tomo logo

$265,000

Beds
1
Baths
1.0
sq ft
738

4000 Gulf Terrace Dr Unit 134, Destin, FL 32541

4000 Gulf Terrace Dr Unit 134

Destin, FL 32541

  • 144 days on market
Welcome to 'The Jewel' at Gulf Terrace Condos in the vibrant heart of Destin, FL! This immaculate 1-bedroom condo is a true gem, boasting modern amenities and artistic flair, making it a standout property in the market.Interior Features:Living Space: Step into a contemporary haven with a sleek, modern look that exudes sophistication and style. The living space is thoughtfully designed with artistic elements, ensuring a unique and inviting atmosphere.Kitchen: The kitchen is equipped with state-of-the-art stainless steel appliances, including a smart refrigerator, perfect for tech-savvy homeowners who appreciate convenience and innovation in their culinary space. " Bathroom: The bathroom includes a modern mirror with Bluetooth connectivity, adding a touch of luxury and convenience to your daily routine. " Utility Room: The condo comes with a washer and dryer in the utility room, ensuring you have everything you need for comfortable living. Exterior Features: " Deck: Enjoy breathtaking views of the lake from your private deck, furnished with stylish outdoor furniture, perfect for relaxing or entertaining guests. Community Features: " Amenities: As part of Gulf Terrace Condos, "The Jewel" offers access to three sparkling swimming pools, a tennis court, and the peace of mind of a gated community. " Location: Centrally located in Destin, you are just a stone's throw away from premier shopping, dining, and beautiful beaches, making it an excellent rental property with high potential for return on investment.

Details

Property type

Condominium

Est. home value

$305,436

Lot size

Unknown

Price per sq ft

$360

Year built

1973

Monthly HOA fee

$498.38

Price History

07/31/2024
EmeraldCoast

EmeraldCoast #955909

Listed
$265,000
+176.04%
07/28/2020
EmeraldCoast

EmeraldCoast #838558

Sold
$96,000

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

$44,977
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$198,823
Cash to seller
$44,977

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

Seller’s Loan History

Lender

Homexpress Mortgage Corp

Loan start date

September 2023

Original loan amount

$201,500

Est. remaining balance

$198,823

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Jewel Of Destin 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: 12/22/2024 at 6:30 PM

Listing updated: 11/14/2024 at 12:17 PM

Listed by: Cathy M Walker, Cathy Walker, Cathy Walker, Catherine M Walker, Catherine M Walker, Realty ONE Group Emerald Coast Phone #: (850) 842-3211

MLS: EmeraldCoast #955909

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