Discover your perfect vacation retreat and/OR Investment! This fully-furnished 2-bedroom, 1-bathroom condo offers serene lake views from its private patio. This unit features a spacious living area, a well-equipped kitchen, and a dining space. Enjoy the convenience of a washer and dryer inside the unit. With an average vacation rental income of $40k/year, this investment opportunity is a gem.
Located in a gated neighboring the Emerald Coast beaches, shopping, dining, and attractions like The Track and Big Kahunas. Pet-friendly with a strong Airbnb history of short rentals. Community amenities include 3 pools, tennis courts, clubhouse, BBQ grills, and picnic areas. On-site maintenance and laundry facilities, plus bike racks and parking for boats, golf carts, and RVs. Fresh water fishing is allowed in our Lake Aladdin - catch and release
Sold for $227,000
$227,000
4000 Gulf Terrace Dr Unit 150, Destin, FL 32541
2beds
982sqft
Condominium
Built in 1973
-- sqft lot
$224,800 Zestimate®
$231/sqft
$2,252 Estimated rent
Home value
$224,800
$202,000 - $250,000
$2,252/mo
Zestimate® history
Owner options
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$1,566/mo
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List your homeWhat's special
Serene lake viewsPrivate patioWell-equipped kitchenDining space
Zillow last checked:
Listing updated:
Listed by:
Candace M Floyd 850-902-2625,
The Property Group 850 Inc
Bought with:
Polly McMillan, 3268793
The Property Group 850 Inc
Source: ECAOR,MLS#: 947941
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
- Area: 132 Square Feet
- Dimensions: 11 x 12
Bedroom
- Level: First
- Area: 132 Square Feet
- Dimensions: 11 x 12
Kitchen
- Level: First
- Area: 72 Square Feet
- Dimensions: 9 x 8
Living room
- Level: First
- Area: 168 Square Feet
- Dimensions: 14 x 12
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
- Laundry: Common Area
Features
- Breakfast Bar
- Flooring: Tile, Carpet
- Furnished: Yes
Interior area
- Total structure area: 982
- Total interior livable area: 982 sqft
Property
Features
- Patio & porch: Covered
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Waterfront
Details
- Parcel number: 002S22109500000150
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Frame, Vinyl Siding
- Roof: Flat,Metal
Condition
- Construction Complete
- New construction: No
- Year built: 1973
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Community Room, Dumpster, Fishing, Gated, Pavillion/Gazebo, Picnic Area, Pool, TV Cable, Tennis Court(s), Waterfront, Short Term Rental - Allowed
- Subdivision: GULF TERRACE CONDO
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Insurance, Legal, Management, Security, Sewer, Cable TV, Trash, Water, Internet
Location
- Region: Destin
Financial & listing details
- Price per square foot: $231/sqft
- Tax assessed value: $225,000
- Annual tax amount: $2,163
- Date on market: 11/7/2024
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2025 | Sold | $227,000-1.3%$231/sqft |
Source:  ECAOR #947941 Report a problem | ||
| 2/20/2025 | Pending sale | $230,000$234/sqft |
Source: ECAOR #947941 Report a problem | ||
| 2/10/2025 | Price change | $230,000-0.4%$234/sqft |
Source: ECAOR #947941 Report a problem | ||
| 2/4/2025 | Price change | $230,900-3.8%$235/sqft |
Source: ECAOR #947941 Report a problem | ||
| 2/3/2025 | Price change | $239,9000%$244/sqft |
Source: ECAOR #947941 Report a problem | ||
| 1/3/2025 | Price change | $239,9900%$244/sqft |
Source: ECAOR #947941 Report a problem | ||
| 11/21/2024 | Price change | $239,999-3.6%$244/sqft |
Source: ECAOR #947941 Report a problem | ||
| 11/7/2024 | Listed for sale | $249,000$254/sqft |
Source: ECAOR #947941 Report a problem | ||
| 10/11/2024 | Listing removed | $249,000-0.4%$254/sqft |
Source: ECAOR #947941 Report a problem | ||
| 9/9/2024 | Price change | $249,900-3.5%$254/sqft |
Source: ECAOR #947941 Report a problem | ||
| 9/4/2024 | Price change | $259,000-0.3%$264/sqft |
Source: ECAOR #947941 Report a problem | ||
| 8/19/2024 | Price change | $259,900-1.9%$265/sqft |
Source: ECAOR #947941 Report a problem | ||
| 8/14/2024 | Price change | $265,000-3.6%$270/sqft |
Source: ECAOR #947941 Report a problem | ||
| 5/22/2024 | Price change | $275,000-3.5%$280/sqft |
Source: ECAOR #947941 Report a problem | ||
| 4/22/2024 | Listed for sale | $285,000-1.7%$290/sqft |
Source: ECAOR #947941 Report a problem | ||
| 4/14/2024 | Listing removed | -- |
Source: ECAOR #936746 Report a problem | ||
| 11/16/2023 | Listed for sale | $289,900+126.5%$295/sqft |
Source: ECAOR #936746 Report a problem | ||
| 6/19/2020 | Sold | $128,000$130/sqft |
Source: ECAOR #848056 Report a problem | ||
| 2/1/2015 | Listing removed | $1,100$1/sqft |
Source: Sea Coast Realty Group Inc #716527 Report a problem | ||
| 10/22/2014 | Listed for rent | $1,100$1/sqft |
Source: Sea Coast Realty Group Inc #716527 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,303 +3.2% | $169,104 +10% |
| 2024 | $2,231 +3.1% | $153,731 -33.2% |
| 2023 | $2,164 +26.2% | $230,000 +43.8% |
| 2022 | $1,715 +19.6% | $160,000 +38.5% |
| 2021 | $1,434 +27.4% | $115,500 +28.3% |
| 2020 | $1,126 +4.6% | $90,000 +5.9% |
| 2019 | $1,076 +8.9% | $85,000 +10.4% |
| 2018 | $989 | $77,000 +5.5% |
| 2017 | $989 +3.6% | $73,000 |
| 2016 | $954 +0.9% | $73,000 +10.6% |
| 2015 | $946 +8.2% | $66,000 +6.5% |
| 2014 | $874 | $62,000 +6.9% |
| 2013 | -- | $58,000 +3.6% |
| 2012 | -- | $56,000 -3.4% |
| 2011 | -- | $58,000 -13.4% |
| 2010 | -- | $67,000 -9.5% |
| 2009 | -- | $74,000 -21.3% |
| 2008 | -- | $94,000 -36.1% |
| 2007 | -- | $147,000 -21.4% |
| 2006 | -- | $187,000 +42.7% |
| 2005 | -- | $131,000 +107.9% |
| 2004 | -- | $63,000 +8.4% |
| 2003 | -- | $58,100 +1.9% |
| 2002 | -- | $57,000 |
| 2001 | -- | $57,000 |
Find assessor info on the county website
Neighborhood: 32541
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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: Destin
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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- Florida
- Okaloosa County
- Destin
- 32541
- 4000 Gulf Terrace Dr Unit 150
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