Priced Dropped! Unbeatable Location! Remodeled 1 BR 1 BA condo located on the second floor, balcony, washer/dryer hookups with low HOA. It can be used as primary residence or investment property. Complex allows STR and LTR. Gulf Terrace Complex is a very well maintained gated community, free parking, pets are allowed and resort like amenities, 3 new swimming pools, lake, tennis / pickle ball court, EV Chargers, homeowners club house. Centrally located to all Destin's attractions, restaurants, shopping, entertainment, beach access 0.8 miles away. Property right across the street from the famous Gulf of America, and popular attractions such as the Morgan Sportsplex, The Track, Big Kahuna Waterpark, and the Sun Destin Hotel featuring the PhatFish Restaurant.
For sale
Price cut: $4K (6/4)
$201,000
4000 Gulf Terrace Dr UNIT 2001, Destin, FL 32541
1beds
738sqft
Est.:
Condominium
Built in 1973
-- sqft lot
$189,800 Zestimate®
$272/sqft
$523/mo HOA
What's special
- 92 days
- on Zillow |
- 1,245 |
- 60 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 02:14pm
Listed by:
Alina Jackson 850-533-7885,
Waves of the Emerald Coast Realty LLC
Source: ECAOR,MLS#: 975337
Originating MLS: Emerald Coast

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
Primary bathroom
- Features: MBath Shower Only
Living room
- Level: First
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Ice Maker, Refrigerator, Electric Range, Electric Water Heater
- Laundry: Common Area
Features
- Breakfast Bar, Owner's Closet, Pantry, Renovated, Shelving, Bedroom, Living Room
- Flooring: Laminate
Interior area
- Total structure area: 738
- Total interior livable area: 738 sqft
Property
Features
- Exterior features: Balcony, Rain Gutters, Renovated, Sprinkler System, Tennis Court(s), BBQ Pit/Grill, Dumpster, Tennis
- Pool features: Community
- Waterfront features: Lake Front
Details
- Parcel number: 002S22109500002001
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Frame, Vinyl Siding, Trim Vinyl
- Roof: Metal
Condition
- Construction Complete
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Other, Cable Connected
Community & HOA
Community
- Features: Community Room, Gated, Pickleball, Picnic Area, Pool, TV Cable
- Subdivision: Gulf Terrace Condo
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Insurance, Internet, Security, Sewer, Trash, Water
- HOA fee: $523 monthly
Location
- Region: Destin
Financial & listing details
- Price per square foot: $272/sqft
- Tax assessed value: $205,000
- Annual tax amount: $2,048
- Date on market: 5/1/2025
- Electric utility on property: Yes
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