4000 Gulf Terrace Drive 259, Destin

$227,500

2 Beds
1 Bath
982 Sqft
0 Acre
0 Garage

Priced to sell! This turnkey Destin opportunity with fresh updates and strong rental performance won't last. This well-maintained condo features new luxury vinyl plank flooring throughout, creating a clean, modern look that is both stylish and durable for vacation rental use.

The property has already generated nearly $20,000 in bookings for 2026, offering buyers immediate income potential and a proven head start for the year. Whether you are looking for a vacation getaway, investment property, or a combination of both, this unit offers an attractive opportunity in the heart of Destin.

Conveniently located near Destin's beaches, shopping, dining, entertainment, and everything that makes the Emerald Coast such a popular destination. Sold ready for its next owner to enjoy and capitalize on the existing rental momentum.

Essential Information
MLS® #1010146
Price$227,500
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage982
Year Built1977
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusActive
Community Information
Address4000 Gulf Terrace Drive 259
Area14 - Destin
SubdivisionGULF TERRACE CONDO
CityDestin
CountyOkaloosa
StateFL
Zip Code32541
Utilities

Electric, Public Sewer, Public Water, TV Cable

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

Bookcases, Kitchen Island, Washer/Dryer Hookup

Appliances

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

Exterior
Exterior FeaturesBalcony
WindowsWindow Treatments
RoofMetal
Construction

Block, Frame, Stucco, Siding Vinyl

School Information
ElementaryDestin
MiddleDestin
HighDestin
Listing Details
OfficeDream Destin Realty PLLC
Property History
Price Reduced from $235,000 to $227,500
Price Reduced from $258,000 to $235,000
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 4000 Gulf Terrace Drive 259, Destin, FL

Photo of Listing #1013697
New Listing

4000 Gulf Terrace Drive Unit 122, Destin

$250,000 - 2 Beds, 1 Bath, 1,050 Sf

MLS® # 1013697

Photo of Listing #1013196

3857 Indian Trail 108, Destin

$228,900 - 1 Bed, 2 Baths, 813 Sf

MLS® # 1013196

Photo of Listing #1012307

4070 Dancing Cloud Court 180, Destin

$174,900 - 1 Bed, 1 Bath, 734 Sf

MLS® # 1012307

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on October 14th, 2026 at 7:08pm CDT.