1 year on rocket

4000 Gulf Terrace Dr Unit 259, 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 259, Destin$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1977
HeatingCentral
CoolingCeiling Fan(s), Central Air
MLS #915841
StatusActive

About 4000 Gulf Terrace Dr Unit 259

Great first-time buyer, second home or investment opportunity! Unit 259 is freshly painted in a soft gray and comes fully furnished. It is a spacious, two-bedroom, one-bath condo with a balcony overlooking a natural area, where you can feel the gulf breezes. Come make this your dream retreat! It is conveniently located next to one of the three community pools, the large lake and its within walking distance to the beautiful Emerald Coast beaches, shopping, dining, The Track, and Big Kahunas! Gulf Terrace is a GATED community (two gated entrances), with a large lake, three swimming pools, green space, tennis courts, outdoor BBQ areas, bike racks, on-site maintenance and laundry facilities. Long-term and short-term rentals allowed. Gulf Terrace also offers boat and RV storage for a..... monthly fee on a first come first serve basis.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1977
  • Living Area: 982 SqFt

Listing Office:

  • Office Name: Back Stage Realty
  • Office Email: dawnjohnsonrealtor@gmail.com
  • Listing Agent: Christine M Wilkinson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Electric Oven, Washer
  • Flooring Type: Tile, Vinyl, Carpet
  • Interior: Built-in Bookshelves, Kitchen Island, Washer/Dryer Hookups, Window Treatment(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony

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 Highway 98 west of Shakes on the north side. Take a right after coming through the gate and then a left after the first island. Bldg. 15 is the first building to the right of the community pool. Unit is upstairs.

Price Information

Listing Price Info

Price Summary:

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

HOA Fees:

  • Amount: $569
  • 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.

Med. Sold Price

$658.1K

Med. Price/SqFt

$408

Avg. Days On Market

85

# of Sold Homes

48

4000 Gulf Terrace Dr Unit 259 vs Destin

469 DAYS ON ROCKET

+384 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: #915841

Listing Office:

  • Office Name: Back Stage Realty
  • Office Email: dawnjohnsonrealtor@gmail.com
  • Listing Agent: Christine M Wilkinson

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: 5/11/2024, 3:20:40 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

Jun 29, 2018Home Sold
$113,000
Apr 11, 2013Home Sold
$68,000
Oct 30, 2002Home Sold
$68,000

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

$2,059

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-10476019
8
/10
  • Destin Elementary School

  • 630 Kelly St

  • 1.77 miles

  • Public District Grades PK-4

Middle School

school-card-donut-10476020
7
/10
  • Destin Middle School

  • 4608 Legendary Marina Dr

  • 2.74 miles

  • Public District Grades 5-8

school-card-donut-10476021
10
/10
  • Northwest Florida Ballet Academie

  • 310 Perry Ave SE

  • 8.23 miles

  • Public District Grades 3-8

High School

school-card-donut-10476022
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. The majority of Destin, FL residents have income less than $35k annually. The majority of families are 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 259

What is the listing price of this property?

The listing price of 4000 Gulf Terrace Dr Unit 259 property is $285,000.

What type of property is this?

The property 4000 Gulf Terrace Dr Unit 259 is a condo located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4000 Gulf Terrace Dr Unit 259 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 259 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 29, 2018 for $113,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4000 Gulf Terrace Dr Unit 259 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4000 Gulf Terrace Dr Unit 259 is 982 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4000 Gulf Terrace Dr Unit 259 is 1977.

Rocket HomesFloridaOkaloosa CountyDestin325414000 Gulf Terrace Dr Unit 259

This home is located at 4000 Gulf Terrace Dr Unit 259 in Destin, FL and zip code 32541. This 982 square foot home was built in 1977. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 28, 2023 and is currently priced at $285,000.

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. In April 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $658,185.

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

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