4000 Gulf Terrace Drive 257
Destin, FL 32541
$245,000
Active
Description
Lake Views, Proven Rental Income, Close to the Beach, Amenities & Turnkey Ease -WOW- Wake up to peaceful views, coffee in hand, and a front-row seat to the daily show of turtles, ducks, & the fountains dancing water spray from your private balcony. Beautifully decorated and sold fully furnished, this condo is ready to enjoy, rent, or do both--with all appliances plus a washer and dryer already in place. An active VRBO rental and proven rental history are already established, giving you the opportunity to step in and start generating income from day one.
And when you're ready for some beach time, you're only 0.8 miles from public beach access and minutes from the sugar-white sands, local restaurants, shopping, entertainment, and endless outdoor fun. But you may find yourself spending more time at Gulf Terrace than you expected! This pet-friendly community offers 3 swimming pools, including a heated pool, a large dog park, 2 tennis and pickleball courts, EV chargers, BBQ grills, picnic areas, and a beautiful lake with a fountain where fishing is welcome on a catch-and-release basis. Two gated entrances--one from Highway 98 and another from Airport Road--make coming and going a breeze, while free parking includes spaces for boats, trailers, and golf carts. And for an added bonus, the property is located outside the flood zone.
Whether you're looking for a full-time residence, a beach getaway, or an investment property that already has a rental history, this one
Listing details MLS# 1011307
Location, Tax and Legal
- Area
- 14 - Destin
- Sub area
- 1403 - Destin Northwest
- Subdivision
- GULF TERRACE CONDO
- County
- Okaloosa
- Parcel ID
- 00-2S-22-1095-0000-0257
- Tax year
- 2025
- Annual tax
- 2147.13
- Legal description
- GULF TERRACE TWO UNIT 257
General Property Info
- Property type
- Residential
- Year built
- 1973
- Stories
- 2
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Full baths
- 1
- Half baths
- 0
- Building area
- 982
- Heating
- Central
- Cooling
- Ceiling Fans, Central Air
- Flooring
- Floor Tile, Floor Vinyl, Floor WW Carpet
- Interior features
- Owner's Closet, Split Bedroom, Washer/Dryer Hookup, Woodwork Stained
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
- Total rooms
- 5
Exterior and Site
- Construction
- Block, Frame, Siding Vinyl, Stucco, Trim Vinyl
- Roof
- Roof Metal
- Foundation
- Slab
- Exterior features
- Balcony
- Pool features
- Pool Type
- Fencing
- Fenced Lot-All
- View
- Lake
Utilities
- Utilities
- Electric, Public Water, TV Cable
- Sewer
- Public Sewer
Schools
- Elementary
- Destin
- Middle school
- Destin
- High school
- Destin
Association and Fees
- Association
- Yes
- Fee includes
- Ground Keeping, Insurance, Internet Service, Recreational Faclty, Security, Sewer, Telephone, Water, Cable TV, Trash
Remarks and Misc
- Directions
- on the north side of hwy 98 between Shakes frozen custard and Days Inn. Contact agent for Gate code, building 15 is straight ahead, 2nd floor is unit 257