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Sold for $240,000
  • $240,000

    4000 Gulf Terrace Dr Unit 219, Destin, FL 32541

    1beds
    850sqft
    Condominium
    Built in 1976
    -- sqft lot
    $204,100 Zestimate®
    $282/sqft
    $1,934 Estimated rent

    Home value

    $204,100

    $184,000 - $227,000

    $1,934/mo

    Zestimate® history
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    What's special

    Air bnbSpacious lake front unitGranite counter topsFresh paint throughoutLvp flooringUnit washerUpdated bathroom
    Lovely views from this spacious lake front unit in the heart of Destin. The closeness to the beaches and community amenities make this unit perfect for short or long term rental, Air bnb or primary residence. Gulf terrace condominium is located within a few minutes to the white sand beaches and offers 3 community pools, tennis courts, a community room and picnic/ grill areas throughout the property. This second floor unit offers updated kitchen with granite counter tops and stainless still appliances , fresh paint throughout, LVP flooring and updated bathroom with a walk in shower and in unit washer and drier hook up. Unit 219 is conveniently located by the the main pool and gate entrance and has a lovely view of the lake. Lots of natural light through the living room. This unit has never been a vacation rental, however similar units have been reported to make more than 48k annually. Easy to show.

    Zillow last checked:

    Listing updated:

    Listed by:

    Vasilena Muerova 850-368-5553,

    World Impact Real Estate

    Bought with:

    Vasilena Muerova, 3290343

    World Impact Real Estate

    Source: ECAOR,MLS#: 913431MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: First
    • Area: 132 Square Feet
    • Dimensions: 11 x 12
    Kitchen
    • Level: First
    • Area: 108 Square Feet
    • Dimensions: 9 x 12
    Living room
    • Level: First
    • Area: 216 Square Feet
    • Dimensions: 12 x 18
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater
    Features
    • Flooring: Vinyl
    Interior area
    • Total structure area: 850
    • Total interior livable area: 850 sqft

    Property

    Features
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    Details
    • Parcel number: 002S22109502190000

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 1976

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: BBQ Pit/Grill, Community Room, Dumpster, Picnic Area, Pool, Tennis Court(s)
    • Subdivision: GULF TERRACE CONDO
    HOA
    • Has HOA: Yes
    • Services included: Insurance, Management, Recreational Faclty, Cable TV, Trash, Internet
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $282/sqft
    • Tax assessed value: $165,000
    • Annual tax amount: $1,954
    • Date on market: 12/14/2022

    Price history

    DateEventPrice
    7/27/2023Sold$240,000-10.9%$282/sqft
    Source: ECAOR #913431 Report a problem
    6/13/2023Pending sale$269,500$317/sqft
    Source: ECAOR #913431 Report a problem
    5/31/2023Price change$269,500-0.1%$317/sqft
    Source: ECAOR #913431 Report a problem
    4/4/2023Price change$269,900-0.4%$318/sqft
    Source: ECAOR #913431 Report a problem
    3/28/2023Price change$271,000-0.4%$319/sqft
    Source: ECAOR #913431 Report a problem
    3/14/2023Price change$272,000-0.4%$320/sqft
    Source: ECAOR #913431 Report a problem
    3/7/2023Price change$273,000-0.4%$321/sqft
    Source: ECAOR #913431 Report a problem
    3/1/2023Price change$274,000-0.4%$322/sqft
    Source: ECAOR #913431 Report a problem
    2/17/2023Price change$275,000-1.8%$324/sqft
    Source: ECAOR #913431 Report a problem
    12/14/2022Listed for sale$280,000+185.7%$329/sqft
    Source: ECAOR #913431 Report a problem
    9/1/2020Sold$98,000+3.2%$115/sqft
    Source: ECAOR #853182 Report a problem
    9/12/2012Listing removed$900$1/sqft
    Source: Gulf Terrace Condominium Association Report a problem
    8/25/2012Listed for rent$900+9.1%$1/sqft
    Source: Gulf Terrace Condominium Association Report a problem
    3/10/2012Listing removed$825$1/sqft
    Source: Star Real Estate #572906 Report a problem
    3/1/2012Listed for rent$825-2.9%$1/sqft
    Source: Star Real Estate #572906 Report a problem
    1/3/2012Listing removed$850$1/sqft
    Source: Star Real Estate #568133 Report a problem
    11/30/2011Listed for rent$850$1/sqft
    Source: Star Real Estate #568133 Report a problem
    9/25/2011Listing removed$850$1/sqft
    Source: Star Real Estate #563629 Report a problem
    9/2/2011Listed for rent$850$1/sqft
    Source: Star Real Estate #563629 Report a problem
    8/31/2007Sold$95,000+75.9%$112/sqft
    Source: Public Record Report a problem
    9/11/2002Sold$54,000$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,954 -17.5%$165,000 -17.5%
    2024$2,369 +26.4%$200,000 -2.4%
    2023$1,874 +33%$205,000 +57.7%
    2022$1,409 +18.2%$130,000 +35.4%
    2021$1,192 +19.2%$96,000 +20%
    2020$1,000 +3.4%$80,000
    2019$967 +14.1%$80,000 +21.2%
    2018$847 $66,000 +10%
    2017$847 +8.1%$60,000 +5.3%
    2016$784 +7.7%$57,000 +14%
    2015$728 +9.9%$50,000 +8.7%
    2014$662 $46,000 +8.2%
    2013-- $42,500 +3.7%
    2012-- $41,000 -6.8%
    2011-- $44,000 -12%
    2010-- $50,000 -9.1%
    2009-- $55,000 -22.5%
    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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