4000 Gulf Terrace Drive 257, Destin, FL 32541

$245,000

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 982 Status: Active

Current Price: $245,000 List Date: 9/04/2026 Last Modified: 9/04/2026

Overview

Description

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 ... (Read more)

Supplements: 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 ... (Read more)

Listing Details MLS# 1011307

Contract Info

List Price/SqFt: 249.49
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-22-1095-0000-0257

General Property Info

Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 982
SqFt Source: County PA Records
Full Baths: Yes
Total Bathrooms: Yes
Stories In Unit: Yes
# of Units in Bldg: 8
Stories in Building: 2
Unit Floors Above Ground: 2
Year Built: 1973
Immediate Occupancy: Yes
Pre-Const Flip: No
Garage: No
Carport: No
Pool: Yes
Pool Type: Community

More Information

Property Features

Construction Status: Construction Complete Waterfront: Lake Waterview: Lake Project Facilities: BBQ Pit/Grill; Community Room; Dumpster; Gated Community; Laundry; Pavillion/Gazebo; Pets Allowed; Pickle Ball; Picnic Area; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront Exterior: Balcony; Fenced Lot-All Interior: Floor Tile; Floor Vinyl; Floor WW Carpet; Furnished - All; Owner's Closet; Split Bedroom; Washer/Dryer Hookup; Window Treatment All; Woodwork Stained Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven Self Cleaning; Refrigerator W/IceMk; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Full Bathroom: First Rooms: Bedroom; Full Bathroom; Kitchen; Living Room; Master Bedroom Financing: Conventional; Other Fees Include: Ground Keeping; Insurance; Internet Service; Recreational Faclty; Security; Telephone; Trash; TV Cable; Water

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	17.1 x 14.9	17.10	14.90
Kitchen	First	8.8 x 8.9	8.80	8.90
Full Bathroom	First	15 x 5.6	15.00	5.60
Master Bedroom	First	11.1 x 12.8	11.10	12.80
Bedroom	First	10.11 x 12.8	10.11	12.80

Listing Office: The Ketchersid Group LLC

Last Updated: September - 04 - 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.