Situated in the highly desirable 4000 Gulf Terrace community, this fully furnished condo features 1 bedroom, a bonus room with a futon, and 2 bathrooms—an ideal opportunity for your short or long term rental portfolio. Located in a gated community, guests will enjoy access to 3 swimming pools, tennis courts, and a tranquil lake. The condo's prime location places it just minutes from Destin's stunning beaches, Big Kahuna's Waterpark, and popular local restaurants. With its modern interior, recent upgrades, and a proven history of strong rental income, this property is ready to start generating returns immediately. Don't miss out on this exceptional investment opportunity in one of Florida's premier vacation destinations!
Sold for $220,000
$220,000
4000 Gulf Terrace Dr Unit 296, Destin, FL 32541
1beds
738sqft
Condominium
Built in 1973
-- sqft lot
$174,200 Zestimate®
$298/sqft
$1,895 Estimated rent
Home value
$174,200
$152,000 - $200,000
$1,895/mo
Zestimate® history
Owner options
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$1,509/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Simona M Ghile 850-368-4863,
Acasa Realty LLC
Bought with:
Timothy G Whittemore, 3354763
LPT Realty LLC
Source: ECAOR,MLS#: 965960
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 192 Square Feet
- Dimensions: 16 x 12
Primary bathroom
- Level: First
- Area: 60 Square Feet
- Dimensions: 10 x 6
Bathroom
- Level: First
- Area: 35 Square Feet
- Dimensions: 7 x 5
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer, Electric Water Heater
- Laundry: Common Area
Features
- Bookcases
- Has fireplace: Yes
- Fireplace features: EPA Qualified Fireplace
- Furnished: Yes
Interior area
- Total structure area: 738
- Total interior livable area: 738 sqft
Property
Features
- Exterior features: Sprinkler System, Tennis Court(s)
- Pool features: Heated, In Ground
Details
- Parcel number: 002S22109500000296
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Frame, Vinyl Siding
- Roof: Metal
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 1973
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Community Room, Dumpster, Fishing, Gated, Pool, Tennis Court(s), Short Term Rental - Allowed
- Subdivision: GULF TERRACE
HOA
- Has HOA: Yes
- Services included: Advertising, Maintenance Grounds, Recreational Faclty, Sewer, Trash, Water, Internet
Location
- Region: Destin
Financial & listing details
- Price per square foot: $298/sqft
- Tax assessed value: $132,000
- Annual tax amount: $2,047
- Date on market: 1/9/2025
Price history
| Date | Event | Price |
|---|---|---|
| 11/20/2025 | Listing removed | $1,900$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/2/2025 | Price change | $1,900-9.5%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/5/2025 | Listed for rent | $2,100+16.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/20/2025 | Sold | $220,000-8.3%$298/sqft |
Source:  ECAOR #965960 Report a problem | ||
| 6/4/2025 | Pending sale | $239,900$325/sqft |
Source: ECAOR #965960 Report a problem | ||
| 2/15/2025 | Price change | $239,900-4%$325/sqft |
Source: ECAOR #965960 Report a problem | ||
| 2/5/2025 | Listing removed | $1,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/9/2025 | Listed for sale | $249,900-21.9%$339/sqft |
Source: ECAOR #965960 Report a problem | ||
| 1/9/2025 | Price change | $1,800-2.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/7/2025 | Listed for rent | $1,850$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/6/2024 | Listing removed | $1,850+5.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/21/2024 | Listed for rent | $1,750-5.4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/10/2024 | Listing removed | $1,850$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/2/2024 | Price change | $1,850-5.1%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/25/2024 | Listed for rent | $1,950-18.8%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/10/2024 | Listing removed | $2,400$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/21/2024 | Listed for rent | $2,400$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/9/2022 | Listing removed | -- |
Source: ECAOR #910511 Report a problem | ||
| 10/21/2022 | Listed for sale | $320,000+45.5%$434/sqft |
Source: ECAOR #910511 Report a problem | ||
| 12/14/2021 | Sold | $220,000-2.2%$298/sqft |
Source:  CPAR #718305 Report a problem | ||
| 11/8/2021 | Contingent | $225,000$305/sqft |
Source: CPAR #718305 Report a problem | ||
| 11/4/2021 | Listed for sale | $225,000$305/sqft |
Source: CPAR #718305 Report a problem | ||
| 10/28/2021 | Pending sale | $225,000$305/sqft |
Source: CPAR #718305 Report a problem | ||
| 10/24/2021 | Listed for sale | $225,000+102.7%$305/sqft |
Source: CPAR #718305 Report a problem | ||
| 8/6/2018 | Sold | $111,000-3.4%$150/sqft |
Source: ECAOR #796532 Report a problem | ||
| 7/18/2018 | Listed for sale | $114,900-9.5%$156/sqft |
Source: Back Stage Realty #796532 Report a problem | ||
| 5/1/2007 | Sold | $127,000+58.8%$172/sqft |
Source: Public Record Report a problem | ||
| 11/17/2003 | Sold | $80,000$108/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,563 -25.3% | $132,000 -16.1% |
| 2024 | $2,093 +2.2% | $157,300 -23.3% |
| 2023 | $2,048 +30.7% | $205,000 +57.7% |
| 2022 | $1,567 +39.2% | $130,000 +39% |
| 2021 | $1,125 +12.4% | $93,500 +16.9% |
| 2020 | $1,001 -1.4% | $80,000 |
| 2019 | $1,015 +23.6% | $80,000 +25% |
| 2018 | $821 | $64,000 +8.5% |
| 2017 | $821 +7.3% | $59,000 +7.3% |
| 2016 | $765 +9.1% | $55,000 +14.6% |
| 2015 | $701 +10.2% | $48,000 +9.1% |
| 2014 | $636 | $44,000 +7.3% |
| 2013 | -- | $41,000 +3.8% |
| 2012 | -- | $39,500 -3.7% |
| 2011 | -- | $41,000 -12.8% |
| 2010 | -- | $47,000 -10.5% |
| 2009 | -- | $52,500 -26.1% |
| 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: 1.8 mi
- 9/10Destin Middle SchoolGrades: 5-8Distance: 2.7 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 296
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