Lake Views in Destin just 0.8 miles from beach access. High Performing Condo 1 Bedroom,1 Bath. Completely rebuilt from the studs up with European-inspired design and a clean, minimalist aesthetic. Exceptionally well maintained and sold fully turnkey. Features include new windows, copper electrical, updated tile flooring, a beautifully tiled shower, and many additional upgrades throughout. Must see to truly appreciate! Located on the 2nd floor. Can be used as investment, second home or primary residence. Active rental on Airbnb with proven record. Tourists Love the Place and the amenities that are available in the complex. Gulf Terrace is a Pet Friendly Community, Free Parking, No Flood Zone, NO RENTAL RESTRICTIONS! Community Features: two gated entrances from HWY 98 and Airport Rd, Access to 3 swimming pools, Tennis/Pickleball court, Dog Park, EV chargers, maintained green areas, picnic tables & a lake. HOA Includes: building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates. Owner pays Electric Only.
Rare investor opportunity: seller is offering next-door Units 233 & 235 as a unique income-producing investment opportunity. Own side-by-side condos in a prime location with exceptional rental potential and flexibility. Contact listing agent for details and investment inquiries.
Sold for $240,000
Zestimate®
$240,000
4000 Gulf Terrace Dr Unit 233, Destin, FL 32541
1beds
738sqft
Condominium
Built in 1973
-- sqft lot
$240,000 Zestimate®
$325/sqft
$1,869 Estimated rent
Home value
$240,000
$223,000 - $257,000
$1,869/mo
Zestimate® history
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List your homeWhat's special
Lake viewsClean minimalist aestheticEv chargersPicnic tablesDog parkNew windowsEuropean-inspired design
Zillow last checked:
Listing updated:
Listed by:
Alina Jackson 850-533-7885,
Waves of the Emerald Coast Realty LLC
Bought with:
Simona M Ghile, 3429422
Acasa Realty LLC
Source: ECAOR,MLS#: 1003697
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
- Area: 144 Square Feet
- Dimensions: 12 x 12
Kitchen
- Level: First
- Area: 144 Square Feet
- Dimensions: 12 x 12
Laundry
- Level: First
- Area: 30 Square Feet
- Dimensions: 6 x 5
Living room
- Level: First
- Area: 243 Square Feet
- Dimensions: 18 x 13.5
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Electric Water Heater
- Laundry: Common Area, Washer/Dryer Hookup
Features
- Breakfast Bar, Kitchen Island, Owner's Closet
- Flooring: Tile
- Windows: Window Treatments
- Furnished: Yes
Interior area
- Total structure area: 738
- Total interior livable area: 738 sqft
Property
Features
- Exterior features: Outdoor Grill, Sprinkler System, Tennis Court(s), Rain Gutters
- Pool features: In Ground
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front
Details
- Parcel number: 002S22109502330000
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Frame, Vinyl Siding
- Roof: Flat,Metal
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 1973
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Dumpster, Gated, Pavillion/Gazebo, Picnic Area, Pool, TV Cable, Tennis Court(s), Waterfront, Pickleball, Short Term Rental - Allowed
- Security: Smoke Detector(s)
- Subdivision: GULF TERRACE CONDO
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Insurance, Security, Sewer, Trash, Water, Internet
Location
- Region: Destin
Financial & listing details
- Price per square foot: $325/sqft
- Tax assessed value: $165,000
- Annual tax amount: $1,724
- Date on market: 5/22/2026
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Sold | $240,000-4%$325/sqft |
Source:  ECAOR #1003697 Report a problem | ||
| 6/4/2026 | Pending sale | $250,000$339/sqft |
Source: ECAOR #1003697 Report a problem | ||
| 5/22/2026 | Listed for sale | $250,000+120.3%$339/sqft |
Source: ECAOR #1003697 Report a problem | ||
| 11/23/2020 | Sold | $113,500-40.2%$154/sqft |
Source: Public Record Report a problem | ||
| 5/2/2005 | Sold | $189,900+107.8%$257/sqft |
Source: Public Record Report a problem | ||
| 2/4/2004 | Sold | $91,400+52.3%$124/sqft |
Source: Public Record Report a problem | ||
| 11/22/2002 | Sold | $60,000$81/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,796 -5.6% | $140,554 +10% |
| 2024 | $1,902 +1.5% | $127,776 -37.7% |
| 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 +94.4% |
| 2004 | -- | $48,097 +1.9% |
| 2003 | -- | $47,200 +1.9% |
| 2002 | -- | $46,300 +28.9% |
| 2001 | -- | $35,914 |
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 233
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