Priced Dropped! Unbeatable Location! Remodeled 1 BR 1 BA condo located on the second floor, balcony, washer/dryer hookups with low HOA. It can be used as primary residence or investment property. Complex allows STR and LTR. Gulf Terrace Complex is a very well maintained gated community, free parking, pets are allowed and resort like amenities, 3 new swimming pools, lake, tennis / pickle ball court, EV Chargers, homeowners club house. Centrally located to all Destin's attractions, restaurants, shopping, entertainment, beach access 0.8 miles away. Property right across the street from the famous Gulf of America, and popular attractions such as the Morgan Sportsplex, The Track, Big Kahuna Waterpark, and the Sun Destin Hotel featuring the PhatFish Restaurant.
Sold for $201,000
$201,000
4000 Gulf Terrace Dr Unit 2001, Destin, FL 32541
1beds
738sqft
Condominium
Built in 1973
-- sqft lot
$203,300 Zestimate®
$272/sqft
$1,745 Estimated rent
Home value
$203,300
$187,000 - $220,000
$1,745/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Alina Jackson 850-533-7885,
Waves of the Emerald Coast Realty LLC
Bought with:
Alina Jackson, 3475596
Waves of the Emerald Coast Realty LLC
Source: ECAOR,MLS#: 975337
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
- Area: 144 Square Feet
- Dimensions: 12 x 12
Other
- Level: First
- Area: 120 Square Feet
- Dimensions: 20 x 6
Living room
- Level: First
- Area: 192 Square Feet
- Dimensions: 16 x 12
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator, Electric Water Heater
- Laundry: Common Area
Features
- Breakfast Bar, Owner's Closet, Pantry, Shelving
- Flooring: Laminate
Interior area
- Total structure area: 738
- Total interior livable area: 738 sqft
Property
Features
- Exterior features: Balcony, Sprinkler System, Tennis Court(s), Rain Gutters
- On waterfront: Yes
- Waterfront features: Lake Front
Details
- Parcel number: 002S22109500002001
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Frame, Vinyl Siding, Trim Vinyl
- Roof: Metal
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 1973
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Community Room, Dumpster, Gated, Picnic Area, Pool, TV Cable, Tennis Court(s), Pickleball, Short Term Rental - Allowed
- Subdivision: GULF TERRACE CONDO
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Insurance, Security, Sewer, Trash, Water, Internet
Location
- Region: Destin
Financial & listing details
- Price per square foot: $272/sqft
- Tax assessed value: $132,000
- Annual tax amount: $1,563
- Date on market: 5/1/2025
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2025 | Sold | $201,000$272/sqft |
Source:  ECAOR #975337 Report a problem | ||
| 8/5/2025 | Pending sale | $201,000$272/sqft |
Source: ECAOR #975337 Report a problem | ||
| 6/4/2025 | Price change | $201,000-2%$272/sqft |
Source: ECAOR #975337 Report a problem | ||
| 5/1/2025 | Listed for sale | $205,000-8.9%$278/sqft |
Source: ECAOR #975337 Report a problem | ||
| 3/30/2023 | Sold | $225,000-4.3%$305/sqft |
Source: ECAOR #917886 Report a problem | ||
| 3/11/2023 | Pending sale | $235,000+94.2%$318/sqft |
Source: ECAOR #917886 Report a problem | ||
| 2/8/2021 | Sold | $121,000+61.3%$164/sqft |
Source: Public Record Report a problem | ||
| 5/23/2017 | Sold | $75,000$102/sqft |
Source: ECAOR #775674 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,563 -34% | $132,000 -34% |
| 2024 | $2,369 +15.7% | $200,000 -2.4% |
| 2023 | $2,048 +30.7% | $205,000 +57.7% |
| 2022 | $1,567 +41.5% | $130,000 +39% |
| 2021 | $1,107 +12.5% | $93,500 +16.9% |
| 2020 | $984 +3.3% | $80,000 |
| 2019 | $953 +15.9% | $80,000 +25% |
| 2018 | $822 | $64,000 +51.5% |
| 2017 | $822 +264.3% | $42,258 +2.1% |
| 2016 | $226 +5.9% | $41,389 +0.7% |
| 2015 | $213 -0.2% | $41,101 +0.8% |
| 2014 | $213 | $40,775 +1.5% |
| 2013 | -- | $40,172 +1.7% |
| 2012 | -- | $39,500 -3.7% |
| 2011 | -- | $41,000 -12.8% |
| 2010 | -- | $47,000 -2.7% |
| 2009 | -- | $48,287 +0.1% |
| 2008 | -- | $48,239 +3% |
| 2007 | -- | $46,834 +2.5% |
| 2006 | -- | $45,692 +3% |
| 2005 | -- | $44,361 +3% |
| 2004 | -- | $43,069 +1.9% |
| 2003 | -- | $42,266 +2.4% |
| 2002 | -- | $41,275 +1.6% |
| 2001 | -- | $40,625 |
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 2001
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