: BBQ Pit/Grill, Pool - In-Ground, Sprinkler System, Tennis Court

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Across the street from Sundestin. From Hwy-98, turn North on Gulf Terrace Drive, next to Waffle House. Building 26. Gated Community

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $270/SqFt

HOA Fees:

  • Amount: $627
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $736
  • 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

$633.2K

Med. Price/SqFt

$384

Avg. Days On Market

63

# of Sold Homes

35

4000 Gulf Terrace Dr Unit 281 vs Destin

58 DAYS ON ROCKET

-5 Days

$265,000

-$368.2K Less

$270/SqFt

-$114 Less

KEY TAKEAWAY

This property is $368.2K less than the Median Sold Price and $114/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: #959584

Listing Office:

  • Office Name: Waves of the Emerald Coast Realty LLC
  • Office Email: alina.fl.homes@gmail.com
  • Listing Agent: Alina Jackson

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, 3:20:56 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

Aug 19, 2013Home Sold
$76,707
Apr 25, 2003Home Sold
$78,000

Tax History

YEARPROP. TAXASSESSMENT
2020$736$83,848
2018$651$75,767
2017$627$73,000

History based on county public records data.

Payment Calculator

$2,017

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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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-757005
7
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.72 miles

  • Public District Grades PK-4

school-card-donut-757006
9
/10

  • Eglin Elementary School

  • 200 Gaffney Rd

  • 7.23 miles

  • Public District Grades KG-4

school-card-donut-757007
10
/10

  • Bluewater Elementary School

  • 4545 Range Rd

  • 7.66 miles

  • Public District Grades KG-5

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 most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4000 Gulf Terrace Dr Unit 281

What is the listing price of this property?

The listing price of 4000 Gulf Terrace Dr Unit 281 property is $265,000.

What type of property is this?

The property 4000 Gulf Terrace Dr Unit 281 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4000 Gulf Terrace Dr Unit 281 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 $736 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 19, 2013 for $76,707. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4000 Gulf Terrace Dr Unit 281 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4000 Gulf Terrace Dr Unit 281 is 982 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4000 Gulf Terrace Dr Unit 281 is 1973.

Rocket Homes›Florida›Okaloosa County›Destin›32541›4000 Gulf Terrace Dr Unit 281

This home is located at 4000 Gulf Terrace Dr Unit 281 in Destin, FL and zip code 32541. This 982 square foot home was built in 1973. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $265,000.

In October 2024 more than 0 listings in Destin, FL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 32 were sold below. The number of listings in Destin, FL increased by 4.8% between September 2024 and October 2024. In October 2024 median list price was $633,205 and the average listing age was 63 days.

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

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