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Sold for $200,000
  • $200,000

    4000 Gulf Terrace Dr Unit 161, Destin, FL 32541

    1beds
    873sqft
    Condominium
    Built in 1973
    -- sqft lot
    $191,100 Zestimate®
    $229/sqft
    $1,967 Estimated rent

    Home value

    $191,100

    $170,000 - $216,000

    $1,967/mo

    Zestimate® history
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    What's special

    Rental Machine with Gross Revenue of $34,945.65 in 2022 and $30,909.08 in 2023. Rare Find 1 Bedroom 2 Baths, very spacious condo. Beautiful view of the Lake. Close to the pool & club house. Easy access. First floor walk out. Patio area closed in. Breakfast bar, tiled floors, granite counters, new appliances. many updates to this condo. Great rental for short or long term. Close to Beaches, Restaurants, Shopping & Entertainment. Amenities include: 3 Pools, Tennis, Out Door Grills, Community Room.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dustin L Cornwell 850-533-7033,

    Dream Destin Realty PLLC

    Bought with:

    Dustin L Cornwell, 3470752

    Dream Destin Realty PLLC

    Source: ECAOR,MLS#: 953592MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: First
    • Area: 132 Square Feet
    • Dimensions: 12 x 11
    Dining room
    • Level: First
    • Area: 306 Square Feet
    • Dimensions: 18 x 17
    Kitchen
    • Level: First
    • Area: 96 Square Feet
    • Dimensions: 12 x 8
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Refrigerator, Electric Water Heater
    • Laundry: Common Area, Washer/Dryer Hookup
    Features
    • Breakfast Bar
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 873
    • Total interior livable area: 873 sqft

    Property

    Features
    • Exterior features: Sprinkler System
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front
    Details
    • Parcel number: 002S22109500000161

    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, Gated, Picnic Area, Pool, TV Cable, Tennis Court(s)
    • Subdivision: GULF TERRACE CONDO
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Insurance, Legal, Management, Sewer, Cable TV, Trash, Water, Internet
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $229/sqft
    • Tax assessed value: $165,000
    • Annual tax amount: $2,047
    • Date on market: 7/1/2024

    Price history

    DateEventPrice
    8/23/2024Sold$200,000-11.1%$229/sqft
    Source: ECAOR #953592 Report a problem
    7/28/2024Pending sale$225,000$258/sqft
    Source: ECAOR #953592 Report a problem
    7/1/2024Listed for sale$225,000-16.6%$258/sqft
    Source: ECAOR #953592 Report a problem
    2/18/2023Listing removed--
    Source: ECAOR #913610 Report a problem
    12/25/2022Listed for sale$269,900+109.2%$309/sqft
    Source: ECAOR #913610 Report a problem
    1/29/2021Sold$129,000$148/sqft
    Source: ECAOR #860520 Report a problem
    12/8/2020Listed for sale$129,000+48.3%$148/sqft
    Source: Sea Coast Realty Group Inc #860520 Report a problem
    10/15/2015Sold$87,000+58.2%$100/sqft
    Source: ECAOR #740336 Report a problem
    9/2/2014Sold$55,000-12.7%$63/sqft
    Source: Public Record Report a problem
    4/22/2013Sold$63,000-6%$72/sqft
    Source: Public Record Report a problem
    12/8/2012Listing removed$67,000$77/sqft
    Source: Sea Coast Realty Group, Inc. #580726 Report a problem
    10/22/2012Listed for sale$67,000$77/sqft
    Source: Sea Coast Realty Group, Inc. #580726 Report a problem
    7/22/2012Listing removed$67,000$77/sqft
    Source: Sea Coast Realty Group, Inc. #580726 Report a problem
    7/19/2012Listed for sale$67,000-20.2%$77/sqft
    Source: Sea Coast Realty Group, Inc. #580726 Report a problem
    11/30/2007Sold$84,000-57.6%$96/sqft
    Source: Public Record Report a problem
    6/21/2005Sold$197,900+209.2%$227/sqft
    Source: Public Record Report a problem
    6/4/2003Sold$64,000$73/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 +15.7%$200,000 -2.4%
    2023$2,048 +30.7%$205,000 +57.7%
    2022$1,567 +37.5%$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 +5.9%$57,000 +14%
    2015$740 +11.8%$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: 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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    $191,100
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    $194,922