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Listing view 3

4000 Gulf Terrace Drive #257, 
Destin, FL 32541

$245,000


2

Beds


1

Bath


982

Sq Ft


Condo

Active

Listed by

Crystal D Newborn

The Ketchersid Team

The Ketchersid Group LLC.

Last updated:

September 23, 2026, 03:21 PM

MLS#

1011307

Source:

FL ECAR

About This Home

4000 Gulf Terrace Drive #257

Lake Views, Proven Rental Income, Close to the Beach, Amenities & Turnkey Ease -WOW- Wake up to peaceful views, coffee in hand, and a front-row seat to the daily show of turtles, ducks, & the fountains dancing water spray from your private balcony. Beautifully decorated and sold fully furnished, this condo is ready to enjoy, rent, or do both--with all appliances plus a washer and dryer already in place. An active VRBO rental and proven rental history are already established, giving you the opportunity to step in and start generating income from day one. And when you're ready for some beach time, you're only 0.8 miles from public beach access and minutes from the sugar-white sands, local restaurants, shopping, entertainment, and endless outdoor fun. But you may find yourself spending more time at Gulf Terrace than you expected! This pet-friendly community offers 3 swimming pools, including a heated pool, a large dog park, 2 tennis and pickleball courts, EV chargers, BBQ grills, picnic areas, and a beautiful lake with a fountain where fishing is welcome on a catch-and-release basis. Two gated entrances--one from Highway 98 and another from Airport Road--make coming and going a breeze, while free parking includes spaces for boats, trailers, and golf carts. And for an added bonus, the property is located outside the flood zone. Whether you're looking for a full-time residence, a beach getaway, or an investment property that already has a rental history, this one brings together the features buyers are looking for: lake views, convenient beach access, resort-style amenities, turnkey furnishings, and established short-term rental income. This is one you'll want to see in person--the views, décor, and overall feel simply don't come through in photos. Schedule your private showing and come see what makes this one stand out!

Home Facts

Condo

1 Bath

2 Bedrooms

Built in 1973

Subdivision & Development:

GULF TERRACE CONDO

Price Summary

245,000

$249 per Sq. Ft.

MLS #:

1011307

Last Updated:

September 23, 2026, 03:21 PM

Added:

20 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

982 Sq. Ft.


Structure

Structure

Building Area:

982 Sq. Ft.

Year Built:

1973


Finances & Disclosures

Finances

Price:

$245,000

Price per Sq. Ft:

$249 per Sq. Ft.

Source:FL ECAR
The information being provided by Emerald Coast Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast Association Of REALTORS®. The Ketchersid Group LLC. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of The Ketchersid Group LLC., a broker participant of Emerald Coast Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Emerald Coast Association Of REALTORS®. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.