$285,000
Destin, FL 32541
MLS# 947941
2 beds | 1 baths | 982 sqft
1 / 27
Property Description
Discover your perfect vacation retreat and/OR Investment! This fully-furnished 2-bedroom, 1-bathroom condo offers serene lake views from its private patio. This unit features a spacious living area, a well-equipped kitchen, and a dining space. Enjoy the convenience of a washer and dryer inside the unit. With an average vacation rental income of $40k/year, this investment opportunity is a gem. Located in a gated neighboring the Emerald Coast beaches, shopping, dining, and attractions like The Track and Big Kahunas. Pet-friendly with a strong Airbnb history of short rentals. Community amenities include 3 pools, tennis courts, clubhouse, BBQ grills, and picnic areas. On-site maintenance and laundry facilities, plus bike racks and parking for boats, golf carts, and RVs.
Details
Status Change Info
Status: Active
Contract Info
List Date: 2024-04-21
Current Price: $285,000
List Price: $285,000
List Price/SqFt: 290.22
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 14 - Destin
Street #: 4000
Street Name: Gulf Terrace
Street Suffix: Drive
Unit #: UNIT 150
State: FL
Zip Code: 32541
County: Okaloosa
Sub Area: 1403 - Destin Northwest
Project Name/Subdivision: GULF TERRACE CONDO
Parcel ID: 00-2S-22-1095-0000-0150
Elementary School: Destin
Middle School: Destin
High School: Destin
Legal Description: GULF TERRACE TWO UNIT 150
General Property Info
Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 982
SqFt Source: County PA Records
Bedrooms: 2
Full Baths: 1
Total Bathrooms: 1
Stories In Unit: 1
Unit Floors Above Ground: 1
Year Built: 1973
Immediate Occupancy: Yes
Garage: No
Carport: No
Pool: Yes
Pool Type: Community
Listing Info, Tax & Legal
Homestead: No
Assessment Fees: Yes
Assessment Amount: 598
Annual Assessment Amount: 7176
Assessment Paid: Monthly
Is Subject Leased: No
New Buyer Fee: Yes
New Buyer Fee Amt: 350
New Buyer Fee Paid: $
Last Taxes: 2163.81
Last Tax Year: 2023
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Discover your perfect vacation retreat and/OR Investment! This fully-furnished 2-bedroom, 1-bathroom condo offers serene lake views from its private patio. This unit features a spacious living area, a well-equipped kitchen, and a dining space. Enjoy the convenience of a washer and dryer inside the unit. With an average vacation rental income of $40k/year, this investment opportunity is a gem.
Located in a gated neighboring the Emerald Coast beaches, shopping, dining, and attractions like The Track and Big Kahunas. Pet-friendly with a strong Airbnb history of short rentals. Community amenities include 3 pools, tennis courts, clubhouse, BBQ grills, and picnic areas. On-site maintenance and laundry facilities, plus bike racks and parking for boats, golf carts, and RVs.
Office/Member Info
Single Agent Comp: 2.25
Single Agent Comp Type: %
Trans Broker Comp: 2.25
Trans Broker Comp Type: %
Non-Rep Comp: 2.25
Non-Rep Comp Type: %
Property Features
Construction Status: Construction Complete
Waterfront: Lake; Unit Waterfront
Waterview: Lake
Project Facilities: BBQ Pit/Grill; Community Room; Dumpster; Fishing; Gated Community; Laundry; Pavillion/Gazebo; Pets Allowed; Picnic Area; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront
Construction/Siding: Block; Frame; Roof Flat; Roof Metal; Siding Vinyl
Exterior: Patio Covered
Interior: Breakfast Bar; Floor Tile; Floor WW Carpet; Furnished - All
Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Stove/Oven Electric; Washer
Utilities: Electric; Public Sewer; Public Water; TV Cable
Energy: AC - Central Elect; Heat Cntrl Electric; Water Heater - Elect
Bedroom: First
Kitchen: First
Living Room: First
Rooms: Bedroom; Kitchen; Living Room
Financing: Conventional; Other
Fees Include: Accounting; Ground Keeping; Insurance; Internet Service; Legal; Management; Security; Sewer; Trash; TV Cable; Water
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Living Room | First | 14 x 12 | 14.00 | 12.00 | 14 x 12 |
| Bedroom | First | 11 x 12 | 11.00 | 12.00 | 11 x 12 |
| Bedroom | First | 11 x 12 | 11.00 | 12.00 | 11 x 12 |
| Kitchen | First | 9 x 8 | 9.00 | 8.00 | 9 x 8 |
Listing Office: The Property Group 850 Inc
Last Updated: May - 02 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
