About 4000 Gulf Terrace Dr Unit 131
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 generated about $35,000 in gross rental income in 2024 and is exempt from costly Milestone inspections! 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, avacation getaway, or a primary residence, Gulf Terrace 131 checks all the boxes. Plus, you're just minutes from Destin Commons, world-class dining, and sugar-white beaches. Don't miss this profitable and hassle-free opportunity! Schedule your showing today!
Features of 4000 Gulf Terrace Dr Unit 131
| MLS® # | 970919 |
|---|---|
| Price | $245,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 780 |
| Acres | 0.00 |
| Year Built | 1973 |
| Type | Residential |
| Sub-Type | Condominiums |
| Style | N/A |
| Status | Active |
Community Information
| Address | 4000 Gulf Terrace Dr Unit 131 |
|---|---|
| Area | Destin |
| Subdivision | GULF TERRACE CONDO |
| City | DESTIN |
| County | OKALOOSA |
| State | FL |
| Zip Code | 32541 |
Amenities
| Amenities | BBQ Pit/Grill, Community Room, Dumpster, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable Available, Laundry |
|---|---|
| Utilities | Public Sewer Available, Public Water Available, TV Cable Available |
| Is Waterfront | Yes |
| Waterfront | Lake |
| Has Pool | Yes |
| Pool | Community |
Interior
| Interior Features | Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Furnished - All, Window Treatment All |
|---|---|
| Appliances | Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer |
| Heating | Heat: Central Electric |
| Cooling | A/C: Central Electric |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Roof Metal, Siding Vinyl |
|---|---|
| Exterior Features | Patio Covered |
| Roof | Roof Metal |
| Foundation | Siding Vinyl |
School Information
| Elementary | DESTIN |
|---|---|
| Middle | DESTIN |
| High | Destin |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 600.00 |
| HOA Fees Freq. | Monthly |
Listing Details
| Office | Levin Rinke Realty |
|---|