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Welcome to Gulf Terrace! This charming condo offers the perfect blend of comfort, convenience, and investment potential. Located less than a mile from Big Kahuna's Water Park, this property is ideal for a vacation home, rental, or primary residence.Enjoy serene lake views right from your living room, creating a peaceful backdrop for your morning coffee or evening relaxation. This unit is move-in ready and fully furnished, featuring a 2018 HVAC unit, 2024 water heater, a newer stove, and a washer and dryer for added convenience.Gulf Terrace is a gated community offering fantastic amenities including a sparkling pool, tennis courts, clubhouse, and plenty of green space for your pets -- yes, this complex is pet-friendly!Best of all, Gulf Terrace allows short-term rentals, making this an excellent opportunity for investors looking to maximize rental income in a prime Destin location. Conveniently close to the beach, dining, shopping, and entertainment, this condo offers the full Destin lifestyle at an incredible value. Schedule your showing today and make this beautiful condo yours!
| DAYS ON MARKET | 24 | LAST UPDATED | 11/25/2025 |
|---|---|---|---|
| TRACT | GULF TERRACE CONDO | YEAR BUILT | 1973 |
| COMMUNITY | 14 - Destin | COUNTY | Okaloosa |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Destin |
|---|---|
| Jr. High School | Destin |
| High School | Destin |
| PRICE HISTORY | |
| Prior to Nov 25, '25 | $225,000 |
|---|---|
| Nov 25, '25 - Today | $219,900 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Water Heater, Microwave, Oven, Refrigerator, Washer |
| AREA | 14 - Destin |
| CONSTRUCTION | Block, Frame, Vinyl Siding |
| EXTERIOR | Balcony |
| HEAT | Central, Electric |
| HOA DUES | 722.13 |
| LOT | 0 |
| POOL DESCRIPTION | Outdoor Pool |
| SEWER | Public Sewer |
| STYLE | N/A |
| SUBDIVISION | GULF TERRACE CONDO |
| UTILITIES | Cable Available |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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© 2025 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). All rights reserved. Vendor Member Number: 28306
All listings are provided courtesy of the Emerald Coast Association of Realtors
© 2025 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). All rights reserved. Vendor Member Number: 28306
This IDX solution is (c) Diverse Solutions 2025.