11 days on rocket

4000 Gulf Terrace Dr Unit 150, Destin, FL, 32541

$285,000

Home List Price

$3,384*

Closing Credit

2 Bedrooms
1 Full Bath
982 SqFt
$290/SqFt
Condo
Schools Nearby

Location

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4000 Gulf Terrace Dr Unit 150, Destin$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1973
HeatingCentral
CoolingCentral Air
WaterfrontOther, Lake Front
ViewLake
MLS #947941
StatusActive

About 4000 Gulf Terrace Dr Unit 150

Discover your perfect vacation retreat and/OR Investment! This fully-furnished 2-bedroom, 1-bathroom condo offers serene lake views from its private patio. This unit features a spacious living area, a well-equipped kitchen, and a dining space. Enjoy the convenience of a washer and dryer inside the unit. With an average vacation rental income of $40k/year, this investment opportunity is a gem. Located in a gated neighboring the Emerald Coast beaches, shopping, dining, and attractions like The Track and Big Kahunas. Pet-friendly with a strong Airbnb history of short rentals. Community amenities include 3 pools, tennis courts, clubhouse, BBQ grills, and picnic areas. On-site maintenance and laundry facilities, plus bike racks and parking for boats, golf carts, and RVs.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: The Property Group 850 Inc
  • Office Email: thepropertygroupbroker@gmail.com
  • Listing Agent: Candace M Floyd

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Electric Oven, Washer
  • Flooring Type: Tile, Carpet
  • Interior: Breakfast Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Other, Lake Front
  • View: Lake
  • Exterior: Patio Covered

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: Across the street from Sundestin Beach Resort on north side of Highway 98. Once in the complex, stay to your right and straight ahead to Building 13. Unit is on the first floor.

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $290/SqFt

HOA Fees:

  • Amount: $598
  • 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.

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Destin, FL

City

Med. Sold Price

$658.1K

Med. Price/SqFt

$408

Avg. Days On Market

85

# of Sold Homes

48

4000 Gulf Terrace Dr Unit 150 vs Destin

11 DAYS ON ROCKET

-74 Days

$285,000

-$373.1K Less

$290/SqFt

-$118 Less

KEY TAKEAWAY

This property is $373.1K less than the Median Sold Price and $118/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: #947941

Listing Office:

  • Office Name: The Property Group 850 Inc
  • Office Email: thepropertygroupbroker@gmail.com
  • Listing Agent: Candace M Floyd

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: 5/3/2024, 10:20:41 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 19, 2020Home Sold
$128,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,126$90,000
2018$988$77,000
2017$954$73,000

History based on county public records data.

Payment Calculator

$2,088

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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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-5264497
8
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.77 miles

  • Public District Grades PK-4

Middle School

school-card-donut-5264498
7
/10

  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 2.74 miles

  • Public District Grades 5-8

school-card-donut-5264499
10
/10

  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 8.23 miles

  • Public District Grades 3-8

High School

school-card-donut-5264500
6
/10

  • Fort Walton Beach High School

  • 400 Hollywood Blvd SW

  • 10.50 miles

  • Public District Grades 9-12

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. The most common type of family is single, no kids. 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 150

What is the listing price of this property?

The listing price of 4000 Gulf Terrace Dr Unit 150 property is $285,000.

What type of property is this?

The property 4000 Gulf Terrace Dr Unit 150 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4000 Gulf Terrace Dr Unit 150 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 150 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 19, 2020 for $128,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4000 Gulf Terrace Dr Unit 150 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4000 Gulf Terrace Dr Unit 150 is 982 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4000 Gulf Terrace Dr Unit 150 is 1973.

Rocket Homes›Florida›Okaloosa County›Destin›32541›4000 Gulf Terrace Dr Unit 150

This home is located at 4000 Gulf Terrace Dr Unit 150 in Destin, FL and zip code 32541. This 982 square foot home was built in 1973. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $285,000.

In April 2024 more than 7 listings in Destin, FL were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 34 were sold below. Between March 2024 and April 2024, Destin, FL real estate market has seen increase in the number of listings by 5.2%. 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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