2 Beds
1 Bath
Full Baths: 1
982 SqFt
1977 Year Built

Turnkey Destin opportunity with fresh updates and strong rental performance. 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.

Listed by Dream Destin Realty PLLC

GALLERY

4000 Gulf Terrace DR #259, Destin, FL 32541

PROPERTY DETAIL

Key Details

Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 982 sqft
Price per Sqft $262
Subdivision Gulf Terrace Condo
MLS Listing ID 1010146
Bedrooms 2
Full Baths 1
HOA Fees $722/mo
HOA Y/N Yes
Year Built 1977
Annual Tax Amount $2,546
Tax Year 2025
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 982
Location

State FL
County Okaloosa
Community Short Term Rental - Allowed, Bbq Pit/Grill, Community Room, Fishing, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Pool, Tennis, Tv Cable
Area 14 - Destin
Direction From Highway 98 west of Shakes on the north side. Take a right after coming through the gate and then a left after the first island. Bldg. 15 is the first building to the right of the community pool. Unit is upstairs.
Rooms

Primary Bedroom Level Upper
Master Bedroom true
Dining Room true
Kitchen true
Building

Faces From Highway 98 west of Shakes on the north side. Take a right after coming through the gate and then a left after the first island. Bldg. 15 is the first building to the right of the community pool. Unit is upstairs.
Sewer Public Sewer
New Construction No

Interior

Interior Features Built-In Bookcases, Kitchen Island, Washer/Dryer Hookup
Heating Central
Cooling Ceiling Fans, Central Air
Flooring Floor Tile, Floor Vinyl, Floor WW Carpet
Furnishings Furnished - All
Window Features Window Treatmnt Some
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
Exterior

Exterior Feature Balcony, Balcony
Pool Pool Type
Community Features Short Term Rental - Allowed, BBQ Pit/Grill, Community Room, Fishing, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Pool, Tennis, TV Cable
Utilities Available Electric, Public Water, TV Cable
Roof Type Metal
Garage No
Schools

Elementary Schools Destin
Middle Schools Destin
High Schools Destin
Others

Pets Allowed No
HOA Fee Include Ground Keeping, Insurance, Internet Service, Management, Sewer, TV Cable, Trash, Water
Tax ID 00-2S-22-1095-0000-0259
Special Listing Condition Accept Backup Offers