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About This Home

This 1-bedroom, 1-bathroom condo at 4000 Gulf Terrace Drive in Destin, FL is listed for $199,900 ($271 per sqft). Built in 1973, the home offers 738 sqft of living space on a N/A lot.

Agent Description

Turnkey Investment Opportunity! This beautifully updated 1-bedroom condo comfortably sleeps up to 6 guests and is ideally located in the heart of the area, just minutes from sugar-white beaches, popular restaurants, shopping, and local attractions. Situated on the ground floor for easy access, this well-maintained unit offers convenience and comfort for both owners and guests.

Inside, you'll find tasteful coastal decor, stainless steel appliances, a flat-surface stove, and an updated shower/tub combination that adds a modern touch. The open layout maximizes space and functionality, making it an ideal vacation retreat or income-producing rental property.

Resort-style amenities include multiple swimming pools, tennis courts, a scenic lake, grilling areas, and beautifully maintained grounds. Whether relaxing by the pool, enjoying outdoor activities, or exploring the nearby beaches and entertainment, guests have everything they need for an unforgettable stay. With a strong rental history and excellent location, this condo is the perfect choice for investors, second-home buyers, or anyone seeking an affordable beach getaway with exceptional earning potential.

Key Features

  • Built in 1973
  • 2 stories
  • Fireplace

Property Details

2 stories
1 full
#187
1973

Amenities

FireplaceA/C

Monthly Cost Estimate

$1,671/mo

20% down · 6.5% · 30 years

Principal$145
Interest$866
Insurance$58
HOA$602

Estimates only. Actual payments may vary.

Location

4000 Gulf Terrace Drive

Destin, FL 32541

GULF TERRACE CONDO

Features & Amenities

Interior Features

Fireplace

Property Details

Pool Features

PatioPorch

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerRefrigeratorSmooth Stovetop RngeWasherWater Heater - Elect

Questions & Answers

This 1-bedroom, 1-bathroom condo at 4000 Gulf Terrace Drive is listed at $199,900 ($271/sqft). The estimated monthly payment is $1,468 based on 20% down at 6.5% interest.

HOA fees are $602/month.

Key features include: Built in 1973, 2 stories, Fireplace. Interior Features: Fireplace.

This property is listed by Abbott Martin Group and can be reached at 8504602900 or listings@AbbottMartinGroup.com.

AG

Abbott Martin Group

Agent at EXP Realty LLC

(850) 460-2900

Listed by EXP Realty LLC · View on Broker Site

MLS# 1004965· Source: listhub· Updated 1 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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