4000 Gulf Terrace Drive 257, Destin, FL 32541 (MLS# 986605)

4000 Gulf Terrace Drive 257, Destin, FL 32541

$219,900

Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 982 Status: Active

Current Price: $219,900 List Date: 10/01/2025 Last Modified: 2/15/2026

Description

Welcome to Gulf Terrace! This charming condo offers the perfect blend of comfort, convenience, and investment potential. Located less than a mile from Big Kahuna's Water Park, this property is ideal for a vacation home, rental, or primary residence. Enjoy serene lake views right from your living room, creating a peaceful backdrop for your morning coffee or evening relaxation. This unit is move-in ready and fully furnished, featuring a 2018 HVAC unit, 2024 water heater, a newer stove, and a washer and dryer for added convenience. Gulf Terrace is a gated community offering fantastic amenities including a sparkling pool, tennis courts, clubhouse, and plenty of green space for your pets — yes, this complex is pet-friendly! Best of all, Gulf Terrace allows short-term rentals, making this an

Supplements: excellent opportunity for investors looking to maximize rental income in a prime Destin location. Conveniently close to the beach, dining, shopping, and entertainment, this condo offers the full Destin lifestyle at an incredible value. Schedule your showing today and make this beautiful condo yours!

More Information MLS# 986605

Status Change Info

Status: Active

Contract Info

List Date: 2025-10-01 Current Price: $219,900 List Price: $219,900 List Price/SqFt: 223.93 Listing Board: Emerald Coast

Location Tax and Legal

Area: 14 - Destin Street #: 4000 Street Name: Gulf Terrace Street Suffix: Drive State: FL Zip Code: 32541 County: Okaloosa Project Name/Subdivision: GULF TERRACE CONDO Parcel ID: 00-2S-22-1095-0000-0257

General Property Info

Sub-Type: Condominium Design: N/A Apx SqFt(Htd/Cooled): 982 SqFt Source: County PA Records Bedrooms: 2 Full Baths: 1 Total Bathrooms: 1 Stories In Unit: 1 # of Units in Bldg: 8 Stories in Building: 2 Unit Floors Above Ground: 2 Year Built: 1973 Immediate Occupancy: Yes Pre-Const Flip: No Garage: No Carport: No Pool: Yes Pool Type: Community

Property Features

Construction Status: Construction Complete Waterfront: Lake Project Facilities: BBQ Pit/Grill; Community Room; Dumpster; Gated Community; Laundry; Pavillion/Gazebo; Pets Allowed; Pickle Ball; Picnic Area; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront Exterior: Balcony Interior: Floor Tile; Floor Vinyl; Floor WW Carpet; Furnished - All; Owner's Closet; Washer/Dryer Hookup; Window Treatmnt Some; Woodwork Stained Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven Self Cleaning; Refrigerator W/IceMk; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Full Bathroom: First Rooms: Bedroom; Full Bathroom; Kitchen; Living Room; Master Bedroom Financing: Conventional; Owner Fees Include: Ground Keeping; Insurance; Internet Service; Trash

Room Information

Living Room Level: First Dimensions: 17.1 x 14.9 Length: 17.10 Width: 14.90 Dimensions: 17.1 x 14.9 Kitchen Level: First Dimensions: 8.8 x 8.9 Length: 8.80 Width: 8.90 Dimensions: 8.8 x 8.9 Full Bathroom Level: First Dimensions: 15 x 5.6 Length: 15.00 Width: 5.60 Dimensions: 15 x 5.6 Master Bedroom Level: First Dimensions: 11.1 x 12.8 Length: 11.10 Width: 12.80 Dimensions: 11.1 x 12.8 Bedroom Level: First Dimensions: 10.11 x 12.8 Length: 10.11 Width: 12.80 Dimensions: 10.11 x 12.8

Listing Office: ERA American Real Estate

Last Updated: February - 15 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.