3 months on rocket

4000 Gulf Terrace Dr Unit 228, Destin, FL, 32541

$309,000

Home List Price

$3,669*

Closing Credit

1 Bedroom
2 Full Baths
738 SqFt
$419/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

4000 Gulf Terrace Dr Unit 228, Destin$309,000

Buyer Closing Credits

$3,669*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built1973
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontLake Front
MLS #940867
StatusActive

About 4000 Gulf Terrace Dr Unit 228

A Must See 1BR 2BA + Bunk Room + Balcony - Turn Key Ready Vacation Rental. Unit is located on the second floor is Fully Renovated with Coastal Flair, Tile Floors, Modern Bathrooms, stylish furniture and stainless steel appliances. Seller offers $3000 in concessions with the right offer. Gulf Terrace Complex is a gated community, free parking, pets are allowed and resort like amenities, 3 swimming pools, lake, tennis / pickle ball court, homeowners club house. The condominium can be used as primary residence, second home or vacation rental. Centrally located to restaurants, shopping, entertainment, beach access 0.8 miles away. All measurements are approximate and to be verified by buyer. All information to be verified by buyer.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Waves of the Emerald Coast Realty LLC
  • Office Email: alina.fl.homes@gmail.com
  • Listing Agent: Alina Jackson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Ice Maker, Electric Oven
  • Flooring Type: Tile
  • Interior: Recessed Lighting, Newly Painted, Owners Closet, Pantry, Renovated, Paneled Walls, Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

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

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: Across the street from Sundestin. From Hwy-98, turn North on Gulf Terrace Drive, next to Waffle House. Pass entrance gate, turn right, building 7.

Price Information

Listing Price Info

Price Summary:

  • List Price: $309,000
  • Price Per SqFt: $419/SqFt

HOA Fees:

  • Amount: $498
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $984
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

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 228 vs Destin

98 DAYS ON ROCKET

+13 Days

$309,000

-$349.1K Less

$419/SqFt

+$11 More

KEY TAKEAWAY

This property is $349.1K less than the Median Sold Price and $11/SqFt more 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: #940867

Listing Office:

  • Office Name: Waves of the Emerald Coast Realty LLC
  • Office Email: alina.fl.homes@gmail.com
  • Listing Agent: Alina Jackson

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, 1:20:40 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

Mar 07, 2008Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2020$984$80,000
2018$821$63,888
2017$765$59,000

History based on county public records data.

Payment Calculator

$2,108

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$993

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-5346443
8
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.77 miles

  • Public District Grades PK-4

Middle School

school-card-donut-5346444
7
/10
  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 2.74 miles

  • Public District Grades 5-8

school-card-donut-5346445
10
/10
  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 8.23 miles

  • Public District Grades 3-8

High School

school-card-donut-5346446
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. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4000 Gulf Terrace Dr Unit 228

What is the listing price of this property?

The listing price of 4000 Gulf Terrace Dr Unit 228 property is $309,000.

What type of property is this?

The property 4000 Gulf Terrace Dr Unit 228 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4000 Gulf Terrace Dr Unit 228 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 228 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 $984 (source: MLS/based on county public records data).

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

The last sale was on March 7, 2008 for $65,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4000 Gulf Terrace Dr Unit 228 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 4000 Gulf Terrace Dr Unit 228 is 738 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4000 Gulf Terrace Dr Unit 228 is 1973.

Rocket HomesFloridaOkaloosa CountyDestin325414000 Gulf Terrace Dr Unit 228

This home is located at 4000 Gulf Terrace Dr Unit 228 in Destin, FL and zip code 32541. This 738 square foot home was built in 1973. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $309,000.

Destin, FL housing market in April 2024 saw over 7 listings sold above listed price, more than 7 sold at listed price and over 34 sold below. In April 2024 in Destin, FL there were 5.2% more homes for sale than in March 2024. Listings spent 85 days on the market in April 2024, and had a median list price of $658,185 during the same period.

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

More Resources