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4000 Gulf Terrace Drive 286, Destin, FL 32541
4000 Gulf Terrace Drive 286, Destin, FL 32541
#993789
RES
1/1
Built in 1973
$268,000
Contact Agent
Heather Sprigler
[email protected]
(850) 865-5206
Photos
Details
Location
Questions
Details
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. The condo has been completely renovated, featuring: New electrical wiring and water lines. New HVAC system and ductwork. New water heater. New sheetrock with blown insulation. New sliding patio door. Enjoy excellent community amenities including outdoor pools, tennis courts, BBQ areas, and a pavilion/gazebo. This is a great investment opportunity with strong income potential in a prime beach location or a perfect place to live. Disclaimer: All measurements to be verified by buyer.
REAL ESTATE
Real Estate Type
RES
Construction
Siding Vinyl
Stucco
Cooling
Central Air
Full Bathrooms
1
Half Bathrooms
0
One Quarter Bathrooms
0
Three Quarter Bathrooms
0
Heating
[]
Real Estate Sub Type
Condominium
Stories
0
Style
N/A
Subdivision
GULF TERRACE CONDO
View
Lake
Year Built
1,973
Interior Features
Kitchen Island
Exterior Features
Balcony
Unit Number
286
Lot Size Units
Acres
Lot Size Area
0
Agent MLS Id
E25513
Office Key
20,221,005,143,011,100,000,000,000
Source System Name
Emerald Coast Association of REALTORSĀ®
Source System Id
M00000138
Elevation
0
Directions
Highway 98
East. Turn north onto Gulf Terrace Drive. Entrance is west of Airport Road. Gate Code Needed
County
Okaloosa
Parcel Number
00-2S-22-0000-0286
Appliances
Cooktop
Dishwasher
Dryer
Microwave
Range Hood
Refrigerator
Smoke Detector
Washer
Water Heater - Elect
Flooring
Floor Vinyl
Number Of Units Total
0
Fireplace
False
Tax Legal Description
GULF TERRACE TWO UNIT 286
Parking Total
0
Parking Features
[]
Waterfront
False
Waterfront Features
[]
Window Features
[]
RoomsTotal
3
Security Features
[]
Other Structures
[]
Utilities
Electric
Public Water
TV Cable
Patio And Porch Features
[]
Special Listing Conditions
[]
Basement
[]
Private Pool
False
Spa
False
Fencing
[]
Internet Address Display
True
Internet Automated Valuation Display
False
Agent Name
Tatiana Bodiu
Agent Email
[email protected]
Agent Office
850-678-5161
Broker Id
EBOD
Office Name
BodiuRealty LLC
Square Feet
830
Listing Contract Date
1/26/2026
Status
Active
Elementary School
Destin
Middle School
Destin
High School
Destin
GENERAL
Property Condition
Renovated
Construction Complete
VIRTUAL TOUR
Virtual Tour Url Unbranded 1
https://drive.google.com/file/d/1REj57zB56ETQKqKYva6YaXpfYwPnEj1Y/view?usp=sharing
Questions
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Last Name
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