Home\Real Estate\Search Results\4000 Gulf Terrace Drive UNIT 131, Destin, FL 32541

4000 Gulf Terrace Drive UNIT 131, Destin, FL 32541

#989655

RES

1/1

Built in 1973

$245,000

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
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 11/14/2025
Square Feet 738
Days On Market 1
Status Active
Property Condition ["Construction Complete"]
BUILDING
Construction ["Siding Vinyl"]
Cooling ["Central Air"]
Heating ["Central"]
Style ["N/A"]
Interior Features ["Breakfast Bar"
"Ceiling Crwn Molding"]
Exterior Features []
Appliances ["Dishwasher"
"Dryer"
"Microwave"
"Refrigerator"
"Smoke Detector"
"Stove/Oven Electric"
"Washer"
"Water Heater - Elect"]
Flooring ["Floor Tile"]
Fireplace False
Parking Total 0
Parking Features []
Waterfront Features ["Lake"]
Window Features ["Window Treatment All"]
Rooms 5
Security Features []
Other Structures []
Utilities ["Public Water"
"TV Cable"]
Patio And Porch Features ["Patio Covered"]
Basement []
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

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