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4000 Gulf Terrace Drive, Unit 187
Destin, FL 32541

$199,900 - Status: Active
Bed Icon Beds: 1
Bath Icon Baths: 1 full
Sq Feet Icon SQFT (H&C): 738
MLS Icon MLS# 1004965

Turnkey Investment Opportunity! This beautifully updated 1-bedroom condo comfortably sleeps up to 6 guests and is ideally located in the heart of the area, just minutes from sugar-white beaches, popular restaurants, shopping, and local attractions. Situated on the ground floor for easy access, this well-maintained unit offers convenience and comfort for both owners and guests.Inside, you'll find tasteful coastal décor, stainless steel appliances, a flat-surface stove, and an updated shower/tub combination that adds a modern touch. The open layout maximizes space and functionality, making it an ideal vacation retreat or income-producing rental property.Resort-style amenities include multiple swimming pools, tennis courts, a scenic lake, grilling areas, and beautifully maintained grounds. Whether relaxing by the pool, enjoying outdoor activities, or exploring the nearby beaches and entertainment, guests have everything they need for an unforgettable stay.With a strong rental history and excellent location, this condo is the perfect choice for investors, second-home buyers, or anyone seeking an affordable beach getaway with exceptional earning potential.

Property Features

MLS#: 1004965
Zip: 32541
Subdivision: Gulf Terrace Condo
Development: 14 - Destin
Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central
Home Style: N/A
Stories: 2.0
Taxes: $1,500
Year Built: 1973
SQFT (H&C): 738

Feature Descriptions

Appliances: Dishwasher, Dryer, Refrigerator, Smooth Stovetop Rnge, Washer, Water Heater - Elect
Association Fee Includes: $0
Community Features: Short Term Rental - Allowed, Pickle Ball, Dumpster, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable
Financing Terms: Conventional
HOA: Yes
Interior: Fireplace
Parcel Number: 00-2S-22-1095-0000-0187
Patio/Porch: Patio Covered, Porch Open
Pool Features: Pool Type
Property Condition: Renovated, Construction Complete
Rooms Total: 3
Sewer: Public Sewer
Sub Type: Condominium
Utilities: Electric, Public Water, TV Cable

Local Schools

High School: Destin
Middle School: Destin
Elementary School: Destin

4000 Gulf Terrace Drive, Unit 187 | MLS# 1004965

This condo located at 4000 Gulf Terrace Drive, Unit 187, Destin, FL 32541 is currently listed for sale with an asking price of $199,900. This property was built in 1973 and has 1 bedrooms and 1 full baths with 738 sq. ft. Gulf Terrace Drive, Unit 187 is located in the GULF TERRACE CONDO subdivision. Search GULF TERRACE CONDO real estate on mfrieseman.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: EXP Realty LLC

Shown By

Agent Name: Michelle Frieseman
Agent Phone: (404) 429-7013
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/09/2026. The listing information on this page last changed on 06/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/09/2026 3:38:53 AM EST) or Emerald Coast MLS (last updated Tue 06/09/2026 12:05:22 AM EST) or Central Panhandle Association of Realtors (last updated Tue 06/09/2026 1:17:18 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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