4000 Gulf Terrace Drive 228, Destin, FL 32541

$265,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 738 Status: Active

Current Price: $265,000 List Date: 8/04/2026 Last Modified: 10/14/2026

Overview

Description

Thinking Destin? You found the perfect condo! Rental potential of $55k+ annually. Not only does this beautifully renovated unit come fully furnished, it has 2 FULL bathrooms which is a rarity at this price. Located in the heart of Destin, close to all attractions, shopping, yummy food, & the beach!! This complex has so much to offer - multiple swimming pools, pickleball/tennis, upgraded laundry on site, dog park, and EV charging! This is a STEAL! This would make the perfect investment property or primary residence. Pet friendly gives advantages for future renters! Inside you'll find a large main bedroom and custom designed bathroom, an open floor plan offering a place for families to truly enjoy together, and a bunk room with an additional bathroom (I know, I'm saying it again because it's that good!) If you've been visiting Destin and looking for a sign to take that leap - THIS IS IT!!!

Listing Details MLS# 1009137

Contract Info

List Price/SqFt: 359.08
Listing Board: Emerald Coast

Location Tax and Legal

Area: 14 - Destin
Street #: 4000
Street Name: Gulf Terrace
Street Suffix: Drive
State: FL
Zip Code: 32541
County: Okaloosa
Project Name/Subdivision: GULF TERRACE CONDO
Parcel ID: 00-2S-22-1095-0228-0000

General Property Info

Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 738
SqFt Source: County PA Records
Full Baths: 2
Total Bathrooms: 2
Stories In Unit: 2
Unit Floors Above Ground: 2
Year Built: 1973
Immediate Occupancy: Yes
Garage: No
Carport: No
Pool: Yes
Pool Type: Community

More Information

Property Features

Construction Status: Construction Complete Project Facilities: BBQ Pit/Grill; Gated Community; Laundry; Pavillion/Gazebo; Pets Allowed; Pickle Ball; Picnic Area; Pool; Short Term Rental - Allowed; Tennis Exterior: BBQ Pit/Grill; Pavillion/Gazebo; Pool - In-Ground; Porch; Renovated; Sprinkler System; Tennis Court Interior: Floor Vinyl; Furnished - All; Owner's Closet; Pantry; Renovated Appliances: Dishwasher; Microwave; Refrigerator; Stove/Oven Electric Utilities: Electric; Public Sewer; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric Master Bedroom: First Living Room: First Full Bathroom: First Rooms: Balcony; Bunk Room; Full Bathroom; Living Room; Master Bathroom; Master Bedroom Fees Include: Ground Keeping; Master Association; Other Utilities; Trash; TV Cable; Water

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	12 x 18	12.00	18.00
Master Bedroom	First	12 x 12	12.00	12.00
Master Bathroom	First	6 x 6	6.00	6.00
Bunk Room	First	8 x 6	8.00	6.00
Full Bathroom	First	4 x 5	4.00	5.00
Balcony	First	6 x 6	6.00	6.00

Listing Office: Coldwell Banker Realty

Last Updated: October - 14 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.