4000 Gulf Terrace Drive, Unit 281

Destin, FL 32541

$263,000
Price
2
Beds
982 Sq. Ft.
$268 / Sq. Ft.
982
Sq. Ft.
$268
per Sq. Ft.

Description

No rental restrictions! Vacant! STR Allowed! Huge Potential! Destin 2BR 2BA Condominium + Laundry Room with lake view on the second floor. Large Living Room and 2 bathrooms are rare find in the complex. Tile floors throughout. The condo was rented long term for $2300/ month AS IS. New SS Slide in Stove, New SS Refrigerator. Washer and Dryer Convey. The HOA fee covers Building Insurance & Exterior, water, internet, sewer, trash, landscaping, all pools maintenance and gates. The complex offers gated...No rental restrictions! Vacant! STR Allowed! Huge Potential! Destin 2BR 2BA Condominium + Laundry Room with lake view on the second floor. Large Living Room and 2 bathrooms are rare find in the complex. Tile floors throughout. The condo was rented long term for $2300/ month AS IS. New SS Slide in Stove, New SS Refrigerator. Washer and Dryer Convey. The HOA fee covers Building Insurance & Exterior, water, internet, sewer, trash, landscaping, all pools maintenance and gates. The complex offers gated entrances from HWY 98 and from Airport Rd, access to 3 swimming pools (one heated), tennis/pickleball court, clubhouse for owners. Destin is renowned for its stunning beaches, vibrant community, water sports, boating, shopping and dining.
  1. Listed by Alina Jackson • Waves of the Emerald Coast Realty LLC

Property Details for 4000 Gulf Terrace Drive, Unit 281

Subdivision
GULF TERRACE CONDO
MLS Sub Area
1403 - Destin Northwest
Waterfront Type
Lake
Water View
Lake
LISTING UPDATED: 03/09/2025 09:35 PM

Property Details for 4000 Gulf Terrace Drive, Unit 281

StatusActive
MLS #959584
Days on Market156
Taxes$1,169 / year
HOA Fees$628 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1973
CountyOkaloosa County

Building Information for 4000 Gulf Terrace Drive, Unit 281

Building/Complex4000 Gulf Terrace DrFloor2Stories-Residences8Pet Policy-Pet Policy Details-Year Built1973

Property Information for 4000 Gulf Terrace Drive, Unit 281

Summary
Location and General Information
  • Absolute Longitude: 86.467518
  • Directions: Across the street from Sundestin. From Hwy-98, turn North on Gulf Terrace Drive, next to Waffle House. Building 26. Gated Community
  • Longitude: -86.467518
  • Latitude: 30.38947
Taxes and HOA Information
  • Assessment Fees: Yes
  • Assessment Paid: Monthly
  • Fees Include: Ground Keeping,Insurance,Internet Service,Management,Other Utilities,Sewer,Trash,Water
  • Last Tax Year: 2023
  • Assessment Amount: $628
School Information
  • Elementary School: Destin
  • High School: Destin
  • Middle School: Destin
Utilities
  • Utilities: Electric,Public Sewer,Public Water,TV Cable
Parking
  • Garage YN: No
Property
Parking
  • Carport YN: No
Lot Information
  • Area: 14 - Destin
  • Building Design: N/A
  • Stories in Building: 2
Property and Assessments
  • 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
  • Property Type: Residential
Interior and Exterior Features
Exterior Features
  • Exterior: BBQ Pit/Grill, Pool - In-Ground, Sprinkler System, Tennis Court
  • Pool: Yes
  • Pool Type: Community
Interior Features
  • Appliances: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Oven Electric,Washer
  • Energy: AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Elect
  • Interior: Breakfast Bar, Floor Tile, Pantry, Shelving, Washer/Dryer Hookup, Window Treatment All
Room Information
Room Information
  • Bedroom: First
  • Living Room: First
  • Rooms: Bedroom,Kitchen,Laundry,Living Room
Kitchen
  • Kitchen: First
Room 1
  • Dimensions: 18 x 18
  • Length: 18.0
  • Width: 18.0
  • Level: 1
  • Area: 324.0
Room 2
  • Dimensions: 11 x 12
  • Length: 11.0
  • Width: 12.0
  • Level: 1
  • Area: 132.0
Room 3
  • Dimensions: 11 x 12
  • Length: 11.0
  • Width: 12.0
  • Level: 1
  • Area: 132.0
Room 4
  • Dimensions: 8 x 8
  • Length: 8.0
  • Width: 8.0
  • Level: 1
  • Area: 64.0
Room 5
  • Dimensions: 8 x 5.5
  • Length: 8.0
  • Width: 5.5
  • Level: 1
  • Area: 44.0
Multi Family
Unit Information
  • Stories In Unit: 0
  • Units in Building: 8.0
Rental
Rental Information
  • Is Subject Leased: No
  • Immediate Occupancy: Yes

Property History for 4000 Gulf Terrace Drive, Unit 281

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4000 Gulf Terrace Drive, Unit 281

Taxable ValueLand-Additions$230,000Total-
Tax Record2024$2,725 ($227 / month)
Home Facts
Beds2Total Finished SqFt982 SqFtAbove Grade Finished SqFt982 SqFtLot Size812,412 SqFtStyleCondominiumYear Built1973CountyOKALOOSAAPN00-2S-22-1095-0000-0281

Schools near 4000 Gulf Terrace Drive, Unit 281

This home is within Okaloosa County School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Destin Elementary School
PublicPK to 4

Destin Middle School
Public5 to 8

Fort Walton Beach High School
Public9 to 12

Destin High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4000 Gulf Terrace Drive, Unit 281 is a condo for sale in Destin, FL 32541. This property was listed for sale on September 20, 2024 by Waves of the Emerald Coast Realty LLC, it's currently listed at $263,000. It has been on the market for a total of 156 days and was last sold on August 6, 2013. This listing's school district is Okaloosa County School District. Nearby schools include Destin Elementary School, Destin Middle School and Fort Walton Beach High School. 4000 Gulf Terrace Drive, Unit 281 is a 2-bed, 2-bath, 982 sqft condo built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Waves of the Emerald Coast Realty LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.