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$245,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 982 Sq. Ft.
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Lake Views, Proven Rental Income, Close to the Beach, Amenities & Turnkey Ease -WOW- Wake up to peaceful views, coffee in hand, and a front-row seat to the daily show of turtles, ducks, & the fountains dancing water spray from your private balcony. Beautifully decorated and sold fully furnished, this condo is ready to enjoy, rent, or do both--with all appliances plus a washer and dryer already in place. An active VRBO rental and proven rental history are already established, giving you the opportunity to step in and start generating income from day one. And when you're ready for some beach time, you're only 0.8 miles from public beach access and minutes from the sugar-white sands, local restaurants, shopping, entertainment, and endless outdoor fun. But you may find yourself spending more time at Gulf Terrace than you expected! This pet-friendly community offers 3 swimming pools, including a heated pool, a large dog park, 2 tennis and pickleball courts, EV chargers, BBQ grills, picnic areas, and a beautiful lake with a fountain where fishing is welcome on a catch-and-release basis. Two gated entrances--one from Highway 98 and another from Airport Road--make coming and going a breeze, while free parking includes spaces for boats, trailers, and golf carts. And for an added bonus, the property is located outside the flood zone. Whether you're looking for a full-time residence, a beach getaway, or an investment property that already has a rental history, this one brings together the features buyers are looking for: lake views, convenient beach access, resort-style amenities, turnkey furnishings, and established short-term rental income. This is one you'll want to see in person--the views, décor, and overall feel simply don't come through in photos. Schedule your private showing and come see what makes this one stand out!

Full Property Details for 4000 Gulf Terrace Dr #257

General

  • Price: $245,000
  • Taxes: $2,147 (2025)
  • Status: Active
  • Type: Condo
  • Source: Emerald_Coast
  • MLS ID: 1011307
  • Updated: 9/4/2026
  • Added to Site: 29 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, Pool, Tennis, TV Cable, Waterfront

Interior

  • Number of Rooms: 5
  • Interior Features: Owner's Closet, Split Bedroom, 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 the north side of hwy 98 between Shakes frozen custard and Days Inn. Contact agent for Gate code, building 15 is straight ahead, 2nd floor is unit 257

School Information

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

Community

  • Association: Yes
  • Assoc. Fees Include: Ground Keeping, Insurance, Internet Service, Recreational Faclty, Security, Sewer, Telephone, Water, Cable TV, 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

Lot Features

  • Property View: Lake
  • Fencing (Description): Fenced Lot-All

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Lake

Financial Considerations

  • Assessment Amount: $722
  • Tax Amount: $2,147.13
  • Tax Year: 2025

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 The Ketchersid Group LLC

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Listing agents

— 4000 Gulf Terrace Dr #257 —

  • The Ketchersid Group LLC

  • The Ketchersid Group LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 4000 Gulf Terrace Dr #257 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/04/2026
Listed
$245,000
13.95%
MLS
4/21/2026
Sold
$215,000
—
Public Record
Get Price Alerts and Save Property
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 for 4000 Gulf Terrace Dr #257

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,147
3%
$225,000
-2%
2024
$2,089
3%
$230,000
—
2023
$2,035
53%
$230,000
99%
2021
$1,327
-17%
$115,500
-28%
2022
$1,597
20%
$160,000
78%
2021
$1,327
23%
$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
—
View All
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 for 4000 Gulf Terrace Dr #257

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NMLS#: 1598647

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Listed by The Ketchersid Group LLC

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4000 Gulf Terrace Drive #257, Destin, FL 32541 (MLS# 1011307) is a Condo property with 2 bedrooms and 1 full bathroom. 4000 Gulf Terrace Drive #257 is currently listed for $245,000 and was received on September 04, 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.

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