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$240,000
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Property Description
Lake Views in Destin just 0.8 miles from beach access. High Performing Condo 1 Bedroom,1 Bath. Completely rebuilt from the studs up with European-inspired design and a clean, minimalist aesthetic. Exceptionally well maintained and sold fully turnkey. Features include new windows, copper electrical, updated tile flooring, a beautifully tiled shower, and many additional upgrades throughout. Must see to truly appreciate! Located on the 2nd floor. Can be used as investment, second home or primary residence. Active rental on Airbnb with proven record. Tourists Love the Place and the amenities that are available in the complex. Gulf Terrace is a Pet Friendly Community, Free Parking, No Flood Zone, NO RENTAL RESTRICTIONS! Community Features: two 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 & a lake. HOA Includes: building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates. Owner pays Electric Only. Rare investor opportunity: seller is offering next-door Units 233 & 235 as a unique income-producing investment opportunity. Own side-by-side condos in a prime location with exceptional rental potential and flexibility. Contact listing agent for details and investment inquiries.
Full Property Details
Full Property Details for 4000 Gulf Terrace Dr #233
General
- Sold For: $240,000
- Taxes: $1,724 (2025)
- Status: Closed
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 1003697
- Added to Site: 49 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, Waterfront
Interior
- Number of Rooms: 4
- Interior Features: Breakfast Bar, Kitchen Island, Owner's Closet, Washer/Dryer Hookup
- Appliances: Dishwasher, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
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 Drive located by Waffle House. Gate code needed. Go through the gate and take a right. Building 9 will be on your left.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Ground Keeping, Insurance, Internet Service, Master Association, 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
Structural Information
- Construction: Block, Frame, Siding Vinyl
- Exterior Const.: Block, Frame, Siding Vinyl
- Stories/Levels: 2
- Square Feet: 738
- 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: $601
- Tax Amount: $1,724
- Tax Year: 2025
Disclosures and Reports
- Legal Description: GULF TERRACE UNIT 233
- APN: 00-2S-22-1095-0233-0000
- Property ID: 00-2S-22-1095-0233-0000
Listed by Waves of the Emerald Coast Realty LLC
Sold by Acasa Realty LLC
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Price & Sales History for 4000 Gulf Terrace Dr #233
Date
Details
Price
Change
Source
6/10/2026
Sold
$240,000
-4%
MLS
5/22/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4000 Gulf Terrace Drive #233, Destin, FL 32541 (MLS# 1003697) is a Condo property that was sold at $240,000 on June 10, 2026. Want to learn more about 4000 Gulf Terrace Drive #233? 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.

