Highly motivated seller -- bring your offers!
High-performing 1 bed, 1 bath condominium in Destin, Florida generating a consistant and profitable annual rental income for the past 4 years. This unit consistently outperforms comparable properties in the area, demonstrating exceptional demand and proven success. A detailed income report for the past four years is available, highlighting its strong and reliable revenue history.
This condominium is offered turnkey and is already generating consistent monthly income with active rental bookings in place, making it an outstanding investment opportunity or an ideal primary or secondary residence.
The unit is being sold fully furnished, including all items shown in the listing, and is completely move-in ready or prepared to continue operating immediately as a short-term rental. Everything is new from Electrical wiring, HVAC system,Sheetrock, Water Heater, Slididing door and Insulation .
Disclaimer: All measurements to be verified by buyer.
Sold for $235,500
Zestimate®
$235,500
4000 Gulf Terrace Dr Unit 286, Destin, FL 32541
1beds
830sqft
Condominium
Built in 1973
-- sqft lot
$235,500 Zestimate®
$284/sqft
$1,896 Estimated rent
Home value
$235,500
$219,000 - $252,000
$1,896/mo
Zestimate® history
Owner options
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$1,896/mo
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$1,896/mo
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$1,615/mo
Est. payment
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$1,615/mo
Est. payment
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List your homeWhat's special
Fully furnished
Zillow last checked:
Listing updated:
Listed by:
Tatiana Bodiu 850-368-3042,
BodiuRealty LLC
Bought with:
Mariya Calkins, 3623754
The Premier Property Group
Tatiana Bodiu, 3349946
BodiuRealty LLC
Source: ECAOR,MLS#: 993789
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
- Area: 132 Square Feet
- Dimensions: 12 x 11
Other
- Level: First
- Area: 110 Square Feet
- Dimensions: 22 x 5
Living room
- Level: First
- Area: 168 Square Feet
- Dimensions: 14 x 12
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
Features
- Kitchen Island
- Flooring: Vinyl
- Furnished: Yes
Interior area
- Total structure area: 830
- Total interior livable area: 830 sqft
Property
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Details
- Parcel number: 002S2200000286
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Stucco, Vinyl Siding
- Roof: Metal
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 1973
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Dumpster, Gated, Pavillion/Gazebo, Picnic Area, Pool, TV Cable, Tennis Court(s), Pickleball, Short Term Rental - Allowed
- Security: Smoke Detector(s)
- Subdivision: GULF TERRACE CONDO
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Legal, Management, Sewer, Trash, Water, Internet
Location
- Region: Destin
Financial & listing details
- Price per square foot: $284/sqft
- Tax assessed value: $165,000
- Annual tax amount: $1,915
- Date on market: 1/27/2026
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Sold | $235,500-7.6%$284/sqft |
Source:  ECAOR #993789 Report a problem | ||
| 3/29/2026 | Pending sale | $255,000$307/sqft |
Source: ECAOR #993789 Report a problem | ||
| 3/3/2026 | Price change | $255,000-4.9%$307/sqft |
Source: ECAOR #993789 Report a problem | ||
| 1/27/2026 | Listed for sale | $268,000+275.9%$323/sqft |
Source: ECAOR #993789 Report a problem | ||
| 11/4/2022 | Sold | $71,300-32.1%$86/sqft |
Source: Public Record Report a problem | ||
| 10/26/2020 | Sold | $105,000-1.9%$127/sqft |
Source: ECAOR #851493 Report a problem | ||
| 7/23/2020 | Listed for sale | $107,000+120.6%$129/sqft |
Source: Sea Coast Realty Group Inc #851493 Report a problem | ||
| 12/17/2011 | Listing removed | $825$1/sqft |
Source: Star Real Estate #564333 Report a problem | ||
| 10/15/2011 | Price change | $825-2.9%$1/sqft |
Source: Star Real Estate #564333 Report a problem | ||
| 9/21/2011 | Price change | $850-2.9%$1/sqft |
Source: Star Real Estate #564333 Report a problem | ||
| 9/15/2011 | Listed for rent | $875$1/sqft |
Source: Star Real Estate #564333 Report a problem | ||
| 6/15/2011 | Sold | $48,500-2%$58/sqft |
Source: Public Record Report a problem | ||
| 6/15/2011 | Listing removed | $875$1/sqft |
Source: Star Real Estate #559051 Report a problem | ||
| 6/11/2011 | Listed for rent | $875$1/sqft |
Source: Star Real Estate #559051 Report a problem | ||
| 5/7/2011 | Price change | $49,500-2.9%$60/sqft |
Source: THE REALTY FIRM INC #524540 Report a problem | ||
| 5/2/2011 | Price change | $51,000-1%$61/sqft |
Source: THE REALTY FIRM INC #524540 Report a problem | ||
| 4/23/2011 | Price change | $51,500-1%$62/sqft |
Source: THE REALTY FIRM INC #524540 Report a problem | ||
| 4/21/2011 | Price change | $52,000-1%$63/sqft |
Source: THE REALTY FIRM INC #524540 Report a problem | ||
| 4/17/2011 | Price change | $52,500-1.2%$63/sqft |
Source: THE REALTY FIRM INC #524540 Report a problem | ||
| 4/4/2011 | Price change | $53,150-0.5%$64/sqft |
Source: THE REALTY FIRM INC #524540 Report a problem | ||
| 12/20/2010 | Price change | $53,400-0.9%$64/sqft |
Source: THE REALTY FIRM INC #524540 Report a problem | ||
| 12/1/2010 | Price change | $53,900-0.9%$65/sqft |
Source: THE REALTY FIRM INC #524540 Report a problem | ||
| 11/22/2010 | Price change | $54,400-0.9%$66/sqft |
Source: THE REALTY FIRM INC #524540 Report a problem | ||
| 11/14/2010 | Price change | $54,900-0.9%$66/sqft |
Source: THE REALTY FIRM INC #524540 Report a problem | ||
| 11/10/2010 | Price change | $55,400-0.9%$67/sqft |
Source: THE REALTY FIRM INC #524540 Report a problem | ||
| 10/29/2010 | Price change | $55,900-0.9%$67/sqft |
Source: THE REALTY FIRM INC #524540 Report a problem | ||
| 10/20/2010 | Listed for sale | $56,400$68/sqft |
Source: THE REALTY FIRM INC #524540 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,954 -17.5% | $165,000 -17.5% |
| 2024 | $2,369 -3.3% | $200,000 -2.4% |
| 2023 | $2,449 +73.8% | $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 +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
Neighborhood: 32541
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Nearby schools
GreatSchools rating
- 10/10Destin Elementary SchoolGrades: PK-4Distance: 1.7 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 2.7 mi
- 5/10Fort Walton Beach High SchoolGrades: 9-12Distance: 10.4 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 286
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