tomo logo

$263,000

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

  • 196 days on market
    • Price drop $2,000↓
NO RENTAL RESTRICTIONS! Vacant! STR Allowed! Huge Potential! Destin 2BR 2BA Condominium + Laundry Room with lake view on the second floor. Large Living Room and 2 bathrooms are rare find in the complex. Tile floors throughout. The condo was rented long term for $2300/ month AS IS. New SS Slide in Stove, New SS Refrigerator. 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 (one heated), tennis/pickleball court, clubhouse for owners. Destin is renowned for its stunning beaches, vibrant community, water sports, boating, shopping and dining.

Details

Property type

Condominium

Est. home value

$267,933

Lot size

Unknown

Price per sq ft

$268

Year built

1973

Monthly HOA fee

$627.94

Price History

03/09/2025
EmeraldCoast

EmeraldCoast #959584

Listed
$263,000
02/18/2025
EmeraldCoast

EmeraldCoast #959584

Removed
$263,000
12/31/2024
EmeraldCoast

EmeraldCoast #959584

Price change
$263,000
-0.75%

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: 04/04/2025 at 8:05 AM

Listing updated: 03/22/2025 at 10:16 AM

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

MLS: EmeraldCoast #959584

EmeraldCoast logo

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