4000 Gulf Terrace Drive 2005, Destin, FL 32541 (MLS# 998893)

4000 Gulf Terrace Drive 2005, Destin, FL 32541

$250,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 982 Status: Active

Current Price: $250,000 List Date: 3/25/2026 Last Modified: 4/03/2026

Overview

Description

Gulf Terrace Condominium 0.8 miles to public beach access. Rare Find 2 Bedrooms 2 Bathrooms (full size) + Laundry Room. Remodeled, Clean and Spacious, a true Gem Ready for next Home Owner! Both Tourists & Locals Love the Convenient Location. Community Features: Free Parking, 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 Coverage: building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates. Owner pays Electric Only. Active Airbnb & Gated Community contact agent for showing schedule and access instructions.

Listing Details MLS# 998893

Contract Info

List Price/SqFt: 254.58
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-22-1095-0000-2005

General Property Info

Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 982
SqFt Source: County PA Records
Full Baths: 2
Total Bathrooms: 2
# of Units in Bldg: 8
Stories in Building: 2
Unit Floors Above Ground: 2
Year Built: 1973
Immediate Occupancy: No
Garage: No
Carport: No
Pool: Yes
Pool Type: Community
Balcony SqFt: 0
Stories In Unit: 0

Location, Tax and Legal

Unit #: 2005
Sub Area: 1403 - Destin Northwest
Elementary School: Destin
Middle School: Destin
High School: Destin
Legal Description: GULF TERRACE TWO UNIT 2005

Listing Info, Tax & Legal

Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 722.13
Annual Assessment Amount: 8665.56
Assessment Paid: Monthly
New Buyer Fee: No
Last Taxes: 2546.36
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes

More Information

Remarks & Misc

Remarks: Gulf Terrace Condominium 0.8 miles to public beach access. Rare Find 2 Bedrooms 2 Bathrooms (full size) + Laundry Room. Remodeled, Clean and Spacious, a true Gem Ready for next Home Owner! Both Tourists & Locals Love the Convenient Location. Community Features: Free Parking, 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 Coverage: building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates. Owner pays Electric Only. Active Airbnb & Gated Community contact agent for showing schedule and access instructions.

Construction Status

Construction Complete: Yes

Project Facilities

BBQ Pit/Grill: Yes
Dumpster: Yes
Gated Community: Yes
Laundry: Yes
Pavillion/Gazebo: 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
Frame: Yes
Roof Flat: Yes
Roof Metal: Yes
Siding Vinyl: Yes

Utilities

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

Exterior

BBQ Pit/Grill: Yes
Pool - In-Ground: Yes
Rain Gutter: Yes
Renovated: Yes
Sprinkler System: Yes
Tennis Court: Yes

Interior

Breakfast Bar: Yes
Floor Tile: Yes
Owner's Closet: Yes
Pantry: Yes
Renovated: Yes
Washer/Dryer Hookup: Yes
Window Treatment All: Yes

Financing

Conventional: Yes

Appliances

Dishwasher: Yes
Microwave: Yes
Refrigerator: Yes
Smoke Detector: Yes
Stove/Oven Electric: Yes

Energy

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

Bedroom

First: Yes

Kitchen

First: Yes

Living Room

First: Yes

Rooms

Bedroom: Yes
Kitchen: Yes
Living Room: Yes

Fees Include

Ground Keeping: Yes
Insurance: Yes
Internet Service: Yes
Management: Yes
Other Utilities: Yes
Security: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Existing Leases

Daily/Weekly: Yes

Property Features

Construction Status: Construction Complete Project Facilities: BBQ Pit/Grill; Dumpster; Gated Community; Laundry; Pavillion/Gazebo; Pets Allowed; Pickle Ball; Picnic Area; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront Exterior: BBQ Pit/Grill; Pool - In-Ground; Rain Gutter; Renovated; Sprinkler System; Tennis Court Interior: Breakfast Bar; Floor Tile; Owner's Closet; Pantry; Renovated; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Microwave; Refrigerator; Smoke Detector; Stove/Oven Electric Utilities: Electric; 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 Rooms: Bedroom; Kitchen; Living Room Financing: Conventional Fees Include: Ground Keeping; Insurance; Internet Service; Management; Other Utilities; Security; Trash; Water Existing Leases: Daily/Weekly

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	18 x 14	18.00	14.00
Bedroom	First	11 x 12	11.00	12.00
Bedroom	First	11 x 12	11.00	12.00
Kitchen	First	8 x 8	8.00	8.00

Documents

Lead Based Paint Disclosure ›

Flood Dsiclosure ›

Seller Disclosure ›

HOA By Laws ›

HOA Articles of Incorporation ›

HOA Declaration ›

FAQ HOA ›

Cost To Own 2005 ›

Rental History GT 2005 ›

Listing Office: Waves of the Emerald Coast Realty LLC

Last Updated: April - 03 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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