Property Details

Listing # 989655 Details

$245,000
4000 Gulf Terrace Drive
Destin, FL 32541

Property Inquiry

Contact The White Sands Team about this property!

*Required

738 Sq Ft.
Built 1973
1 Bed
1 Bath

Property Details

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 vacation getaway, or a primary residence, Gulf Terrace 131 checks all the boxes. Plus, you're just minutes from Destin Commons, world-class dining, and sugar-white beaches. Don't miss this profitable and hassle-free opportunity! Schedule your showing today!

UNIT # UNIT 131
COUNTY Okaloosa
SUBDIVISION GULF TERRACE CONDO
PARCEL ID 00-2S-22-1095-0131-0000
TYPE Condominium
STYLE N/A
ACREAGE 0
LOT ACCESS N/A
LOT SIZE N/A
HOA INCLUDE Accounting,Ground Keeping,Insurance,Internet Service,Master Association,Recreational Faclty,Sewer,Trash,TV Cable,Water
HOA FEE 600.00 (Monthly)
UTILITIES Public Sewer,Public Water,TV Cable
PROJECT FACILITIES BBQ Pit/Grill,Community Room,Dumpster,Gated Community,Laundry,Pavillion/Gazebo,Pets Allowed,Picnic Area,Pool,Tennis,TV Cable
ZONING N/A
PARKING FEATURES N/A
APPLIANCES Dishwasher,Dryer,Microwave,Refrigerator,Smoke Detector,Stove/Oven Electric,Washer
ENERGY AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
INTERIOR Breakfast Bar,Ceiling Crwn Molding,Floor Tile,Furnished - All,Window Treatment All
EXTERIOR Patio Covered
ROOM DIMENSIONS Living Room : 25 x 22
Dining Room : 22 x 6
Kitchen : 8 x 5
Master Bedroom : 18 x 10
Full Bathroom : 10 x 5

Schools

Elementry, Destin
Middle, Destin
High, Destin

Location & Map

From Hwy 98, turn north onto Gulf Terrace Drive. The building is located directly behind Building 8