For sale Condo

Listed Aug 3, 2026

$265,000 Est. $1,753/mo

4000 Gulf Terrace Drive Unit 228

  • 2

    Beds

  • 2

    Baths

  • 738

    Sq ft

The story

  • Pool

Unit UNIT 228 at 4000 Gulf Terrace Drive is a 2-bedroom, 2-bathroom condo in Destin, FL with 738 sq ft of living space, built in 1973. It is currently listed at $265,000. Highlights include a pool.

Thinking Destin? You found the perfect condo! Rental potential of $55k+ annually. Not only does this beautifully renovated unit come fully furnished, it has 2 FULL bathrooms which is a rarity at this price. Located in the heart of Destin, close to all attractions, shopping, yummy food, & the beach!! This complex has so much to offer - multiple swimming pools, pickleball/tennis, upgraded laundry on site, dog park, and EV charging! This is a STEAL! This would make the perfect investment property or primary residence. Pet friendly gives advantages for future renters! Inside you'll find a large main bedroom and custom designed bathroom, an open floor plan offering a place for families to truly enjoy together, and a bunk room with an additional bathroom (I know, I'm saying it again because it's that good!) If you've been visiting Destin and looking for a sign to take that leap - THIS IS IT!!!

Facts & features

Home type

Condo

Year built

1973

Price per sq ft

$359

Included features

  • Pool

    Yes

  • Cooling

    Ceiling Fans, Central Air

  • Heating

    Central

  • Appliances

    Dishwasher, Microwave, Refrigerator, Stove/Oven Electric

  • Flooring

    Floor Vinyl

  • Exterior

    BBQ Pit/Grill, Pavillion/Gazebo, Sprinkler System, Tennis Court

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$1,753 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,410
  • Property tax $265
  • Insurance $77

Includes principal, interest, taxes & insurance.

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Listing Broker

Coldwell Banker Realty

Broker Name

Coldwell Banker Realty

Agent

Megan Tate