4000 Gulf Terrace DR #UNIT 131 Destin, FL 32541 New

UPDATED: 09/18/2026 05:34 PM ON MARKET: 3 days on market

$235,000

1 Bed1 Bath738 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 738 sqft

Price per Sqft $318

Subdivision Gulf Terrace Condo

MLS Listing ID 1012278

Bedrooms 1

Full Baths 1

HOA Fees $600/mo

HOA Y/N Yes

Year Built 1973

Annual Tax Amount $1,954

Tax Year 2025

Property Sub-Type Condominium

Source Emerald Coast Association of REALTORS®

Land Area 738

Property 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 rents very well and sits right on the lake. 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 second home, or your own affordable home here along the coast, make sure to check this one out!


IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
Vendor Member# 28167