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For sale
  • $267,500

    4000 Gulf Terrace Dr Unit 2008, Destin, FL 32541

    2beds
    982sqft
    : 
    $1,729/mo
    Get pre-qualified
    Condominium
    Built in 1973
    -- sqft lot
    $-- Zestimate®
    $272/sqft
    $-- HOA

    What's special

    Pet-friendly condoPrivate balconyTennis courtsBbq grillsBreakfast barTwo well-appointed bedroomsDining area seats four
    Extremely motivated seller! $2000.00 Buyer credit with acceptable offer! Price reduction! Don't miss out! Seller is entertaining all offers!! Bring an offer! Also new charging stations and on site security staff. This Updated & Charming Gulf Terrace Condo is The Ultimate Beach Getaway! Welcome to your perfect beach retreat! This charming and pet-friendly condo, nestled within the gated Gulf Terrace community, comfortably accommodates up to six guests and offers an unbeatable blend of comfort, convenience, and coastal charm. Gulf Terrace has recently introduced exciting updates, including a refreshed clubhouse, a game room, and eye-catching entrance signage. Residents enjoy a wealth of amenities, such as three sparkling pools (one heated seasonally), tennis courts, BBQ grills, boat/ trailer parking, and the tranquil Turtle Lake. Step inside to find a bright and inviting living space featuring a spacious sectional ideal for unwinding after a day of exploring Destin. The dining area seats four, perfect for meals or game nights, while stylish and low-maintenance LVP flooring enhances the modern appeal throughout. The thoughtfully designed floor plan includes two well-appointed bedrooms and a full bathroom with dual entrances for added convenience. The fully equipped kitchen boasts stainless steel appliances, ample cabinetry, and a breakfast bar whether you're preparing quick snacks or gourmet dinners, this space makes it effortless. Step out onto the private balcony to enjoy your morning coffee or relax in the evening while overlooking lush green space and the nearby pool. Perfectly situated within a gated community near Big Kahuna's Water Park, premier shopping, dining, and just a short drive from the pristine beaches of Destin, this condo's location is second to none. Whether you're seeking a vacation rental, a long-term investment, or a primary residence, this property offers outstanding potential. Plus, its proximity to Harbor Walk Village, amusement parks, and world-class fishing ensures endless entertainment. Don't miss this opportunity to own your own slice of paradise in Destin. Schedule your private tour today!
    561 days
    |
    129
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Paige L Peterson 850-259-0643,

    Compass

    Source: ECAOR,MLS#: 966119MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: First
      • Area: 156 Square Feet
      • Dimensions: 12 x 13
      Bedroom
      • Level: First
      • Area: 121 Square Feet
      • Dimensions: 11 x 11
      Bathroom
      • Level: First
      • Area: 64 Square Feet
      • Dimensions: 8 x 8
      Living room
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 14 x 12
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer
      Features
      • Breakfast Bar, Recessed Lighting, Newly Painted, Pantry
      • Flooring: Tile, Vinyl
      • Furnished: Yes
      Interior area
      • Total structure area: 982
      • Total interior livable area: 982 sqft

      Property

      Features
      • Exterior features: Balcony
      Details
      • Parcel number: 002S22109500002008

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Condition
      • Construction Complete,Renovated
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Fitness Center, Fishing, Gated, Pool, TV Cable, Tennis Court(s), Pickleball, Short Term Rental - Allowed
      • Security: Smoke Detector(s)
      • Subdivision: GULF TERRACE CONDO
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Insurance, Management, Recreational Faclty, Cable TV, Trash, Water
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $272/sqft
      • Tax assessed value: $215,000
      • Annual tax amount: $2,546
      • Date on market: 1/4/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,213/mo

        Price history

        DateEventPrice
        3/13/2026Price change$267,500-0.2%$272/sqft
        Source: ECAOR #966119 Report a problem
        1/3/2026Price change$268,000-3.9%$273/sqft
        Source: ECAOR #966119 Report a problem
        10/18/2025Price change$278,900-0.4%$284/sqft
        Source: ECAOR #966119 Report a problem
        9/17/2025Price change$279,900-1.8%$285/sqft
        Source: ECAOR #966119 Report a problem
        7/11/2025Price change$284,900-1.7%$290/sqft
        Source: ECAOR #966119 Report a problem
        6/14/2025Price change$289,900-1.7%$295/sqft
        Source: ECAOR #966119 Report a problem
        3/21/2025Price change$294,900-1.4%$300/sqft
        Source: ECAOR #966119 Report a problem
        1/10/2025Listed for sale$299,000+1%$304/sqft
        Source: ECAOR #966119 Report a problem
        4/5/2024Sold$296,000+0.3%$301/sqft
        Source: CPAR #752327 Report a problem
        3/28/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/15/2024Pending sale$295,000$300/sqft
        Source: ECAOR #941731 Report a problem
        2/15/2024Contingent$295,000$300/sqft
        Source: CPAR #752327 Report a problem
        2/4/2024Listed for sale$295,000+19.4%$300/sqft
        Source: CPAR #752327 Report a problem
        1/21/2024Price change$2,149-4.4%$2/sqft
        Source: Zillow Rentals Report a problem
        12/20/2023Listed for rent$2,249+2.3%$2/sqft
        Source: Zillow Rentals Report a problem
        7/30/2023Listing removed--
        Source: Zillow Rentals Report a problem
        7/9/2023Listed for rent$2,199$2/sqft
        Source: Zillow Rentals Report a problem
        6/29/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/11/2023Listed for rent$2,199-4.3%$2/sqft
        Source: Zillow Rentals Report a problem
        10/18/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        8/29/2022Price change$2,299-11.5%$2/sqft
        Source: Zillow Rental Manager Report a problem
        8/26/2022Listed for rent$2,599$3/sqft
        Source: Zillow Rental Manager Report a problem
        2/25/2022Sold$247,000-10.2%$252/sqft
        Source: CPAR #722881 Report a problem
        1/24/2022Pending sale$274,999$280/sqft
        Source: ECAOR #889473 Report a problem
        1/21/2022Listed for sale$274,999+195.7%$280/sqft
        Source: ECAOR #889473 Report a problem
        3/7/2018Sold$93,000+3.4%$95/sqft
        Source: Public Record Report a problem
        2/2/2018Listed for sale$89,900$92/sqft
        Source: RE/MAX Southern Realty #791001 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,546 -6.5%$215,000 -6.5%
        2024$2,725 -6.9%$230,000 -6.1%
        2023$2,927 +77%$245,000 +44.1%
        2022$1,653 +27.7%$170,000 +54.5%
        2021$1,295 +15%$110,000 +22.2%
        2020$1,126 +4.4%$90,000 +5.9%
        2019$1,078 +12%$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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32541

        Getting around

        50 / 100
        Car-Dependent
        49 / 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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