4000 Gulf Terrace Drive #240, Destin, FL 32541 - Photo 1

1/1

$208,000

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

1/1

Property Description

This unit was sold as part of an 8-unit portfolio/package transaction. The MLS sales price represents the allocated individual price assigned to this unit within the portfolio transaction! Affordable Investment Condo in Destin just 0.8 miles from public beach access. Located in Gulf Terrace this 1 Bedroom,1.5 Bath is Exceptionally well maintained with coastal touches, beachy vibes & smooth ceilings. Located on the 2nd floor is sold fully furnished. Must see to appreciate! Locals & 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.

Full Property Details

Full Property Details for 4000 Gulf Terrace Dr #240

General

Sold For: $208,000
Taxes: $1,563 (2025)
Status: Closed
Type: Condo
Source: Emerald_Coast
MLS ID: 1005185
Added to Site: 48 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: 3
Interior Features: Breakfast Bar, Owner's Closet, Washer/Dryer Hookup
Appliances: Dishwasher, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Water Heater - Elect
Furnishings: Furnished - All
Flooring: Floor Laminate

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
Half 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 10 will be on your left. Condo #240 is on the second floor.

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, Stucco
Exterior Const.: Block, Frame, Siding Vinyl, Stucco
Stories/Levels: 2
Square Feet: 738
Sq. Ft. Source: County PA Records
Year Built: 1973

Financial Considerations

Assessment Amount: $601
Tax Amount: $1,563
Tax Year: 2025

Disclosures and Reports

Legal Description: GULF TERRACE UNIT 240
APN: 00-2S-22-1095-0240-0000
Property ID: 00-2S-22-1095-0240-0000

Listed and Sold by Waves of the Emerald Coast Realty LLC

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— 4000 Gulf Terrace Dr #240 —

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Price & Sales History for 4000 Gulf Terrace Dr #240

Date

Details

Price

Change

Source

9/02/2026

Sold

$208,000

-11.49%

MLS

6/10/2026

Listed

$235,000

—

MLS

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

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4000 Gulf Terrace Drive #240, Destin, FL 32541 (MLS# 1005185) is a Condo property that was sold at $208,000 on September 02, 2026. Want to learn more about 4000 Gulf Terrace Drive #240? 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 #240 Destin, FL 32541