4000 Gulf Terrace Drive 129, Destin, FL 32541 (MLS# 988550)

4000 Gulf Terrace Drive 129, Destin, FL 32541

$227,000

Unit 129 -- at the south end of the Gulf Terrace lake

laundry room converted by a previous owner into a 2nd full bath

Building 8 / Unit 129 -- at the southeast corner of the Gulf Terrace tract

Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 900 Status: Active

Current Price: $227,000 List Date: 10/29/2025 Last Modified: 11/04/2025

Overview

Description

Gulf Terrace: convenient mid-town location to enjoy all of Destin. Near to the June Decker beach access at the west end of Henderson Beach State Park. Fenced & gated 19 acres ... 3 pools ... tennis courts ... unit owners' clubhouse ... vacation rentals allowed ... pets allowed. Lake view: Unit 129 is on the south end of the Gulf Terrace lake. Unit 129 has a large-size living room -- a previous owner enclosed the ground-level patio, adding it into the living room. Unit 129 has an additional 2nd full bath -- a previous owner converted the laundry room into an additional 2nd full bath. No water bill, no cable TV bill, no internet access bill -- all are included in the condominium association dues amount. Gulf Terrace Unit 129 is always available for showing.

Listing Details MLS# 988550

Contract Info

List Price/SqFt: 252.22
Listing Board: Emerald Coast

Location Tax and Legal

Area: 14 - Destin
Street #: 4000
Street Name: Gulf Terrace
Street Suffix: Drive
State: FL
Zip Code: 32541
County: Okaloosa
Project Name/Subdivision: GULF TERRACE CONDO
Parcel ID: 00-2S-22-1095-0129-0000

General Property Info

Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 900
SqFt Source: Building Plan
Full Baths: 2
Total Bathrooms: 2
Stories In Unit: Yes
# of Units in Bldg: 8
Stories in Building: 2
Unit Floors Above Ground: Yes
Year Built: 1973
Immediate Occupancy: Yes
Pre-Const Flip: No
Garage: No
Carport: No
Pool: Yes
Pool Type: Community

Location, Tax and Legal

Unit #: 129
Sub Area: 1403 - Destin Northwest
Elementary School: Destin
Middle School: Destin
High School: Destin
Legal Description: GULF TERRACE UNIT 129

Listing Info, Tax & Legal

Homestead: Yes
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 602
Annual Assessment Amount: 7224
Assessment Paid: Monthly
New Buyer Fee: Yes
New Buyer Fee Amt: 200
New Buyer Fee Paid: $
Last Taxes: 453.89
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: Yes

More Information

Remarks & Misc

Remarks: Gulf Terrace: convenient mid-town location to enjoy all of Destin. Near to the June Decker beach access at the west end of Henderson Beach State Park. Fenced & gated 19 acres ... 3 pools ... tennis courts ... unit owners' clubhouse ... vacation rentals allowed ... pets allowed. Lake view: Unit 129 is on the south end of the Gulf Terrace lake. Unit 129 has a large-size living room -- a previous owner enclosed the ground-level patio, adding it into the living room. Unit 129 has an additional 2nd full bath -- a previous owner converted the laundry room into an additional 2nd full bath. No water bill, no cable TV bill, no internet access bill -- all are included in the condominium association dues amount. Gulf Terrace Unit 129 is always available for showing.

Waterfront

Lake: Yes
Unit Waterfront: Yes

Construction Status

Construction Complete: Yes

Waterview

Lake: Yes

Project Facilities

BBQ Pit/Grill: Yes
Community Room: Yes
Dumpster: Yes
Gated Community: Yes
Laundry: Yes
Pets Allowed: Yes
Pickle Ball: Yes
Picnic Area: Yes
Pool: Yes
Short Term Rental - Allowed: Yes
Tennis: Yes
TV Cable: Yes
Waterfront: Yes

Construction/Siding

Block: Yes
Concrete: Yes
Frame: Yes
Roof Metal: Yes
Roof Pitched: Yes
Siding Vinyl: Yes
Trim Vinyl: Yes

Utilities

Electric: Yes
Phone: Yes
Public Sewer: Yes
Public Water: Yes
TV Cable: Yes

Exterior

BBQ Pit/Grill: Yes
Fenced Lot-All: Yes
Patio Enclosed: Yes
Pool - In-Ground: Yes
Rain Gutter: Yes
Tennis Court: Yes

Interior

Breakfast Bar: Yes
Floor Vinyl: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Stove/Oven Electric: Yes

Energy

AC - Central Elect: Yes
Ceiling Fans: Yes
Heat Cntrl Electric: Yes
Water Heater - Elect: Yes

Mstr Bdrm/Mstr Bath

MBed First Floor: Yes

Bedroom

First: Yes

Kitchen

First: Yes

Living Room

First: Yes

Full Bathroom

First: Yes

Rooms

Bedroom: Yes
Full Bathroom: Yes
Kitchen: Yes
Living Room: Yes
Master Bathroom: Yes

Fees Include

Ground Keeping: Yes
Insurance: Yes
Internet Service: Yes
Sewer: Yes
Trash: Yes
TV Cable: Yes
Water: Yes

Property Features

Construction Status: Construction Complete Waterfront: Lake; Unit Waterfront Waterview: Lake Project Facilities: BBQ Pit/Grill; Community Room; Dumpster; Gated Community; Laundry; Pets Allowed; Pickle Ball; Picnic Area; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront Exterior: BBQ Pit/Grill; Fenced Lot-All; Patio Enclosed; Pool - In-Ground; Rain Gutter; Tennis Court Interior: Breakfast Bar; Floor Vinyl Appliances: Dishwasher; Disposal; Microwave; Refrigerator; Stove/Oven Electric Utilities: Electric; Phone; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Bedroom: First Kitchen: First Living Room: First Full Bathroom: First Rooms: Bedroom; Full Bathroom; Kitchen; Living Room; Master Bathroom Fees Include: Ground Keeping; Insurance; Internet Service; Trash; TV Cable; Water

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	18 x 18	18.00	18.00
Kitchen	First	10 x 9	10.00	9.00
Bedroom	First	12 x 13	12.00	13.00
Master Bathroom	First	6 x 9	6.00	9.00
Full Bathroom	First	6 x 6	6.00	6.00

Listing Office: Aquatic Resort Properties Inc

Last Updated: November - 04 - 2025

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