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4000 Gulf Terrace Dr

Destin, FL 32541

1 bd 1 ba 900 sqft Built 1977 condos
Most recent sale
$169,000
May 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 12, 2023 Listed for rent $1,600 EmeraldCoast
May 4, 2022 Sold $169,000 Public Record
May 2, 2022 Sold $169,000 EmeraldCoast
Mar 7, 2022 Listed $169,000 MLS #892626
Mar 11, 2013 Listing removed $800 EmeraldCoast
Feb 12, 2013 Listed for rent $800 EmeraldCoast
Jun 29, 2012 Listing removed $800 EmeraldCoast
Jun 14, 2012 Listed for rent $800 EmeraldCoast
Feb 13, 2010 Listing removed $700 EmeraldCoast
Nov 19, 2009 Price changed for rent $700 EmeraldCoast
Oct 19, 2009 Listed for rent $750 EmeraldCoast
Apr 1, 1986 Sold $41,000 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 $93,540 $1,330
2021 $85,036 $1,106
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
2007 $111,000 $1,474

Property facts

Year built
1977
Property type
condos
Stories
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
11.82%
Implied cap rate
7.68%
Trend-extrapolated value

Frequently asked questions

When did 4000 Gulf Terrace Dr last sell?
4000 Gulf Terrace Dr most recently sold on May 4, 2022 for $169,000.
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 21.9% below the last sale price of $169,000.
When was 4000 Gulf Terrace Dr built?
4000 Gulf Terrace Dr was built in 1977.
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?
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 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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