• 4000 Gulf Terrace Drive, Unit 122, Destin, FL 32541 Main Photo

4000 Gulf Terrace Drive, Unit UNIT 122
Destin, FL 32541

$250,000

37 Photos

Listing Details

  • $250,000
  • MLS# 1013697
  • Type Residential - Condominium
  • Status Active
  • 2
    Bedrooms
  • 1 full
    Bathrooms
  • 1,050
    Square Feet
  • 1973
    Year Built

Listed By

Agency Name: Century 21 AllPoints Realty

Shown By

Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050

IDX logo

Home Value Estimate


Description

INVESTOR OPPORTUNITY IN THE HEART OF DESTIN! Unit 122 at Gulf Terrace offers an exciting opportunity for first-time investors or savvy buyers looking to create value in one of the Emerald Coast's most popular vacation destinations. Bring your vision and add your personal touch to this condo while exploring its potential to build equity and generate vacation rental income. Updated comparable units have demonstrated **proven gross rental income of approximately $67K annually**, offering an attractive benchmark for investors considering the possibilities here. 2025 Actual Gross Income $55,790 2026 Actual Gross Income YTD over $51KIdeally located...read more

Features

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator W/IceMk
  • Smooth Stovetop Rnge
  • Stove/Oven Electric
  • Washer
  • Water Heater - Elect
  • Ceiling Fans, Central Air
  • Floor Tile
  • Floor Vinyl
  • Central
  • 2.0 Stories
  • $2,546 Taxes
  • Built in 1973

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