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About This Home

This 2-bedroom, 1-bathroom condo at 4000 Gulf Terrace Drive in Destin, FL is listed for $279,000 ($266 per sqft). Built in 1973, the home offers 1,050 sqft of living space on a N/A lot.

Agent Description

Welcome to your affordable beach getaway at Gulf Terrace! Perfectly positioned in the heart of Destin, this charming and budget-friendly vacation rental offers the ideal blend of comfort, convenience, and coastal lifestyle. Just minutes from the sugar-white sands and emerald waters of the Gulf, this unit provides easy access to everything that makes Destin one of Florida's most sought-after beach destinations.

Unit 122 features a relaxed, coastal-inspired interior designed for both short stays and income-producing potential. Whether you're looking for a personal retreat or a smart investment property, this condo delivers exceptional value without compromising location.

Gulf Terrace is a gated community known for its resort-style amenities, including multiple swimming pools, tennis courts and beautifully maintained grounds. Guests love the walkability to shopping, dining, and entertainment, with Destin's beaches just a short stroll or quick drive away. Affordable, accessible, and perfectly located--Unit 122 is your opportunity to own a slice of the Destin lifestyle without the luxury price tag. Call to schedule a showing today!

Key Features

  • Built in 1973
  • 2 stories

Property Details

2 stories
1 full
#122
1973

Amenities

A/C

Monthly Cost Estimate

$2,120/mo

20% down · 6.5% · 30 years

Principal$202
Interest$1,209
Insurance$81
HOA$628

Estimates only. Actual payments may vary.

Location

4000 Gulf Terrace Drive

Destin, FL 32541

GULF TERRACE CONDO

Features & Amenities

Interior Features

Built-In BookcasesLighting RecessedOwner's ClosetWasher/Dryer Hookup

Exterior Features

Sprinkler System

Property Details

Flooring

Tile

Construction

Stucco

Pool Features

Patio

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRefrigerator W/IceMkSmooth Stovetop RngeWasherWater Heater - Elect

Questions & Answers

This 2-bedroom, 1-bathroom condo at 4000 Gulf Terrace Drive is listed at $279,000 ($266/sqft). The estimated monthly payment is $1,837 based on 20% down at 6.5% interest.

HOA fees are $628/month.

Key features include: Built in 1973, 2 stories. Interior Features: Built-In Bookcases, Lighting Recessed, Owner's Closet. Exterior Features: Sprinkler System.

This property is listed by Jennifer Bond and can be reached at 8508679317 or jen@jenbondrealtor.com.

JB

Jennifer Bond

Agent at Compass

(850) 867-9317

Listed by Compass · View on Broker Site

MLS# 1000949· Source: listhub· Updated 45 days ago

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4000 Gulf Terrace Drive, Destin, FL 32541

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