4000 Gulf Terrace Dr
Destin, FL 32541
2 bd 2 ba 982 sqft Built 1973 condos
Most recent sale
$337,500
Oct 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 7, 2024 | Sold | $295,000 | EmeraldCoast |
| Mar 21, 2024 | Price changed | $339,000 | NWFlorida |
| Feb 13, 2024 | Price changed | $344,900 | NWFlorida |
| Sep 29, 2023 | Price changed | $345,000 | NWFlorida |
| Aug 17, 2023 | Price changed | $347,000 | NWFlorida |
| Jun 5, 2023 | Listed | $350,000 | NWFlorida |
| Oct 17, 2022 | Sold | $337,500 | NWFlorida |
| Sep 12, 2022 | Listed | $335,000 | MLS #907889 |
| Feb 5, 2020 | Sold | $125,000 | Public Record |
| Feb 4, 2020 | Sold | $125,000 | MLS #831434 |
| Oct 6, 2015 | Listing removed | $1,150 | NWFlorida |
| Oct 5, 2015 | Listed for rent | $1,150 | NWFlorida |
| Oct 27, 2005 | Sold | $259,900 | Public Record |
| Mar 1, 1992 | Sold | $43,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $215,000 | — | $215,000 | $2,546 |
| 2024 | $215,000 | — | $215,000 | $2,724 |
| 2023 | $245,000 | — | $245,000 | $2,926 |
| 2022 | — | — | $121,000 | $1,731 |
| 2021 | $110,000 | — | $110,000 | $1,366 |
| 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 | $1,252 |
| 2007 | — | — | $147,000 | $1,952 |
Property facts
Year built
1973
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
982 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 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,817
Gross rental yield
6.46%
Implied cap rate
4.20%
Trend-extrapolated value
—
Frequently asked questions
When did 4000 Gulf Terrace Dr last sell?
4000 Gulf Terrace Dr most recently sold on Oct 17, 2022 for $337,500.
What is the current tax assessment for 4000 Gulf Terrace Dr?
The most recent total assessment for 4000 Gulf Terrace Dr (year 2025) is $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 36.3% below the last sale price of $337,500.
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 2 bed, 2 bath, 982 sqft condos.
Is 4000 Gulf Terrace Dr a flip candidate?
No — 4000 Gulf Terrace Dr does not appear in our flips dataset.
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 valuationQuarterly trend
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$910.9K
2026 Q4
$906.6K
ZIP 32541 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Gulf Terrace Dr