2 months on rocket

4000 Gulf Terrace Dr Unit 251, Destin, FL, 32541

$280,000

Home List Price

$3,325*

Closing Credit

2 Bedrooms
1 Full Bath
982 SqFt
$285/SqFt
Condo
Schools Nearby

Location

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4000 Gulf Terrace Dr Unit 251, Destin$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built1973
HeatingCentral
CoolingCentral Air
MLS #942002
StatusActive

About 4000 Gulf Terrace Dr Unit 251

ASK ABOUT SELLER FINANCING OPTIONS! AMAZING OPPORTUNITY!! Welcome to your slice of paradise in the heart of Destin! This second floor, 2 bedroom, 1 bath condo has it all whether youre looking for your own home-sweet-home or for the perfect investment property. You can have it all! This unit has recently been updated with freshly painted walls and newly installed luxury vinyl flooring, creating an ambiance of serenity and relaxation. The living room is open and spacious, even more so due to the reflection of space that the full-length mirrors offer. Enjoy an abundance of gorgeous natural light from the floor-to-ceiling double windows, and take in the fresh air on the private balcony just off the living room. The kitchen is resplendent with stainless steel appliances, modern cabinet and drawer handles, subway tile backsplash, and a marbled countertop. Because of its cozy design, you can keep the cooking set up and prep separate from your living area, or you can entertain easily over the pass-through window. With crisp white walls and ceilings, both bedrooms offer a sense of cleanliness and serenity, though the carved four-posted bed in one certainly presents a regal look. Youll find ample storage space, including a wonderful walk-in closet (unusual for most condos in this area!), and the private water closet in the jack-and-jill bathroom allows for flexibility in use of the sink, shower, and tub. Nestled in the most coveted area with an array of amenities for your enjoyment, including 3 pools, tennis courts, laundry, and BBQ areas, be prepared to be captivated by the allure of Destin living at its finest. With Destin Harbor and HarborWalk Village to the West, Henderson Beach State Park to the East, and every convenience of shopping and dining only moments away, you and your guests will feel the relaxation of home combined with the luxury of vacation, Whether youre looking for a permanent residence or an investment property with projected rental income of more than $30,000 yearly, look no further! Contact us today so we can make your dream of owning a beach home come true!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Emerald Coast Beach Homes LLC, FIV Realty Co Florida LLC
  • Office Phone: (850) 424-1148
  • Listing Agent: Jessica L Forrester, Jacklyn Riley

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Self Cleaning Oven, Range Hood, Refrigerator, Ice Maker, Range, Electric Oven, Washer
  • Flooring Type: Laminate
  • Interior: Breakfast Bar, Newly Painted, Washer/Dryer Hookups

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Pool - In-Ground, Sprinkler System, Tennis Court

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: Hwy 98 right at the Waffle House & Chick Fil A near Airport Road. Through the gate, go to the right and you will see building 13 in front of you. Unit is on the 2nd floor.

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $285/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 251 vs Destin

83 DAYS ON ROCKET

-2 Days

$280,000

-$378.1K Less

$285/SqFt

-$123 Less

KEY TAKEAWAY

This property is $378.1K less than the Median Sold Price and $123/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: #942002

Listing Office:

  • Office Name: Emerald Coast Beach Homes LLC, FIV Realty Co Florida LLC
  • Office Phone: (850) 424-1148
  • Listing Agent: Jessica L Forrester, Jacklyn Riley

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, 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

May 06, 2009Home Sold
$80,000

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

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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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-5197534
8
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.77 miles

  • Public District Grades PK-4

Middle School

school-card-donut-5197535
7
/10

  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 2.74 miles

  • Public District Grades 5-8

school-card-donut-5197536
10
/10

  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 8.23 miles

  • Public District Grades 3-8

High School

school-card-donut-5197537
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. Typical income of Destin, FL residents is less than $35k annually. Typical family type 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 251

What is the listing price of this property?

The listing price of 4000 Gulf Terrace Dr Unit 251 property is $280,000.

What type of property is this?

The property 4000 Gulf Terrace Dr Unit 251 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4000 Gulf Terrace Dr Unit 251 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 251 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 May 6, 2009 for $80,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4000 Gulf Terrace Dr Unit 251 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4000 Gulf Terrace Dr Unit 251 is 982 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4000 Gulf Terrace Dr Unit 251 is 1973.

Rocket Homes›Florida›Okaloosa County›Destin›32541›4000 Gulf Terrace Dr Unit 251

This home is located at 4000 Gulf Terrace Dr Unit 251 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 February 10, 2024 and is currently priced at $280,000.

In April 2024, from all listings sold in Destin, FL there were more than 7 sold above asking price, over 34 sold below and more than 7 were sold right at the asked price. The number of homes for sale in Destin, FL increased by 5.2% between March 2024 and April 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.

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