4000 Gulf Terrace Drive 259
Destin, FL 32541
$227,500
Active
Description
Priced to sell! This turnkey Destin opportunity with fresh updates and strong rental performance won't last. This well-maintained condo features new luxury vinyl plank flooring throughout, creating a clean, modern look that is both stylish and durable for vacation rental use.
The property has already generated nearly $20,000 in bookings for 2026, offering buyers immediate income potential and a proven head start for the year. Whether you are looking for a vacation getaway, investment property, or a combination of both, this unit offers an attractive opportunity in the heart of Destin.
Conveniently located near Destin's beaches, shopping, dining, entertainment, and everything that makes the Emerald Coast such a popular destination. Sold ready for its next owner to enjoy and capitalize on the existing rental momentum.
Listing details MLS# 1010146
Location, Tax and Legal
- Area
- 14 - Destin
- Sub area
- 1403 - Destin Northwest
- Subdivision
- GULF TERRACE CONDO
- County
- Okaloosa
- Parcel ID
- 00-2S-22-1095-0000-0259
- Tax year
- 2025
- Annual tax
- 2546.36
- Legal description
- Gulf Terrace, Unit 259, Building 15
General Property Info
- Property type
- Residential
- Year built
- 1977
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Full baths
- 1
- Building area
- 982
- Heating
- Central
- Cooling
- Ceiling Fans, Central Air
- Flooring
- Floor Tile, Floor Vinyl, Floor WW Carpet
- Interior features
- Built-In Bookcases, Kitchen Island, Washer/Dryer Hookup
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
- Total rooms
- 5
Exterior and Site
- Construction
- Block, Frame, Siding Vinyl, Stucco
- Roof
- Roof Metal
- Exterior features
- Balcony
- Pool
- No
- Pool features
- Pool Type
Utilities
- Utilities
- Electric, Public Water, TV Cable
- Sewer
- Public Sewer
Schools
- Elementary
- Destin
- Middle school
- Destin
- High school
- Destin
Association and Fees
- Association
- Yes
- Association fee
- 722.13
- Fee frequency
- Monthly
- Fee includes
- Ground Keeping, Insurance, Internet Service, Management, Sewer, Water, Cable TV, Trash
Remarks and Misc
- Special conditions
- Accept Backup Offers
- Directions
- From Highway 98 west of Shakes on the north side. Take a right after coming through the gate and then a left after the first island. Bldg. 15 is the first building to the right of the community pool. Unit is upstairs.
