4000 Gulf Terrace Drive #UNIT 131 new Save Request In-Person Tour Request Virtual Tour
Destin,FL 32541
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 780 sqft
Price per Sqft $314
Subdivision Gulf Terrace Condo
MLS Listing ID 970919
Bedrooms 1
Full Baths 1
Construction Status Construction Complete
HOA Fees $600/mo
HOA Y/N Yes
Year Built 1973
Annual Tax Amount $2,448
Tax Year 2023
Property Sub-Type Condominium
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
Location
State FL
County Okaloosa
Area 14 - Destin
Rooms
Guest Accommodations BBQ Pit/Grill,Community Room,Dumpster,Gated Community,Laundry,Pavillion/Gazebo,Pets Allowed,Picnic Area,Pool,Tennis,TV Cable
Kitchen First
Interior
Interior Features Breakfast Bar,Ceiling Crwn Molding,Floor Tile,Furnished - All,Window Treatment All
Appliance Dishwasher,Dryer,Microwave,Refrigerator,Smoke Detector,Stove/Oven Electric,Washer
Exterior
Exterior Feature Patio Covered
Pool Community
Community Features BBQ Pit/Grill,Community Room,Dumpster,Gated Community,Laundry,Pavillion/Gazebo,Pets Allowed,Picnic Area,Pool,Tennis,TV Cable
Utilities Available Public Sewer,Public Water,TV Cable
Waterfront Description Lake
View Lake
Private Pool Yes
Building
Water Lake
Structure Type Roof Metal,Siding Vinyl
Construction Status Construction Complete
Schools
Elementary Schools Destin
Others
HOA Fee Include Accounting,Ground Keeping,Insurance,Internet Service,Master Association,Recreational Faclty,Sewer,Trash,TV Cable,Water
Assessment Amount $600
Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
Financing Conventional,FHA,VA