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$229,800
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Property Description
Price Improvement Show & Sell! Vacant! Destin Central Location within 0.8 miles to Public Beach Access or Henderson State Park. Ground Floor Condo Steps to the pool, HVAC Trane 2024, New Water Heater, New Refrigerator, SS Hood Vent, copper wiring, modern ceiling fans, smart TV's, laundry room. Pet Friendly Community, No Flood Zone! Sold Furnished, 2 Bedrooms, 1 Bathroom. Vacation Rentals are Allowed in the complex. Community Features: Free Parking, Gated Entrances from HWY 98 and Airport Rd, Access to 3 swimming pools, Tennis/Pickleball court, Dog Park, EV chargers, maintained green areas, picnic tables & lake. HOA Coverage: building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates. Owner pays Electric Only. Gated Community contact agent for showing schedule and access instructions.
Full Property Details
Full Property Details for 4000 Gulf Terrace Dr #159
General
- Price: $229,800
- Taxes: $2,546 (2025)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 1007318
- Updated: 9/11/2026
- Added to Site: 96 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Dumpster, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable
Interior
- Number of Rooms: 4
- Interior Features: Breakfast Bar, Owner's Closet, Washer/Dryer Hookup
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool - In-Ground, Pool Type
Exterior
- Exterior Features: Rain Gutter, BBQ Pit/Grill, Sprinkler System, Tennis Court
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: GULF TERRACE CONDO
- Driving Directions: From Highway 98 turn into Gulf Terrace Gate located by Waffle House. Go through the gate. Building 15 is straight ahead.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Ground Keeping, Insurance, Internet Service, Other Utilities, Recreational Faclty, Security, Sewer, Water, 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, Other
Structural Information
- Construction: Block, Frame, Siding Vinyl
- Exterior Const.: Block, Frame, Siding Vinyl
- Stories/Levels: 2
- Square Feet: 982
- Sq. Ft. Source: County PA Records
- Year Built: 1973
Financial Considerations
- Assessment Amount: $722
- Tax Amount: $2,546.36
- Tax Year: 2025
Disclosures and Reports
- Legal Description: GULF TERRACE TWO UNIT 159
- APN: 00-2S-22-1095-0000-0159
- Property ID: 00-2S-22-1095-0000-0159
Listed by Waves of the Emerald Coast Realty LLC
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Price & Sales History for 4000 Gulf Terrace Dr #159
Date
Details
Price
Change
Source
9/11/2026
Price Reduced
$229,800
-0.09%
MLS
8/23/2026
Price Reduced
$230,000
-2.13%
MLS
8/03/2026
Price Reduced
$235,000
-2.08%
MLS
7/09/2026
Listed
$240,000
-16.52%
MLS
3/07/2023
Sold
$287,500
—
Public Record
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
Tax History for 4000 Gulf Terrace Dr #159
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,546
-7%
$215,000
-7%
2024
$2,725
7%
$230,000
-6%
2023
$2,552
97%
$245,000
123%
2021
$1,295
-37%
$110,000
-35%
2022
$2,049
58%
$170,000
89%
2021
$1,295
22%
$90,000
9%
2019
$1,062
10%
$82,500
10%
2018
$963
2%
$75,000
4%
2017
$941
4%
$72,000
3%
2016
$905
8%
$70,000
11%
2015
$835
12%
$63,000
15%
2013
$744
—
$55,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4000 Gulf Terrace Dr #159
4000 Gulf Terrace Drive #159, Destin, FL 32541 (MLS# 1007318) is a Condo property with 2 bedrooms and 1 full bathroom. 4000 Gulf Terrace Drive #159 is currently listed for $229,800 and was received on July 10, 2026. Want to learn more about 4000 Gulf Terrace Drive #159? 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.

