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$227,000

  • For Sale
  • Active
  • Condo / Townhouse
  • 1 Bed
  • 2 Full Baths
  • 900 Sq. Ft.
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Gulf Terrace: convenient mid-town location to enjoy all of Destin. Near to the June Decker beach access at the west end of Henderson Beach State Park. Fenced & gated 19 acres ... 3 pools ... tennis courts ... unit owners' clubhouse ... vacation rentals allowed ... pets allowed. Lake view: Unit 129 is on the south end of the Gulf Terrace lake. Unit 129 has a large-size living room -- a previous owner enclosed the ground-level patio, adding it into the living room. Unit 129 has an additional 2nd full bath -- a previous owner converted the laundry room into an additional 2nd full bath. No water bill, no cable TV bill, no internet access bill -- all are included in the condominium association dues amount. Gulf Terrace Unit 129 is always available for showing.

Full Property Details for 4000 Gulf Terrace Dr #129

General

  • Price: $227,000
  • Taxes: $453 (2024)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: Emerald_Coast
  • MLS ID: 988550
  • Updated: 11/4/2025
  • Added to Site: 81 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Full Bathroom, Kitchen, Living Room, Master Bathroom
  • Interior Features: Breakfast Bar, Floor Vinyl
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Living Room: Living Room
  • Kitchen: Kitchen

Additional Information

  • Shared Amenities: BBQ Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Pets Allowed, Pickle Ball, Picnic Area, Pool, Short Term Rental - Allowed, Tennis, TV Cable, Waterfront
  • Pool: Yes

Exterior

  • Exterior Features: BBQ Pit/Grill, Fenced Lot-All, Patio Enclosed, Pool - In-Ground, Rain Gutter, Tennis Court

Location

  • Area: 14 - Destin
  • County: Okaloosa
  • Subdivision: Gulf Terrace Condo
  • Driving Directions: Gulf Terrace occupies 19 acres in the NW quadrant of Hwy 98 and Airport Rd -- it is on the north side of Hwy 98 and it is on the west side of Airport Rd. From Hwy 98 enter the Gulf Terrace driveway that is on the west side of the Waffle House restaurant and the Shake's food stand. From Airport Rd enter the Gulf Terrace driveway that is at the ''Gulf Terrace'' sign. Bldg 8 / Unit 129: SE corner

School Information

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

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect

Utilities

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

Structural Information

  • Construction: Block, Concrete, Frame, Roof Metal, Roof Pitched, Siding Vinyl, Trim Vinyl
  • Stories/Levels: 0
  • Stories in Building: 2
  • Square Feet: 900
  • Sq. Ft. Source: Building Plan
  • Year Built: 1973

Unit Information

  • Units in Building: 8

Lot Features

  • Property View: Lake

Water Features

  • Water Front Type: Lake, Unit Waterfront

Financial Considerations

  • Assessment Amount: $602
  • Assmt Payment Freq: Monthly
  • Tax Amount: $453
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: GULF TERRACE UNIT 129
  • Assessment: Yes
  • APN: 00-2S-22-1095-0129-0000

Listed by Aquatic Resort Properties Inc

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Listing agent

— 4000 Gulf Terrace Dr #129 —

  • Aquatic Resort Properties Inc

Get Pre-Approved Today

Be ready to buy your new home!

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 #129 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/29/2025
Listed
$227,000
81.6%
MLS
11/02/2020
Sold
$125,000
—
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 #129

Year
Property Taxes
Change
Tax Assessment
Change
2025
$484
7%
$107,943
3%
2024
$454
3%
$104,901
3%
2023
$441
-5%
$101,846
6%
2021
$466
2%
$96,000
-3%
2022
$459
-2%
$98,880
24%
2021
$466
-52%
$80,000
10%
2019
$967
14%
$72,600
10%
2018
$847
8%
$66,000
10%
2017
$784
8%
$60,000
5%
2016
$728
10%
$57,000
14%
2015
$662
7%
$50,000
9%
2014
$617
7%
$46,000
8%
2013
$575
—
$42,500
—
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 Aquatic Resort Properties Inc

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4000 Gulf Terrace Drive #129, Destin, FL 32541 (MLS# 988550) is a Condo / Townhouse property with 1 bedroom and 2 full bathrooms. 4000 Gulf Terrace Drive #129 is currently listed for $227,000 and was received on October 29, 2025. Want to learn more about 4000 Gulf Terrace Drive #129? Do you have questions about finding other Condo / Townhouse 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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