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$310,000
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Property Description
Beautiful lakeside 2-bedroom, 2-bathroom condo--arguably one of the nicest units in the complex. This fully remodeled, turnkey property showcases exceptional craftsmanship and designer finishes throughout, including custom wood-paneled ceilings with LED-lit crown molding, beautiful luxury vinyl plank flooring, shiplap accent walls, custom tile backsplash in the kitchen. Featuring a custom walk-in tile shower with premium high-end fixtures. Custom tiled tub in the guest bath. Large flat-screen TVs are included in every room, along with a spacious full laundry room. All furniture, and fixtures convey, making this a truly move-in or rental-ready opportunity. Gated community offering three swimming pools (including a heated pool), grilling stations, and picnic areas, this property is just minutes from Destin's world-famous white-sand beaches, shopping, dining, and entertainment. Whether you're searching for a primary residence, vacation retreat, or income-producing investment, this exceptional condo checks every box.
Full Property Details
Full Property Details for 4000 Gulf Terrace Dr #166
General
- Price: $310,000
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 1008166
- Updated: 7/21/2026
- Added to Site: 12 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Gated Community, Picnic Area, Pool, Tennis
Interior
- Number of Rooms: 4
- Interior Features: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Lighting Recessed
- Appliances: Cooktop, Dishwasher, Dryer, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
- Flooring: Floor Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: BBQ Pit/Grill
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: Gulf Terrace Condominium Association
- Driving Directions: US Highway 98 to 4000 Gulf Terrace Dr, unit #166 Building 22
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Insurance, Internet Service, Management, Master Association, Security, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Heating/Cooling: Central, Central Air
Utilities
- Sewer: Community Sewer
- Utility Description: Community Water, TV Cable
Structural Information
- Construction: Block
- Exterior Const.: Block
- Stories/Levels: 2
- Square Feet: 982
- Sq. Ft. Source: County PA Records
- Year Built: 1973
Lot Features
- Property View: Lake
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Lake
Financial Considerations
- Assessment Amount: $722
Disclosures and Reports
- Legal Description: GULF TERRACE TWO UNIT 166
- APN: 00-2S-22-1095-0000-0166
- Property ID: 00-2S-22-1095-0000-0166
Listed by LPT Realty LLC
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Price & Sales History for 4000 Gulf Terrace Dr #166
Date
Details
Price
Change
Source
7/21/2026
Listed
$310,000
10.71%
MLS
3/21/2024
Sold
$280,000
—
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 #166
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,665
-2%
$225,000
-2%
2024
$2,725
26%
$230,000
—
2023
$2,164
51%
$230,000
99%
2021
$1,434
-16%
$115,500
-28%
2022
$1,715
20%
$160,000
78%
2021
$1,434
33%
$90,000
6%
2019
$1,076
9%
$84,700
10%
2018
$989
4%
$77,000
5%
2017
$954
1%
$73,000
—
2016
$948
8%
$73,000
11%
2015
$874
5%
$66,000
6%
2014
$831
6%
$62,000
7%
2013
$784
—
$58,000
—
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 #166
4000 Gulf Terrace Drive #166, Destin, FL 32541 (MLS# 1008166) is a Condo property with 2 bedrooms and 2 full bathrooms. 4000 Gulf Terrace Drive #166 is currently listed for $310,000 and was received on July 21, 2026. Want to learn more about 4000 Gulf Terrace Drive #166? 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.

