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Pending
  • Price cut: $5K (5/27)
    $234,900

    4000 Gulf Terrace Dr Unit 285, Destin, FL 32541

    1beds
    738sqft
    : 
    $1,549/mo
    Get pre-qualified
    Condominium
    Built in 1973
    -- sqft lot
    $-- Zestimate®
    $318/sqft
    $-- HOA

    What's special

    Lake frontFreshly updated condoOverlooking quail lakeFresh paintUpdated lightingOpen layoutComfortable and move-in-ready space
    Lake front! This freshly updated condo offers a comfortable and move-in-ready space with practical upgrades throughout overlooking Quail Lake. Inside, you'll find an open layout with new luxury vinyl plank flooring for a clean, modern feel. The kitchen features quartz countertops, updated cabinetry, and stainless steel appliances--functional and stylish for everyday use. The bathroom has also been refreshed with a new tub and fixtures, adding a nice touch to the space. Fresh paint and updated lighting complete the unit, creating a cohesive and welcoming atmosphere. Located in the heart of Destin, you are close to the area's beaches, dining, shopping, and entertainment. Whether you're searching for a primary residence, vacation spot, or investment property, this unit is a solid choic
    133 days
    |
    91
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Maryjo C Morris 850-246-0046,

    Compass

    Source: ECAOR,MLS#: 998143MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom
      • Level: First
      • Area: 156 Square Feet
      • Dimensions: 12 x 13
      Kitchen
      • Level: First
      • Area: 90 Square Feet
      • Dimensions: 10 x 9
      Living room
      • Level: First
      • Area: 324 Square Feet
      • Dimensions: 18 x 18
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
      • Laundry: Common Area
      Features
      • Newly Painted
      • Flooring: Vinyl
      Interior area
      • Total structure area: 738
      • Total interior livable area: 738 sqft

      Property

      Features
      • Exterior features: Tennis Court(s)
      • Pool features: In Ground
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front
      Details
      • Parcel number: 002S22109500000285

      Construction

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

      Community & HOA

      Community
      • Features: BBQ Pit/Grill, Dumpster, Fishing, Gated, 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, Recreational Faclty, Maintenance Structure, Sewer, Cable TV, Trash, Water, Internet
      Location
      • Region: Destin

      Financial & listing details

      • Price per square foot: $318/sqft
      • Tax assessed value: $165,000
      • Annual tax amount: $1,718
      • Date on market: 3/16/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/3/2026Pending sale$234,900$318/sqft
        Source: ECAOR #998143 Report a problem
        5/27/2026Price change$234,900-2.1%$318/sqft
        Source: ECAOR #998143 Report a problem
        3/16/2026Listed for sale$239,900+638.2%$325/sqft
        Source: ECAOR #998143 Report a problem
        12/1/1987Sold$32,500$44/sqft
        Source: Agent Provided 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 +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 +8.1%
        2003-- $47,200 +1.9%
        2002-- $46,300
        2001-- $46,300
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32541

        Getting around

        42 / 100
        Car-Dependent
        48 / 100
        Somewhat Bikeable

        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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