


4000 Gulf Terrace Drive Unit 137 Destin, FL 32541
Description
953955
Condo
1973
Lake
Okaloosa County
Listed By
EMERALD COAST
Last checked Jun 7 2025 at 4:58 AM CDT
- Full Bathroom: 1
- Breakfast Bar
- Newly Painted
- Owner's Closet
- Pantry
- Washer/Dryer Hookup
- Dishwasher
- Disposal
- Microwave
- Oven Self Cleaning
- Refrigerator
- Stove/Oven Electric
- Water Heater - Elect
- Gulf Terrace Condo
- Central
- Ceiling Fans
- Central Air
- Dues: $523/Monthly
- Utilities: Electric, Public Water, Tv Cable, Other
- Elementary School: Destin
- Middle School: Destin
- High School: Destin
Listing Price History
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
Interest rate
%Vendor Number:29098
Gulf Terrace Complex is a gated community, free parking, pets are allowed and resort like amenities, 3 new swimming pools, lake, tennis / pickle ball court, homeowners club house. Centrally located to all Destin's attractions, restaurants, shopping, entertainment, beach access 0.8 miles away. All measurements are approximate and to be verified by buyer. All information to be verified by buyer. This first-floor condominium presents a fantastic investment opportunity with NO RENTAL RESTRICTIONS, allowing for flexible income potential. It is part of the most affordable complex to own in Destin. All offers are welcome! No Flood Zone! Community Features: gated entrances from HWY 98 and Airport Rd, Access to 3 swimming pools, including one heated, Tennis/pickleball court and a clubhouse for owners. HOA Coverage: The monthly fee covers building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates, ensuring low maintenance for the homeowner. See More Section
Seller's Motivations and Additional Property Features:
The seller is motivated and willing to assist with closing costs, making this an even more attractive opportunity.
The complex offers convenient boat parking exclusively for owners at a minimal monthly fee, catering to those who love boating adventures. Additionally, the on-site laundry facility is undergoing a remodel to enhance its modern look and efficiency.
Located just 0.7 miles from public beach access, this property positions residents right across the street from the Gulf of America. This condominium is in close proximity to popular attractions such as the Morgan Sportsplex, The Track, Big Kahuna Waterpark, and the Sun Destin Hotel featuring the PhatFish Restaurant. These nearby destinations add significant appeal for both residents and potential renters. Within the complex, you'll find Quail Lake, a recently stocked catch-and-release natural aquifer, perfect for leisurely fishing and relaxation.