4000 Gulf Terrace Drive 232, Destin

PORTFOLIO SALE - INDIVIDUAL UNIT PRICE ALLOCATED FOR MLS/COMP PURPOSES. Condo was sold as part of an 8-unit portfolio package transaction. The individual sales price shown reflects the allocated price for this unit within the portfolio transaction and is provided for comparable-sale purposes. The unit was not sold as an individual, stand-alone transaction. The property was sold fully furnished, AS IS, and is located in Gulf Terrace, a pet-friendly community with no rental restrictions and a strong history of appeal to both locals and tourists. Short-term rentals are permitted. Community amenities include two gated entrances from Highway 98 and Airport Road, three swimming pools, tennis/pickleball courts, a dog park, EV chargers, maintained green areas, picnic tables, and a lake. Free parking is available, and the community is not located in a flood zone. HOA includes building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of the pools and gates. Portfolio Transaction: 8 condos total -- five 1BR units (153, 132, 232, 230, 240) and three 2BR units (221, 180, 130). All units were sold fully furnished, AS IS, as part of the package transaction.