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4000 Gulf Terrace Drive , #286

Destin, FL 32541
  • $255,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 993789
Price Reduced
UPDATED: 51 min ago
$255,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 830
    SQFT
  • $307
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1973
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Coastal Luxury. Vendor Member number: 28178. Data last updated: 2026-03-07T19:00:38.463.
Vendor Member #28178.
www.searchcoastalluxury.com/homes/172486840
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4000 Gulf Terrace Drive , #286 Destin, FL 32541

  • Price: $255,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 51 min ago
  • MLS #: 993789
1
Beds
1
Baths
0
½ Baths
N/A
Acres
830
SQFT
$307
$/SQFT
1973
Built
Neighborhood:
Gulf Terrace Condo
County:
Okaloosa
Area:
Destin
Elementary School:
Destin
Middle School:
Destin
High School:
Destin
Property Description
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.
Exterior Features

Architectural Style N/A Carport YN No Construction Materials Siding VinylStucco Exterior Features Balcony Lot Features [] Parking Features [] Pool YN Yes Road Frontage Type [] Road Surface Type [] View Lake Waterfront Features []

Interior Features

Appliances CooktopDishwasherDryerMicrowaveRange HoodRefrigeratorSmoke DetectorWasherWater Heater - Elect Cooling Central Air Cooling YN Yes First Floor Bedroom Yes Heating [] Interior Features Kitchen Island Rooms Total 3

Property Features

Association Fee Frequency Monthly Association Fee Includes AccountingGround KeepingInternet ServiceLegalManagementMaster AssociationSewerWaterTrash Association Fee2 601.79 Association YN Yes Buyer Financing ConventionalFHA Community Features Short Term Rental - AllowedPickle BallDumpsterGated CommunityPavillion/GazeboPets AllowedPicnic AreaPoolTennisTV Cable Green Energy Efficient [] New Construction YN No Number Of Units In Community 8 Pool Type Community Property Condition RenovatedConstruction Complete Property Sub Type Condominium Short Term Rental Allowed Yes Special Listing Conditions [] Tax Amount 1915.11 Tax Year 2025 Utilities ElectricPublic WaterTV Cable

Listing courtesy of BodiuRealty LLC: 850-368-3042.


© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Coastal Luxury. Vendor Member number: 28178. Data last updated: 2026-03-07T19:00:38.463.
Vendor Member #28178.
 
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Coastal Luxury
9961 East County Highway 30A, Suite 1
Seacrest FL, 32413