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      Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

      $245,000
      For Sale

      4000 Gulf Terrace Drive #UNIT 131

      Destin, FL 32541
      738 sqft | 1 bed | 1.00 bath | #989655
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      27 photos
      Type:Purchase
      Structure:Condo
      Zone:Residential

      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

      • Property Details
          • Community FeaturesBBQ Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable
          • InteriorBreakfast Bar, Ceiling Crwn Molding, Floor Tile, Furnished - All, Window Treatment All
          • AppliancesDishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
          • EnergyAC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
          • Utility FeaturesPublic Sewer, Public Water, TV Cable
          • Exterior MaterialsRoof Metal, Siding Vinyl
          • Property ConditionConstruction Complete
          • SubdivisionGULF TERRACE CONDO
          • Exterior FeaturesPatio Covered
          • Property SubtypeCondominium
          • Property TypePurchase
          • Hoa Fee FrequencyMonthly
          • Square Feet738.00
          • Elementary SchoolDestin
          • Middle SchoolDestin
          • High SchoolDestin
          • Taxes Annual$2,369
          • Hoa Fees600.00
          • MLS #989655
          • Cost245000
          • MLS #989655
          • Bathrooms1.00
          • Year Built1973
          • Taxes Annual Year2024
          • StyleN/A
          • Bedrooms1
          • Pool1
          • Waterfront1

      Location

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      Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


      Last Updated: Today at 11:39 AM. Source: ECAR

      Provided By
      Listing Agent: The White Sands Team (#TELR1)
      Listing Office: Levin Rinke Realty (#EL&R)

      Todd SiegristReal Estate Group
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