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4000 Gulf Terrace Drive, Unit 286, Destin, FL 32541

$255,000
  • 4000 Gulf Terrace Drive, Unit 286, Destin, FL 32541 Main Photo

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Active Price Reduced by $13,000 on March 3rd, 2026
BEDS1 BATHS1 full SQUARE FEET830 MLS#993789
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONGULF TERRACE CONDO NEIGHBORHOOD14 - Destin

Property Description

Highly motivated seller -- bring your offers!High-performing 1 bed, 1 bath condominium in Destin, Florida generating a consistant and profitable annual rental income for the past 4 years. This unit consistently outperforms comparable properties in the area, demonstrating exceptional demand and proven success. A detailed income report for the past four years is available, highlighting its strong and reliable revenue history.This condominium is offered turnkey and is already generating consistent monthly income with active rental bookings in place, making it an outstanding investment opportunity or an ideal primary or secondary residence. The unit is being sold fully furnished, including all items shown in the listing, and is completely move-in ready or prepared to continue operating immediately as a short-term rental. Everything is new from Electrical wiring, HVAC system,Sheetrock, Water Heater, Slididing door and Insulation . Disclaimer: All measurements to be verified by buyer.

4000 Gulf Terrace Drive, Unit 286 | MLS# 993789

This condo located at 4000 Gulf Terrace Drive, Unit 286, Destin, FL 32541 is currently listed for sale with an asking price of $255,000. This property was built in 1973 and has 1 bedrooms and 1 full baths with 830 sq. ft. Gulf Terrace Drive, Unit 286 is located in the GULF TERRACE CONDO subdivision. Search GULF TERRACE CONDO real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air
Home Style: N/A
Taxes: $1,915
Year Built: 1973

Feature Descriptions

Appliances: Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Smoke Detector, Washer, Water Heater - Elect
Association Fee Includes: Accounting, Ground Keeping, Internet Service, Legal, Management, Master Association, Sewer, Water, Trash
Community Features: Short Term Rental - Allowed, Pickle Ball, Dumpster, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable
Days on Site: 35
Exterior: Siding Vinyl, Stucco
Exterior: Balcony
Financing Terms: Conventional, FHA
Flooring: Floor Vinyl
HOA: Yes
HOA Fee: 601.79/Monthly
Interior: Kitchen Island
Parcel Number: 00-2S-22-0000-0286
Pool Features: Pool Type
Property Condition: Renovated, Construction Complete
Rooms Total: 3
Sewer: Public Sewer
Special View Info: Lake
Sub Type: Condominium
Utilities: Electric, Public Water, TV Cable

Room Sizes

Living Room: 14 X 12 Level - First
Bedroom: 12 X 11 Level - First
Balcony: 22 X 5 Level - First

Local Schools

High School: Destin
Middle School: Destin
Elementary School: Destin

Listed By / Shown By

Listed By

Agency Name: BodiuRealty LLC

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Emerald Coast MLS

Estimate Your Payment

Estimated Payment

$ 801.48 per month $567.52 Principal & Interest $159.58 Property Tax $74.38 Homeowner's Insurance

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