New Listing
4000 Gulf Terrace Drive Unit 122, Destin
$250,000 - 2 Beds, 1 Bath, 1,050 Sf
MLS® # 1013697
4000 Gulf Terrace Drive Unit 131, Destin
$225,000
1 Bed
1 Bath
738 Sqft
0 Acre
0 Garage
Profitable Short-Term Rental - No Milestone Inspections Required! Looking for an investment property that actually makes financial sense? This turnkey one-bedroom condo in Gulf Terrace rents very well and sits right on the lake. Located in the heart of Destin, Gulf Terrace offers an unbeatable location with 26 acres of beautifully manicured grounds, featuring three pools, two tennis courts, and a spring-fed lake for a fantastic view. This fully furnished condo comfortably accommodates up to six guests with a king bed in the master and a queen sleeper sofa in the living room. Enjoy lake views from the spacious patio, easy access to the pool, and a bright, open living area. Whether you're looking for a high-performing rental, a second home, or your own affordable home here along the coast, make sure to check this one out!
Essential Information
MLS® #1012278
Price$225,000
Bedrooms1
Bathrooms1.00
Full Baths1
Square Footage738
Year Built1973
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusActive
Community Information
Area14 - Destin
SubdivisionGULF TERRACE CONDO
CityDestin
CountyOkaloosa
StateFL
Zip Code32541
Address
4000 Gulf Terrace Drive Unit 131
Amenities
ViewLake
Is WaterfrontYes
WaterfrontLake Front
Utilities
Public Sewer, Public Water, TV Cable
Interior
Interior FeaturesBreakfast Bar, Crown Molding
HeatingCentral
CoolingCentral Air
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
Exterior
WindowsWindow Treatments
RoofMetal
ConstructionSiding Vinyl
School Information
ElementaryDestin
MiddleDestin
HighDestin
Listing Details
OfficeLevin Rinke Realty
Property History
Price Reduced from $235,000 to $225,000
LISTING MAP
Properties for Sale Similar to 4000 Gulf Terrace Drive Unit 131, Destin, FL
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 15th, 2026 at 3:52pm CDT.
