4000 Gulf Terrace Drive 279, Destin, FL 32541 (MLS# 990866)

4000 Gulf Terrace Drive 279, Destin, FL 32541

$255,000

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Large front balcony off the Livingroom and kitchen

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Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 982 Status: Active

Current Price: $255,000 List Date: 12/05/2025 Last Modified: 12/08/2025

Overview

Description

Discover Gulf Terrace if you're looking for a full-time residence, second home, or investment property. This private top floor 2-bedroom 1 Bath coastal retreat has been thoughtfully renovated for style, comfort, and is located in the heart of Destin. You cant get a better location! Enjoy the exceptional neighborhood with an abundance of green spaces, and amenities. There are three remodeled community pools (one seasonally heated), tennis courts with pickleball lines, and a prime location less than one mile from public beach access at June Decker Beach Trail.

Listing Details MLS# 990866

Contract Info

List Price/SqFt: 259.67
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-22-1095-0000-0279

General Property Info

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

Location, Tax and Legal

Unit #: 279
Sub Area: 1403 - Destin Northwest
Elementary School: Destin
Middle School: Destin
High School: Fort Walton Beach
Legal Description: GULF TERRACE TWO UNIT 279

Listing Info, Tax & Legal

Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 722
Annual Assessment Amount: 8664
Assessment Paid: Monthly
New Buyer Fee: Yes
New Buyer Fee Amt: 200
New Buyer Fee Paid: Monthly
Last Taxes: 2089.4
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: Yes

More Information

Remarks & Misc

Remarks: Discover Gulf Terrace if you're looking for a full-time residence, second home, or investment property. This private top floor 2-bedroom 1 Bath coastal retreat has been thoughtfully renovated for style, comfort, and is located in the heart of Destin. You cant get a better location! Enjoy the exceptional neighborhood with an abundance of green spaces, and amenities. There are three remodeled community pools (one seasonally heated), tennis courts with pickleball lines, and a prime location less than one mile from public beach access at June Decker Beach Trail.

Construction Status

Construction Complete: Yes

Waterview

Lake: Yes

Project Facilities

BBQ Pit/Grill: Yes
Community Room: 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
Waterfront: Yes

Construction/Siding

Roof Metal: Yes
Siding Vinyl: Yes
Stucco: Yes
Trim Vinyl: Yes

Utilities

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

Exterior

Balcony: Yes
Pool - Heated: Yes
Pool - In-Ground: Yes

Interior

Built-In Bookcases: Yes
Floor WW Carpet: Yes
Furnished - All: Yes
Window Treatment All: Yes

Financing

Conventional: Yes
FHA: Yes
VA: Yes

Appliances

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

Energy

AC - Central Elect: Yes
Ceiling Fans: Yes
Water Heater - Elect: Yes

Bedroom

First: Yes
Second: Yes

Kitchen

First: Yes

Living Room

First: Yes

Rooms

Bedroom: Yes
Kitchen: Yes
Living Room: Yes

Fees Include

Accounting: Yes
Ground Keeping: Yes
Recreational Faclty: Yes
Sewer: Yes
Water: Yes

Property Features

Construction Status: Construction Complete Waterview: Lake Project Facilities: BBQ Pit/Grill; Community Room; Dumpster; Gated Community; Laundry; Pavillion/Gazebo; Pets Allowed; Pickle Ball; Picnic Area; Pool; Short Term Rental - Allowed; Tennis; Waterfront Exterior: Balcony; Pool - Heated; Pool - In-Ground Interior: Built-In Bookcases; Floor WW Carpet; Furnished - All; Window Treatment All Appliances: Dishwasher; Disposal; Refrigerator; Stove/Oven Electric Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Water Heater - Elect Bedroom: First; Second Kitchen: First Living Room: First Rooms: Bedroom; Kitchen; Living Room Financing: Conventional; FHA; VA Fees Include: Accounting; Ground Keeping; Recreational Faclty; Water

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Bedroom	First	12 x 11	12.00	11.00	master bedroom
Bedroom	Second	12 x 11	12.00	11.00	2nd Bedroom
Living Room	First	19 x 16	19.00	16.00	Dining/Living Combo
Kitchen	First	10 x 8	10.00	8.00	open to dining area

Listing Office: South Walton Realty Sales LLC

Last Updated: December - 08 - 2025

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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