tomo logo

$210,000

Beds
1
Baths
1.0
sq ft
850

4000 Gulf Terrace Dr Unit 113, Destin, FL 32541

4000 Gulf Terrace Dr Unit 113

Destin, FL 32541

  • 34 days on market
Your perfect place to call home, vacation retreat, or investment. Discover the ideal blend of convenience, comfort, and investment potential in this stunning Destin condo. Move-in ready and equipped for immediate enjoyment or rental. This unit features a bright and airy living area and fully equipped kitchen. Benefit from gated access with serene lake views from your private patio. Enjoy three sparkling pools, tennis, outdoor grills, a clubhouse, and more. Located just minutes from world-class beaches, top-tier dining, shopping, and entertainment. Ideal for both short and long-term rentals, with potential for significant returns. Don't miss this incredible opportunity to own a piece of paradise in Destin. Contact us today to schedule a viewing!

Details

Property type

Condominium

Est. home value

$235,581

Lot size

Unknown

Price per sq ft

$248

Year built

1976

Monthly HOA fee

$627.94

Price History

11/18/2024
EmeraldCoast

EmeraldCoast #963281

Listed
$210,000
+100%
08/28/2020
EmeraldCoast

EmeraldCoast #849886

Sold
$105,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

Gated, Pool, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$133,878
Asking price
$210,000
Closing costs (~8% of asking)
-$16,800
Est. remaining loan balance
-$59,322
Cash to seller
$133,878

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Navy Fcu

Loan start date

September 2020

Original loan amount

$78,750

Est. remaining balance

$59,322

Interest rate

2.48%

Loan type

New Conventional, 15 year

Seller

Joshua A Gerger

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 6:00 AM

Listing updated: 11/28/2024 at 11:04 AM

Listed by: Matthew R Hoover, Matthew R Hoover, Matthew R Hoover, The Property Group 850 Inc Phone #: (850) 682-9121

MLS: EmeraldCoast #963281

EmeraldCoast logo

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