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Sold for $224,000
  • $224,000

    4000 Gulf Terrace Dr Unit 2003, Destin, FL 32541

    1beds
    738sqft
    Condominium
    Built in 1973
    -- sqft lot
    $199,000 Zestimate®
    $304/sqft
    $1,745 Estimated rent

    Home value

    $199,000

    $177,000 - $223,000

    $1,745/mo

    Zestimate® history
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    What's special

    Three poolsModern finishesFresh paintQuartz countertopsLarge modern sinkBarbecue grillsTwo gazebos
    Don't miss your chance to own this beautifully renovated condo! Whether you're looking for a primary residence, vacation home, or a short- or long-term rental, this unit's location and amenities make it a must-see. The condo features new luxury vinyl waterproof flooring and fresh paint throughout. The kitchen has been fully transformed with quartz countertops, new cabinets, stainless steel appliances, and a large modern sink. Natural light floods the kitchen, dining, and living areas through brand new hurricane rated large glass doors that lead to the balcony. During the season, you can enjoy weekly fireworks from the balcony. The bathroom has also undergone a full makeover with a new soaker tub with surround, modern finishes, a new vanity, and toilet. The HVAC system was replaced in May 2024 and new water heater installed in 2025. A brand new washer and dryer can be included with the purchase. This condo is move-in ready! Gulf Terrace Condominiums is conveniently located just off Highway 98/Emerald Coast Parkway in the heart of Destin, between The Track and Big Kahuna's. Unit 2003 is just steps from Shakes and less than half a mile from Starbucks, Chick-fil-A, shopping, restaurants, and attractions. Amenities include three pools for your enjoyment and relaxation, two gazebos, and opportunities for catch-and-release fishing at Lake Aladdin. There are several barbecue grills and tables around the property for residents and guests to use. Gulf Terrace also features a communal clubhouse for various activities and tennis/pickleball courts open year-round near the east pool. Laundry facilities are located on-site, and boat trailer parking is available on a temporary basis. HOA fees cover internet, water, trash, and property maintenance. The Gulf Terrace Condominiums property management team is on-site, providing dedicated service to owners and guests.

    Zillow last checked:

    Listing updated:

    Listed by:

    Amelia K Garrett 631-384-2917,

    Coldwell Banker Realty

    Bought with:

    Timothy G Whittemore

    LPT Realty LLC

    Source: ECAOR,MLS#: 967555MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Description: CG Floor Plan
    • Level: First
    • Area: 147.82 Square Feet
    • Dimensions: 12.58 x 11.75
    Dining area
    • Description: CG Floor Plan
    • Level: First
    • Area: 96.94 Square Feet
    • Dimensions: 8.25 x 11.75
    Kitchen
    • Description: CG Floor Plan
    • Level: First
    • Area: 99.88 Square Feet
    • Dimensions: 8.5 x 11.75
    Living room
    • Description: CG Floor Plan
    • Level: First
    • Area: 111.8 Square Feet
    • Dimensions: 9.58 x 11.67
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
    • Laundry: Common Area, Washer/Dryer Hookup
    Features
    • Breakfast Bar, Newly Painted, Pantry
    • Flooring: Vinyl
    • Doors: Storm Door(s)
    • Windows: Storm Window(s), Window Treatments
    Interior area
    • Total structure area: 738
    • Total interior livable area: 738 sqft

    Property

    Parking
    • Total spaces: 2
    • Carport spaces: 2
    Features
    • Exterior features: Balcony
    Details
    • Parcel number: 002S22109500002003

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Concrete, Vinyl Siding
    • 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, Fishing, Gated, Handicap Provisions, Picnic Area, Pool, Tennis Court(s), Pickleball, Short Term Rental - Allowed
    • Security: Smoke Detector(s)
    • Subdivision: GULF TERRACE CONDO
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Management, Recreational Faclty, Maintenance Structure, Sewer, Trash, Water, Internet
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $304/sqft
    • Tax assessed value: $132,000
    • Annual tax amount: $567
    • Date on market: 2/1/2025

    Price history

    DateEventPrice
    3/27/2025Sold$224,000-2.6%$304/sqft
    Source: ECAOR #967555 Report a problem
    3/14/2025Pending sale$229,900$312/sqft
    Source: ECAOR #967555 Report a problem
    2/27/2025Price change$229,900-2.1%$312/sqft
    Source: ECAOR #967555 Report a problem
    2/1/2025Listed for sale$234,900$318/sqft
    Source: ECAOR #967555 Report a problem
    2/1/2025Listing removed$234,900$318/sqft
    Source: ECAOR #955357 Report a problem
    1/7/2025Price change$234,900-1.7%$318/sqft
    Source: ECAOR #955357 Report a problem
    12/25/2024Price change$238,900-0.4%$324/sqft
    Source: ECAOR #955357 Report a problem
    12/13/2024Listed for sale$239,900$325/sqft
    Source: ECAOR #955357 Report a problem
    11/30/2024Pending sale$239,900$325/sqft
    Source: ECAOR #955357 Report a problem
    11/8/2024Price change$239,9000%$325/sqft
    Source: ECAOR #955357 Report a problem
    7/23/2024Listed for sale$240,000+50%$325/sqft
    Source: ECAOR #955357 Report a problem
    5/14/2024Sold$160,000-15.3%$217/sqft
    Source: ECAOR #946176 Report a problem
    4/23/2024Pending sale$189,000$256/sqft
    Source: ECAOR #946176 Report a problem
    4/1/2024Listed for sale$189,000+160.7%$256/sqft
    Source: ECAOR #946176 Report a problem
    6/5/2014Sold$72,500-9.3%$98/sqft
    Source: ECAOR #610479 Report a problem
    3/12/2014Price change$79,900-4.9%$108/sqft
    Source: Southern Choice Properties LLC #610479 Report a problem
    3/4/2014Listed for sale$84,000+64.7%$114/sqft
    Source: Southern Choice Properties LLC #610479 Report a problem
    4/5/2013Sold$51,000-4.7%$69/sqft
    Source: Public Record Report a problem
    1/17/2013Listed for sale$53,500+3.9%$72/sqft
    Source: Destin Real Estate Company #589446 Report a problem
    8/12/2012Listing removed$900$1/sqft
    Source: Gulf Terrace Condominium Association Report a problem
    4/4/2012Listed for rent$900$1/sqft
    Source: Gulf Terrace Condominium Association Report a problem
    4/4/2012Listing removed$51,500$70/sqft
    Source: RE/MAX Southern Realty #544963 Report a problem
    2/4/2012Price change$51,500-5.5%$70/sqft
    Source: RE/MAX Southern Realty #544963 Report a problem
    1/27/2012Price change$54,500-3.5%$74/sqft
    Source: RE/MAX SOUTHERN REALTY #544963 Report a problem
    1/8/2012Price change$56,500-3.4%$77/sqft
    Source: RE/MAX SOUTHERN REALTY #544963 Report a problem
    12/3/2011Price change$58,500-0.8%$79/sqft
    Source: RE/MAX SOUTHERN REALTY #544963 Report a problem
    12/10/2010Listed for sale$59,000-9.2%$80/sqft
    Source: RE/MAX Southern Realty #544963 Report a problem
    10/10/2002Sold$65,000$88/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,563 -34%$132,000 -34%
    2024$2,369 +317.3%$200,000 +132.4%
    2023$568 +4.4%$86,061 +3%
    2022$544 +1.6%$83,554 +3%
    2021$535 +1.7%$81,120 +1.4%
    2020$526 -1.8%$80,000
    2019$536 -34.8%$80,000 +25%
    2018$821 $64,000 +8.5%
    2017$821 +7.3%$59,000 +7.3%
    2016$765 +9.1%$55,000 +14.6%
    2015$701 +10.2%$48,000 +9.1%
    2014$636 $44,000 +7.3%
    2013-- $41,000 +3.8%
    2012-- $39,500 -3.7%
    2011-- $41,000 -12.8%
    2010-- $47,000 -10.5%
    2009-- $52,500 -26.1%
    2008-- $71,000 -36%
    2007-- $111,000 -27.5%
    2006-- $153,000 +63.6%
    2005-- $93,500 +83.3%
    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: 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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