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$239,000

Beds
1
Baths
2.0
sq ft
900

4000 Gulf Terrace Dr Unit 129, Destin, FL 32541

4000 Gulf Terrace Dr Unit 129

Destin, FL 32541

  • 8 days on market
Welcome to an incredible investment opportunity in beautiful Destin, Florida! With a low entry price, the possibilities are endless. This handyman special can be transformed into your dream home or a vacation retreat with short-term rentals--no restrictions on STRs!Featuring 1 bedroom and 2 full bathrooms, this condo offers an ideal space for anyone looking to be in the heart of Destin. Conveniently located near Big Kahuna's Water Park, Destin's stunning white sand beaches, shopping, dining, and more.Don't miss out--contact us today to schedule a private showing with an investor-savvy agent and explore all the potential this condo has to offer!

Details

Property type

Condominium

Est. home value

$307,477

Lot size

Unknown

Price per sq ft

$266

Year built

1976

Monthly HOA fee

$523.3

Price History

03/05/2025
EmeraldCoast

EmeraldCoast #970293

Listed
$239,000
-7.72%
11/01/2024
EmeraldCoast

EmeraldCoast #947043

Removed
$259,000
06/20/2024
EmeraldCoast

EmeraldCoast #947043

Price change
$259,000
-6.8%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

Community features: 

Gated, Pool

Seller’s Loan History

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

Lender

Bryant Bank

Loan start date

August 2019

Original loan amount

$71,250

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Balloon, 5 year

Seller

J & T Vacation Rentals Llc

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: 03/13/2025 at 7:25 PM

Listing updated: 03/05/2025 at 6:44 PM

Listed by: Jesus Lopez, EXP Realty LLC Phone #: (888) 883-8509

MLS: EmeraldCoast #970293

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