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4000 Gulf Terrace Dr

Destin, FL 32541

2 bd 1 ba 860 sqft Built 1976 condos
Most recent sale
$312,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 6, 2025 Listed $269,000 EmeraldCoast
Oct 15, 2024 Sold $258,000 EmeraldCoast
Sep 9, 2022 Sold $312,000 Public Record
Sep 1, 2022 Listed $311,000 MLS #907164
Jul 16, 2021 Sold $179,000 Public Record
Jul 13, 2021 Sold $179,000 EmeraldCoast
Jun 29, 2021 Listed $199,900 MLS #875603
Jun 4, 2013 Sold $70,000 Public Record
May 28, 2013 Sold $70,000 EmeraldCoast
Mar 20, 2013 Price changed $75,400 MLS #589786
Jan 18, 2013 Listed $79,900 MLS #589786
Apr 2, 2008 Sold $83,500 Public Record
Mar 15, 2002 Sold $63,000 Public Record
Apr 6, 1994 Sold $39,500 Public Record
Aug 1, 1986 Sold $73,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $215,000 $215,000 $2,546
2024 $215,000 $215,000 $2,724
2023 $245,000 $245,000 $2,926
2022 $170,000 $170,000 $2,048
2020 $90,000 $90,000 $1,126
2019 $82,500 $1,062
2018 $75,000 $75,000 $963
2017 $72,000 $72,000 $941
2016 $70,000 $70,000 $905
2015 $63,000 $63,000 $835
2014 $59,000 $791
2013 $55,000 $744
2012 $53,000 $703
2011 $54,000 $732
2010 $63,000 $839
2009 $70,500 $947
2008 $94,000 $777

Property facts

Year built
1976
Property type
condos
Stories
2
Beds
2
Baths
1
Living area
860 sqft
Lot size
ZIP code
32541
City
Destin
Street
Gulf Terrace Dr
Coordinates
30.38848, -86.46703

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,591
Gross rental yield
6.12%
Implied cap rate
3.98%
Trend-extrapolated value

Frequently asked questions

When did 4000 Gulf Terrace Dr last sell?
4000 Gulf Terrace Dr most recently sold on Sep 9, 2022 for $312,000.
What is the current tax assessment for 4000 Gulf Terrace Dr?
The most recent total assessment for 4000 Gulf Terrace Dr (year 2025) is $215,000 with $2,546 in property tax.
How does 4000 Gulf Terrace Dr's assessment compare to its last sale price?
The current assessment is 31.1% below the last sale price of $312,000.
When was 4000 Gulf Terrace Dr built?
4000 Gulf Terrace Dr was built in 1976.
How does 4000 Gulf Terrace Dr compare to others on Gulf Terrace Dr?
We track 8 other properties on Gulf Terrace Dr. Browse the list under "Other properties on Gulf Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 4000 Gulf Terrace Dr?
4000 Gulf Terrace Dr is a 2 bed, 1 bath, 860 sqft condos.
Is 4000 Gulf Terrace Dr a flip candidate?
Yes — 4000 Gulf Terrace Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4000 Gulf Terrace Dr a tax-appeal candidate?
No — 4000 Gulf Terrace Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$910.9K
2026 Q4
$906.6K
ZIP 32541 — Median Price History + Forecast

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