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4000 Gulf Terrace Drive , Unit 131

Destin, FL 32541
  • $245,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 970919
New On Site 6 Days Ago
$245,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 780
    SQFT
  • $314
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1973
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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!

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© 2025 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Somers & Company. Vendor Member number: 28178. Data last updated: 2025-03-18T21:01:02.93.
Vendor Member #28178.
www.somerscompany.com/homes/161359285
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4000 Gulf Terrace Drive , Unit 131 Destin, FL 32541

  • Price: $245,000
  • Status: Active
  • On Site: 6 Days
  • MLS #: 970919
1
Beds
1
Baths
0
½ Baths
N/A
Acres
780
SQFT
$314
$/SQFT
1973
Built
Neighborhood:
Gulf Terrace Condo
County:
Okaloosa
Area:
Destin
Elementary School:
Destin
Middle School:
Destin
High School:
Destin
Property Description
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!
Exterior Features

Architectural Style N/A Carport YN No Construction Materials Roof MetalVinyl Siding Exterior Features Patio Covered Lot Features [] Parking Features [] Pool YN Yes Road Frontage Type [] Road Surface Type [] View Lake Waterfront Features Lake

Interior Features

Appliances DishwasherDryerMicrowaveRefrigeratorSmoke DetectorStove/Oven ElectricWasher Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Interior Features Breakfast BarCeiling Crwn MoldingFloor TileFurnished - AllWindow Treatment All Primary Bedroom First Floor Yes Rooms Total 5

Property Features

Association Fee Frequency Monthly Association Fee Includes AccountingGround KeepingInsuranceInternet ServiceMaster AssociationRecreational FacltySewerWaterCable TVTrash Association Fee2 600 Association YN Yes Buyer Financing ConventionalFHAVA Community Features BBQ Pit/GrillCommunity RoomDumpsterGated CommunityLaundryPavillion/GazeboPets AllowedPicnic AreaPoolTennisTV Cable Green Energy Efficient [] New Construction YN No Pool Type Community Property Condition Construction Complete Property Sub Type Condominium Special Listing Conditions [] Tax Amount 2448.98 Tax Year 2023 Utilities Public SewerPublic WaterTV Cable

Listing courtesy of Levin Rinke Realty: 850-916-5050.


© 2025 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Somers & Company. Vendor Member number: 28178. Data last updated: 2025-03-18T21:01:02.93.
Vendor Member #28178.
 
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