4000 Gulf Terrace Drive #1000,107,108,109,110,113, Destin, FL 32541

222179171 30.388453 -86.46696 4 /listing/222179171-150474559/4000-gulf-terrace-drive-no-1000107108109110113-destin-fl-32541 False 0 4200000.0 950 104 2 1 809328 False
  • $4,200,000
  • 2 bd
  • 1 full ba
  • 950 sqft
  • Est payment $22546.51/mo

Property & Neighborhood Info

Courtesy Of Sea Coast Realty Group Inc

Condo in Destin

Listing information is for one unit out of the 42 included. Units are 2/1, 2/2 and 1/1 and 1/2. This is for a 42 unit investor package. Great deal on super rental income property with great rental numbers. Occupancy runs between 95-100% year round. Investors looking for tax depreciation and equity appreciation will love this package. Great location in the heart of Destin. This property has seen many improvements over the past 5 years. The maintenance fees have not gone up during that time. The association shows great financial records and a nice reserve account. Units are immediately occupied when vacancy occurs. Management contract in place and will continue for the next two years. Many of the units have water views, park views and tennis court view. Buyer to verify dimensions.

Courtesy Of Sea Coast Realty Group Inc
  1. 2 Beds
  2. 1 Full Bath
  3. 950 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 1976
  • Full Bath: 1
  • School District: Destin
  • School District2: Destin
  • School District3: Fort Walton Beach
  • County: Okaloosa
  • Taxes: $912.75
  • Tax Year: 2017
  • Subdivision: Gulf Terrace Condo
  • MLS Number:809328

Additional Features

  • Appliances:
    • Cooktop
    • Dishwasher
    • Disposal
    • Microwave
    • Refrigerator
    • Smoke Detector
    • Stove/Oven Electric
  • Construction:
    • Block
    • Concrete
    • Frame
    • Roof Flat
    • Roof Metal
    • Siding Vinyl
    • Stucco
  • Exterior Features:
    • Balcony
    • BBQ Pit/Grill
    • Deck Open
    • Fenced Chain Link
    • Fenced Privacy
    • Pavillion/Gazebo
    • Pool - In-Ground
    • Porch
    • Shower
    • Tennis Court
  • Waterfront:
    • Lake
    • Shore - Natural
    • Unit Waterfront
  • Waterview:
    • Lake
  • Parking:
    • Boat
    • Guest
  • Energy:
    • AC - Central Elect
    • Water Heater - Elect
  • Fee Includes:
    • Accounting
    • Ground Keeping
    • Insurance
    • Internet Service
    • Legal
    • Management
    • Other Utilities
    • Repairs/Maintenance
    • Sewer
    • Trash
    • TV Cable
    • Water
  • Utilities:
    • Electric
    • Phone
    • Public Sewer
    • Public Water
    • TV Cable
  • Community Features:
    • BBQ Pit/Grill
    • Community Room
    • Dock
    • Dumpster
    • Fishing
    • Laundry
    • Pavillion/Gazebo
    • Pets Allowed
    • Picnic Area
    • Pool
    • Tennis
    • TV Cable
    • Waterfront
  • Immediate Occupancy:
    • No
  • Board:
    • Emerald Coast
  • Existing Lease(s):
    • 1 - 3 Years
  • Financing:
    • Conventional
  • Homestead:
    • No
  • Legal Description:
    • 42 units in Gulf Terrace Condo's, See attached documents for a complete list of all the units.
  • New Buyer Fee:
    • Yes
  • Sold As- Is:
    • Yes
  • CDOM:
    • 96
  • Assessment:
    • 364.21
  • Assessments:
    • Monthly
    • Yes
  • LP Per SQFT:
    • 4421.05
  • New Buyer Fee Amt:
    • 350.0000
  • Rent Amount:
    • 1300.0000
  • Tax ID:
    • 00-2S-22-1095-0000-1000
  • Unit Number:
    • 1000,107,108,109,110,113,etc
  • Kitchen Dim:
    • 8 x 12
  • Master Bed Dim:
    • 12 x 11
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Gerri House
Gerri House
Owner

Request More Info

4000 Gulf Terrace Drive #1000,107,108,109,110,113, Destin, FL 32541

222179171 30.388453 -86.46696 4 /listing/222179171-150474559/4000-gulf-terrace-drive-no-1000107108109110113-destin-fl-32541 False 0 4200000.0 950 104 2 1 809328 False
  • $4,200,000
  • 2 bd
  • 1 full ba
  • 950 sqft
  • Est payment $22546.51/mo