4000 Gulf Terrace Drive 233, Destin

$250,000

1 Bed
1 Bath
738 Sqft
0 Acre
0 Garage

Lake Views in Destin just 0.8 miles from beach access. High Performing Condo 1 Bedroom,1 Bath. Completely rebuilt from the studs up with European-inspired design and a clean, minimalist aesthetic. Exceptionally well maintained and sold fully turnkey. Features include new windows, copper electrical, updated tile flooring, a beautifully tiled shower, and many additional upgrades throughout. Must see to truly appreciate! Located on the 2nd floor. Can be used as investment, second home or primary residence. Active rental on Airbnb with proven record. Tourists Love the Place and the amenities that are available in the complex. Gulf Terrace is a Pet Friendly Community, Free Parking, No Flood Zone, NO RENTAL RESTRICTIONS! Community Features: two gated entrances from HWY 98 and Airport Rd, Access to 3 swimming pools, Tennis/Pickleball court, Dog Park, EV chargers, maintained green areas, picnic tables & a lake. HOA Includes: building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates. Owner pays Electric Only.
Rare investor opportunity: seller is offering next-door Units 233 & 235 as a unique income-producing investment opportunity. Own side-by-side condos in a prime location with exceptional rental potential and flexibility. Contact listing agent for details and investment inquiries.

Essential Information
MLS® #1003697
Price$250,000
Sold Price$240,000
Date Sold$2026-06-10
Bedrooms1
Bathrooms1.00
Full Baths1
Square Footage738
Year Built1973
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusSold
Community Information
Address4000 Gulf Terrace Drive 233
Area14 - Destin
SubdivisionGULF TERRACE CONDO
CityDestin
CountyOkaloosa
StateFL
Zip Code32541
Amenities
ViewLake
Is WaterfrontYes
WaterfrontLake Front
Has PoolYes
PoolIn Ground
Utilities

Electric, Public Sewer, Public Water, TV Cable

Interior
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
Interior Features

Breakfast Bar, Kitchen Island, Owner's Closet, Washer/Dryer Hookup

Appliances

Dishwasher, Microwave, Refrigerator, Electric Water Heater

Exterior
WindowsWindow Treatments
RoofFlat, Metal
ConstructionBlock, Frame, Siding Vinyl
Exterior Features

Outdoor Grill, Sprinkler System, Tennis Court(s), Rain Gutters

School Information
ElementaryDestin
MiddleDestin
HighDestin
Additional Information
Days on Website146
Office

Waves of the Emerald Coast Realty LLC

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 14th, 2026 at 11:22pm CDT.