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For sale
    • $250,000

    4000 Gulf Terrace Dr Unit 2005, Destin, FL 32541

    2beds
    982sqft
    : 
    $1,615/mo
    Get pre-qualified
    Condominium
    Built in 1973
    -- sqft lot
    $234,100 Zestimate®
    $255/sqft
    $-- HOA

    What's special

    Free parkingLaundry roomEv chargersPicnic tablesDog parkClean and spaciousMaintained green areas
    Rare Find 2 Bedrooms 2 Bathrooms (full size) + Laundry Room. Gulf Terrace Condominium 0.8 miles to public beach access. Remodeled, Clean and Spacious! Both Tourists & Locals Love the Convenient Location. Short Term rentals Allowed, Active Airbnb! Furniture included. Community Features: Free Parking, Gated Entrances from HWY 98 and Airport Rd, Access to 3 swimming pools, Tennis/Pickleball court, Dog Park, EV chargers, maintained green areas, picnic tables & a lake. HOA Coverage: building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates. Owner pays Electric Only. Active Airbnb & Gated Community contact agent for showing schedule and access instructions.
    124 days
    |
    661
    |
    52
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alina Jackson 850-533-7885,

    Waves of the Emerald Coast Realty LLC

    Source: ECAOR,MLS#: 998893MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      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: 64 Square Feet
      • Dimensions: 8 x 8
      Living room
      • Level: First
      • Area: 252 Square Feet
      • Dimensions: 18 x 14
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Electric Water Heater
      • Laundry: Common Area, Washer/Dryer Hookup
      Features
      • Breakfast Bar, Owner's Closet, Pantry
      • Flooring: Tile
      • Windows: Window Treatments
      Interior area
      • Total structure area: 982
      • Total interior livable area: 982 sqft

      Property

      Features
      • Exterior features: Outdoor Grill, Sprinkler System, Tennis Court(s), Rain Gutters
      • Pool features: In Ground
      • On waterfront: Yes
      Details
      • Parcel number: 002S22109500002005

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block, Frame, Vinyl Siding
      • Roof: Flat,Metal
      Condition
      • Construction Complete,Renovated
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Dumpster, Gated, Pavillion/Gazebo, Picnic Area, Pool, TV Cable, Tennis Court(s), Waterfront, Pickleball, Short Term Rental - Allowed
      • Security: Smoke Detector(s)
      • Subdivision: GULF TERRACE CONDO
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Insurance, Management, Utilities, Security, Sewer, Trash, Water, Internet
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $255/sqft
      • Tax assessed value: $215,000
      • Annual tax amount: $2,546
      • Date on market: 3/25/2026

        Estimated market value

        $234,100

        $222,000 - $246,000

        $2,205/mo

        Price history

        DateEventPrice
        3/25/2026Listed for sale$250,000+51.5%$255/sqft
        Source: ECAOR #998893 Report a problem
        4/21/2021Sold$165,000+27.9%$168/sqft
        Source: ECAOR #864212 Report a problem
        8/11/2020Sold$129,000$131/sqft
        Source: ECAOR #850127 Report a problem
        7/6/2020Listed for sale$129,000-40%$131/sqft
        Source: Sea Coast Realty Group Inc #850127 Report a problem
        7/22/2005Sold$215,000+207.1%$219/sqft
        Source: Public Record Report a problem
        4/2/2002Sold$70,000$71/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,546 -0.8%$215,000 +4.5%
        2024$2,568 +0.6%$205,700 -16%
        2023$2,552 +24.6%$245,000 +44.1%
        2022$2,049 +50%$170,000 +54.5%
        2021$1,366 +21.3%$110,000 +22.2%
        2020$1,126 +6%$90,000 +5.9%
        2019$1,062 +10.3%$85,000 +13.3%
        2018$963 $75,000 +4.2%
        2017$963 +2.3%$72,000 +2.9%
        2016$941 +4%$70,000 +11.1%
        2015$905 +8.4%$63,000 +6.8%
        2014$835 $59,000 +7.3%
        2013-- $55,000 +3.8%
        2012-- $53,000 -1.9%
        2011-- $54,000 -14.3%
        2010-- $63,000 -10.6%
        2009-- $70,500 -25%
        2008-- $94,000 -36.1%
        2007-- $147,000 -21.4%
        2006-- $187,000 +58.5%
        2005-- $118,000 +87.3%
        2004-- $63,000 +8.4%
        2003-- $58,100 +1.9%
        2002-- $57,000
        2001-- $57,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32541

        Getting around

        48 / 100
        Car-Dependent
        45 / 100
        Somewhat Bikeable

        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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