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Image 1 - Gulf Terrace Drive, Destin, FL 32541, USA - Condo for sale

Image 2 - Gulf Terrace Drive, Destin, FL 32541, USA - Condo for sale

Image 3 - Gulf Terrace Drive, Destin, FL 32541, USA - Condo for sale

Image 4 - Gulf Terrace Drive, Destin, FL 32541, USA - Condo for sale

Image 5 - Gulf Terrace Drive, Destin, FL 32541, USA - Condo for sale

Image 6 - Gulf Terrace Drive, Destin, FL 32541, USA - Condo for sale

Image 7 - Gulf Terrace Drive, Destin, FL 32541, USA - Condo for sale

Image 8 - Gulf Terrace Drive, Destin, FL 32541, USA - Condo for sale

Condo For Sale In Destin, Florida

Gulf Terrace Drive, Destin, FL 32541, USA

Condo For Sale In Destin, Florida

condo for sale

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Listed: 04/09/24

Gulf Terrace Drive, Destin, FL 32541, USA

1 Bed:

1 Bath:

738 Sq Ft Living Area:

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Price

$ 229,500

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About This Condo

Great opportunity to own a 1 bedroom 1 bathroom condo with private laundry! This condo is an investment property on short term rental program with possibilities to keep as vacation rental, or turn long term rental, own as a personal vacation getaway, or make into a primary residence in the heart of Destin. This unit is an incredible opportunity for an investor to renovate or keep rentals. Great location in Destin near all the emerald coast attractions, restaurants, shopping, Destin harbor, crab island and the emerald gulf white sand beaches! Gulf Terrace community has 3 pools all recently resurfaced, tennis courts, walking bridge over the central pond and green space. The community is conveniently located with two gated entrances with access from Hwy 98 and Airport Road. HOA dues include all utilities except the electric for the unit!

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Original listing

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Destin Housing & Living

Average sale prices for condos

2 bed

3 bed

Show as List Show as Graph

Month	Median Price
May 2024	$585,843 (-8.5%)
Apr 2024	$639,975 (0%)
Mar 2024	$639,975 (0%)
Feb 2024	$639,975 (0%)
Jan 2024	$639,975 (+27.7%)
Dec 2023	$501,288 (-22.6%)

In May 2024, the asking price for 2 bed condos for sale in/near Destin, United States averaged $585,843, a decrease of 8.5% from the previous month.

Median price trends for properties for sale in Destin, United States as of May 2024.

Household Income

Median household income: $71,407

Number of households: 5,885

The average household income in Destin, FL grew from $68,078 to $71,407 in the past year. This data is an estimate based upon 5,885 households in Destin, FL.
The chart below presents how household income is distributed in Destin, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Destin, FL compared to median property taxes around the country. The prevalent amount of property taxes in Destin, FL equals $3k+ , which is less than the national average.