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$268,900

Beds
2
Baths
2.0
sq ft
900

4000 Gulf Terrace Dr Unit 250, Destin, FL 32541

4000 Gulf Terrace Dr Unit 250

Destin, FL 32541

  • 129 days on market
    • Price drop $1,000↓
Located at the sought-after 4000 Gulf Terrace, this fully furnished 2-bedroom, 2-bathroom property is the perfect addition to your short-term rental portfolio. Nestled within a gated community, the condo offers access to 3 swimming pools, tennis courts, and a serene lake. Guests will love the unbeatable location--just minutes from Destin's pristine beaches, Big Kahuna's Waterpark, and local dining hotspots. With a modern interior, recent upgrades, and a proven track record of strong rental income, this property is ready to start generating returns from day one. Don't miss out on this prime investment in one of Florida's top vacation destinations!

Details

Property type

Condominium

Est. home value

$279,135

Lot size

Unknown

Price per sq ft

$299

Year built

1974

Monthly HOA fee

$627.94

Price History

12/18/2024
EmeraldCoast

EmeraldCoast #957026

Price change
$268,900
-0.37%
11/22/2024
EmeraldCoast

EmeraldCoast #957026

Price change
$269,900
-6.61%
11/07/2024
EmeraldCoast

EmeraldCoast #957026

Listed
$289,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

Community features: 

Gated, Pool, Tennis Court(s)

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

Figure Lending Llc

Loan start date

February 2023

Original loan amount

$110,239

Est. remaining balance

Not provided

Interest rate

6.48%

Loan type

Credit Line (Revolving), 30 year

Seller

Loan Tarau

Lender

Plaza Home Mortgage Inc

Loan start date

January 2020

Original loan amount

$99,750

Est. remaining balance

$90,184

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Ioan Claudiu Tarau

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 5:25 AM

Listing updated: 12/18/2024 at 12:02 PM

Listed by: Simona M Ghile, Simona M Ghile, Simona M Ghile, Simona M Ghile, Simona M Ghile, Acasa Realty LLC Phone #: (850) 368-4863

MLS: EmeraldCoast #957026

EmeraldCoast logo

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