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4000 Gulf Terrace Drive, UNIT 131, Destin, FL 32541
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4000 Gulf Terrace Drive, UNIT 131, Destin, FL 32541
#970919
RES
1/1
Built in 1973
$245,000
Photos
Details
Location
Questions
Details
Profitable Short-Term Rental - No Milestone Inspections Required! Looking for an investment property that actually makes financial sense? This turnkey one-bedroom condo in Gulf Terrace generated about $35,000 in gross rental income in 2024 and is exempt from costly Milestone inspections! Located in the heart of Destin, Gulf Terrace offers an unbeatable location with 26 acres of beautifully manicured grounds, featuring three pools, two tennis courts, and a spring-fed lake for a fantastic view. This fully furnished condo comfortably accommodates up to six guests with a king bed in the master and a queen sleeper sofa in the living room. Enjoy lake views from the spacious patio, easy access to the pool, and a bright, open living area. Whether you're looking for a high-performing rental, a vacation getaway, or a primary residence, Gulf Terrace 131 checks all the boxes. Plus, you're just minutes from Destin Commons, world-class dining, and sugar-white beaches. Don't miss this profitable and hassle-free opportunity! Schedule your showing today!
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
0
Year Built
1,973
Unit Number
UNIT 131
Lot Size Units
Acres
Lot Size Area
0
Agent MLS Id
TELR1
Office Key
20,140,121,012,109,000,000,000,000
Source System Name
Emerald Coast Association of REALTORS®
Source System Id
M00000138
Elevation
0
Parcel Number
00-2S-22-1095-0131-0000
Number Of Units Total
0
Tax Legal Description
GULF TERRACE UNIT 131
Special Listing Conditions
[]
Internet Address Display
True
Internet Automated Valuation Display
True
Property Condition
["Construction Complete"]
Agent Name
The White Sands Team
Agent Email
[email protected]
Agent Office
850-259-5180
Broker Id
EL&R
Office Name
Levin Rinke Realty
Listing Contract Date
3/12/2025
Square Feet
780
Days On Market
0
Status
Active
BUILDING
Construction
["Roof Metal"
"Vinyl Siding"]
Cooling
["Central Air"]
Heating
["Central"]
Style
["N/A"]
Interior Features
["Breakfast Bar"
"Ceiling Crwn Molding"
"Floor Tile"
"Furnished - All"
"Window Treatment All"]
Exterior Features
["Patio Covered"]
Appliances
["Dishwasher"
"Dryer"
"Microwave"
"Refrigerator"
"Smoke Detector"
"Stove/Oven Electric"
"Washer"]
Fireplace
False
Parking Total
0
Parking Features
[]
Waterfront Features
["Lake"]
Window Features
[]
Rooms
5
Other Structures
[]
Utilities
["Public Sewer"
"Public Water"
"TV Cable"]
Private Pool
False
Spa
False
Fencing
[]
LOCATION
Subdivision
GULF TERRACE CONDO
View
["Lake"]
Directions
From Hwy 98
turn north onto Gulf Terrace Drive. The building is located directly behind Building 8
County
Okaloosa
Waterfront
True
SCHOOLS
Elementary School
Destin
Middle School
Destin
High School
Destin
Questions
First Name
Last Name
Email
Question
Human check: how many dogs are below?
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