Destin 2BR 1BA Clean and Spacious Condominium located on the first-floor next to one of the pools presents a fantastic investment opportunity, NO RENTAL RESTRICTIONS, allowing for flexible income potential. Condo is remodeled, new HVAC, new Water Heater, copper wiring, modern ceiling fans, smart TV's, stainless steel appliances, laundry room. Pet Friendly Community, No Flood Zone! Sold Furnished, sleeps 7 guestCommunity Features: gated entrances from HWY 98 and Airport Rd, Access to 3 swimming pools, Tennis / Pickleball court, EV chargers and a clubhouse for owners. HOA Coverage: The monthly fee covers building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates, ensuring low maintenance for the homeowner. See More Section The condo is furnished King size Bed, queen size bed and twin bunk beds. Complex has BBQ/Picnic areas, abundance of green spaces, ample free parking, remodeled pools & bathrooms. No special assessments.
For sale
$269,900
4000 Gulf Terrace Dr UNIT 159, Destin, FL 32541
2beds
982sqft
Est.:
Condominium
Built in 1973
-- sqft lot
$255,800 Zestimate®
$275/sqft
$625/mo HOA
What's special
Gated entrancesModern ceiling fansNew water heaterNew hvacAmple free parkingLaundry roomEv chargers
- 62 days
- on Zillow |
- 519 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 06:51am
Listed by:
Alina Jackson 850-533-7885,
Waves of the Emerald Coast Realty LLC
Source: ECAOR,MLS#: 978316
Originating MLS: Emerald Coast

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
Primary bathroom
- Features: MBath Shower Only, MBath Tile
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Electric, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Microwave, Range Hood, Refrigerator, Electric Range, Electric Water Heater
- Laundry: Washer/Dryer Hookup, Common Area
Features
- Breakfast Bar, Pantry, Renovated, Bedroom, Kitchen, Living Room
- Flooring: Laminate, Tile
- Windows: Window Treatments
Interior area
- Total structure area: 982
- Total interior livable area: 982 sqft
Property
Features
- Exterior features: Barbecue, Rain Gutters, Sprinkler System, Tennis Court(s), BBQ Pit/Grill, Dumpster, Tennis
- Pool features: Community, In Ground
- Waterfront features: Waterfront
Details
- Additional structures: Pavillion/Gazebo
- Parcel number: 002S22109500000159
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Frame, Vinyl Siding
- Roof: Flat,Metal
Condition
- Construction Complete
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Cable Connected
Community & HOA
Community
- Features: Community Room, Gated, Pool, TV Cable
- Security: Smoke Detector(s)
- Subdivision: Gulf Terrace Condo
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Insurance, Internet, Management, Utilities, Security, Sewer, Trash, Water
- HOA fee: $625 monthly
Location
- Region: Destin
Financial & listing details
- Price per square foot: $275/sqft
- Tax assessed value: $245,000
- Annual tax amount: $2,552
- Date on market: 6/9/2025
- Electric utility on property: Yes
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