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$215,000
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Property Description
Welcome to Gulf Terrace! This charming condo offers the perfect blend of comfort, convenience, and investment potential. Located less than a mile from Big Kahuna's Water Park, this property is ideal for a vacation home, rental, or primary residence. Enjoy serene lake views right from your living room, creating a peaceful backdrop for your morning coffee or evening relaxation. This unit is move-in ready and fully furnished, featuring a 2018 HVAC unit, 2024 water heater, a newer stove, and a washer and dryer for added convenience. Gulf Terrace is a gated community offering fantastic amenities including a sparkling pool, tennis courts, clubhouse, and plenty of green space for your pets - yes, this complex is pet-friendly! Best of all, Gulf Terrace allows short-term rentals, making this an excellent opportunity for investors looking to maximize rental income in a prime Destin location. Conveniently close to the beach, dining, shopping, and entertainment, this condo offers the full Destin lifestyle at an incredible value. Schedule your showing today and make this beautiful condo yours!
Full Property Details
Full Property Details for 4000 Gulf Terrace Dr #257
General
- Sold For: $215,000
- Status: Closed
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 986605
- Added to Site: 228 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Tennis, TV Cable, Waterfront
Interior
- Number of Rooms: 5
- Interior Features: Owner's Closet, Washer/Dryer Hookup, Woodwork Stained
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Tile, Floor Vinyl, Floor WW Carpet
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Balcony
Location
- Area: 14 - Destin
- County: Okaloosa
- Subdivision: GULF TERRACE CONDO
- Driving Directions: On Highway 98. Across the street from Sundestin. On the North side of Hwy 98 next to the Waffle House. Call for gate code. Building 15 unit 257.
School Information
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Community
- Association: Yes
- Assoc. Fees Include: Ground Keeping, Insurance, Internet Service, Sewer, 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, Trim Vinyl
- Exterior Const.: Block, Frame, Siding Vinyl, Stucco, Trim Vinyl
- Stories/Levels: 2
- Square Feet: 982
- Sq. Ft. Source: County PA Records
- Year Built: 1973
Water Features
- Water Front: Yes
- Water Front Type: Lake
Financial Considerations
- Assessment Amount: $722
Disclosures and Reports
- Legal Description: GULF TERRACE TWO UNIT 257
- APN: 00-2S-22-1095-0000-0257
- Property ID: 00-2S-22-1095-0000-0257
Listed by ERA American Real Estate
Sold by EXP Realty LLC
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Price & Sales History for 4000 Gulf Terrace Dr #257
Date
Details
Price
Change
Source
4/17/2026
Sold
$215,000
-2.23%
MLS
11/25/2025
Price Reduced
$219,900
-2.27%
MLS
10/01/2025
Listed
$225,000
—
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 #257, Destin, FL 32541 (MLS# 986605) is a Condo property that was sold at $215,000 on April 17, 2026. Want to learn more about 4000 Gulf Terrace Drive #257? 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.

