4000 Gulf Terrace Drive UNIT 131
Destin, FL 32541
$225,000
Active
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 rents very well and sits right on the lake. 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 second home, or your own affordable home here along the coast, make sure to check this one out!
Listing details MLS# 1012278
Location, Tax and Legal
- Area
- 14 - Destin
- Sub area
- 1403 - Destin Northwest
- Subdivision
- GULF TERRACE CONDO
- County
- Okaloosa
- Parcel ID
- 00-2S-22-1095-0131-0000
- Tax year
- 2025
- Annual tax
- 1954.19
- Legal description
- GULF TERRACE UNIT 131
General Property Info
- Property type
- Residential
- Year built
- 1973
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Full baths
- 1
- Half baths
- 0
- Building area
- 738
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Floor Tile
- Interior features
- Breakfast Bar, Ceiling Crwn Molding
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
- Total rooms
- 5
Exterior and Site
- Construction
- Siding Vinyl
- Roof
- Roof Metal
- Patio and porch
- Patio Covered
- Pool
- No
- Pool features
- Pool Type
- View
- Lake
Utilities
- Utilities
- Public Water, TV Cable
- Sewer
- Public Sewer
Schools
- Elementary
- Destin
- Middle school
- Destin
- High school
- Destin
Association and Fees
- Association
- Yes
- Association fee
- 600
- Fee frequency
- Monthly
- Fee includes
- Accounting, Ground Keeping, Insurance, Internet Service, Master Association, Recreational Faclty, Sewer, Water, Cable TV, Trash
Remarks and Misc
- Directions
- From Hwy 98, turn north onto Gulf Terrace Drive. The building is located directly behind Building 8
