2003/4000 Gulf Terrace Drive

Destin FL 32541

738 sq. ft.

Condo

Last sold for $224,000

Amelia Garrett, last sold this property on 27 March 2025 after 246 days on market.

Overview

Don't miss your chance to own this beautifully renovated condo! Whether you're looking for a primary residence, vacation home, or a short- or long-term rental, this unit's location and amenities make it a must-see. The condo features new luxury vinyl waterproof flooring and fresh paint throughout. The kitchen has been fully transformed with quartz countertops, new cabinets, stainless steel appliances, and a large modern sink. Natural light floods the kitchen, dining, and living areas through brand new hurricane rated large glass doors that lead to the balcony. During the season, you can enjoy weekly fireworks from the balcony. The bathroom has also undergone a full makeover with a new soaker tub with surround, modern finishes, a new vanity, and toilet. The HVAC system was replaced in May 2024 and new water heater installed in 2025. A brand new washer and dryer can be included with the purchase. This condo is move-in ready! Gulf Terrace Condominiums is conveniently located just off Highway 98/Emerald Coast Parkway in the heart of Destin, between The Track and Big Kahuna's. Unit 2003 is just steps from Shakes and less than half a mile from Starbucks, Chick-fil-A, shopping, restaurants, and attractions. Amenities include three pools for your enjoyment and relaxation, two gazebos, and opportunities for catch-and-release fishing at Lake Aladdin. There are several barbecue grills and tables around the property for residents and guests to use. Gulf Terrace also features a communal clubhouse for various activities and tennis/pickleball courts open year-round near the east pool. Laundry facilities are located on-site, and boat trailer parking is available on a temporary basis. HOA fees cover internet, water, trash, and property maintenance. The Gulf Terrace Condominiums property management team is on-site, providing dedicated service to owners and guests.

Features

1 bedroom

1 bathroom

2 carspaces

2 carport spaces

738 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Destin over the last 12 months, the estimated median property value of 2003/4000 Gulf Terrace Drive is $362.5k.

Median value

$362.5k

Estimated value range

$135k - $747.5k

Median days on market

Estimated value trend

-2%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Destin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.