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$279,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 1,050 Sq. Ft.
  • Updated 3 days ago

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Welcome to your affordable beach getaway at Gulf Terrace! Perfectly positioned in the heart of Destin, this charming and budget-friendly vacation rental offers the ideal blend of comfort, convenience, and coastal lifestyle. Just minutes from the sugar-white sands and emerald waters of the Gulf, this unit provides easy access to everything that makes Destin one of Florida's most sought-after beach destinations. Unit 122 features a relaxed, coastal-inspired interior designed for both short stays and income-producing potential. Whether you're looking for a personal retreat or a smart investment property, this condo delivers exceptional value without compromising location. Gulf Terrace is a gated community known for its resort-style amenities, including multiple swimming pools, tennis courts and beautifully maintained grounds. Guests love the walkability to shopping, dining, and entertainment, with Destin's beaches just a short stroll or quick drive away. Affordable, accessible, and perfectly located--Unit 122 is your opportunity to own a slice of the Destin lifestyle without the luxury price tag. Call to schedule a showing today!

Full Property Details for 4000 Gulf Terrace Dr #122

General

  • Price: $279,000
  • Status: Active
  • Type: Condo
  • Source: Emerald_Coast
  • MLS ID: 1000949
  • Updated: 4/17/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Complex Features: Short Term Rental - Allowed, BBQ Pit/Grill, Community Room, Dumpster, Fishing, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Tennis, Waterfront

Interior

  • Number of Rooms: 4
  • Interior Features: Built-In Bookcases, Lighting Recessed, Owner's Closet, Washer/Dryer Hookup
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Smooth Stovetop Rnge, Washer, Water Heater - Elect
  • Furnishings: Furnished - All
  • Flooring: Floor Tile

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Pool: Yes
  • Pool Description: Pool Type

Exterior

  • Exterior Features: Sprinkler System
  • Porch/Patio/Deck: Patio Covered

Location

  • Area: 14 - Destin
  • County: Okaloosa
  • Subdivision: GULF TERRACE CONDO
  • Driving Directions: From 98 turn North into the gated community of Gulf Terrace. Turn Right and follow the road around to the Right. Building 6 is located on the Left next to the community pool.

School Information

  • Elementary School: Destin
  • Middle School: Destin
  • High School: Destin

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Ground Keeping, Legal, Trash

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fans, Central Air
  • Heating Type: Central
  • Heating/Cooling: Central, Ceiling Fans, Central Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electric, Public Water, TV Cable

Structural Information

  • Construction: Stucco
  • Exterior Const.: Stucco
  • Stories/Levels: 2
  • Square Feet: 1,050
  • Sq. Ft. Source: County PA Records
  • Year Built: 1973

Lot Features

  • Property View: Pond

Financial Considerations

  • Assessment Amount: $628

Disclosures and Reports

  • Legal Description: GULF TERRACE UNIT 122
  • APN: 00-2S-22-1095-0122-0000
  • Property ID: 00-2S-22-1095-0122-0000

Listed by Compass

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— 4000 Gulf Terrace Dr #122 —

  • Compass

  • Compass

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 4000 Gulf Terrace Dr #122 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/17/2026
Listed
$279,000
-7%
MLS
10/18/2022
Sold
$300,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4000 Gulf Terrace Dr #122

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,546
-7%
$215,000
-7%
2024
$2,725
-7%
$230,000
-6%
2023
$2,927
126%
$245,000
123%
2021
$1,295
-16%
$110,000
-14%
2022
$1,536
19%
$127,500
42%
2021
$1,295
20%
$90,000
6%
2019
$1,078
12%
$85,000
13%
2018
$963
2%
$75,000
4%
2017
$941
4%
$72,000
3%
2016
$905
8%
$70,000
11%
2015
$835
6%
$63,000
7%
2014
$791
6%
$59,000
7%
2013
$744
—
$55,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Compass

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4000 Gulf Terrace Drive #122, Destin, FL 32541 (MLS# 1000949) is a Condo property with 2 bedrooms and 1 full bathroom. 4000 Gulf Terrace Drive #122 is currently listed for $279,000 and was received on April 18, 2026. Want to learn more about 4000 Gulf Terrace Drive #122? Do you have questions about finding other Condo real estate for sale in Destin? You can browse all Destin real estate or contact a Coldwell Banker agent to request more information.

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