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Sold for $160,000
  • $160,000

    4000 Gulf Terrace Dr Unit 274, Destin, FL 32541

    1beds
    738sqft
    Condominium
    Built in 1973
    -- sqft lot
    $159,600 Zestimate®
    $217/sqft
    $1,835 Estimated rent

    Home value

    $159,600

    $145,000 - $176,000

    $1,835/mo

    Zestimate® history
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    What's special

    Affordable Destin condo with low HOA and central location. An ideal project for buyers looking to renovate, with pricing that reflects the work needed. One of the few properties where all rental types are allowed and pets. Primary residence or investment property. Complex is gated community, free parking includes electric car charging stations and resort like amenities: 3 new swimming pools, lake, tennis/pickle ball court and homeowners club house. Centrally located to all Destin's attractions, restaurants, shopping, entertainment, beach access 0.8 miles away. All measurements are approximate and to be verified by buyer. All information to be verified by buyer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alina Jackson 850-533-7885,

    Waves of the Emerald Coast Realty LLC

    Bought with:

    Alina Jackson, 3475596

    Waves of the Emerald Coast Realty LLC

    Source: ECAOR,MLS#: 978317MLS Logo

    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: 48 Square Feet
    • Dimensions: 6 x 8
    Living room
    • Level: First
    • Area: 192 Square Feet
    • Dimensions: 12 x 16
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Refrigerator, Electric Water Heater
    • Laundry: Common Area
    Features
    • Flooring: Carpet
    Interior area
    • Total structure area: 738
    • Total interior livable area: 738 sqft

    Property

    Features
    • Exterior features: Outdoor Grill, Balcony, 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: 002S22109500000274

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Frame, Vinyl Siding, Trim Vinyl
    • Roof: Flat,Metal,Shake
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: BBQ Pit/Grill, Community Room, Dumpster, Fishing, Gated, Tennis Court(s), Waterfront, Pickleball, Short Term Rental - Allowed
    • 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: $217/sqft
    • Tax assessed value: $165,000
    • Annual tax amount: $1,833
    • Date on market: 6/9/2025

    Price history

    DateEventPrice
    7/23/2025Sold$160,000-5.3%$217/sqft
    Source: ECAOR #978317 Report a problem
    6/9/2025Pending sale$169,000$229/sqft
    Source: ECAOR #978317 Report a problem
    6/9/2025Listed for sale$169,000+55%$229/sqft
    Source: ECAOR #978317 Report a problem
    4/13/2018Listing removed$109,000$148/sqft
    Source: Sea Coast Realty Group Inc #784206 Report a problem
    1/29/2018Price change$109,000+14.9%$148/sqft
    Source: Sea Coast Realty Group Inc #784206 Report a problem
    10/2/2017Listed for sale$94,900+28.2%$129/sqft
    Source: Sea Coast Realty Group Inc #784206 Report a problem
    5/23/2015Sold$74,000-12.9%$100/sqft
    Source: ECAOR #719693 Report a problem
    1/10/2015Listed for sale$85,000+41.9%$115/sqft
    Source: ELITE REAL ESTATE SERVICES OF NWFL, LLC #719693 Report a problem
    8/13/2009Sold$59,900-1.8%$81/sqft
    Source: Public Record Report a problem
    3/14/2002Sold$61,000+52.5%$83/sqft
    Source: Public Record Report a problem
    4/11/2001Sold$40,000-24.5%$54/sqft
    Source: Public Record Report a problem
    12/28/2000Sold$53,000$72/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,719 -6.2%$128,615 +10%
    2024$1,832 +1.2%$116,923 -43%
    2023$1,810 +34%$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 +5.9%$57,000 +33.6%
    2015$740 +216.5%$42,661 +0.8%
    2014$234 $42,322 +1.5%
    2013-- $41,697 +1.7%
    2012-- $41,000 -6.8%
    2011-- $44,000 -12%
    2010-- $50,000 -9.1%
    2009-- $55,000 -22.5%
    2008-- $71,000 +35.8%
    2007-- $52,302 +2.5%
    2006-- $51,026 +3%
    2005-- $49,540 +3%
    2004-- $48,097 +1.9%
    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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    $162,792