4000 Gulf Terrace Drive Unit 131 Destin, FL 32541
Listing Courtesy of: EMERALD COAST / Levin Rinke Realty

  4000 Gulf Terrace Drive Unit 131 Destin, FL 32541

Active (86 Days)
$239,000
1
BED
1
BATH
780
SQFT

Description

Profitable Short-Term Rental - No Milestone Inspections Required! Looking for an investment property that actually makes financial sense? This turnkey one-bedroom condo in Gulf Terrace generated about $35,000 in gross rental income in 2024 and is exempt from costly Milestone inspections! Located in the heart of Destin, Gulf Terrace offers an unbeatable location with 26 acres of beautifully manicured grounds, featuring three pools, two tennis courts, and a spring-fed lake for a fantastic view. This fully furnished condo comfortably accommodates up to six guests with a king bed in the master and a queen sleeper sofa in the living room. Enjoy lake views from the spacious patio, easy access to the pool, and a bright, open living area. Whether you're looking for a high-performing rental, a vacation getaway, or a primary residence, Gulf Terrace 131 checks all the boxes. Plus, you're just minutes from Destin Commons, world-class dining, and sugar-white beaches. Don't miss this profitable and hassle-free opportunity! Schedule your showing today!

MLS #:
970919
Taxes
$2,449(2023)
Type
Condo
Year Built
1973
Views
Lake
County
Okaloosa County

Listed By

The White Sands Team, Levin Rinke Realty
Source
EMERALD COAST
Last checked Jun 7 2025 at 4:32 AM CDT
Bathroom Details
  • Full Bathroom: 1
Interior Features
  • Breakfast Bar
  • Ceiling Crwn Molding
  • Floor Tile
  • Furnished - All
  • Window Treatment All
Kitchen
  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Smoke Detector
  • Stove/Oven Electric
  • Washer
Subdivision
  • Gulf Terrace Condo
Heating and Cooling
  • Central
  • Central Air
Homeowners Association Information
  • Dues: $600/Monthly
Utility Information
  • Utilities: Public Sewer, Public Water, Tv Cable
School Information
  • Elementary School: Destin
  • Middle School: Destin
  • High School: Destin
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Apr 11, 2025
Price Changed
$239,000
-2%
-6,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 AllPoints Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 Emerald Coast Association of REALTORS Last Updated: 6/6/25 21:32
Vendor Number:29098