tomo logo

$240,000

Beds
2
Baths
1.0
sq ft
982

4000 Gulf Terrace Dr Unit 259, Destin, FL 32541

4000 Gulf Terrace Dr Unit 259

Destin, FL 32541

  • 694 days on market
    • Price drop $45,000↓
Great first-time buyer, second home or investment opportunity! Unit 259 is freshly painted in a soft gray and comes fully furnished. It is a spacious, two-bedroom, one-bath condo with a balcony overlooking a natural area, where you can feel the gulf breezes. Come make this your dream retreat! It is conveniently located next to one of the three community pools, the large lake and it's within walking distance to the beautiful Emerald Coast beaches, shopping, dining, The Track, and Big Kahunas! Gulf Terrace is a GATED community (two gated entrances), with a large lake, three swimming pools, green space, tennis courts, outdoor BBQ areas, bike racks, on-site maintenance and laundry facilities. Long-term and short-term rentals allowed. Gulf Terrace also offers boat and RV storage for a..... monthly fee on a first come first serve basis. New in 2024 HVAC unit, Refrigerator, Stove, Smart TV, Vinyl Plank Flooring, Ceiling Fan, and paint. All pools and pool decks have been redone. One pool is heated and bath houses have been remodeled.

Details

Property type

Condominium

Est. home value

$271,230

Lot size

Unknown

Price per sq ft

$245

Year built

1977

Monthly HOA fee

$569.56

Price History

09/13/2024
EmeraldCoast

EmeraldCoast #915841

Price change
$240,000
-15.79%
01/28/2023
EmeraldCoast

EmeraldCoast #915841

Listed
$285,000
+152.21%
06/28/2018
EmeraldCoast

EmeraldCoast #797193

Sold
$113,000

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

Renasant Bank

Loan start date

June 2018

Original loan amount

$84,750

Est. remaining balance

Not provided

Interest rate

5.37%

Loan type

Adjustable Rate Mortgage, 20 year

Seller

Jessie Paul Beasley Jr and Kimberly Gayle Beasley

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?

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Status: Active

Tomo last checked: 12/22/2024 at 9:35 PM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Christine M Wilkinson, Christine M Wilkinson, Christine M Wilkinson, Back Stage Realty Phone #: (850) 729-0399

MLS: EmeraldCoast #915841

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