4000 Gulf Terrace Drive , #286, Destin 32541 (Active)

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Listing Information

Property Type: Condominium
MLS #: 993789 Price: $268,000.00 Year Built: 1973
Square Feet: 830 Bedrooms: 1 Bathrooms: 1 Full
HOA Fees: $601.79 Lot Size: Not available Lot Dimensions: Not available

Subdivision: Gulf Terrace Condo

Description:

ATTENTION INVESTORS! High-performing 1 bed, 1 bath condominium in Destin, Florida generating approximately $42,000 in annual rental income. This unit consistently outperforms comparable properties in the area, demonstrating exceptional demand and proven success. A detailed income report for the past four years is available, highlighting its strong and reliable revenue history.This condo is being sold turn-key and ready for short-term rentals, making it an excellent investment opportunity or a perfect place to call home. This unit is being sold fully furnished with everything shown in the listing and is ready to move in or immediately start short-term rentals.

Photos

Features

Waterview: Lake

Project Facilities: Dumpster, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable

Construction/Siding: Roof Metal, Siding Vinyl

Exterior Features: Balcony

Interior Features: Floor Vinyl, Furnished - All, Kitchen Island, Renovated

Appliances: Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Smoke Detector, Washer

Utilities: Electric, Public Sewer, Public Water, TV Cable

Energy: AC - Central Elect, Water Heater - Elect

Financing: Conventional, FHA

Fees Include: Accounting, Ground Keeping, Internet Service, Legal, Management, Master Association, Sewer, Water

Schools

Elementary School: Destin Middle School: Destin High School: Destin

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This listing provided courtesy of BodiuRealty LLC.
This information was last updated on 1/28/2026 10:03:12 PM.

All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2026. All rights reserved.


We are members of:
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