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  • Price$255,000
  • Beds1
  • Baths1
  • SQ. Feet830
  • Built1973

4000 Gulf Terrace Drive 286, Destin

Highly motivated seller -- bring your offers! High-performing 1 bed, 1 bath condominium in Destin, Florida generating a consistant and profitable annual rental income for the past 4 years. 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 condominium is offered turnkey and is already generating consistent monthly income with active rental bookings in place, making it an outstanding investment opportunity or an ideal primary or secondary residence. The unit is being sold fully furnished, including all items shown in the listing, and is completely move-in ready or prepared to continue operating immediately as a short-term rental. Everything is new from Electrical wiring, HVAC system,Sheetrock, Water Heater, Slididing door and Insulation . Disclaimer: All measurements to be verified by buyer.

Essential Information

  • MLS® #993789
  • Price$255,000
  • Sold Price$235,500
  • Bedrooms1
  • Bathrooms1.00
  • Full Baths1
  • Square Footage830
  • Year Built1973
  • TypeResidential
  • Sub-TypeCondominium
  • StyleN/A
  • StatusSold

Amenities

  • UtilitiesElectric, Public Sewer, Public Water, TV Cable
  • ViewLake

Exterior

  • Exterior FeaturesBalcony
  • RoofMetal
  • ConstructionStucco, Siding Vinyl

Additional Information

  • Days on Website139
  • Date Sold2026-05-12

Community Information

  • Address4000 Gulf Terrace Drive 286
  • Area14 - Destin
  • SubdivisionGULF TERRACE CONDO
  • CityDestin
  • CountyOkaloosa
  • StateFL
  • Zip Code32541

Interior

  • Interior FeaturesKitchen Island
  • AppliancesCooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
  • CoolingCentral Air

School Information

  • ElementaryDestin
  • MiddleDestin
  • HighDestin

Listing Details

  • Listing OfficeBodiuRealty LLC

Price Change History for 4000 Gulf Terrace Drive 286, Destin, FL (MLS® #993789)

Date Details Price Change
Price Reduced (from $268,000) $255,000 $13,000 (4.85%)
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.