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4000 Gulf Terrace Drive , #187

Destin, FL 32541
  • $194,000
  • STATUS: Pending
  • ON SITE: 41 Days
  • MLS #: 1004965
Pending
UPDATED: 177 min ago
$194,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 738
    SQFT
  • $263
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1973
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Turnkey Investment Opportunity! This beautifully updated 1-bedroom condo comfortably sleeps up to 6 guests and is ideally located in the heart of the area, just minutes from sugar-white beaches, popular restaurants, shopping, and local attractions. Situated on the ground floor for easy access, this well-maintained unit offers convenience and comfort for both owners and guests. Inside, you'll find tasteful coastal décor, stainless steel appliances, a flat-surface stove, and an updated shower/tub combination that adds a modern touch. The open layout maximizes space and functionality, making it an ideal vacation retreat or income-producing rental property. Resort-style amenities include multiple swimming pools, tennis courts, a scenic lake, grilling areas, and beautifully maintained grounds. Whether relaxing by the pool, enjoying outdoor activities, or exploring the nearby beaches and entertainment, guests have everything they need for an unforgettable stay. With a strong rental history and excellent location, this condo is the perfect choice for investors, second-home buyers, or anyone seeking an affordable beach getaway with exceptional earning potential.

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© 2026 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 Scenic Sotheby's International Realty. Vendor Member number: 28178. Data last updated: 2026-07-20T00:00:45.24.
Vendor Member #28178.
www.scenicsir.com/homes/177439039
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4000 Gulf Terrace Drive , #187 Destin, FL 32541

  • Price: $194,000
  • Status: Pending
  • On Site: 41 Days
  • Updated: 177 min ago
  • MLS #: 1004965
1
Beds
1
Baths
0
½ Baths
N/A
Acres
738
SQFT
$263
$/SQFT
1973
Built
Neighborhood:
Gulf Terrace Condo
County:
Okaloosa
Area:
Destin
Elementary School:
Destin
Middle School:
Destin
High School:
Destin
Property Description
Turnkey Investment Opportunity! This beautifully updated 1-bedroom condo comfortably sleeps up to 6 guests and is ideally located in the heart of the area, just minutes from sugar-white beaches, popular restaurants, shopping, and local attractions. Situated on the ground floor for easy access, this well-maintained unit offers convenience and comfort for both owners and guests. Inside, you'll find tasteful coastal décor, stainless steel appliances, a flat-surface stove, and an updated shower/tub combination that adds a modern touch. The open layout maximizes space and functionality, making it an ideal vacation retreat or income-producing rental property. Resort-style amenities include multiple swimming pools, tennis courts, a scenic lake, grilling areas, and beautifully maintained grounds. Whether relaxing by the pool, enjoying outdoor activities, or exploring the nearby beaches and entertainment, guests have everything they need for an unforgettable stay. With a strong rental history and excellent location, this condo is the perfect choice for investors, second-home buyers, or anyone seeking an affordable beach getaway with exceptional earning potential.
Exterior Features

Architectural Style N/A Carport YN No Construction Materials [] Door Features [] Exterior Patio CoveredPorch OpenRenovated Exterior Features [] Foundation Details [] Garage YN No Parking [] Parking Total 0 Patio And Porch Features Patio CoveredPorch Open Pool Yes Pool Features [] Roof [] View [] Window Features []

Interior Features

Appliance Info DishwasherDryerRefrigeratorWasherSmooth Stovetop Rnge Appliances DishwasherDryerRefrigeratorWasherElectric Water Heater Basement [] Bedroom Level First Cooling Central Air Cooling YN Yes Fireplace Features [] Flooring [] Furnished Furnished Heating Central Heating YN Yes Interior FireplaceFurnished - All Interior Features Fireplace Kitchen Level First Living Room Level First Rooms BedroomKitchenLiving Room Rooms Total 3 Stories In Unit 1 Unit Floors Above Ground 1

Property Features

Assessment Amount 601.79 Assessment Paid Monthly Association Fee Includes Maintenance GroundsLegalManagementUtilitiesSecurityCable TVTrashWater Association YN Yes Buyer Financing [] Community Features DumpsterGatedLaundryPavillion/GazeboPicnic AreaPoolTV CableTennis Court(s)Pets AllowedPickleballShort Term Rental - Allowed Energy AC - Central ElectHeat Cntrl ElectricWater Heater - Elect Fees Include AccountingGround KeepingLegalManagementOther UtilitiesSecurityTV CableTrashWaterMaster Association Fencing [] Financing Conventional Green Energy Efficient [] Is Subject Leased No Lot Features [] New Construction YN No Number Of Units In Building 4 Number Of Units In Community 4 Other Equipment [] Other Structures [] Property Condition Construction CompleteRenovated Property Sub Type Condominium Road Frontage Type [] Road Surface Type [] Security Features [] Special Listing Conditions [] Stories Total 2 Tax Annual Amount 1500.82 Tax Year 2025 Utilities [] Utility Info ElectricPublic SewerPublic WaterTV Cable Water Source Public Waterfront Features []

Listing courtesy of EXP Realty LLC: 850-460-2900.



© 2026 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 Scenic Sotheby's International Realty. Vendor Member number: 28178. Data last updated: 2026-07-20T00:00:45.24.
Vendor Member #28178.
 
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