4000 Gulf Terrace Drive #187, Destin, FL 32541 - Photo 1

1/1

$175,000

Sold
Closed
Condo
1 Bed
1 Full Bath
738 Sq. Ft.

1/1

Property Description

Turnkey Investment Opportunity! This beautifully updated 1-bedroom condo comfortably sleeps up to 6 guests and is ideally located in the heart of the area, just minutes from sugar-white beaches, popular restaurants, shopping, and local attractions. Situated on the ground floor for easy access, this well-maintained unit offers convenience and comfort for both owners and guests. Inside, you'll find tasteful coastal décor, stainless steel appliances, a flat-surface stove, and an updated shower/tub combination that adds a modern touch. The open layout maximizes space and functionality, making it an ideal vacation retreat or income-producing rental property. Resort-style amenities include multiple swimming pools, tennis courts, a scenic lake, grilling areas, and beautifully maintained grounds. Whether relaxing by the pool, enjoying outdoor activities, or exploring the nearby beaches and entertainment, guests have everything they need for an unforgettable stay. With a strong rental history and excellent location, this condo is the perfect choice for investors, second-home buyers, or anyone seeking an affordable beach getaway with exceptional earning potential.

Full Property Details

Full Property Details for 4000 Gulf Terrace Dr #187

General

Sold For: $175,000
Taxes: $1,500 (2025)
Status: Closed
Type: Condo
Source: Emerald_Coast
MLS ID: 1004965
Added to Site: 75 day(s) ago

Rental Information

Complex Features: Short Term Rental - Allowed, Pickle Ball, Dumpster, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable

Interior

Number of Rooms: 3
Interior Features: Fireplace
Appliances: Dishwasher, Dryer, Refrigerator, Smooth Stovetop Rnge, Washer, Water Heater - Elect
Furnishings: Furnished - All

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 1

Additional Information

Pool: Yes
Pool Description: Pool Type

Exterior

Porch/Patio/Deck: Patio Covered, Porch Open

Location

Area: 14 - Destin
County: Okaloosa
Subdivision: GULF TERRACE CONDO
Driving Directions: There are two entrances to Gulf Terrace. One on Hwy 98 and the other on Airport Rd. From Airport Dr turn into Gulf Terrace dr. You will need a gate code. Proceed to building 27, Unit 614

School Information

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

Community

Association: Yes
Assoc. Fees Include: Accounting, Ground Keeping, Legal, Management, Master Association, Other Utilities, Security, Water, Cable TV, Trash

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Central
Heating/Cooling: Central, Central Air

Utilities

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

Structural Information

Stories/Levels: 2
Square Feet: 738
Sq. Ft. Source: County PA Records
Year Built: 1973

Financial Considerations

Assessment Amount: $601
Tax Amount: $1,500.82
Tax Year: 2025

Disclosures and Reports

Legal Description: GULF TERRACE TWO UNIT 187
APN: 00-2S-22-1095-0000-0187
Property ID: 00-2S-22-1095-0000-0187

Listed by EXP Realty LLC
Sold by EXP Realty LLC

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code *

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agent

— 4000 Gulf Terrace Dr #187 —

EXP Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 4000 Gulf Terrace Dr #187

Date

Details

Price

Change

Source

7/22/2026

Sold

$175,000

-9.79%

MLS

7/01/2026

Price Reduced

$194,000

-2.95%

MLS

6/08/2026

Listed

$199,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

21 Pebble Beach Dr, Shalimar, FL 32579 - Photo 1

Just Listed

$425,000

21 Pebble Beach Dr Shalimar, FL 32579

Single Family
Active
Updated 4 days ago

4
Beds
2
Total Baths
2,282
Sq. Ft.

781 Boulevard of the Champions, Shalimar, FL 32579 - Photo 1

Just Listed

$2,950,000

781 Boulevard of the Champions Shalimar, FL 32579

Single Family
Active
Updated 2 days ago

6
Beds
8
Total Baths
5,600
Sq. Ft.

2907 Five Oaks Ln, Shalimar, FL 32579 - Photo 1

Just Listed

$372,000

2907 Five Oaks Ln Shalimar, FL 32579

Single Family
Active
Updated 1 day ago

3
Beds
3
Total Baths
1,900
Sq. Ft.

Just Listed

$349,000

39 9th St Shalimar, FL 32579

Single Family
Active
Updated 4 days ago

3
Beds
2
Total Baths
1,414
Sq. Ft.

112 SW 10th St, Shalimar, FL 32579 - Photo 1

Price Reduced

-$100,000 (-7.41%)

$1,250,000

112 SW 10th St Shalimar, FL 32579

Vacant Land
Active
Updated 5 days ago

0.1
Acres

Listed by Johnnette Acree (850) 865-8216

13 Port Dixie Blvd, Shalimar, FL 32579 - Photo 1

Price Reduced

-$34,999 (-9.72%)

$325,000

13 Port Dixie Blvd Shalimar, FL 32579

Single Family
Active
Updated 3 days ago

4
Beds
2
Total Baths
1,376
Sq. Ft.

1005 Shalimar Point Dr, Shalimar, FL 32579 - Photo 1

Price Reduced

-$30,000 (-4.76%)

$599,900

1005 Shalimar Point Dr Shalimar, FL 32579

Single Family
Active
Updated 1 day ago

4
Beds
3
Total Baths
2,475
Sq. Ft.

511 Pelham St, Fort Walton Beach, FL 32547 - Photo 1

Price Reduced

-$5,000 (-1.14%)

$435,000

511 Pelham St Fort Walton Beach, FL 32547

Single Family
Active
Updated 2 days ago

5
Beds
3
Total Baths
2,389
Sq. Ft.

Listed by Dylan Sterling (330) 401-4329

4000 Gulf Terrace Dr, Destin, FL 32541 - Photo 1

Sold

$180,000

4000 Gulf Terrace Dr #116 Destin, FL 32541

Condo
Closed

1
Bed
1
Total Bath
810
Sq. Ft.

Sold

$170,000

4000 Gulf Terrace Dr #1002 Destin, FL 32541

Condo
Closed

1
Bed
1
Total Bath
738
Sq. Ft.

251 Mattie M Kelly Blvd, Destin, FL 32541 - Photo 1

Sold

$200,000

251 Mattie M Kelly Blvd #205 Destin, FL 32541

Condo
Closed

2
Beds
2
Total Baths
1,051
Sq. Ft.

Sold

$179,000

251 Mattie M Kelly Blvd #302 Destin, FL 32541

Condo
Closed

2
Beds
2
Total Baths
1,051
Sq. Ft.

4000 Gulf Terrace Drive #187, Destin, FL 32541 (MLS# 1004965) is a Condo property that was sold at $175,000 on July 22, 2026. Want to learn more about 4000 Gulf Terrace Drive #187? 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.

4000 Gulf Terrace Dr #187 Destin, FL 32541