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4000 Gulf Terrace Dr

Destin, FL 32541

1 bd 1 ba 750 sqft Built 1976 condos
Most recent sale
$290,000
Jul 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2024 Price changed $249,900 EmeraldCoast
Apr 16, 2024 Listed $259,900 EmeraldCoast
Mar 22, 2024 Price changed $265,000 EmeraldCoast
Dec 26, 2023 Price changed $279,900 EmeraldCoast
Dec 8, 2023 Price changed $289,900 EmeraldCoast
Nov 16, 2023 Price changed $299,900 EmeraldCoast
Oct 28, 2023 Listed $309,900 EmeraldCoast
Jul 19, 2022 Sold $290,000 Public Record
Jul 18, 2022 Sold $290,000 EmeraldCoast
May 19, 2022 Listed $285,000 MLS #898885
Sep 17, 2021 Sold $180,000 Public Record
Sep 15, 2021 Sold $180,000 EmeraldCoast
Aug 6, 2021 Listed $199,900 MLS #878880
Sep 9, 2020 Sold $94,500 Public Record
Jun 1, 1979 Sold $28,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $132,000 $132,000 $1,563
2024 $132,000 $132,000 $2,369
2023 $205,000 $205,000 $2,448
2022 $143,000 $143,000 $1,723
2021 $93,500 $93,500 $1,161
2020 $77,305 $984
2019 $70,277 $952
2018 $63,888 $821
2017 $59,000 $59,000 $765
2016 $55,000 $55,000 $701
2015 $48,000 $48,000 $636
2014 $44,000 $590
2013 $41,000 $554
2012 $39,500 $524
2011 $41,000 $556
2010 $47,000 $626
2009 $52,500 $705
2008 $71,000 $946

Property facts

Year built
1976
Property type
condos
Stories
Beds
1
Baths
1
Living area
750 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
$1,388
Gross rental yield
5.74%
Implied cap rate
3.73%
Trend-extrapolated value

Frequently asked questions

When did 4000 Gulf Terrace Dr last sell?
4000 Gulf Terrace Dr most recently sold on Jul 19, 2022 for $290,000.
What is the current tax assessment for 4000 Gulf Terrace Dr?
The most recent total assessment for 4000 Gulf Terrace Dr (year 2025) is $132,000 with $1,563 in property tax.
How does 4000 Gulf Terrace Dr's assessment compare to its last sale price?
The current assessment is 54.5% below the last sale price of $290,000.
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 1 bed, 1 bath, 750 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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