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Presented by: Dream Destin Realty PLLC Powered by Highrises

4000 Gulf Terrace Dr Unit 161, Destin, FL 32541 listing image 1

For Sale

$225,000

4000 Gulf Terrace Dr Unit 161, Destin, FL 32541

1Bed
2Baths
873SqFt

1Bed
2Baths
873SqFt

Property Type
Condo
Year Built
1973
HOA Fees
$498/mo
Price per Sqft
$258
On highrises
2 Days

Property Details

Rental Machine with Gross Revenue of $34, 945.65 in 2022 and $30, 909.08 in 2023.Rare Find 1 Bedroom 2 Baths, very spacious condo. Beautiful view of the Lake. Close to the pool & club house. Easy access. First floor walk out. Patio area closed in. Breakfast bar, tiled floors, granite counters, new appliances. many updates to this condo. Great rental for short or long term. Close to Beaches, Restaurants, Shopping & Entertainment. Amenities include: 3 Pools, Tennis, Out Door Grills, Community Room.

Property Features

Bedrooms

Bedrooms: 1
Bedroom 1 Dimensions: 12 x 11
Bedroom 1 Level: 1

Bathrooms

Total Bathrooms: 2 / 0
Full Bathrooms: 2

Interior Features

Breakfast Bar
Floor Tile
Furnished - All
Washer/Dryer Hookup

Appliances

Dishwasher
Refrigerator
Stove/Oven Electric

Other Rooms

Bedroom, Dining Room, Kitchen

Kitchen and Dining

Dining Room Dimensions: Dining Room Dimensions: 18 x 17
Dining Room Level: 1
Kitchen Dimensions: 12 x 8
Kitchen Level: First

Exterior and Lot Features

Sprinkler System

Pool and Spa

Pool Features: Community

Waterfront and Water Access

Lake

Home Features

View: Lake
Energy: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect

Rental Info

Existing Lease Type: 0 - 6 Months

Homeowners Association

Association: Yes
Association Fee: 498
Association Fee Frequency: Monthly
Association Fee Includes: Ground Keeping, Insurance, Internet Service, Legal, Management, Sewer, Trash, TV Cable, Water
Calculated Total Monthly Association Fees: 498

School Information

Elementary School: Destin
High School: Fort Walton Beach
Middle School: Destin

Amenities and Community Features

Facilities: BBQ Pit/Grill, Community Room, Gated Community, Laundry, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable

Other Property Info

Annual Tax Amount: 2047.89
Source Listing Status: Active
County: Okaloosa
Directions: Across the street from Sundestin. On the North side of HWY 98. Between Chick fil- A & the waffle house
Tax Year: 2023
Source Property Type: Residential
Area: 14 - Destin
Property Subtype: condo
Source Neighborhood: GULF TERRACE CONDO
Parcel Number: 00-2S-22-1095-0000-0161
Subdivision: GULF TERRACE CONDO
Property Subtype: Condominium
Source System Name: C2C

Building and Construction

Total Square Feet Living: 873
Year Built: 1973
Building Exterior Type: Block, Frame, Roof Flat, Roof Metal, Siding Vinyl
Property Age: 51
Building Total Stories: 2
Year Built Details: Construction Complete

Utilities

Electric
Public Sewer
Public Water
TV Cable

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
07/01/2024	Listed	$225,000	$258	NWFlorida
02/19/2023	Listing removed	-	-	NWFlorida
12/25/2022	Listed	$269,900	$318	NWFlorida
01/29/2021	Sold	$129,000	$152	NWFlorida
11/12/2016	Listing removed	$975	$1	NWFlorida
10/31/2016	Listed for rent	$975	$1	NWFlorida
10/15/2015	Sold	$87,000	$102	NavarreBeach

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2022	$1,566	-	+	$130,000	=	$130,000
2021	$1,139	-	+	-	=	$87,846
2020	$1,000	-	+	-	=	$79,860
2019	$966	-	+	-	=	$72,600
2018	$847	-	+	$66,000	=	$66,000
2017	$784	-	+	$60,000	=	$60,000
2016	$740	-	+	$57,000	=	$57,000

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
4205 Indian Bayou Trl Unit 3106	$535K	2	2	1390	1390
1700 Scenic Highway 98 Unit 213	$650K	2	2	1180	1180
775 Gulf Shore Dr Unit 1045	$395K	1	1	629	629
15300 Emerald Coast Pkwy Unit 903	$1.2M	3	2	1674	1674
3755 Scenic Highway 98 Unit 1403	$469.9K	2	2	1095	1095
734 Legion Dr Apt 65	$265K	2	2	1188	1307

Presented by:
Dustin Cornwell
state license#3470752

Data Source:

NWFlorida

Source's Property ID:

953592

Data Source Copyright:

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$225,000

4000 Gulf Terrace Dr Unit 161, Destin, FL 32541

Property Details

Property Features

Bedrooms

Property History

Neighborhood

Environmental Risk

Nearby Home Values

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