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4000 Gulf Terrace Drive , #unit 131, Destin 32541 (Active)
Listing Information
| Property Type: Condominium |
| MLS #: | 970919 | Price: | $245,000.00 | Year Built: | 1973 | Square Feet: | 780 | Bedrooms: | 1 | Bathrooms: | 1 Full |
| HOA Fees: | $600.00 | Lot Size: | Not available | Lot Dimensions: | Not available |
Subdivision: Gulf Terrace Condo
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 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
Photos
Features
Waterview: Lake
Waterfront: Lake
Project Facilities: BBQ Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable
Construction/Siding: Roof Metal, Siding Vinyl
Exterior Features: Patio Covered
Interior Features: Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Furnished - All, Window Treatment All
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
Utilities: Public Sewer, Public Water, TV Cable
Energy: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
Master Suite: MBath Tile
Financing: Conventional, FHA, VA
Fees Include: Accounting, Ground Keeping, Insurance, Internet Service, Master Association, Recreational Faclty, Sewer, TV Cable, Water
Schools
| Elementary School: | Destin | Middle School: | Destin | High School: | Destin |
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This listing provided courtesy of Levin Rinke Realty.
This information was last updated on 4/2/2025 9:02:00 PM.
All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2025. All rights reserved.
