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4000 Gulf Terrace Dr

Destin, FL 32541

1 bd 2 ba 900 sqft Built 1973 condos
Most recent sale
$190,000
Sep 14, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 11, 2022 Sold $267,500 EmeraldCoast
Sep 9, 2022 Price changed $280,000 MLS #899124
Sep 2, 2022 Price changed $290,000 MLS #899124
Aug 1, 2022 Price changed $300,000 MLS #899124
Jul 15, 2022 Price changed $310,000 MLS #899124
May 22, 2022 Listed $315,000 MLS #899124
Sep 14, 2021 Sold $190,000 Public Record
Aug 22, 2021 Listed $190,000 MLS #880041
May 28, 2021 Sold $160,000 Public Record
May 25, 2021 Sold $160,000 EmeraldCoast
May 12, 2021 Listed $131,000 MLS #871579
Aug 21, 1996 Sold $42,800 Public Record
Apr 1, 1980 Sold $30,000 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 $149,500 $149,500 $1,801
2020 $79,860 $1,000
2019 $72,600 $967
2018 $66,000 $66,000 $847
2017 $60,000 $60,000 $784
2016 $57,000 $57,000 $728
2015 $50,000 $50,000 $662
2014 $46,000 $617
2013 $42,500 $575
2012 $41,000 $544
2011 $44,000 $596
2010 $50,000 $666
2009 $55,000 $739
2008 $71,000 $946

Property facts

Year built
1973
Property type
condos
Stories
Beds
1
Baths
2
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
10.52%
Implied cap rate
6.84%
Trend-extrapolated value

Frequently asked questions

When did 4000 Gulf Terrace Dr last sell?
4000 Gulf Terrace Dr most recently sold on Sep 14, 2021 for $190,000.
What is the current tax assessment for 4000 Gulf Terrace Dr?
The most recent total assessment for 4000 Gulf Terrace Dr (year 2025) is $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 13.2% below the last sale price of $190,000.
When was 4000 Gulf Terrace Dr built?
4000 Gulf Terrace Dr was built in 1973.
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, 2 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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