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Off market
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  • $179,900

    4000 Gulf Terrace Dr Unit 137, Destin, FL 32541

    1beds
    1baths
    850sqft
    Condo
    Built in 1976
    -- sqft lot
    $179,900 Zestimate®
    $212/sqft
    $1,902 Estimated rent

    Home value

    $179,900

    $158,000 - $203,000

    $1,902/mo

    Zestimate® history
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    $2,204/mo

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    $2,204/mo

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    What's special

    JUST REMODELED! Beautiful ground floor unfurnished condo at Gulf Terrace with great view of the lake. Condo has just received major renovation. Interior is neutral color scheme. Updates include new paint, new tiled floors, new upgraded kitchen with granite countertops, new dishwasher, new electric stove with self-clean oven, new range hood, and new sink with new fixtures and new white cabinets (upper and lower). Laundry/storage also has washer/dryer hookup. Extra large living room/dining area with a wall of windows overlooking the Gulf Terrace Lake, tropical foliage and palm trees. Gulf Terrace is a popular gated community located in the Heart of Destin close to the emerald green waters and white sandy beaches of the Gulf of Mexico. Gulf Terrace amenities include 3 swimming pools, clubhouse, and tennis courts. Pets will be considered with non-refundable pet fee.

    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
    Interior area
    • Total interior livable area: 850 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • On waterfront: Yes
    Lot
    • Size: 18.65 Acres
    Details
    • Parcel number: 002S22109501370000

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1976

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $963 monthly
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $212/sqft
    • Tax assessed value: $165,000
    • Annual tax amount: $1,720

    Price history

    DateEventPrice
    12/29/2025Listing removed$200,000$235/sqft
    Source: ECAOR #953955 Report a problem
    10/14/2025Price change$200,000-12.7%$235/sqft
    Source: ECAOR #953955 Report a problem
    9/24/2025Listed for sale$229,000$269/sqft
    Source: ECAOR #953955 Report a problem
    9/4/2025Listing removed$229,000$269/sqft
    Source: ECAOR #953955 Report a problem
    3/21/2025Price change$229,000-0.4%$269/sqft
    Source: ECAOR #953955 Report a problem
    1/18/2025Price change$230,000-5.3%$271/sqft
    Source: ECAOR #953955 Report a problem
    12/31/2024Price change$243,000-0.8%$286/sqft
    Source: ECAOR #953955 Report a problem
    9/14/2024Listed for sale$245,000$288/sqft
    Source: ECAOR #953955 Report a problem
    7/8/2024Listing removed$245,000$288/sqft
    Source: ECAOR #953955 Report a problem
    7/5/2024Listed for sale$245,000+130%$288/sqft
    Source: ECAOR #953955 Report a problem
    12/3/2018Sold$106,500$125/sqft
    Source: ECAOR #804909 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,720 -6.2%$128,841 +10%
    2024$1,833 +1.2%$117,128 -42.9%
    2023$1,812 +34%$205,000 +57.7%
    2022$1,352 +18.5%$130,000 +35.4%
    2021$1,140 +13.9%$96,000 +20%
    2020$1,001 -1.4%$80,000
    2019$1,015 +19.7%$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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    Sell for more on Zillow
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    $179,900
    2% more
    +$3,598
    With Zillow Showcase(estimated)
    $183,498