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Karrie Rose

850-543-5588
  • MLS® #: 809328
  • 4000 Gulf Terrace Dr 1000,107,108,109,110,113,etc

  • DESTIN, FL 32541
  • $3,999,000 REDUCED
  • 2 Beds, 1 Bath, 950 SQ. Feet
  • Residential
  • Office: Sea Coast Realty Group Inc

Listing information is for one unit out of the 40 included. Units are 2/1, 2/2 and 1/1 and 1/2. This is for a 40 unit investor package. Great deal on super rental income property with great rental numbers. Occupancy runs between 95-100% year round. Investors looking for tax depreciation and equity appreciation will love this package. Great location in the heart of Destin. This property has seen many improvements over the past 5 years. The maintenance fees have not gone up during that time. The association shows great financial records and a nice reserve account. Units are immediately occupied when vacancy occurs. Management contract in place and will continue for the next two years. Many of the units have water views, park views and tennis court view. Buyer to verify dimensions.

Essential Information

  • MLS® #809328
  • Price$3,999,000
  • Bedrooms2
  • Bathrooms1.00
  • Full Baths1
  • Square Footage950
  • Acres0.00
  • Year Built1976
  • TypeResidential
  • Sub-TypeCondominiums
  • StyleN/A
  • StatusActive

Community Information

  • AreaDESTIN
  • SubdivisionGULF TERRACE CONDO
  • CityDESTIN
  • CountyOKALOOSA
  • StateFL
  • Zip Code32541

Address

4000 Gulf Terrace Dr 1000,107,108,109,110,113,etc

Amenities

  • ParkingBoat, Guest
  • Is WaterfrontYes
  • Has PoolYes
  • PoolPool - In-Ground, Community

Amenities

BBQ Pit/Grill, Community Room, Dock, Dumpster, Fishing, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable Available, Waterfront

Utilities

Electric Available, Phone Available, Public Sewer Available, Public Water Available, TV Cable Available

Waterfront

Lake, Shore: Natural, Unit Waterfront

Interior

  • CoolingA/C: Central Electric

Appliances

Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric

Exterior

  • RoofBlock, Roof Flat, Roof Metal
  • ConstructionFrame
  • FoundationSiding Vinyl

Exterior

Block, Concrete, Frame, Roof Flat, Roof Metal, Siding Vinyl, Siding Stucco

Exterior Features

Balcony, BBQ Pit/Grill, Deck Open, Fenced Chain Link, Fenced Privacy, Pavillion/Gazebo, Pool - In-Ground, Porch Covered, Shower, Tennis Court

School Information

  • ElementaryDESTIN
  • MiddleDESTIN
  • HighFORT WALTON BEACH

Additional Information

  • Days on Website156
  • HOA Fees364.21
  • HOA Fees Freq.Monthly

Property Location

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Price Change History for 4000 Gulf Terrace Dr 1000,107,108,109,110,113,etc, DESTIN, FL (MLS® #809328)

Date Details Price Change
Price Reduced (from $4,200,000) $3,999,000 $201,000 (4.79%)

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, Copyright2019, All rights reserved.

Listing information last updated on March 24th, 2019 at 12:00pm CDT.