Home\Real Estate\Search Results\4000 Gulf Terrace Drive, UNIT 131, Destin, FL 32541

4000 Gulf Terrace Drive, UNIT 131, Destin, FL 32541

#970919

RES

1/1

Built in 1973

$245,000

Contact Agent

IMG_0022 1

Diane Green

[email protected]
(850) 699-7307

Photos Details Location Questions

Details

Profitable Short-Term Rental - No Milestone Inspections Required! Looking for an investment property that actually makes financial sense? This turnkey one-bedroom condo in Gulf Terrace generated about $35,000 in gross rental income in 2024 and is exempt from costly Milestone inspections! Located in the heart of Destin, Gulf Terrace offers an unbeatable location with 26 acres of beautifully manicured grounds, featuring three pools, two tennis courts, and a spring-fed lake for a fantastic view. This fully furnished condo comfortably accommodates up to six guests with a king bed in the master and a queen sleeper sofa in the living room. Enjoy lake views from the spacious patio, easy access to the pool, and a bright, open living area. Whether you're looking for a high-performing rental, a vacation getaway, or a primary residence, Gulf Terrace 131 checks all the boxes. Plus, you're just minutes from Destin Commons, world-class dining, and sugar-white beaches. Don't miss this profitable and hassle-free opportunity! Schedule your showing today!
REAL ESTATE
Real Estate Type RES
Construction Roof Metal
Vinyl Siding
Cooling Central Air
Full Bathrooms 1
Half Bathrooms 0
One Quarter Bathrooms 0
Three Quarter Bathrooms 0
Heating Central
Lot Size 0
Real Estate Sub Type Condominium
Stories 0
Style N/A
Subdivision GULF TERRACE CONDO
View Lake
Year Built 1,973
Interior Features Breakfast Bar
Ceiling Crwn Molding
Floor Tile
Furnished - All
Window Treatment All
Exterior Features Patio Covered
Unit Number UNIT 131
Lot Size Units Acres
Lot Size Area 0
Agent MLS Id TELR1
Office Key 20,140,121,012,109,000,000,000,000
Source System Name Emerald Coast Association of REALTORS®
Source System Id M00000138
Elevation 0
Directions From Hwy 98
turn north onto Gulf Terrace Drive. The building is located directly behind Building 8
County Okaloosa
Parcel Number 00-2S-22-1095-0131-0000
Appliances Dishwasher
Dryer
Microwave
Refrigerator
Smoke Detector
Stove/Oven Electric
Washer
Number Of Units Total 0
Fireplace False
Tax Legal Description GULF TERRACE UNIT 131
Parking Total 0
Parking Features []
Waterfront True
Waterfront Features Lake
Window Features []
Rooms 5
Other Structures []
Utilities Public Sewer
Public Water
TV Cable
Special Listing Conditions []
Private Pool False
Spa False
Fencing []
Internet Address Display True
Internet Automated Valuation Display True
Agent Name The White Sands Team
Agent Email [email protected]
Agent Office 850-259-5180
Broker Id EL&R
Listing Contract Date 3/12/2025
Square Feet 780
Days On Market 1
Status Active
Elementary School Destin
Middle School Destin
High School Destin
Office Name Levin Rinke Realty
GENERAL
Property Condition Construction Complete

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