2 Bedroom, 2 Full Bath Condominium in Gulf Terrace - Destin, FL
Turnkey investment opportunity just minutes from the beach! This beautifully renovated condominium offers a short walk to Destin's white-sand beaches and is perfectly positioned for short-term rental income.
Fully remodeled from top to bottom, the unit feels like new construction--featuring all-new electrical wiring, plumbing, HVAC system, sheetrock, insulation, water heater, and a new hurricane-rated patio sliding door. Every detail has been updated for durability, efficiency, and guest appeal.
Sold fully furnished with all contents included, this unit is completely move-in ready or can continue operating immediately as a revenue-generating short-term rental.
Disclaimer: All measurements to be verified by buyer.
For sale
$344,900
4000 Gulf Terrace Dr Unit 278, Destin, FL 32541
2beds
982sqft
:
Get pre-qualified$2,229/mo
Condominium
Built in 1973
-- sqft lot
$-- Zestimate®
$351/sqft
$-- HOA
What's special
Sold fully furnishedBeautifully renovated condominiumAll-new electrical wiring
- 117 days |
- 290 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Tatiana Bodiu 850-368-3042,
BodiuRealty LLC
Source: ECAOR,MLS#: 999967
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Area: 132 Square Feet
- Dimensions: 11 x 12
Bedroom
- Level: First
- Area: 132 Square Feet
- Dimensions: 11 x 12
Kitchen
- Level: First
- Area: 64 Square Feet
- Dimensions: 8 x 8
Living room
- Level: First
- Area: 252 Square Feet
- Dimensions: 18 x 14
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
- Laundry: Common Area, Washer/Dryer Hookup
Features
- Breakfast Bar, Owner's Closet, Pantry
- Flooring: Tile, Vinyl
- Windows: Window Treatments
- Furnished: Yes
Interior area
- Total structure area: 982
- Total interior livable area: 982 sqft
Video & virtual tour
Property
Features
- Exterior features: Outdoor Grill, Sprinkler System, Tennis Court(s), Rain Gutters
- Pool features: In Ground
- On waterfront: Yes
- Waterfront features: Lake Front
Details
- Parcel number: 002S22109500000278
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, Management, Utilities, Security, Sewer, Trash, Water, Internet
Location
- Region: Destin
Financial & listing details
- Price per square foot: $351/sqft
- Tax assessed value: $225,000
- Annual tax amount: $2,202
- Date on market: 4/6/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Listed for sale | $344,900+81.5%$351/sqft |
Source:  ECAOR #999967 Report a problem | ||
| 4/9/2025 | Sold | $190,000-7.3%$193/sqft |
Source: ECAOR #971724 Report a problem | ||
| 3/26/2025 | Pending sale | $205,000$209/sqft |
Source: ECAOR #971724 Report a problem | ||
| 3/21/2025 | Listed for sale | $205,000+75.2%$209/sqft |
Source: ECAOR #971724 Report a problem | ||
| 9/24/2018 | Sold | $117,000-2.4%$119/sqft |
Source: Public Record Report a problem | ||
| 8/1/2018 | Listed for sale | $119,900+39.4%$122/sqft |
Source: Key Realty Of The Emerald Coast #804407 Report a problem | ||
| 4/10/2014 | Sold | $86,000-54.7%$88/sqft |
Source: ECAOR #610854 Report a problem | ||
| 5/25/2008 | Listing removed | $189,900$193/sqft |
Source: Point2 #447126 Report a problem | ||
| 2/1/2008 | Listed for sale | $189,900+132.7%$193/sqft |
Source: Point2 #447126 Report a problem | ||
| 3/20/2003 | Sold | $81,600$83/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,202 -2.8% | $225,000 -2.2% |
| 2024 | $2,267 -0.9% | $230,000 |
| 2023 | $2,287 +43.2% | $230,000 +43.8% |
| 2022 | $1,597 +20.3% | $160,000 +38.5% |
| 2021 | $1,327 +17.9% | $115,500 +28.3% |
| 2020 | $1,126 +4.4% | $90,000 +5.9% |
| 2019 | $1,078 +9% | $85,000 +10.4% |
| 2018 | $989 | $77,000 +5.5% |
| 2017 | $989 +3.6% | $73,000 |
| 2016 | $954 +0.9% | $73,000 +10.6% |
| 2015 | $946 +8.2% | $66,000 +6.5% |
| 2014 | $874 | $62,000 +6.9% |
| 2013 | -- | $58,000 +3.6% |
| 2012 | -- | $56,000 -3.4% |
| 2011 | -- | $58,000 -13.4% |
| 2010 | -- | $67,000 -9.5% |
| 2009 | -- | $74,000 -21.3% |
| 2008 | -- | $94,000 -36.1% |
| 2007 | -- | $147,000 -21.4% |
| 2006 | -- | $187,000 +58.5% |
| 2005 | -- | $118,000 +87.3% |
| 2004 | -- | $63,000 +63.3% |
| 2003 | -- | $38,590 +2.4% |
| 2002 | -- | $37,686 +1.6% |
| 2001 | -- | $37,093 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32541
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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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