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4000 Gulf Terrace Drive , #235

Destin, FL 32541
  • $250,000
  • STATUS: Pending
  • ON SITE: 24 Days
  • MLS #: 1003851
Pending
$250,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 738
    SQFT
  • $339
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1973
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Lake Views in Destin just 0.8 miles from beach access. High Performing Condo 1 Bedroom,1 Bath. Completely remodeled European-inspired design and a clean, minimalist aesthetic. Exceptionally well maintained and sold fully turnkey. Features include new windows, updated flooring, a beautifully tiled shower, and many additional upgrades throughout. Must see to truly appreciate! Located on the 2nd floor. Can be used as investment, second home or primary residence. Active rental on Airbnb with proven record. Tourists Love the Place and the amenities that are available in the complex. Gulf Terrace is a Pet Friendly Community, Free Parking, No Flood Zone, NO RENTAL RESTRICTIONS! Community Features: two gated entrances from HWY 98 and Airport Rd, Access to 3 swimming pools, Tennis/Pickleball court, Dog Park, EV chargers, maintained green areas, picnic tables & a lake. HOA Includes: building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates. Owner pays Electric Only. Rare investor opportunity: seller is offering next-door Units 233 (MLS 1003697) & this unit 235 as a unique income-producing investment opportunity. Own side-by-side condos in a prime location with exceptional rental potential and flexibility. Contact listing agent for details and investment inquiries.

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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Back Stage Realty. Vendor Member number: 28178. Data last updated: 2026-06-18T00:00:35.643.
Vendor Member #28178.
www.backstagerealty.com/homes/176825194
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4000 Gulf Terrace Drive , #235 Destin, FL 32541

  • Price: $250,000
  • Status: Pending
  • On Site: 24 Days
  • MLS #: 1003851
1
Beds
1
Baths
0
½ Baths
N/A
Acres
738
SQFT
$339
$/SQFT
1973
Built
Neighborhood:
Gulf Terrace Condo
County:
Okaloosa
Area:
Destin
Elementary School:
Destin
Middle School:
Destin
High School:
Destin
Property Description
Lake Views in Destin just 0.8 miles from beach access. High Performing Condo 1 Bedroom,1 Bath. Completely remodeled European-inspired design and a clean, minimalist aesthetic. Exceptionally well maintained and sold fully turnkey. Features include new windows, updated flooring, a beautifully tiled shower, and many additional upgrades throughout. Must see to truly appreciate! Located on the 2nd floor. Can be used as investment, second home or primary residence. Active rental on Airbnb with proven record. Tourists Love the Place and the amenities that are available in the complex. Gulf Terrace is a Pet Friendly Community, Free Parking, No Flood Zone, NO RENTAL RESTRICTIONS! Community Features: two gated entrances from HWY 98 and Airport Rd, Access to 3 swimming pools, Tennis/Pickleball court, Dog Park, EV chargers, maintained green areas, picnic tables & a lake. HOA Includes: building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates. Owner pays Electric Only. Rare investor opportunity: seller is offering next-door Units 233 (MLS 1003697) & this unit 235 as a unique income-producing investment opportunity. Own side-by-side condos in a prime location with exceptional rental potential and flexibility. Contact listing agent for details and investment inquiries.
Exterior Features

Architectural Style N/A Carport YN No Construction Materials BlockFrameSiding VinylStucco Exterior Features Rain GutterBBQ Pit/GrillSprinkler SystemTennis Court Lot Features [] Parking Features [] Pool YN Yes Road Frontage Type [] Road Surface Type [] View Lake Waterfront Features Lake

Interior Features

Appliances DishwasherMicrowaveRefrigeratorSmoke DetectorStove/Oven ElectricWater Heater - Elect Cooling Ceiling FansCentral Air Cooling YN Yes First Floor Bedroom Yes Heating Central Heating YN Yes Interior Features Breakfast BarKitchen IslandWasher/Dryer Hookup Rooms Total 4

Property Features

Association Fee Includes Ground KeepingInsuranceInternet ServiceMaster AssociationSecuritySewerWaterTrash Association YN Yes Buyer Financing Conventional Community Features Short Term Rental - AllowedPickle BallBBQ Pit/GrillDumpsterGated CommunityLaundryPavillion/GazeboPets AllowedPicnic AreaPoolTennisTV CableWaterfront Green Energy Efficient [] New Construction YN No Number Of Units In Community 8 Pool Type Community Property Condition RenovatedConstruction Complete Property Sub Type Condominium Short Term Rental Allowed Yes Special Listing Conditions [] Tax Amount 1651.55 Tax Year 2025 Utilities ElectricPublic WaterTV Cable

Listing courtesy of Waves of the Emerald Coast Realty LLC: 850-533-7885.



© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Back Stage Realty. Vendor Member number: 28178. Data last updated: 2026-06-18T00:00:35.643.
Vendor Member #28178.
 
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