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$265,000

Beds
2
Baths
2.0
sq ft
982

4000 Gulf Terrace Dr Unit 281, Destin, FL 32541

4000 Gulf Terrace Dr Unit 281

Destin, FL 32541

  • <1 day on market
NO RENTAL RESTRICTIONS! Destin 2BR 2BA Condominium + Laundry Room with lake view on the second floor. Large Living Room and the two bathrooms are rare find in the complex. Tile floors throughout. The condo is rented long term for $2300/ month, which brings a gross income of $27,600 / year AS IS. New SS Slide in Stove, New Dishwasher. Washer and Dryer Convey. The HOA fee covers Building Insurance & Exterior, water, internet, sewer, trash, landscaping, all pools maintenance and gates. The complex offers gated entrances from HWY 98 and from Airport Rd, access to 3 swimming pools, tennis/pickleball court, clubhouse for owners. Destin is renowned for its stunning beaches, vibrant community, water sports, boating, shopping and dining. Text agent for showing appointment

Details

Property type

Condominium

Est. home value

$267,933

Lot size

Unknown

Price per sq ft

$270

Year built

1973

Monthly HOA fee

$627.94

Price History

09/20/2024
EmeraldCoast

EmeraldCoast #959584

Listed
$265,000
-5.36%
04/01/2024
EmeraldCoast

EmeraldCoast #924316

Removed
$280,000
03/03/2024
EmeraldCoast

EmeraldCoast #924316

Price change
$280,000
+3.7%

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

Gulf Coast Bank & Trust Co

Loan start date

August 2013

Original loan amount

$53,690

Est. remaining balance

Not provided

Interest rate

3.93%

Loan type

Not Provided, 20 year

Seller

Shalom Itzhak Shai Cohen and Aldai E Cohen

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: 09/20/2024 at 9:10 PM

Listing updated: 09/20/2024 at 6:14 PM

Listed by: Alina Jackson, Alina Jackson, Waves of the Emerald Coast Realty LLC Phone #: (850) 533-7885

MLS: EmeraldCoast #959584

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