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4000 Gulf Terrace Dr 1000,107,108,109,110,113,etc, Destin, FL 32541
2 Beds
1 Baths
950 sqft

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Listing information is for one unit out of the 40 included. Units are 2/1, 2/2 and 1/1 and 1/2. This is for a 40 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.
  • Price:
  • $3,999,000
  • Bedrooms:
  • 2
  • Full Baths:
  • 1
  • Square Footage:
  • 950
  • Year Built:
  • 1976
  • Listing ID #:
  • 809328
  • Street Address:
  • 4000 Gulf Terrace Dr 1000,107,108,109,110,113,etc
  • City:
  • Destin
  • State:
  • Florida
  • Postal Code:
  • 32541
  • County:
  • Okaloosa
  • Subdivision:
  • Gulf Terrace Condo
  • Listing Status:
  • Active
5
out of 5

Destin Elementary School
Public
K-4
950 students
15 student/
teacher
4
out of 5

Destin Middle School
Public
5-8
750 students
16 student/
teacher
  • Exterior Features:
  • Balcony, Bbq Pit/Grill, Deck Open, Fenced Chain Link, Fenced Privacy, Pavillion/Gazebo, Pool - In-Ground, Porch, Shower, Tennis Court
  • Number Of Floors In Unit:
  • 1
  • Number Of Units:
  • 8.00
  • Siding:
  • Block, Concrete, Frame, Roof Flat, Roof Metal, Siding Vinyl, Stucco
  • Square Footage Source:
  • County PA Records
  • Total Building Square Footage:
  • 950
  • Year Built:
  • 1976
  • Community Features:
  • Bbq Pit/Grill, Community Room, Dock, Dumpster, Fishing, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, Tv Cable, Waterfront
  • Days On Market:
  • 127
  • Association Fee:
  • 364.21
  • Association Fees Payment Frequency:
  • Monthly
  • Hoa Fee Includes:
  • Accounting, Ground Keeping, Insurance, Internet Service, Legal, Management, Other Utilities, Repairs/Maintenance, Sewer, Trash, Tv Cable, Water
  • Price Per Square Foot:
  • 4209.47
  • Property Taxes:
  • $912
  • Tax Year:
  • 2017
  • Kitchen:
  • 1st Floor
  • Kitchen Dimensions:
  • 8 X 12
  • Kitchen Level:
  • 1
  • Master Bedroom Dimensions:
  • 12 X 11
  • Master Bedroom Location:
  • 1
  • Total Rooms:
  • Bedroom - Additional, Bedroom - Master, Dining/Living Combo, Kitchen
  • Parking Description:
  • Boat, Guest
  • Pool Description:
  • Yes
  • Pool Type:
  • Community
  • Appliances:
  • Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric
  • Energy Description:
  • Ac - Central Elect, Water Heater - Elect
  • Waterfront Description:
  • Lake, Shore - Natural, Unit Waterfront
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Sea Coast Realty Group Inc
  • ECAR
  • Schools information provided by ATTOM

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