4000 Gulf Terrace Dr
Destin, FL 32541
1 bd 1 ba 738 sqft Built 1973 Lot 816,891 sqft condo
Most recent sale
$220,000
Dec 14, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 20, 2025 | Sold | $220,000 | EmeraldCoast |
| Nov 4, 2022 | Listed for rent | $2,300 | EmeraldCoast |
| Nov 2, 2022 | Price changed | $299,000 | EmeraldCoast |
| Oct 21, 2022 | Listed | $320,000 | MLS #910511 |
| Dec 14, 2021 | Sold | $220,000 | MLS #718305 |
| Nov 4, 2021 | Relisted | $225,000 | MLS #718305 |
| Oct 24, 2021 | Listed | $225,000 | MLS #718305 |
| Aug 6, 2018 | Sold | $111,000 | MLS #796532 |
| Jul 17, 2018 | Relisted | $114,900 | MLS #796532 |
| May 18, 2018 | Listing removed | $114,900 | EmeraldCoast |
| May 9, 2018 | Relisted | $114,900 | MLS #796532 |
| Apr 25, 2018 | Listing removed | $114,900 | EmeraldCoast |
| Apr 18, 2018 | Listed | $114,900 | MLS #796532 |
| May 1, 2007 | Sold | $127,000 | Public Record |
| Nov 17, 2003 | Sold | $80,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $132,000 | — | $132,000 | $1,563 |
| 2024 | $132,000 | — | $132,000 | $2,093 |
| 2022 | $130,000 | — | $130,000 | $1,566 |
| 2020 | $80,000 | — | $80,000 | $1,001 |
| 2019 | $80,000 | — | $80,000 | $1,015 |
| 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
1973
Property type
condo
Stories
—
Beds
1
Baths
1
Living area
738 sqft
Lot size
816,891 sqft
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
$1,365
Gross rental yield
7.45%
Implied cap rate
4.84%
Trend-extrapolated value
—
Frequently asked questions
When did 4000 Gulf Terrace Dr last sell?
4000 Gulf Terrace Dr most recently sold on Dec 14, 2021 for $220,000.
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 40.0% below the last sale price of $220,000.
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, 1 bath, 738 sqft, 816,891 sqft lot condo.
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