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4000 Gulf Terrace Dr

Destin, FL 32541

1 bd 1 ba 900 sqft Built 1976 condos
Most recent sale
$158,500
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 14, 2025 Listed $300,000 EmeraldCoast
Nov 3, 2023 Listed $325,000 EmeraldCoast
Jul 1, 2022 Sold $158,500 Public Record
Jun 24, 2022 Sold $317,000 EmeraldCoast
May 13, 2022 Listed $315,000 MLS #898394
Jun 23, 2021 Sold $172,286 Public Record
Jun 22, 2021 Sold $172,250 EmeraldCoast
Jun 9, 2021 Listed $142,500 MLS #873918
Dec 12, 1995 Sold $42,900 Public Record
Aug 1, 1992 Sold $34,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $165,000 $165,000 $1,954
2024 $165,000 $165,000 $2,369
2023 $205,000 $205,000 $2,448
2022 $136,500 $136,500 $1,644
2020 $46,684 $271
2019 $45,634 $261
2018 $44,783 $254
2017 $43,862 $246
2016 $42,960 $233
2015 $42,661 $233
2014 $42,322 $232
2013 $41,697 $225
2012 $41,000 $212
2011 $44,000 $257
2010 $49,591 $327
2009 $48,287 $312
2008 $48,239 $309
2007 $46,834 $290

Property facts

Year built
1976
Property type
condos
Stories
2
Beds
1
Baths
1
Living area
900 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
$1,665
Gross rental yield
12.61%
Implied cap rate
8.19%
Trend-extrapolated value

Frequently asked questions

When did 4000 Gulf Terrace Dr last sell?
4000 Gulf Terrace Dr most recently sold on Jul 1, 2022 for $158,500.
What is the current tax assessment for 4000 Gulf Terrace Dr?
The most recent total assessment for 4000 Gulf Terrace Dr (year 2025) is $165,000 with $1,954 in property tax.
How does 4000 Gulf Terrace Dr's assessment compare to its last sale price?
The current assessment is 4.1% above the last sale price of $158,500.
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, 900 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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