18 days on rocket

4000 Gulf Terrace Dr Unit 129, Destin, FL, 32541

$277,900

Home List Price

$3,300*

Closing Credit

1 Bedroom
2 Full Baths
900 SqFt
$309/SqFt
Condo
Schools Nearby

Location

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4000 Gulf Terrace Dr Unit 129, Destin$277,900

Buyer Closing Credits

$3,300*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1976
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontLake Front
ViewLake, Water
MLS #947043
StatusActive

About 4000 Gulf Terrace Dr Unit 129

This ground-floor unit boasts a stunning water vista in the heart of Destin! Perfect as a primary residence or investment property for vacation rentals, it sits within a gated condo community. Outside, enjoy the serene water view from your back door or windows. Recreational facilities are undergoing upgrades, including three pools, one of which is heated for year-round enjoyment. With one bedroom and two full bathrooms, this unit offers ample comfort. Certain furnishings can be included with an accepted offer. Featuring LVP flooring in the living area and bedroom, this unit offers convenience with plenty of parking options. On-site amenities include a community laundry and clubhouse. Located centrally in Destin with easy access from Hwy 98 and Airport Road, its a prime location close to beaches, shopping, and dining.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1976
  • Living Area: 900 SqFt

Listing Office:

  • Office Name: Coastal Realty Services
  • Office Email: bobhudgens@coastalrealtyservices.com
  • Listing Agent: Joe J Capelotti

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Electric Oven
  • Flooring Type: Vinyl
  • Interior: Breakfast Bar, Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Lake, Water

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), 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: Heading East on HWY 98, turn left on Gulf Terrace Drive (next to Shakes Frozen Custard). Follow through Gate, take a right, follow to building 8; Unit 129 is on the first floor.

Price Information

Listing Price Info

Price Summary:

  • List Price: $277,900
  • Price Per SqFt: $309/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.

Med. Sold Price

$667.7K

Med. Price/SqFt

$416

Avg. Days On Market

82

# of Sold Homes

52

4000 Gulf Terrace Dr Unit 129 vs Destin

18 DAYS ON ROCKET

-64 Days

$277,900

-$389.8K Less

$309/SqFt

-$108 Less

KEY TAKEAWAY

This property is $389.8K less than the Median Sold Price and $108/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: #947043

Listing Office:

  • Office Name: Coastal Realty Services
  • Office Email: bobhudgens@coastalrealtyservices.com
  • Listing Agent: Joe J Capelotti

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: 4/30/2024, 8:20:24 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

Nov 04, 2020Home Sold
$125,000
Sep 03, 2019Home Sold
$95,000
May 29, 2012Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,001$80,000
2018$847$66,000
2017$784$60,000

History based on county public records data.

Payment Calculator

$1,952

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$900

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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-3599471
8
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.77 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3599472
7
/10
  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 2.74 miles

  • Public District Grades 5-8

school-card-donut-3599473
10
/10
  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 8.23 miles

  • Public District Grades 3-8

High School

school-card-donut-3599474
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. Most Destin, FL residents have annual incomes less than $35k. The most common type of family is single, no kids. Most 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 129

What is the listing price of this property?

The listing price of 4000 Gulf Terrace Dr Unit 129 property is $277,900.

What type of property is this?

The property 4000 Gulf Terrace Dr Unit 129 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4000 Gulf Terrace Dr Unit 129 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 129 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 $1,001 (source: MLS/based on county public records data).

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

The last sale was on November 4, 2020 for $125,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4000 Gulf Terrace Dr Unit 129 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 4000 Gulf Terrace Dr Unit 129 is 900 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4000 Gulf Terrace Dr Unit 129 is 1976.

Rocket HomesFloridaOkaloosa CountyDestin325414000 Gulf Terrace Dr Unit 129

This home is located at 4000 Gulf Terrace Dr Unit 129 in Destin, FL and zip code 32541. This 900 square foot home was built in 1976. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $277,900.

Over 3 listings were sold over their listed price in March 2024 in Destin, FL. In the same period over 38 listings were sold below the listed price and 11 listings were sold for the listed price. In March 2024 in Destin, FL there were 15.5% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $667,755, while the average time on the real estate market was 82 days.

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

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