Black Friday Deal!! Huge Price Reduction AND Seller offering up to $10,000 in closing costs. Whether you're looking for a smart investment or a personal beach retreat, this well-maintained 2-bedroom, 2-bath condo in the heart of Destin checks all the boxes. Located in the gated community of Gulf Terrace, this top-floor unit offers 1,100 sq ft of bright, functional living space with a few tasteful updates already in place—newer appliances, refreshed flooring, and modern light fixtures.
The open layout and split-bedroom design make it ideal for vacation rental income, long-term tenants, or weekend getaways. Enjoy the ease of central HVAC, ceiling fans, and a washer/dryer inside the unit.
Gulf Terrace is a gated community known for its strong rental demand and amenity-rich lifestyle, offering three swimming pools, tennis courts, BBQ grilling areas, a community room, and
Sold for $235,000
$235,000
4000 Gulf Terrace Dr Unit 2007, Destin, FL 32541
2beds
1,100sqft
Condominium
Built in 1973
-- sqft lot
$235,100 Zestimate®
$214/sqft
$2,263 Estimated rent
Home value
$235,100
$202,000 - $270,000
$2,263/mo
Zestimate® history
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$2,263/mo
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$1,626/mo
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List your homeWhat's special
Gated communityModern light fixturesThree swimming poolsTennis courtsCommunity roomSplit-bedroom designRefreshed flooring
Zillow last checked:
Listing updated:
Listed by:
Kristopher S Laidlaw 850-276-8308,
AIM Realty of the Emerald Coast LLC
Bought with:
Brian D Burgett, 3487475
Dream Destin Realty PLLC
Source: ECAOR,MLS#: 980446
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom
- Level: First
- Area: 132 Square Feet
- Dimensions: 12 x 11
Bathroom
- Level: First
- Area: 72 Square Feet
- Dimensions: 9 x 8
Bathroom
- Level: First
- Area: 30 Square Feet
- Dimensions: 6 x 5
Dining room
- Level: First
- Area: 60 Square Feet
- Dimensions: 10 x 6
Kitchen
- Level: First
- Area: 72 Square Feet
- Dimensions: 9 x 8
Living room
- Level: First
- Area: 252 Square Feet
- Dimensions: 18 x 14
Utility room
- Level: First
- Area: 36 Square Feet
- Dimensions: 6 x 6
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Microwave, Refrigerator, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar
- Furnished: Yes
Interior area
- Total structure area: 1,100
- Total interior livable area: 1,100 sqft
Property
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front
Details
- Parcel number: 002S22109500002007
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Construction Complete
- New construction: No
- Year built: 1973
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Community Room, Dock, 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, Legal, Cable TV, Trash, Internet
Location
- Region: Destin
Financial & listing details
- Price per square foot: $214/sqft
- Tax assessed value: $215,000
- Annual tax amount: $2,546
- Date on market: 7/8/2025
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Sold | $235,000$214/sqft |
Source:  ECAOR #980446 Report a problem | ||
| 12/14/2025 | Pending sale | $235,000$214/sqft |
Source: ECAOR #980446 Report a problem | ||
| 11/28/2025 | Price change | $235,000-16.1%$214/sqft |
Source: ECAOR #980446 Report a problem | ||
| 7/8/2025 | Listed for sale | $280,000$255/sqft |
Source: ECAOR #980446 Report a problem | ||
| 1/26/2024 | Sold | $280,000-3.3%$255/sqft |
Source: ECAOR #922877 Report a problem | ||
| 12/6/2023 | Pending sale | $289,600$263/sqft |
Source: ECAOR #922877 Report a problem | ||
| 10/26/2023 | Price change | $289,600-3.3%$263/sqft |
Source: ECAOR #922877 Report a problem | ||
| 9/8/2023 | Price change | $299,600-0.3%$272/sqft |
Source: ECAOR #922877 Report a problem | ||
| 7/7/2023 | Price change | $300,600-3%$273/sqft |
Source: ECAOR #922877 Report a problem | ||
| 5/9/2023 | Listed for sale | $309,900+24%$282/sqft |
Source: ECAOR #922877 Report a problem | ||
| 12/28/2021 | Sold | $250,000-16.4%$227/sqft |
Source: Public Record Report a problem | ||
| 11/15/2021 | Pending sale | $299,000$272/sqft |
Source: ECAOR #884073 Report a problem | ||
| 11/5/2021 | Listed for sale | $299,000$272/sqft |
Source: ECAOR #884073 Report a problem | ||
| 11/3/2021 | Pending sale | $299,000$272/sqft |
Source: ECAOR #884073 Report a problem | ||
| 10/18/2021 | Listed for sale | $299,000+121.5%$272/sqft |
Source: ECAOR #884073 Report a problem | ||
| 10/22/2019 | Sold | $135,000-3.5%$123/sqft |
Source: Public Record Report a problem | ||
| 9/2/2019 | Pending sale | $139,900$127/sqft |
Source: Better Homes and Gardens Real Estate Emerald Coast #830438 Report a problem | ||
| 8/30/2019 | Listed for sale | $139,900+115.2%$127/sqft |
Source: Better Homes and Gardens Real Estate Emerald Coast #830438 Report a problem | ||
| 6/24/2010 | Sold | $65,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,546 -6.5% | $215,000 -6.5% |
| 2024 | $2,725 -0.3% | $230,000 -6.1% |
| 2023 | $2,733 +16% | $245,000 +25.3% |
| 2022 | $2,356 +65.4% | $195,500 +61.6% |
| 2021 | $1,424 +15% | $121,000 +22.2% |
| 2020 | $1,239 +16.6% | $99,000 +16.5% |
| 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 +8.9% |
| 2010 | -- | $49,591 +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: 1.7 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 2.7 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 10.4 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 2007
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