$245,000
$265,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
4000 Gulf Terrace Drive #UNIT 201 Destin, FL 32541
1 Bed
1 Bath
750 SqFt
Key Details
Sold Price $245,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 750 sqft
Price per Sqft $326
Subdivision Gulf Terrace Condo
MLS Listing ID 897691
Sold Date 09/16/22
Bedrooms 1
Full Baths 1
Construction Status Construction Complete
HOA Fees $474/mo
HOA Y/N Yes
Year Built 1973
Annual Tax Amount $1,139
Tax Year 2021
Property Description
Great investment opportunity! 1 bed/1 bath condo with balcony, and beautiful private lake view; located in the heart of Destin! Unit has been a vacation rental machine for years, and will be a great investment property for new ownership. $25k to $32k in rental projections for 2022. Unit comes fully furnished. Washer & dryer in the unit, located on the second floor. GE appliances. Tile flooring throughout. Complex is gated, well maintained, and allows pets. Amenities include: 3 pools, 2 tennis courts, on site laundry facilities, BBQ areas, golf cart/boat storage, and a lake for fishing. Quick access to beaches, restaurants, entertainment, & shopping. This unit is turnkey ready, and won't last long. Buyer to verify all dimensions.
Location
State FL
County Okaloosa
Area 14 - Destin
Rooms
Guest Accommodations BBQ Pit/Grill,Community Room,Dumpster,Gated Community,Laundry,Picnic Area,Pool,Tennis,TV Cable
Kitchen Second
Interior
Interior Features Breakfast Bar, Floor Tile, Furnished - All, Owner's Closet
Appliance Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
Exterior
Exterior Feature Balcony, Patio Covered
Pool Community
Community Features BBQ Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Picnic Area, Pool, Tennis, TV Cable
Utilities Available Community Sewer, Electric, Public Sewer, Public Water, TV Cable
Waterfront Description Lake
View Lake
Private Pool Yes
Building
Water Lake
Structure Type Block,Roof Metal,Siding Vinyl,Slab
Construction Status Construction Complete
Schools
Elementary Schools Destin
Others
HOA Fee Include Accounting,Ground Keeping,Insurance,Internet Service,Management,Sewer,Trash,TV Cable,Water
Assessment Amount $474
Energy Description AC - Central Elect
Financing Conventional
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Bought with Berkshire Hathaway HomeServices PenFed Realty