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4000 Gulf Terrace Drive Unit 112, Destin, FL 32541

Beds
2
Bath
1
Sqft
982
Pool
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byWaves of the Emerald Coast Realty LLC
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Overview

Prime Investment Opportunity: Destin 2BR 1BA Condominium. This first-floor condominium presents a fantastic investment opportunity with NO RENTAL RESTRICTIONS, allowing for flexible income potential. Though it requires upgrades, this unit promises great returns in the sought-after Destin market. It is part of the most affordable complex to own in Destin. All offers are welcome! No Flood Zone!
Community Features: gated entrances from HWY 98 and Airport Rd,
Access to 3 swimming pools, including one heated, Tennis/pickleball court, EV and a clubhouse for owners.
HOA Coverage: The monthly fee covers building insurance and exterior maintenance, water, internet, sewer, trash, landscaping, and maintenance of pools and gates, ensuring low maintenance for the homeowner. See More Section Seller's Motivations and Additional Property Features:
The seller is motivated and willing to assist with closing costs, making this an even more attractive opportunity. Never having occupied the property, the seller has consistently rented it long-term, evidencing its strong rental potential.
The complex offers convenient boat parking exclusively for owners at a minimal monthly fee, catering to those who love boating adventures. Additionally, the on-site laundry facility is undergoing a remodel to enhance its modern look and efficiency.
Located just 0.7 miles from public beach access, this property positions residents right across the street from the Gulf of America. This condominium is in close proximity to popular attractions such as the Morgan Sportsplex, The Track, Big Kahuna Waterpark, and the Sun Destin Hotel featuring the PhatFish Restaurant. These nearby destinations add significant appeal for both residents and potential renters. Within the complex, you'll find Quail Lake, a recently stocked catch-and-release natural aquifer, perfect for leisurely fishing and relaxation.

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of stories
2
Number of bedrooms
2
Number of bathrooms
1
Square feet
982
Year built
1973

Exterior features

Pool
Yes
Area amenities
Gated Community

Utilities

Heating
Central, Electric
Cooling
Central air, Ceiling fan(s), Electric
Sewer
Public sewer
Water
Public

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Emerald Coast Association of REALTORS MLS®#: 968843

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