4000 Gulf Terrace Dr Unit 286, Destin, FL 32541

$235,500
1
BD
1
BA
830
SqFt

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Sold Price
$235,500
List Price
$255,000
Closing Date
May 12, 2026
Days on Market
105
MLS#
993789
Status
CLOSED
Type
Condo
Subtype
Condominium
Bedrooms
1
Bathrooms
1
Full Bathrooms
1
Living Area
830
Neighborhood
Destin Northwest

Property Description

Highly motivated seller -- bring your offers! High-performing 1 bed, 1 bath condominium in Destin, Florida generating a consistant and profitable annual rental income for the past 4 years. This unit consistently outperforms comparable properties in the area, demonstrating exceptional demand and proven success. A detailed income report for the past four years is available, highlighting its strong and reliable revenue history. This condominium is offered turnkey and is already generating consistent monthly income with active rental bookings in place, making it an outstanding investment opportunity or an ideal primary or secondary residence. The unit is being sold fully furnished, including all items shown in the listing, and is completely move-in ready or prepared to continue operating immediately as a short-term rental. Everything is new from Electrical wiring, HVAC system,Sheetrock, Water Heater, Slididing door and Insulation . Disclaimer: All measurements to be verified by buyer.

Additional Information

Appliances
Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
Elementary School
Destin
Exterior Features
Balcony
High School
Destin
Interior Features
Kitchen Island
Legal Description
GULF TERRACE TWO UNIT 286
Middle School
Destin
Neighborhood
Destin Northwest
Community Features
Dumpster, Gated, Pavillion/Gazebo, Picnic Area, Pool, Cable TV, Tennis Court(s), Pickleball, Short Term Rental Allowed
Subdivision
Gulf Terrace Condo
View
Lake
Year Built
1973

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Calculator source: Real Geeks

Listing courtesy of BodiuRealty LLC. Selling Office: .

Vendor Member Number : 28166