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Sold for $180,000
  • $180,000

    4000 Gulf Terrace Dr Unit 116, Destin, FL 32541

    1beds
    810sqft
    Condominium
    Built in 1989
    -- sqft lot
    $180,000 Zestimate®
    $222/sqft
    $1,914 Estimated rent

    Home value

    $180,000

    $169,000 - $193,000

    $1,914/mo

    Zestimate® history
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    What's special

    Modern finishesMove-in readyThree sparkling poolsOpen layoutPrivate laundry
    Welcome to Gulf Terrace Condos in the heart of Destin! This beautifully remodeled first-floor, one-bedroom condo is being sold fully furnished, private laundry, and move-in ready. Renovated features, New kitchen cabinets, appliances, vanities, lighting, flooring, etc. Enjoy an open layout with modern finishes, perfect for a beach retreat or rental investment. Gulf Terrace is a gated community offering three sparkling pools, tennis, and clubhouse. Owners are welcome to bring their pets, making it ideal for full-time living or vacation stays. Just minutes from Henderson Beach State Park, sugar-white sand beaches, world-class shopping, and dining. Whether relaxing by the pool or exploring all Destin has to offer, this condo delivers the perfect blend of comfort and coastal lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nikki Segraves Wood 850-420-0955,

    ERA American Real Estate

    Bought with:

    Christopher J Bent, 3373998

    Realty ONE Group Emerald Coast

    Source: ECAOR,MLS#: 987827MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 149.94 Square Feet
    • Dimensions: 12.6 x 11.9
    Primary bathroom
    • Level: First
    • Area: 68.94 Square Feet
    • Dimensions: 8.5 x 8.11
    Dining area
    • Level: First
    • Area: 37.63 Square Feet
    • Dimensions: 7.1 x 5.3
    Kitchen
    • Level: First
    • Area: 71.1 Square Feet
    • Dimensions: 7.9 x 9
    Laundry
    • Level: First
    • Area: 22.79 Square Feet
    • Dimensions: 4.3 x 5.3
    Living room
    • Level: First
    • Area: 306.06 Square Feet
    • Dimensions: 17.4 x 17.6
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
    • Laundry: Washer/Dryer Hookup
    Features
    • Breakfast Bar, Newly Painted
    • Flooring: Laminate
    • Windows: Window Treatments
    • Furnished: Yes
    Interior area
    • Total structure area: 810
    • Total interior livable area: 810 sqft

    Property

    Details
    • Parcel number: 002S22109501160000

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block
    • Roof: Metal
    Condition
    • Construction Complete,Renovated
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: BBQ Pit/Grill, Dumpster, Fishing, Gated, Pool, TV Cable, Tennis Court(s), Short Term Rental - Allowed
    • Security: Smoke Detector(s)
    • Subdivision: GULF TERRACE CONDO
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Sewer, Cable TV, Trash, Water
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $222/sqft
    • Tax assessed value: $132,000
    • Annual tax amount: $1,500
    • Date on market: 4/1/2026

    Price history

    DateEventPrice
    6/22/2026Sold$180,000-10%$222/sqft
    Source: ECAOR #987827 Report a problem
    6/2/2026Pending sale$199,900$247/sqft
    Source: ECAOR #987827 Report a problem
    4/17/2026Price change$199,900-2.5%$247/sqft
    Source: ECAOR #987827 Report a problem
    11/21/2025Listed for sale$205,000+42.4%$253/sqft
    Source: ECAOR #987827 Report a problem
    6/13/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/30/2024Listed for rent$1,650+106.3%$2/sqft
    Source: Zillow Rentals Report a problem
    4/7/2021Sold$144,000+106%$178/sqft
    Source: Public Record Report a problem
    12/8/2015Sold$69,900+1.3%$86/sqft
    Source: Public Record Report a problem
    8/2/2015Listing removed$69,000$85/sqft
    Source: Owner Report a problem
    5/1/2015Listed for sale$69,000-25%$85/sqft
    Source: Owner Report a problem
    11/16/2012Listing removed$800$1/sqft
    Source: Gulf Terrace Condominium Association Report a problem
    10/24/2012Listed for rent$800$1/sqft
    Source: Gulf Terrace Condominium Association Report a problem
    3/4/2012Listing removed$800$1/sqft
    Source: Gulf Terrace Condominium Association Report a problem
    2/3/2012Listed for rent$800$1/sqft
    Source: Gulf Terrace Condominium Association Report a problem
    3/1/2004Sold$92,000+46%$114/sqft
    Source: Public Record Report a problem
    8/8/2003Sold$63,000+14.5%$78/sqft
    Source: Public Record Report a problem
    3/24/2000Sold$55,000$68/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,563 -25.3%$132,000 -16.1%
    2024$2,093 +2.2%$157,300 -23.3%
    2023$2,048 +30.7%$205,000 +57.7%
    2022$1,567 +41.5%$130,000 +39%
    2021$1,107 +12.5%$93,500 +16.9%
    2020$984 +3.3%$80,000
    2019$953 +15.9%$80,000 +25%
    2018$822 $64,000 +8.5%
    2017$822 +6.6%$59,000 +7.3%
    2016$771 +7.9%$55,000 +14.6%
    2015$714 +12.4%$48,000 +9.1%
    2014$636 $44,000 +7.3%
    2013-- $41,000 +3.8%
    2012-- $39,500 -3.7%
    2011-- $41,000 -12.8%
    2010-- $47,000 -10.5%
    2009-- $52,500 -26.1%
    2008-- $71,000 -36%
    2007-- $111,000 -27.5%
    2006-- $153,000 +63.6%
    2005-- $93,500 +83.3%
    2004-- $51,000 +8.1%
    2003-- $47,200 +1.9%
    2002-- $46,300
    2001-- $46,300
    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Destin
    • Middle: Destin
    • High: Fort Walton Beach

    Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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