4 months on rocket

4000 Gulf Terrace Dr Unit 257, Destin, FL, 32541

$248,900

Home List Price

$2,956*

Closing Credit

2 Bedrooms
1 Full Bath
950 SqFt
$262/SqFt
Condo
Schools Nearby

Location

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4000 Gulf Terrace Dr Unit 257, Destin$248,900

Buyer Closing Credits

$2,956*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1974
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontLake Front
MLS #938793
StatusActive

About 4000 Gulf Terrace Dr Unit 257

Are you looking for a great investment opportunity in the heart of Destin? Check out this affordable condo in beautiful Destin Florida. Located in the Gulf Terrace Condominium complex, this upstairs unit has a lovely view of the lake. As you enter the front door you are welcomed into the spacious living room which flows into the kitchen. The tile was recently replaced in the bathroom and the a/c and hot water heater were also replaced in 2021. This unit has washer/dryer hookups. Imagine sitting on your balcony enjoying a cup of coffee or a cold beverage while watching the wildlife in the lake below. The complex is located in a gated community and features, 3 community pools, tennis courts, a club house, picnic areas, BBQ grills, RV & boat storage, bike racks, and a lake for fishing.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1974
  • Living Area: 950 SqFt

Listing Office:

  • Office Name: ERA American Real Estate
  • Office Email: linde.bowman@era-american.com
  • Listing Agent: Bonnie A Seals

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Ice Maker, Electric Oven, Washer
  • Flooring Type: Laminate, Tile, Carpet
  • Interior: Washer/Dryer Hookups

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • Exterior: Deck Covered

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: From Hwy 98. Across the street from Sundestin. On the north side of Hwy 98 between Chick-Fil-A and Waffle House turn north onto Gulf Terrace Dr. Unit is located upstairs in building #15.

Price Information

Listing Price Info

Price Summary:

  • List Price: $248,900
  • Price Per SqFt: $262/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 257 vs Destin

132 DAYS ON ROCKET

+47 Days

$248,900

-$409.2K Less

$262/SqFt

-$146 Less

KEY TAKEAWAY

This property is $409.2K less than the Median Sold Price and $146/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: #938793

Listing Office:

  • Office Name: ERA American Real Estate
  • Office Email: linde.bowman@era-american.com
  • Listing Agent: Bonnie A Seals

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, 12:50:39 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

Sep 24, 2019Home Sold
$115,000
May 14, 2015Home Sold
$82,571
Apr 29, 2013Home Sold
$71,800

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

$1,908

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$813

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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-5182494
8
/10

  • Destin Elementary School

  • 630 Kelly St

  • 1.77 miles

  • Public District Grades PK-4

Middle School

school-card-donut-5182495
7
/10

  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 2.74 miles

  • Public District Grades 5-8

school-card-donut-5182496
10
/10

  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 8.23 miles

  • Public District Grades 3-8

High School

school-card-donut-5182497
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 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 257

What is the listing price of this property?

The listing price of 4000 Gulf Terrace Dr Unit 257 property is $248,900.

What type of property is this?

The property 4000 Gulf Terrace Dr Unit 257 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4000 Gulf Terrace Dr Unit 257 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 257 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 September 24, 2019 for $115,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4000 Gulf Terrace Dr Unit 257 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4000 Gulf Terrace Dr Unit 257 is 950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4000 Gulf Terrace Dr Unit 257 is 1974.

Rocket Homes›Florida›Okaloosa County›Destin›32541›4000 Gulf Terrace Dr Unit 257

This home is located at 4000 Gulf Terrace Dr Unit 257 in Destin, FL and zip code 32541. This 950 square foot home was built in 1974. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 22, 2023 and is currently priced at $248,900.

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. The number of listings 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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