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$258,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 982 Sq. Ft.
  • Updated 2 days ago
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Turnkey Destin opportunity with fresh updates and strong rental performance. This well-maintained condo features new luxury vinyl plank flooring throughout, creating a clean, modern look that is both stylish and durable for vacation rental use. The property has already generated nearly $20,000 in bookings for 2026, offering buyers immediate income potential and a proven head start for the year. Whether you are looking for a vacation getaway, investment property, or a combination of both, this unit offers an attractive opportunity in the heart of Destin. Conveniently located near Destin's beaches, shopping, dining, entertainment, and everything that makes the Emerald Coast such a popular destination. Sold ready for its next owner to enjoy and capitalize on the existing rental momentum.

Full Property Details for 4000 Gulf Terrace Dr #259

General

  • Price: $258,000
  • Taxes: $2,546 (2025)
  • Status: Active
  • Type: Condo
  • Source: Emerald_Coast
  • MLS ID: 1010146
  • Updated: 8/19/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Complex Features: Short Term Rental - Allowed, BBQ Pit/Grill, Community Room, Fishing, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Pool, Tennis, TV Cable

Interior

  • Number of Rooms: 5
  • Interior Features: Built-In Bookcases, Kitchen Island, Washer/Dryer Hookup
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, 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: From Highway 98 west of Shakes on the north side. Take a right after coming through the gate and then a left after the first island. Bldg. 15 is the first building to the right of the community pool. Unit is upstairs.

School Information

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

Community

  • Association: Yes
  • Assoc. Fees Include: Ground Keeping, Insurance, Internet Service, Management, Sewer, 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
  • Exterior Const.: Block, Frame, Siding Vinyl, Stucco
  • Square Feet: 982
  • Sq. Ft. Source: County PA Records
  • Year Built: 1977

Financial Considerations

  • Assessment Amount: $722
  • Tax Amount: $2,546.36
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Accept Backup Offers
  • Legal Description: Gulf Terrace, Unit 259, Building 15
  • APN: 00-2S-22-1095-0000-0259
  • Property ID: 00-2S-22-1095-0000-0259

Listed by Dream Destin Realty PLLC

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Listing agents

— 4000 Gulf Terrace Dr #259 —

  • Dream Destin Realty PLLC

  • Dream Destin Realty PLLC

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 #259 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/19/2026
Listed
$258,000
13.53%
MLS
4/08/2025
Sold
$227,250
—
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 #259

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,546
22%
$215,000
-7%
2024
$2,089
-1%
$230,000
-6%
2023
$2,117
63%
$245,000
123%
2021
$1,295
-22%
$110,000
-35%
2022
$1,653
28%
$170,000
89%
2021
$1,295
20%
$90,000
6%
2019
$1,078
12%
$85,000
13%
2018
$963
2%
$75,000
4%
2017
$941
4%
$72,000
3%
2016
$905
8%
$70,000
11%
2015
$835
6%
$63,000
7%
2014
$791
6%
$59,000
7%
2013
$744
—
$55,000
—
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.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Dream Destin Realty PLLC

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4000 Gulf Terrace Drive #259, Destin, FL 32541 (MLS# 1010146) is a Condo property with 2 bedrooms and 1 full bathroom. 4000 Gulf Terrace Drive #259 is currently listed for $258,000 and was received on August 19, 2026. Want to learn more about 4000 Gulf Terrace Drive #259? 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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