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Off market
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  • $228,500

    4000 Gulf Terrace Dr Unit 131, Destin, FL 32541

    1beds
    780sqft
    Condo
    Built in 1975
    -- sqft lot
    $228,500 Zestimate®
    $293/sqft
    $1,876 Estimated rent

    Home value

    $228,500

    $217,000 - $240,000

    $1,876/mo

    Zestimate® history
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    $1,876/mo

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    $1,857/mo

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    $1,857/mo

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    What's special

    Excellent location in the heart of Destin. This gated community sits on 26 acres with a lake. The amenities include a clubhouse, picnic area, BBQ pit, grills, 3 pools, tennis and bike racks. The unit is located on the first floor and faces the lake. These items are one year old: Refrigerator with ice/water dispenser, Stackable washer and dryer, hot water heater, garbage disposal, Tub and Shower unit, bedroom floor. It was completely redone in 2005 to include: all new plumbing, fixtures, wiring, sheet rock, kitchen cabinets, flooring, hurricane resistant patio doors and windows. Absolutely well-maintained and ready for you to move in. BTW...Internet and pest control also included in HOA.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Laminate
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 780 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 18.65 Acres
    Details
    • Parcel number: 002S22109501310000

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Metal
    Condition
    • Year built: 1975

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $305 monthly
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $293/sqft
    • Tax assessed value: $165,000
    • Annual tax amount: $1,954

    Price history

    DateEventPrice
    5/14/2026Listing removed$245,000$314/sqft
    Source: ECAOR #989655 Report a problem
    11/14/2025Listed for sale$245,000+2.7%$314/sqft
    Source: ECAOR #989655 Report a problem
    10/9/2025Listing removed$238,500$306/sqft
    Source: ECAOR #970919 Report a problem
    8/1/2025Price change$238,500-0.2%$306/sqft
    Source: ECAOR #970919 Report a problem
    4/11/2025Price change$239,000-2.4%$306/sqft
    Source: ECAOR #970919 Report a problem
    3/12/2025Listed for sale$245,000-3.9%$314/sqft
    Source: ECAOR #970919 Report a problem
    5/27/2022Sold$255,000-1.5%$327/sqft
    Source: ECAOR #890553 Report a problem
    4/6/2022Pending sale$259,000$332/sqft
    Source: ECAOR #890553 Report a problem
    3/31/2022Price change$259,000+4%$332/sqft
    Source: ECAOR #890553 Report a problem
    2/15/2022Pending sale$249,000$319/sqft
    Source: ECAOR #890553 Report a problem
    2/5/2022Listed for sale$249,000+315%$319/sqft
    Source: ECAOR #890553 Report a problem
    2/15/2013Sold$60,000-3.2%$77/sqft
    Source: ECAOR #588307 Report a problem
    12/18/2012Listed for sale$62,000-63.3%$79/sqft
    Source: COLDWELL BANKER UNITED REALTORS-FWB #588307 Report a problem
    1/25/2005Sold$169,000+241.4%$217/sqft
    Source: Public Record Report a problem
    6/6/2001Sold$49,500$63/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,954 -17.5%$165,000 -17.5%
    2024$2,369 -3.3%$200,000 -2.4%
    2023$2,449 +81.3%$205,000 +57.7%
    2022$1,351 +18.5%$130,000 +35.4%
    2021$1,139 +13.9%$96,000 +20%
    2020$1,000 +3.4%$80,000
    2019$967 +14.1%$80,000 +21.2%
    2018$847 $66,000 +10%
    2017$847 +8.1%$60,000 +5.3%
    2016$784 +7.7%$57,000 +14%
    2015$728 +9.9%$50,000 +8.7%
    2014$662 $46,000 +8.2%
    2013-- $42,500 +3.7%
    2012-- $41,000 -6.8%
    2011-- $44,000 -12%
    2010-- $50,000 -9.1%
    2009-- $55,000 -22.5%
    2008-- $71,000 -36%
    2007-- $111,000 -27.5%
    2006-- $153,000 +37.8%
    2005-- $111,000 +117.6%
    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: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $228,500
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    +$4,570
    With Zillow Showcase(estimated)
    $233,070