MLS® ID: 809328

4000 Gulf Terrace Drive

Destin, Florida, 32541

$3,999,000 Active
  • 2 Beds
  • 1 Baths
  • 950 SQFT
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.
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Listing courtesy of Sea Coast Realty Group Inc

Amenities

  • Full baths
    1
  • Half baths
    0
  • Full Baths Range
    1 Bath
  • Total Baths
    1
  • Zip
    32541
  • Office name
    Sea Coast Realty Group Inc
  • Subdivision
    GULF TERRACE CONDO
  • SQFT
    950
  • Bedrooms
    2
  • Property type
    Condominium
  • Year built
    1976
  • Lot size
    4209.47
  • Tax year
    2017
  • Agent name
    Denise Dufault
  • Tax amount
    $ 912.75
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    < 1000 sq ft.
  • Area
    14 - Destin
  • Bedrooms Range
    2 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    255502191
  • Agent ID
    267500251

Location

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