4000 Gulf Terrace Drive 257, Destin

$219,900

2 Beds
1 Bath
982 Sqft
0 Acre
0 Garage

Welcome to Gulf Terrace! This charming condo offers the perfect blend of comfort, convenience, and investment potential. Located less than a mile from Big Kahuna's Water Park, this property is ideal for a vacation home, rental, or primary residence.
Enjoy serene lake views right from your living room, creating a peaceful backdrop for your morning coffee or evening relaxation. This unit is move-in ready and fully furnished, featuring a 2018 HVAC unit, 2024 water heater, a newer stove, and a washer and dryer for added convenience.
Gulf Terrace is a gated community offering fantastic amenities including a sparkling pool, tennis courts, clubhouse, and plenty of green space for your pets — yes, this complex is pet-friendly!
Best of all, Gulf Terrace allows short-term rentals, making this an excellent opportunity for investors looking to maximize rental income in a prime Destin location. Conveniently close to the beach, dining, shopping, and entertainment, this condo offers the full Destin lifestyle at an incredible value.
Schedule your showing today and make this beautiful condo yours!

Essential Information
MLS® #986605
Price$219,900
Sold Price$215,000
Date Sold$2026-04-17
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage982
Year Built1973
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusSold
Community Information
Address4000 Gulf Terrace Drive 257
Area14 - Destin
SubdivisionGULF TERRACE CONDO
CityDestin
CountyOkaloosa
StateFL
Zip Code32541
Amenities
Is WaterfrontYes
WaterfrontLake Front
Utilities

Electric, Public Sewer, Public Water, TV Cable

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

Owner's Closet, Washer/Dryer Hookup, Natural Woodwork

Appliances

Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater

Exterior
Exterior FeaturesBalcony
WindowsWindow Treatments
RoofMetal
FoundationSlab
Construction

Block, Frame, Stucco, Siding Vinyl, Trim Vinyl

School Information
ElementaryDestin
MiddleDestin
HighDestin
Additional Information
Days on Website379
Listing Details
OfficeERA American Real Estate
Property History
Price Reduced from $225,000 to $219,900
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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 15th, 2026 at 7:22am CDT.