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4000 Gulf Terrace Drive , Unit 137

Destin, FL 32541
  • $230,000
  • STATUS: Active
  • ON SITE: 254 Days
  • MLS #: 953955
UPDATED: 38 min ago
$230,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 738
    SQFT
  • $312
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1973
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Affordable Destin Condo with Low HOA and Central Location. One of the few properties where All Rental types are Allowed and Pets. Primary Residence or Investment Property. Lake views right from your living room! Condo is situated on the ground floor for easy access. Granite Countertops, New HVAC and Water Heater, Tile Floors throughout, New Paint, Washer/Dryer Hook Ups in the unit. Gulf Terrace Complex is a gated community, free parking, pets are allowed and resort like amenities, 3 new swimming pools, lake, tennis / pickle ball court, homeowners club house. Centrally located to all Destin's attractions, restaurants, shopping, entertainment, beach access 0.8 miles away. All measurements are approximate and to be verified by buyer. All information to be verified by buyer. This first-floor condominium presents a fantastic investment opportunity with NO RENTAL RESTRICTIONS, allowing for flexible income potential. It is part of the most affordable complex to own in Destin. All offers are welcome! No Flood Zone! Community Features: gated entrances from HWY 98 and Airport Rd, Access to 3 swimming pools, including one heated, Tennis/pickleball court and a clubhouse for owners. HOA Coverage: The monthly fee covers building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates, ensuring low maintenance for the homeowner. See More Section Seller's Motivations and Additional Property Features: The seller is motivated and willing to assist with closing costs, making this an even more attractive opportunity. The complex offers convenient boat parking exclusively for owners at a minimal monthly fee, catering to those who love boating adventures. Additionally, the on-site laundry facility is undergoing a remodel to enhance its modern look and efficiency. Located just 0.7 miles from public beach access, this property positions residents right across the street from the Gulf of America. This condominium is in close proximity to popular attractions such as the Morgan Sportsplex, The Track, Big Kahuna Waterpark, and the Sun Destin Hotel featuring the PhatFish Restaurant. These nearby destinations add significant appeal for both residents and potential renters. Within the complex, you'll find Quail Lake, a recently stocked catch-and-release natural aquifer, perfect for leisurely fishing and relaxation.

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© 2025 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 On The Coast Real Estate Group LLC. Vendor Member number: 28178. Data last updated: 2025-03-17T07:01:17.553.
Vendor Member #28178.
www.onthecoastrealestategroup.com/homes/152326463
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4000 Gulf Terrace Drive , Unit 137 Destin, FL 32541

  • Price: $230,000
  • Status: Active
  • On Site: 254 Days
  • Updated: 38 min ago
  • MLS #: 953955
1
Beds
1
Baths
0
½ Baths
N/A
Acres
738
SQFT
$312
$/SQFT
1973
Built
Neighborhood:
Gulf Terrace Condo
County:
Okaloosa
Area:
Destin
Elementary School:
Destin
Middle School:
Destin
High School:
Destin
Property Description
Affordable Destin Condo with Low HOA and Central Location. One of the few properties where All Rental types are Allowed and Pets. Primary Residence or Investment Property. Lake views right from your living room! Condo is situated on the ground floor for easy access. Granite Countertops, New HVAC and Water Heater, Tile Floors throughout, New Paint, Washer/Dryer Hook Ups in the unit. Gulf Terrace Complex is a gated community, free parking, pets are allowed and resort like amenities, 3 new swimming pools, lake, tennis / pickle ball court, homeowners club house. Centrally located to all Destin's attractions, restaurants, shopping, entertainment, beach access 0.8 miles away. All measurements are approximate and to be verified by buyer. All information to be verified by buyer. This first-floor condominium presents a fantastic investment opportunity with NO RENTAL RESTRICTIONS, allowing for flexible income potential. It is part of the most affordable complex to own in Destin. All offers are welcome! No Flood Zone! Community Features: gated entrances from HWY 98 and Airport Rd, Access to 3 swimming pools, including one heated, Tennis/pickleball court and a clubhouse for owners. HOA Coverage: The monthly fee covers building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates, ensuring low maintenance for the homeowner. See More Section Seller's Motivations and Additional Property Features: The seller is motivated and willing to assist with closing costs, making this an even more attractive opportunity. The complex offers convenient boat parking exclusively for owners at a minimal monthly fee, catering to those who love boating adventures. Additionally, the on-site laundry facility is undergoing a remodel to enhance its modern look and efficiency. Located just 0.7 miles from public beach access, this property positions residents right across the street from the Gulf of America. This condominium is in close proximity to popular attractions such as the Morgan Sportsplex, The Track, Big Kahuna Waterpark, and the Sun Destin Hotel featuring the PhatFish Restaurant. These nearby destinations add significant appeal for both residents and potential renters. Within the complex, you'll find Quail Lake, a recently stocked catch-and-release natural aquifer, perfect for leisurely fishing and relaxation.
Exterior Features

Architectural Style N/A Carport YN No Construction Materials BlockFrameRoof FlatRoof MetalRoof Shingle/ShakeVinyl SidingTrim Vinyl Exterior Features BBQ Pit/GrillSprinkler System Lot Features [] Parking Features [] Pool YN Yes Road Frontage Type [] Road Surface Type [] View Lake Waterfront Features Lake

Interior Features

Appliances DishwasherDisposalMicrowaveOven Self CleaningRefrigeratorStove/Oven Electric Cooling Ceiling Fan(s)Central Air Cooling YN Yes First Floor Bedroom Yes Heating Central Heating YN Yes Interior Features Breakfast BarFloor TileFurnished - NoneNewly PaintedOwner's ClosetPantryWasher/Dryer Hookup Rooms Total 3

Property Features

Association Fee Frequency Monthly Association Fee Includes Ground KeepingInsuranceInternet ServiceSewerWaterTrash Association Fee2 600 Association YN Yes Buyer Financing Conventional Community Features BBQ Pit/GrillCommunity RoomDumpsterGated CommunityLaundryPavillion/GazeboPets AllowedPicnic AreaPoolTennisTV CableWaterfront Green Energy Efficient [] New Construction YN No Number Of Units In Community 8 Pool Type Community Property Condition Construction Complete Property Sub Type Condominium Short Term Rental Allowed Yes Special Listing Conditions [] Utilities ElectricPublic SewerPublic WaterTV CableOther

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


© 2025 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 On The Coast Real Estate Group LLC. Vendor Member number: 28178. Data last updated: 2025-03-17T07:01:17.553.
Vendor Member #28178.
 
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On The Coast Real Estate Group LLC
2052 W County Hwy 30A, Ste 210
Santa Rosa Beach FL, 32459