Home\Real Estate\Search Results\4000 Gulf Terrace Drive, 112, Destin, FL 32541

4000 Gulf Terrace Drive, 112, Destin, FL 32541

#968843

RES

2/1

Built in 1973

$240,000

Details

Prime Investment Opportunity: Destin 2BR 1BA Condominium. This first-floor condominium presents a fantastic investment opportunity with NO RENTAL RESTRICTIONS, allowing for flexible income potential. Though it requires upgrades, this unit promises great returns in the sought-after Destin market. 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, EV 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. Never having occupied the property, the seller has consistently rented it long-term, evidencing its strong rental potential. 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.
GENERAL
Real Estate Type RES
Full Bathrooms 1
Half Bathrooms 0
One Quarter Bathrooms 0
Three Quarter Bathrooms 0
Lot Size 0
Real Estate Sub Type Condominium
Stories 2
Year Built 1,973
Unit Number 112
Lot Size Units Acres
Lot Size Area 0
Agent MLS Id E30511
Office Key 20,230,526,210,013,000,000,000,000
Source System Name Emerald Coast Association of REALTORS®
Source System Id M00000138
Agent Url http://www.alinafl.com
Elevation 0
Parcel Number 00-2S-22-1095-0112-0000
Number Of Units Total 0
Tax Legal Description GULF TERRACE UNIT 112
Special Listing Conditions []
Internet Address Display True
Internet Automated Valuation Display True
Property Condition ["Construction Complete"]
Agent Name Alina Jackson
Agent Email [email protected]
Agent Office 850-533-7885
Broker Id EAJA
Office Name Waves of the Emerald Coast Realty LLC
Square Feet 982
Listing Contract Date 2/18/2025
Status Active
BUILDING
Construction ["Block"
"Frame"
"Siding Vinyl"]
Cooling ["Ceiling Fans"
"Central Air"]
Heating ["Central"]
Style ["N/A"]
Interior Features ["Breakfast Bar"
"Pantry"]
Exterior Features ["BBQ Pit/Grill"
"Sprinkler System"
"Tennis Court"]
Appliances ["Dishwasher"
"Microwave"
"Refrigerator"
"Stove/Oven Electric"
"Water Heater - Elect"]
Flooring ["Floor Tile"
"Floor WW Carpet"]
Fireplace False
Parking Total 0
Parking Features []
Waterfront Features []
Window Features []
Security Features []
Other Structures []
Utilities ["Electric"
"Public Water"
"TV Cable"]
Patio And Porch Features ["Patio Covered"]
Basement []
Private Pool False
Spa False
Fencing []
LOCATION
Subdivision GULF TERRACE CONDO
View []
Directions Driving on HWY 98 heading west
turn right
gate access next to Waffle House. CODE required. Pass the gate
take right
building 3 will be on your left
straight across from the tennis courts.
County Okaloosa
Waterfront False
SCHOOLS
Elementary School Destin
Middle School Destin
High School Destin
REAL ESTATE
RoomsTotal 4

Questions

Human check: how many dogs are below?

               

Submit