5 months on rocket

4000 Gulf Terrace Dr Unit 101, Destin, FL, 32541

$210,000

Home List Price

$2,494*

Closing Credit

1 Bedroom
1 Full Bath
873 SqFt
$241/SqFt
Condo
Schools Nearby

Location

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4000 Gulf Terrace Dr Unit 101, Destin$210,000

Buyer Closing Credits

$2,494*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1973
HeatingCentral
CoolingCentral Air
WaterfrontLake Front
ViewLake
MLS #937484
StatusActive

About 4000 Gulf Terrace Dr Unit 101

Gated Gulf Terrace community. WATERFRONT Quail Lake condo - the 1st condo in the 1st building. First-floor end unit at the edge of the campus. Privacy is superb and the lake view just a few paces down the slope is peaceful and rare in this price range! All Furniture and appliances convey. Great opportunity for Investors or Owners. Rental ready. Solid Tile floors throughout with bathroom counters/marble and mirrored cabinet. Tiled patio lakeside. Great laundry room and close to main swimming pool and tennis courts. Well-managed Condo Association has made many improvements in recent years. Parking spots right off the backside of building - with access on left or right side of Building #1. On-site maintenance and Association building just steps away. Extra parking available.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1973
  • Living Area: 873 SqFt

Listing Office:

  • Office Name: www.HomeZu.com
  • Listing Agent: Jason P Saphire

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Refrigerator, Electric Oven, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Lake
  • Exterior: BBQ Pit/Grill

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: Highway 98 to Gulf Terrace Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $210,000
  • Price Per SqFt: $241/SqFt

HOA Fees:

  • Amount: $498
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,000
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$658.1K

Med. Price/SqFt

$408

Avg. Days On Market

85

# of Sold Homes

48

4000 Gulf Terrace Dr Unit 101 vs Destin

164 DAYS ON ROCKET

+79 Days

$210,000

-$448.1K Less

$241/SqFt

-$167 Less

KEY TAKEAWAY

This property is $448.1K less than the Median Sold Price and $167/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: #937484

Listing Office:

  • Office Name: www.HomeZu.com
  • Listing Agent: Jason P Saphire

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: 5/12/2024, 7:20:39 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 01, 2021Home Sold
$170,000
Dec 04, 2017Home Sold
$95,000
May 07, 2007Home Sold
$96,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,000$80,000
2018$847$66,000
2017$784$60,000

History based on county public records data.

Payment Calculator

$1,614

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$696

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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-10679726
8
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.77 miles

  • Public District Grades PK-4

Middle School

school-card-donut-10679727
7
/10
  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 2.74 miles

  • Public District Grades 5-8

school-card-donut-10679728
10
/10
  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 8.23 miles

  • Public District Grades 3-8

High School

school-card-donut-10679729
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. Typical income of Destin, FL residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4000 Gulf Terrace Dr Unit 101

What is the listing price of this property?

The listing price of 4000 Gulf Terrace Dr Unit 101 property is $210,000.

What type of property is this?

The property 4000 Gulf Terrace Dr Unit 101 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4000 Gulf Terrace Dr Unit 101 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 101 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 $1,000 (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 1, 2021 for $170,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4000 Gulf Terrace Dr Unit 101 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 4000 Gulf Terrace Dr Unit 101 is 873 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4000 Gulf Terrace Dr Unit 101 is 1973.

Rocket HomesFloridaOkaloosa CountyDestin325414000 Gulf Terrace Dr Unit 101

This home is located at 4000 Gulf Terrace Dr Unit 101 in Destin, FL and zip code 32541. This 873 square foot home was built in 1973. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 30, 2023 and is currently priced at $210,000.

Over 7 listings were sold over their listed price in April 2024 in Destin, FL. In the same period over 34 listings were sold below the listed price and 7 listings were sold for the listed price. The number of homes for sale in Destin, FL increased by 5.2% between March 2024 and April 2024. While the average time on the market in April 2024 was 85 days, the median list price was $658,185.

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

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