Welcome to Destin and your own beach get away! This Gulf Terrace condo is perfect for living the beach life full-time or for use as an income generating rental (short term is allowed!). It sleeps up to 6 guests, who will love its convenient location to everything Destin has to offer. All furnishings convey and, with renovations that include the kitchen, bedroom and bath, as well as new flooring, this unit is turn key ready! (HVAC is 2020 .) Located on the ground floor, this condo provides ease of access. When you're ready for action, you can take advantage of the pickle ball and tennis courts or one of the three pools the complex offers. Gulf Terrace Condos are a short distance to beaches, dining and Big Kahuna Water Park! Don't sleep on it--call for your private showing now!
For sale
$230,000
4000 Gulf Terrace Dr Unit 128, Destin, FL 32541
1beds
738sqft
:
Get pre-qualified$1,517/mo
Condominium
Built in 1973
-- sqft lot
$215,500 Zestimate®
$312/sqft
$-- HOA
What's special
New flooring
- 47 days |
- 108 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Paula J Sherman 850-218-0537,
ERA American Real Estate,
Paige T King 931-302-3750,
ERA American Real Estate
Source: ECAOR,MLS#: 990647
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
- Area: 178.25 Square Feet
- Dimensions: 11.5 x 15.5
Kitchen
- Level: First
- Area: 88.13 Square Feet
- Dimensions: 11.75 x 7.5
Living room
- Level: First
- Area: 202.69 Square Feet
- Dimensions: 11.75 x 17.25
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar, Owner's Closet
- Flooring: Vinyl
- Windows: Window Treatments
- Furnished: Yes
Interior area
- Total structure area: 738
- Total interior livable area: 738 sqft
Property
Details
- Parcel number: 002S22109501280000
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Stone, Stucco
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 1973
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Dumpster, Pavillion/Gazebo, Picnic Area, Pool, TV Cable, Tennis Court(s)
- Security: Smoke Detector(s)
- Subdivision: GULF TERRACE CONDO
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Management, Maintenance Structure, Trash, Water
Location
- Region: Destin
Financial & listing details
- Price per square foot: $312/sqft
- Tax assessed value: $132,000
- Annual tax amount: $2,369
- Date on market: 6/12/2026
Estimated market value
$215,500
$205,000 - $226,000
$1,835/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Listed for sale | $230,000$312/sqft |
Source:  ECAOR #990647 Report a problem | ||
| 5/31/2026 | Listing removed | $230,000$312/sqft |
Source: ECAOR #990647 Report a problem | ||
| 12/3/2025 | Price change | $230,000-14.8%$312/sqft |
Source: ECAOR #990647 Report a problem | ||
| 6/12/2023 | Pending sale | $270,000+5.9%$366/sqft |
Source:  PAR #626899 Report a problem | ||
| 6/9/2023 | Sold | $255,000-5.6%$346/sqft |
Source: PAR #626899 Report a problem | ||
| 5/15/2023 | Contingent | $270,000$366/sqft |
Source: PAR #626899 Report a problem | ||
| 5/13/2023 | Listed for sale | $270,000+167.3%$366/sqft |
Source: PAR #626899 Report a problem | ||
| 11/10/2020 | Sold | $101,000-5.6%$137/sqft |
Source:  CPAR #704473 Report a problem | ||
| 10/2/2020 | Listed for sale | $107,000+116.2%$145/sqft |
Source: Sea Coast Realty Group Inc #856500 Report a problem | ||
| 6/5/2012 | Sold | $49,500-8.2%$67/sqft |
Source: Public Record Report a problem | ||
| 12/22/2011 | Listed for sale | $53,900-5.4%$73/sqft |
Source: SEA COAST REALTY GROUP INC #568841 Report a problem | ||
| 12/22/2011 | Listing removed | $850$1/sqft |
Source: Gulf Terrace Condominium Association Report a problem | ||
| 12/3/2011 | Listed for rent | $850$1/sqft |
Source: Gulf Terrace Condominium Association Report a problem | ||
| 9/6/2002 | Sold | $57,000$77/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,563 -34% | $132,000 -34% |
| 2024 | $2,369 +27.7% | $200,000 -2.4% |
| 2023 | $1,855 +33.3% | $205,000 +57.7% |
| 2022 | $1,391 +19.8% | $130,000 +39% |
| 2021 | $1,161 +18.1% | $93,500 +16.9% |
| 2020 | $984 +3.3% | $80,000 |
| 2019 | $952 +15.9% | $80,000 +25% |
| 2018 | $821 | $64,000 +8.5% |
| 2017 | $821 +7.3% | $59,000 +7.3% |
| 2016 | $765 +9.1% | $55,000 +14.6% |
| 2015 | $701 +10.2% | $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
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32541
Nearby schools
GreatSchools rating
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 1.8 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 2.6 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 10.5 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
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