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Off market
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  • $179,300

    4000 Gulf Terrace Dr Unit 229, Destin, FL 32541

    1beds
    1baths
    762sqft
    Condo
    Built in 1976
    -- sqft lot
    $179,300 Zestimate®
    $235/sqft
    $1,839 Estimated rent

    Home value

    $179,300

    $160,000 - $201,000

    $1,839/mo

    Zestimate® history
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    Owner options

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    $1,839/mo

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    $1,839/mo

    Rent Zestimate®

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    $2,193/mo

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    $2,193/mo

    Est. payment

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    What's special

    Why rent when you can own at this price? Where else in the country can you own across the street from the beach for less than $90,000? Own a slice of Destin paradise at Gulf Terrace in this top floor lake front condo; a great starter home or a great investment property with cash flow potential. 38 units have sold for more than this list price, all the way up to $199,900! In addition to the great, central location, Gulf Terrace offers great amenities including: 3 pools, tennis courts, boat and RV storage, on-site rental manager and a catch and release lake. Recent building improvements include new roof and siding.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Interior area
    • Total interior livable area: 762 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • On waterfront: Yes
    Lot
    • Size: 18.65 Acres
    Details
    • Parcel number: 002S22109502290000

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1976

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $963 monthly
    Location
    • Region: Destin

    Financial & listing details

    • Price per square foot: $235/sqft
    • Tax assessed value: $165,000
    • Annual tax amount: $1,954

    Price history

    DateEventPrice
    3/15/2022Sold$215,000$282/sqft
    Source: ECAOR #885207 Report a problem
    11/4/2021Pending sale$215,000+139.2%$282/sqft
    Source: ECAOR #885207 Report a problem
    4/5/2008Listing removed$89,900$118/sqft
    Source: Keller Williams Realty #476678 Report a problem
    3/9/2008Listed for sale$89,900+8.3%$118/sqft
    Source: Keller Williams Realty #476678 Report a problem
    12/3/2007Sold$83,000+42.6%$109/sqft
    Source: Public Record Report a problem
    8/6/2003Sold$58,200$76/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 -3.3%$200,000 -2.4%
    2023$2,449 +81.3%$205,000 +57.7%
    2022$1,351 +18.5%$130,000 +35.4%
    2021$1,139 +13.9%$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 +13.6%
    2003-- $44,902 +2.4%
    2002-- $43,850 +1.6%
    2001-- $43,159
    Find assessor info on the county website

    Neighborhood: 32541

    Nearby schools

    GreatSchools rating
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    $179,300
    2% more
    +$3,586
    With Zillow Showcase(estimated)
    $182,886