Active
4000 Gulf Terrace Drive, UNIT 131
Destin FL, 32541
$245,000
$314.10 per sqft
Active
1 Bed
1 Bath
780 sqft
Condos
Built in 1973
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!
970919
MLSⓇ ID
March 12, 2025
Listed
March 12, 2025
Updated
Interior Features
Bedrooms
1
Total Bathrooms
1
Full Bathrooms
1
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
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Exterior Features
Patio Covered
Architectural Style
N/A
School Information
High School
Destin
Elementary School
Destin
Other Property Details
Area Name
14 - Destin
Taxes
$2,449
Tax Frequency
Annually
Association Fee
$600
Association Fee Frequency
Monthly
Garage
No
View
Yes
View Description
Lake
County
Okaloosa
Pool Features
Pool Type
Waterfront
Yes
Waterfront Features
Lake
Utilities
Public Sewer, Public Water, TV Cable
Courtesy of Levin Rinke Realty, The White Sands Team,
Listing Contact: [email protected]
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Data last updated 4:57 PM UTC, 3/12/2025