3 months on rocket

4000 Gulf Terrace Dr Unit 1000, Destin, FL, 32541

$300,000

Home List Price

$3,563*

Closing Credit

2 Bedrooms
1 Full Bath
1,000 SqFt
$300/SqFt
Condo
Schools Nearby

Location

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4000 Gulf Terrace Dr Unit 1000, Destin$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1976
HeatingElectric
CoolingCeiling Fan(s), Electric
MLS #751506
StatusActive

About 4000 Gulf Terrace Dr Unit 1000

Welcome to this charming Destin condo -- only .9 miles (a 4 minute drive) to our beautiful beaches. This two bedroom, one bathroom vacation rental boasts a fully furnished space, including an open and airy kitchen...perfectly prepared and prepped for your arrival. Nestled inside a gated community, you'll enjoy access to three inviting swimming pools, a tennis court, and picturesque picnic areas with new landscaping throughout the property. Located in the heart of Destin, this condo provides a central hub for endless nearby activities, ensuring a delightful and convenient place to call home.

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 1976
  • Living Area: 1,000 SqFt

Listing Office:

  • Office Name: Blue Skies Real Estate

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
  • Flooring Type: Laminate
  • Interior: Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony, Outdoor Grill, Pool

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Fort Walton Beach High School, Public District Grades 9-12
  • Destin Middle School, Public District Grades 5-8
  • Northwest Florida Ballet Academie, Public District Grades 3-8
  • Destin Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Head west on 98, about 1.5 miles west of Destin Walmart is Gulf Terrace Drive. Turn right onto Gulf Terrace Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $300/SqFt

HOA Fees:

  • Amount: $627
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,126
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$659.6K

Med. Price/SqFt

$403

Avg. Days On Market

94

# of Sold Homes

63

4000 Gulf Terrace Dr Unit 1000 vs Destin

105 DAYS ON ROCKET

+11 Days

$300,000

-$359.6K Less

$300/SqFt

-$103 Less

KEY TAKEAWAY

This property is $359.6K less than the Median Sold Price and $103/SqFt less than other homes in Destin, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #751506

Listing Office:

  • Office Name: Blue Skies Real Estate

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© 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: 6/2/2024, 5:20:35 AM 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 12, 2020Home Sold
$115,000
Oct 02, 2014Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,126$90,000
2018$963$75,000
2017$941$72,000

History based on county public records data.

Payment Calculator

$2,192

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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.

Elementary School

school-card-donut-7068845
8
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.77 miles

  • Public District Grades PK-4

Middle School

school-card-donut-7068846
7
/10
  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 2.74 miles

  • Public District Grades 5-8

school-card-donut-7068847
10
/10
  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 8.23 miles

  • Public District Grades 3-8

High School

school-card-donut-7068848
6
/10
  • Fort Walton Beach High School

  • 400 Hollywood Blvd SW

  • 10.50 miles

  • Public District Grades 9-12

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 1000

What is the listing price of this property?

The listing price of 4000 Gulf Terrace Dr Unit 1000 property is $300,000.

What type of property is this?

The property 4000 Gulf Terrace Dr Unit 1000 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4000 Gulf Terrace Dr Unit 1000 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4000 Gulf Terrace Dr Unit 1000 are:
Destin Elementary School: GreatSchools Rating 8/10
Destin Middle School: GreatSchools Rating 7/10
Northwest Florida Ballet Academie: GreatSchools Rating 10/10
Fort Walton Beach High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,126 (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 12, 2020 for $115,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4000 Gulf Terrace Dr Unit 1000 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4000 Gulf Terrace Dr Unit 1000 is 1,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4000 Gulf Terrace Dr Unit 1000 is 1976.

Rocket HomesFloridaOkaloosa CountyDestin325414000 Gulf Terrace Dr Unit 1000

This home is located at 4000 Gulf Terrace Dr Unit 1000 in Destin, FL and zip code 32541. This 1,000 square foot home was built in 1976. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 17, 2024 and is currently priced at $300,000.

In May 2024 more than 5 listings in Destin, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 52 were sold below. The number of homes for sale in Destin, FL increased by 6.9% between April 2024 and May 2024. In May 2024, listings were on the market for 94 days. During the same period, the median list price in this real estate market was $659,666.

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

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