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4000 Gulf Terrace Dr Unit 287, Destin, FL, 32541

$184,900

Home List Price

$2,196*

Closing Credit

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

Location

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4000 Gulf Terrace Dr Unit 287, Destin$184,900

Buyer Closing Credits

$2,196*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1973
HeatingCentral
CoolingCentral Air
MLS #962485
StatusActive

About 4000 Gulf Terrace Dr Unit 287

LOWEST PRICED CONDO IN DESTIN!! Rental projections reaching up to $25K, this fully furnished, rental-ready condo is ideally situated in the heart of Destin. It features travertine tile flooring throughout, granite countertops, & a fully equipped kitchen w/ all the essentials. Enjoy the added convenience of your own washer/dryer & relax on your queen mattress after a day of fun in the sun. Gulf Terrace is a gated community that offers a wealth of amenities for a memorable vacation experience. Take a refreshing swim in one of the three pools, enjoy a game of tennis on the courts, or fire up one of the grills for a delicious dinner. The complex also includes a 20-acre freshwater fishing lake,ideal for a relaxing day of fishing. Centrally located, this condo provides easy access to all that Destin has to offer, including the beautiful beaches of the Emerald Coast, a diverse array of restaurants, entertainment, & shopping. Buyer to verify all information for accuracy. Check out the Property Website: https://sites.awp.media/4000_gulf_terrace_dr-2177?branding=false

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Nicole H Poole, Emerald Coast Group

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Electric Oven, Washer
  • Flooring Type: Tile
  • Interior: 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: From HWY 98: Main entrance is located near Waffle house and old Chick-fil-A by Big Kahunas. Turn North on Gulf Terrace Drive. Make the first left, last building on the right #27. You can also access the complex from Airport Road. Please contact Listing Agent for gate code.

Price Information

Listing Price Info

Price Summary:

  • List Price: $184,900
  • Price Per SqFt: $251/SqFt

HOA Fees:

  • Amount: $498
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,001
  • 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

$627.3K

Med. Price/SqFt

$380

Avg. Days On Market

117

# of Sold Homes

36

4000 Gulf Terrace Dr Unit 287 vs Destin

43 DAYS ON ROCKET

-74 Days

$184,900

-$442.4K Less

$251/SqFt

-$129 Less

KEY TAKEAWAY

This property is $442.4K 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: #962485

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Nicole H Poole, Emerald Coast Group

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

Aug 02, 2018Home Sold
$99,000
Jun 13, 2016Home Sold
$74,000
Nov 25, 2009Home Sold
$63,000
Aug 15, 2005Home Sold
$178,000
Apr 19, 2004Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,001$80,000
2018$821$64,000
2017$771$59,000

History based on county public records data.

Payment Calculator

$1,488

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-78122
7
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.72 miles

  • Public District Grades PK-4

school-card-donut-78123
9
/10

  • Eglin Elementary School

  • 200 Gaffney Rd

  • 7.23 miles

  • Public District Grades KG-4

school-card-donut-78124
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. Most Destin, FL residents have annual incomes less than $35k. 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 287

What is the listing price of this property?

The listing price of 4000 Gulf Terrace Dr Unit 287 property is $184,900.

What type of property is this?

The property 4000 Gulf Terrace Dr Unit 287 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4000 Gulf Terrace Dr Unit 287 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 $1,001 (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 2, 2018 for $99,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4000 Gulf Terrace Dr Unit 287 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 4000 Gulf Terrace Dr Unit 287 is 738 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4000 Gulf Terrace Dr Unit 287 is 1973.

Rocket Homes›Florida›Okaloosa County›Destin›32541›4000 Gulf Terrace Dr Unit 287

This home is located at 4000 Gulf Terrace Dr Unit 287 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 06, 2024 and is currently priced at $184,900.

In November 2024, from all listings sold in Destin, FL there were more than 0 sold above asking price, over 31 sold below and more than 4 were sold right at the asked price. The number of listings in Destin, FL increased by 4.6% between October 2024 and November 2024. Listings spent 117 days on the market in November 2024, and had a median list price of $627,355 during the same period.

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

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