tomo logo

$250,000

Beds
1
Baths
1.0
sq ft
900

4000 Gulf Terrace Dr Unit 217, Destin, FL 32541

4000 Gulf Terrace Dr Unit 217

Destin, FL 32541

  • 1 day on market
This adorable condo would make the perfect beach getaway, and it is in the heart of Destin. This condo has recently been updated and is rental ready. This is also a dog friendly condo community which makes it easy to bring your fur loved ones on your vacation. This condo has everything you need to relax and hit the beach or pool. Stainless steel appliances and a fully equipped kitchen with a breakfast bar or have dinner looking @ the lake from your dining table.Gulf Terrace is in a gated community and the amenities include three (3) pools for your enjoyment (one (1) is heated year-round. Tennis & Pickle ball, two gazebos, a catch-and-release fishing pond. There are several tables and barbecue grills around the property, on-site laundry facilities & HOA is on property.

Details

Property type

Condominium

Est. home value

$220,151

Lot size

Unknown

Price per sq ft

$278

Year built

1973

Monthly HOA fee

$523.3

Price History

01/13/2025
EmeraldCoast

EmeraldCoast #966304

Listed
$250,000
+155.1%
12/31/2019
EmeraldCoast

EmeraldCoast #827657

Sold
$98,000
+53.13%
11/17/2016
EmeraldCoast

EmeraldCoast #736768

Sold
$64,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

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

$159,379
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$70,621
Cash to seller
$159,379

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

Seller’s Loan History

Lender

Inlanta Mortgage Inc

Loan start date

December 2019

Original loan amount

$78,400

Est. remaining balance

$70,621

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Alyssa Riley and Melissa Riley

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: 01/14/2025 at 8:10 PM

Listing updated: 01/14/2025 at 2:44 PM

Listed by: Angelic Z Rogers, Angelic Z Rogers, The Premier Property Group Phone #: (850) 337-1555

MLS: EmeraldCoast #966304

EmeraldCoast logo

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