4000 Gulf Terrace Drive #286, Destin, FL 32541
Local realty services provided by:CENTURY 21 Ryan Realty
Listed by: tatiana bodiu
Office: bodiurealty llc.
MLS#:993789
Source:FL_ECAR
Price summary
- Price:$268,000
- Price per sq. ft.:$322.89
About this home
ATTENTION INVESTORS!
High-performing 1 bed, 1 bath condominium in Destin, Florida generating approximately $42,000 in annual rental income. 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 condo is being sold turn-key and ready for short-term rentals, making it an excellent investment opportunity or a perfect place to call home. This unit is being sold fully furnished with everything shown in the listing and is ready to move in or immediately start short-term rentals. The condo has been completely renovated, featuring:
New electrical wiring and water lines.
New HVAC system and ductwork.
New water heater.
New sheetrock with blown insulation.
New sliding patio door.
Enjoy excellent community amenities including outdoor pools, tennis courts, BBQ areas, and a pavilion/gazebo. This is a great investment opportunity with strong income potential in a prime beach location or a perfect place to live.
Disclaimer: All measurements to be verified by buyer.
Contact an agent
Home facts
- Year built:1973
- Listing ID #:993789
- Added:1 day(s) ago
- Updated:January 28, 2026 at 06:16 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Living area:830 sq. ft.
Structure and exterior
- Year built:1973
- Building area:830 sq. ft.
Schools
- High school:Destin
- Middle school:Destin
- Elementary school:Destin
Utilities
- Water:Public Water
Finances and disclosures
- Price:$268,000
- Price per sq. ft.:$322.89
- Tax amount:$1,915 (2025)
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