USAFLDestinGulf Terrace CondoUnit-122-4000 Gulf Terrace Dr
Listing image | Image 1

UNIT 122-4000 Gulf Terrace Dr, Destin, FL

Condo

For Sale

Listed price in listed location currency (USD).
$250,000

210

MLS® 1013697

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Condominium
Levels Residential
Size -
Garage 
HOA Fees 
Taxes $2,546
Days Active 8
Approx. Age 1973
MLS® Number 1013697

Property Address: unit-122-4000 Gulf Terrace Dr, Destin, FL, 32541-2937

Average square foot calculated using Size range provided by listing agent.

Description

INVESTOR OPPORTUNITY IN THE HEART OF DESTIN! Unit 122 at Gulf Terrace offers an exciting opportunity for first-time investors or savvy buyers looking to create value in one of the Emerald Coast's most popular vacation destinations. Bring your vision and add your personal touch to this condo while exploring its potential to build equity and generate vacation rental income. Updated comparable units have demonstrated **proven gross rental income of approximately $67K annually**, offering an attractive benchmark for investors considering the possibilities here. 2025 Actual Gross Income $55, 790 2026 Actual Gross Income YTD over $51K Ideally located in the heart of Destin, Gulf Terrace puts you close to the area's most popular attractions, including Big Kahuna's Water & Adventure Park, the Destin Harbor, world-class fishing, beautiful Gulf beaches, shopping, dining, and entertainment. The gated community features 3 swimming pools (1 heated), tennis courts, pickleball and beautifully maintained grounds, adding to its appeal for vacation guests and owners alike. Whether you're purchasing your first investment property, expanding your portfolio, or looking for a beach getaway with income-producing potential, this is your chance to enter the Destin market at an appealing price point and make it your own. Bring your vision and discover the possibilities at Gulf Terrace!
MLS® Number1013697
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1973
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Air, Ceiling Fan(s)

Extras

Rooms

Change to metres

Living Room:First Floor17 × 18 ft
Kitchen:First Floor8 × 12 ft
Master Bedroom:First Floor11 × 12 ft
Other:First Floor8 × 9 ft
Other:First Floor11 × 12 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 14, 2026List Date
$250,000List Price
  • Commute

Commute

Starting Address
Destination Address
4000 Gulf Terrace Dr, Destin, FL

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