4000 Gulf Terrace Drive 228, Destin

$271,000

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2 Beds
2 Baths
738 Sqft
0 Acre
0 Garage

2 FULL BATHROOMS! Large Bedroom & a bunk room. Sleeps more & costs less! Turn-key investment opportunity in the heart of Destin! This fully furnished condo features a cozy master bedroom with a spacious en suite bathroom, a separate bunk room, and a second full bathroom! Enjoy high end updates, quality appliances, & stylish finishes throughout. Step onto your private balcony to watch the sunset! Located in a gated community offering 3 swimming pools, a pickleball/tennis court, EV charging, & a clubhouse for owners!! Gulf Terrace is also pet friendly! Fur babies welcome! Just minutes from Destin's best beaches, dining, and attractions. Proven income producing short term rental, this location is a fan favorite!! A perfect vacation home and investment property in one.

Essential Information

Status
Active
MLS® #
981383
Price
$271,000
Days On Website
232
Bedrooms
2
Bathrooms
2.00
Full Baths
2
Square Footage
738
Year Built
1973
Type
Residential
Sub-Type
Condominium
Style
N/A

Community Information

Address
4000 Gulf Terrace Drive 228
Area
14 - Destin
SubArea
1403 - Destin Northwest
Subdivision
GULF TERRACE CONDO
City
Destin
County
Okaloosa
State
FL
Zip Code
32541

Amenities

Is Waterfront
Yes
Waterfront
Lake Front
Has Pool
Yes
Pool
In Ground

Amenities

BBQ Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Pavillion/Gazebo, Picnic Area, Pool, Tennis, Pets Allowed, Pickle Ball, Short Term Rental - Allowed

Utilities

Electric, Public Sewer, Public Water, TV Cable

Interior

Interior Features
Owner's Closet, Pantry
Heating
Central
Cooling
Central Air, Ceiling Fan(s)

Appliances

Dishwasher, Electric Water Heater

Exterior

Exterior Features
Balcony
Windows
Window Treatments

School Information

Elementary
Destin
Middle
Destin
High
Destin

Additional Information

Days on Website
232
HOA Fees
601.79
HOA Fees Freq.
Monthly

Listing Details

Office
Coldwell Banker Realty
Property History
Price Reduced from $272,000 to $271,000
Price Reduced from $278,000 to $272,000
Price Reduced from $285,000 to $278,000

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on March 10th, 2026 at 11:07am CDT.