Great opportunity to own a condo in the Heart of Destin! Has 3 Pools, Tennis Courts, and other easy access amenities! This condo faces the Large Pond for relaxing times on your private patio! You could use as a long term or short term investment, perfect for a 1st time rental investor or a 2nd property to come and chill at the beautiful Destin Beaches! This unit will need your personal touches and TLC! Offers Washer/Dryer, Island in Kitchen, and the Large TV will Convey! Your vison can turn this condo into a perfect property for multiple uses! Have a boat or trailer not to worry there is parking permits available!
Sold for $135,000
$135,000
4000 Gulf Terrace Dr Unit 227, Destin, FL 32541
1beds
738sqft
Condominium
Built in 1973
-- sqft lot
$157,100 Zestimate®
$183/sqft
$1,869 Estimated rent
Home value
$157,100
$130,000 - $187,000
$1,869/mo
Zestimate® history
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List your homeWhat's special
Private patioLarge pondIsland in kitchen
Zillow last checked:
Listing updated:
Listed by:
Mary Ann Troiano,
Destin Luxury Real Estate and Rental
Bought with:
Simona M Ghile, 3429422
Acasa Realty LLC
Source: ECAOR,MLS#: 989229
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
- Area: 64 Square Feet
- Dimensions: 8 x 8
Kitchen
- Level: First
- Area: 132 Square Feet
- Dimensions: 12 x 11
Living room
- Level: First
- Area: 187 Square Feet
- Dimensions: 17 x 11
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Laundry: Common Area, Washer/Dryer Hookup
Features
- Kitchen Island
- Flooring: Vinyl
Interior area
- Total structure area: 738
- Total interior livable area: 738 sqft
Property
Features
- Patio & porch: Covered, Patio
- Has view: Yes
- View description: Pond
- Has water view: Yes
- Water view: Pond
- Waterfront features: Pond
Details
- Parcel number: Parcel ID 002S22109502270000
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, Dumpster, Gated, Pavillion/Gazebo, Picnic Area, Playground, Pool, TV Cable, Tennis Court(s), Short Term Rental - Allowed
- Security: Smoke Detector(s)
- Subdivision: GULF TERRACE CONDO
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Legal, Management, Utilities, Security, Sewer, Cable TV, Trash, Water
Location
- Region: Destin
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $165,000
- Annual tax amount: $541
- Date on market: 11/8/2025
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Sold | $135,000-6.8%$183/sqft |
Source:  ECAOR #989229 Report a problem | ||
| 11/10/2025 | Pending sale | $144,900$196/sqft |
Source: ECAOR #989229 Report a problem | ||
| 11/8/2025 | Listed for sale | $144,900+47.9%$196/sqft |
Source: ECAOR #989229 Report a problem | ||
| 5/9/2017 | Sold | $98,000-6.7%$133/sqft |
Source: Public Record Report a problem | ||
| 4/24/2017 | Listed for sale | $105,000+31.3%$142/sqft |
Source: The Premier Property Group #774080 Report a problem | ||
| 4/15/2014 | Sold | $80,000-10.1%$108/sqft |
Source: ECAOR #607953 Report a problem | ||
| 3/4/2014 | Listed for sale | $89,000+25.5%$121/sqft |
Source: REAL ESTATE MARKET INC #607953 Report a problem | ||
| 2/15/2008 | Sold | $70,900+21.2%$96/sqft |
Source: Public Record Report a problem | ||
| 3/7/2003 | Sold | $58,500$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $541 +4.5% | $84,719 +2.9% |
| 2024 | $517 +4.6% | $82,331 +3% |
| 2023 | $495 +4.7% | $79,933 +3% |
| 2022 | $472 +1.9% | $77,605 +3% |
| 2021 | $463 +0.8% | $75,345 +1.4% |
| 2020 | $459 +0.4% | $74,305 +2.3% |
| 2019 | $458 +0.3% | $72,634 +1.9% |
| 2018 | $456 | $71,280 +28.4% |
| 2017 | $456 +25.7% | $55,520 +2.1% |
| 2016 | $363 +2.3% | $54,378 +0.7% |
| 2015 | $355 -1.5% | $54,000 +8.7% |
| 2014 | $360 | $49,680 +16.9% |
| 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
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Nearby schools
GreatSchools rating
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 1.8 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 2.6 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 10.5 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 227
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