Florida
Destin
4000 Gulf Terrace Drive, UNIT 131

$239,000

4000 Gulf Terrace Drive, UNIT 131, Destin, FL 32541

1 bed |
1 bath |
780 sqft

Condominium
Built in 1973
—— sqft lot
—— car garage
$306/sqft
Listed 2 months ago

Property Description

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, a vacation 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!

Listing Status:: Active
Date Added:: March 12, 2025 at 05:00AM
Listing Office:: Levin Rinke Realty : 850-916-5050
Listing Agent:: The White Sands Team : 850-259-5180
MLS ID:: 970919

General: Breakfast BarCeiling Crwn MoldingFloor TileFurnished - AllWindow Treatment All
Appliances: DishwasherDryerMicrowaveRefrigeratorSmoke DetectorStove/Oven ElectricWasher
A/C: Central Air
Heating: Central

This listing courtesy of The White Sands Team, Levin Rinke Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Destin Elementary School

630 Kelly St, Destin, FL, 32541

Grades PK-4

1.71 miles away

Destin Middle School

4608 Legendary Marina Dr, Destin, FL, 32541

Grades 5-8

2.60 miles away

Okaloosa Virtual Instruction Program

120 Lowery Pl SE, Fort Walton Beach, FL, 32548

Grades KG-12

8.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.