4000 Gulf Terrace Drive UNIT 131, Destin, FL, 32541

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$235,000
New Listing

4000 Gulf Terrace Drive UNIT 131
Destin, FL 32541

For Sale|Condominium|Active
1
Bed
1
Total Bath
1
Full Bath
738
SqFt
$318
/SqFt
1973
Built
Subdivision:
GULF TERRACE CONDO
County:
Okaloosa
Listing courtesy of The White Sands Team of Levin Rinke Realty

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4000 Gulf Terrace Drive UNIT 1314000 Gulf Terrace Drive UNIT 1314000 Gulf Terrace Drive UNIT 1314000 Gulf Terrace Drive UNIT 131
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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 rents very well and sits right on the lake. 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 second home, or your own affordable home here along the coast, make sure to check this one out!

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Listing Snapshot
Price 
$235,000
Days On Site 
0 Days
Bedrooms 
1
Inside Area (SqFt) 
738 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1973
MLS® Number 
1012278
Status 
Active
Property Tax 
$1,954.19
HOA/Condo/Coop Fees 
$600 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
16 hours agoListing first seen on site
16 hours agoListing updated with changes from the MLS®
General Features
Levels 
One
Parking Spaces 
2
Pets 
Yes
Property Sub Type 
Condominium
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
738
Style 
N/A
Utilities 
Cable Available
Water Source 
Public
Interior Features
Appliances 
DishwasherDryerMicrowaveRefrigeratorWasherElectric Water HeaterElectric Oven
Cooling 
Central AirElectric
Flooring 
Tile
Furnished 
Furnished
Heating 
CentralElectric
Interior 
Breakfast BarCrown Molding
Laundry Features 
Common Area
Window Features 
Window Treatments
Dining Room 
Dimensions - 22 x 6Level - First
Full Bathroom 
Dimensions - 10 x 5Level - First
Kitchen 
Dimensions - 8 x 5Level - First
Living Room 
Dimensions - 25 x 22Level - First
Master Bedroom 
Dimensions - 18 x 10Level - First
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Exterior Features
Construction Details 
Vinyl Siding
Frontage 
Lakefront
Lot Features 
Waterfront
Patio And Porch 
PatioCovered
Roof 
Metal
View 
Lake
Waterfront 
Yes
Waterfront Features 
Lake Front
Waterview 
Lake
Windows/Doors 
Window Treatments
Community Features
Association Fee 
$600.0
Association Fee Frequency 
Monthly
Community Features 
GatedPoolTennis Court(s)
MLS Area 
14 - Destin
Schools
School District
Unknown
Elementary School
Destin
Middle School
Destin
High School
Destin
Listing courtesy of The White Sands Team of Levin Rinke Realty



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Emerald Coast Association of Realtors MLS.
Last checked: 2026-09-19 09:04 AM UTC

Neighborhood & Commute
Source: Walkscore
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